BitConnect promoter banned for 5 years by Sydney District Court
John Bigatton has been convicted for unlicensed financial advice, impacting the credibility of Australia’s financial sector.
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Friend.tech SIM-swap scourge continues as scammer nets $385K in Ether
Leaked mobile phone numbers have given scammers an easy way to drain Friend.tech user accounts. 190 Total views 17 Total shares A single scammer has reportedly managed to steal around $385,000 worth of Ether (ETH) in less than 24 hours amid a scourge of SIM-swap hacks seemingly targeting Friend.tech users.On Oct. 5, blockchain sleuth ZachXBT

Crypto podcasters should always assume their audience knows nothing
Opinion by: Blake Cassidy, CEO of Bamboo Crypto podcasts have been newcomers’ go-to source of information, helping bring crypto into the mainstream. Podcasters must remember, however, that fresh faces are constantly tuning in as they grow. While you may say, “FOMO, buy the dip, ignore the FUD because WAGMI,” your poor listener — tuning in

Philippines’ UnionBank Launches Payments-Focused Stablecoin
In a bid to drive greater financial inclusion, Philippines-based UnionBank has launched a payments-focused stablecoin pegged to the Philippine peso.A report from PhilStar Global on July 26 revealed that the new, bank-backed cryptocurrency — dubbed PHX — is being implemented on UnionBank’s i2i platform. Rural banks and Philippines’ main financial networkI2i is an acronym for island-to-island,…

Singapore plans joint crypto pilots with Japan, Switzerland and UK
Singapore’s central bank and financial regulator is seeking closer cross-border collaboration for its asset tokenization project. 146 Total views 4 Total shares The Monetary Authority of Singapore (MAS), the country’s central bank and financial regulator, is planning to start crypto-related cooperation with some European countries and Japan.The MAS officially announced on Oct. 30 that it

Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quant trader at Alameda Research, believes three general factors are pushing up the price of Bitcoin (BTC). The catalysts are increasing adoption, whales, inflows from other products into Bitcoin and influence from other markets. Alameda Research is a major cryptocurrency firm that trades between $600 million and $1.5 billion a day, trading a…

The role of blockchain in democratizing technology — Interview with Ankr
Web3 infrastructure shares key insights about the state of the blockchain ecosystem and how DePIN can expand on the notion of decentralization.

Bitcoin whale cluster at $10,570 is the most important level right now
According to Whalemap, an on-chain analysis firm that focuses on Bitcoin (BTC) whale activity, short-term clusters are present at $10,570.Whale clusters are shown at $10,570 and $11,288 for Bitcoin. Source: WhalemapWhale clusters form when whales accumulate Bitcoin and do not move the BTC. Areas that have large amounts of unspent BTC become an area of…

Bitcoin price fails $38.5K breakout as US GDP fuels Fed hard landing woes
Bitcoin (BTC) shrank back from resistance after the Nov. 29 Wall Street open as United States GDP figures beat expectations.BTC/USD 1-hour chart. Source: TradingViewGDP sets tone for macro-sensitive cryptoData from Cointelegraph Markets Pro and TradingView followed a familiar BTC price retracement on short timeframes.Bitcoin bulls had managed to propel the market above $38,000 the day