Bitcoin whales now add just 1% to their BTC holdings per month
Bitcoin large-volume investors have slowed their BTC accumulation to a crawl versus the run-up to all-time highs earlier this year.
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3AC liquidators seek ‘alternative means’ to subpoena missing founders
Advisory firm Teneo argued that standard methods to contact the Three Arrows Capital founders have failed, and is now looking for other ways to subpoena them. Liquidators for Three Arrows capital (3AC) have asked a U.S. court to grant them permission to subpoena the embattled crypto hedge fund's founders through “alternative means.”To this date, the whereabouts…

UFC to pay out fighter bonuses in Bitcoin for its upcoming PPV events
Sports and crypto have gone hand in hand over the past couple of years, as most sporting companies across various niches have on-boarded crypto firms as their brand partners. 116 Total views 50 Total shares Ultimate Fighting Championship (UFC), the popular mixed martial arts organization, will be paying out Fan bonuses to its fighters in…

Average Bitcoin transaction fee drops under $1 as network difficulty recovers
In addition to timely upgrades, the drop in transaction fees can be attributed to multiple factors, including falling market prices and lower mining difficulty. The average transaction fees on the Bitcoin (BTC) blockchain fell below $1 for the first time in over two years, further strengthening its use case as a viable mainstream financial system.High…

Bitcoin price metric demands ‘strong reaction’ as $56K BTC starts to look ‘seriously cheap’
Current limp Bitcoin price performance is not fooling analysts, as Advanced NVT Signal joins those predicting a dramatic BTC renaissance. 774 Total views 11 Total shares Bitcoin (BTC) is “seriously cheap” at $56,000 relative to network activity — and that means only one thing, one analyst says.In a tweet on Nov. 24, Philip Swift, creator…

NSA Working to Develop Quantum-Resistant Cryptocurrency: Report
The United States’ National Security Agency (NSA) is allegedly working to develop a quantum-resistant cryptocurrency.The claim was made in a tweet by Bloomberg Technology reporter William Turton on Sept. 4, who was in attendance at the Billington CyberSecurity 10th annual summit in Washington D.C.NSA: North Korea “creative” in its use of cryptocurrencyTurton’s tweet gives only…

Banks with crypto services require new Anti-Money Laundering capabilities
The new year began with the news that notable Web3 entrepreneur Kevin Rose fell victim to a phishing scam in which he lost over $1 million worth of nonfungible tokens (NFTs). As mainstream financial institutions begin to provide services related to Web3, crypto and NFTs, they would be custodians of client assets. They must protect their…

Law Decoded: Of Street Marches and Market Manipulators, May 30–June 5
Cointelegraph’s weekly newsletter on the latest in law, policy and regulation for the crypto and fintech industry. Editor’s noteA lockdown spring is giving way to a protest summer in the U.S., and this will be an especially U.S.-focused edition of Law Decoded. Washington’s focus has shifted from the novel coronavirus over to the mass demonstrations around…

Client malfunction brings down Ethereum’s most popular block explorer
Etherscan and OpenEthereum are stuck on one block shortly after Berlin hard fork. 698 Total views 10 Total shares The OpenEthereum client for Ethereum, formerly known as the Parity client, is reportedly malfunctioning for a number of users on Thursday afternoon UTC, including the popular block explorer Etherscan.According to multiple user reports on Github, the…