Bitcoin’s brief rally to $100K triggers record 5.4K BTC monthly outflow
Bitcoin price sold-off today, but heavy demand below $98,000 is prepping the market for the next leg higher.
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US prosecutors allegedly link ex-FTX exec to Chinese bribery scandal
Notes from a 2023 conference call between Assistant US Attorneys revealed allegations against Ryan Salame tied to Alameda Research’s bribery scheme in China.
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Binance cuts withdrawal limits, rolls out tax reporting tool
Existing Binance users will not be able to withdraw more than 0.06 BTC per day without completing full KYC verification, effective in August. 1675 Total views 63 Total shares Binance, the world’s biggest cryptocurrency exchange by trading volumes, continues its efforts to maintain dialogue with global regulators by introducing withdrawal limits and a new tax…
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Ethereum Core Devs Debate Constantinople Hard Fork and “Difficulty Bomb” During Meeting
Ethereum (ETH) core developers have held their regular meeting on YouTube August 24 on the progress of client implementation and tests of the Enterprise Integration Patterns (EIPs) for the upcoming Constantinople hard fork. The meeting started with a discussion of the latest updates on the processes of no-proof blockchain tests and the progress achieved on…
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Bitcoin the third ‘most crowded trade’ in global fund manager survey
Asset managers around the globe are losing confidence in the dollar, encouraging them to seek out inflation-resistant investments for their clients. 682 Total views 9 Total shares A new survey of global fund managers reveals that Bitcoin has climbed in the rankings of “most crowded trade” beating out traditional investments like gold and bonds. Bitcoin was…
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Twitter Co-Founder-Backed Fintech Startup Rolls Out Bitcoin Banking App
Mode, a financial services firm backed by Twitter co-founder Biz Stone, has rolled out its Bitcoin (BTC) banking app on iOS devices.The British company made its app available globally, with the exception of the United States, fintech-focused media outlet Finextra reported on Feb. 4. Customers can start using the app with as much as £50…
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Bitcoin pinned below $60K — Is BTC consolidating or preparing for more downside?
Institutional spot Bitcoin ETF outflows and lowered Bitcoin miner profitability could be driving the current price drop
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Hong Kong regulator eyes tokenization for bond market improvement: Report
The monetary authority in Hong Kong released a report on its study Project Evergreen which looked at the highs and lows of recent bond tokenization activity. 129 Total views 12 Total shares The Hong Kong Monetary Authority (HKMA) released a report on Aug. 25 detailing the findings of its Project Evergreen study which analyzed the…
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Crypto developer will lead Twitter’s decentralized social media initiative
The new lead plans on hiring for the Bluesky team and “partnering closely with Twitter and other companies” as part of the next steps towards fulfilling the decentralized social media plan. 467 Total views 2 Total shares Jay Graber, a former software engineer for Zcash and blockchain firm Skuchain, will be leading the anticipated decentralized…