Bitfinex hacker sentenced to 5 years in prison
US authorities arrested Ilya Lichtenstein and his wife, Heather Morgan, in 2022 for laundering Bitcoin connected to the Bitfinex exchange.
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Bitcoin over $20k: Bulls and more bulls
Much of the crypto market is bullish on Bitcoin, with Guggenheim Partners pricing the asset at $400,000. 2306 Total views 9 Total shares Bitcoin (BTC) has attracted a lot of proponents this year, with many folks expressing positive market sentiment following the asset’s recent rise to $20,000 and beyond. Not everyone is overly bullish though.Peter…
Tether gets Coinbase’s seal of approval, will list on pro offering
Coinbase seems to be signaling that the Nasdaq-listed crypto exchange is not concerned about the stablecoin's regulatory issues. 1067 Total views 17 Total shares The United States’ largest cryptocurrency exchange, Coinbase, is listing Tether (USDT) on its professional trading platform.According to a Thursday announcement, Coinbase Pro has enabled USDT deposits ahead of the trading launch…
IMF pressures El Salvador to overhaul Bitcoin regulations
According to the International Monetary Fund, El Salvador has an annual GDP growth rate of 3% and roughly $144 million in outstanding loans.
Layer 2 networks hit $13B TVL, but challenges still remain
Ethereum layer-2 networks reached a new milestone on Nov. 10, reaching $13 billion of total value locked (TVL) within their contracts, according to data from blockchain analytics platform L2Beat. According to industry experts, this trend of greater interest in layer 2s is likely to continue, although some challenges remain, especially in the realms of user
Crypto donations fund fire relief efforts on Maui
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Banning ransomware payments: An attractive but dangerous idea
A successful cyberattack on critical infrastructure — such as electricity grids, transportation networks or healthcare systems — could cause severe disruption and put lives at risk. Our understanding of the threat is far from complete since organizations have historically not been required to report data breaches, but attacks are on the rise according to the…
SpaceChain Claims To Have Signed Outer Space’s First Multisig BTC Transaction
SpaceChain claims to have signed the first multi signature transaction in outer space. According to an announcement published on August 18, SpaceChain has successfully demonstrated the first use of blockchain hardware on the International Space Station, or ISS. This feat was made possible through a collaboration with the European Space Agency, which appears to have…
The Great Reset and accredited investors: Bad crypto news of the week
Bitcoin was down a bit this week, stopping just above $11,000. That increase in volatility is only to be expected, say some experts, as we approach the end of some BTC futures and options contracts. Other contributors to increased volatility include Bitcoin’s long period of consolidation and a key resistance level.But what happens next? World…