Bitcoin traders eye bear trap as BTC price hits 10-day high of $60.4K
Bitcoin bulls may be able to trap late sellers below key bull market trendlines as BTC price weekend gains pass 5%.
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Police Arrest Dutch Cryptocurrency CEO in Rumored $25 Million Fraud Case
Disclaimer. This article has been updated to change the amount involved in the fraud case, as it was misreported in an English version of a Dutch article on the subject.Dutch police have arrested a former entrepreneur for fraud after alleging he conned investors in a fake bitcoin (BTC) mining operation out of €23 million ($25 million),…

Major Oil Firms, Banks Partner to Launch Blockchain Platform for Energy Commodity Trading
Major oil companies BP, Shell, and Equinor have united with large banks and trading houses to launch a blockchain-driven platform Vakt for energy commodity trading. The partnership was reported by independent news agency covering energy and commodities markets S&P Global Platts Monday, Nov. 12.Apart from the three oil companies mentioned above, Vakt includes banks ABN…

Is crypto approaching its ‘Netscape moment?’
This year marks the 30th anniversary of the first web page on the World Wide Web, which means a person has to be nearly half a century old to clearly remember the patchwork progress, the false starts and stops, and the trial and error that eventually gave us what is now the defining foundation of…

Chinese government-owned newspaper to launch NFT platform
China Daily stated that digital collectibles sold on its platform may be bridged to the likes of Opensea and LooksRare. 279 Total views 2 Total shares China Daily, an English-language newspaper owned by the Publicity Department of the Chinese Communist Party, wants to create its very own metaverse and nonfungible tokens (NFTs) platform.According to a

Programming Languages Used in Blockchain, Explained
1. First, what are programming languages for? Aside from functionality, programming languages are essential in ensuring that blockchain networks and crypto infrastructure are secure. Their role is simple: They enable computers to understand instructions. While there is some overlap in the programming languages used to develop conventional software and technology for blockchain platforms, the workflows…

Building the blockchain industry despite market drops and regulation threats
Even if crypto regulation comes to America, top crypto investors are not worried as upward of 90% of cryptocurrencies are utilized outside the United States. 119 Total views 23 Total shares “The cryptocurrency market is the only truly free market that exists in the financial universe,” said Dan Tapiero, CEO of 10T Holdings, during a…

Compound liquidator makes $4M as oracles post inflated Dai price
DAI reached a price of $1.3 on Uniswap and Coinbase, the two exchanges used by Compound's oracles. 307 Total views 2 Total shares The crypto market suffered a powerful crash on Thursday morning UTC, which sent prices of major currencies like Bitcoin (BTC) and Ether (ETH) tumbling in excess of 10%.When traders rush for the…

Asian hedge fund managers favor growth over Bitcoin: Goldman Sachs survey
One third of participants see Bitcoin as the least preferable investment asset. 2157 Total views 1 Total shares Earlier this week, a Bank of America survey found that American hedge fund managers favor Bitcoin (BTC) over tech, but Goldman Sachs' poll with the Asian chief investment officers tells a different story.Goldman Sach Global Investment Research…