Bitcoin traders now agree $65K is ‘key’ BTC price resistance to beat
BTC price predictions see some consolidation before Bitcoin bulls tackle major resistance hurdles.
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South Africa finishes technical PoC for wholesale CBDC settlement system
South Africa has taken another step closer to implementing its central bank digital currency (CBDC) as the South African Reserve Bank (SARB) concludes a technical proof-of-concept for the project.The project, titled Project Khokha 2 (PK2), is the second phase of SARB’s Project Khokha (PK1), launched in 2018. It experimented with distributed ledger technology (DLT) for…
New York District Attorney Charges Two for Shadow Banking Crypto Companies
The Southern District of New York Attorney has charged an Arizona man and Israeli woman for allegedly shadow banking cryptocurrency companies, according to an official announcement published on April 30.Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced the arrest of Reginald Fowler for allegedly operating an unlicensed money…
Kraken Cryptocurrency Exchange to Add Support for OmiseGo and PAX Gold
San Francisco-based cryptocurrency exchange Kraken is listing OmiseGO (OMG) and PAX Gold (PAXG) tokens.According to a blog post on Oct. 28, the exchange’s users will be able to deposit, withdraw and trade both assets starting Oct. 29. Kraken will roll out trading pairs between OMG and PAXG and Bitcoin (BTC) and Ether (ETH), as well…
Decentralized exchange PancakeSwap moves into GameFi
The DEX has partnered with BNB GameFi protocol Mobox to create a blockchain tower defense game. 562 Total views 16 Total shares On May 29, decentralized exchange (DEX) PancakeSwap announced that it had launched a new tower-defense GameFi game in conjunction with BNB GameFi protocol Mobox. Dubbed “Pancake Protectors,” the game allows players to utilize…
Criminals more reliant on cross-chain bridges than ever after mixer crackdowns
The sanction of cryptocurrency mixer Tornado Cash in August caused the first major shift, but that is now accelerating even faster than projected. 283 Total views 8 Total shares Cybercriminals have accelerated their shift away from crypto mixers for cross-chain bridges over the past year, according to blockchain forensics firm Elliptic.In June and July, nearly
Iranian Authorities Confiscate 1,000 Bitcoin Mining Machines
Authorities in Iran have confiscated about 1,000 units of bitcoin (BTC) mining machines from two now-defunct factories, BBC reported on June 28As reported, local authorities noticed a surge in electricity consumption by 7% earlier in June and linked it to cryptocurrency mining activities. Officials subsequently discovered and removed the mining hardware from two former factories. Arash…
France’s top modern art museum to display CryptoPunks, Autoglyphs NFTs
A new exhibition targeting the intersection of art and blockchain will open this spring at the Centre Pompidou, home of the first collection of modern art in Europe. 192 Total views 6 Total shares Own this piece of history Collect this article as an NFTParis's leading contemporary art museum, the Centre Pompidou announced on Feb.…
Record GBTC discount may spark $100K Bitcoin price rise — analyst
Bitcoin (BTC) could be in for a $100,000 bull run next if a classic signal from institutions repeats its historical trend.In a tweet on March 4, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, said that those seeking clues about what lies next for Bitcoin should look at the Grayscale Bitcoin Trust (GBTC).Negative premium "could…