Bithumb Sees 40% Trading Volume Drop After User Registration Suspension

Business intelligence company MicroStrategy (MSTR) earlier on Monday was sitting on more than a $2 billion profit on its massive holdings of bitcoin (BTC) following the crypto’s rally above $42,000.Led by then CEO and now Executive Chairman Michael Saylor, MicroStrategy began purchasing bitcoin in August 2020. The company's most recent purchases took place last month

Dash, a blockchain powering the namesake privacy-focused coin, stopped processing transactions and producing new blocks early Monday morning, according to Samuel Westrich, CTO of Dash Core Group.“There was a problem during v19 activation of Dash Core," Westrich tweeted around 5 a.m. UTC (1 a.m. EST). "The chain is stalled and currently not producing blocks," he…

Thursday, Oct. 3 Polyhedra's ZK Prover, Expander, Tops Speed Rankings in First Results From 'Proof Arena' Polyhedra Network, a blockchain project specializing in zero-knowledge (ZK) proofs, released the first set of data from its new Proof Arena, a benchmarking platform designed to evaluate and compare different ZK provers. According to the team, "The data includes

The debtor group controlling wallets linked to the cold storage of bankrupt crypto exchange FTX moved more than $19 million worth of assorted tokens to crypto exchange addresses on Thursday, blockchain data shows.On-chain analytics firm Peckshield said some 470,000 SOL, worth $15 million at current prices, were moved to different wallets. “Some of these funds

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Crypto exchange Binance could face U.S. Department of Justice fraud charges, though prosecutors are weighing alternatives given the risk of an FTX-style bank run, news site Semafor reported,…

Crypto wallet company Exodus Movement will not be listing on NYSE American, the New York Stock Exchange’s sibling market, on Thursday as planned, the company announced late Wednesday.NYSE American told Exodus on Wednesday that U.S. Securities and Exchange Commission staff were still reviewing Exodus' registration statement, which the company said had gone effective at the

Dec 24, 2019 at 14:30 UTCTencent building in Shenzen, China, photo by Shutterstock.Tencent, the Chinese internet giant and owner of WeChat, is reportedly forming a team to explore possible new use cases for cryptocurrencies. According to reports by Chinese media, Tencent issued an internal notice informing employees it was searching for someone to head a…

The way BTC options trading on Deribit are currently priced suggests a 9.58% chance of prices rising above $100,000 by Dec. 27. The possibility of prices rising to $82,000 is higher, according to one observer. Options market probabilities can change quickly with market conditions. 01:01 Bitcoin Breaks $64K While Gold Soars 00:56 ETH/BTC Ratio Slid

news Telecommunications conglomerate Verizon is eyeing the use of blockchain technology to underpin the dynamic creation of virtual SIM cards. The company was granted a patent with the U.S. Patent and Trademark Office for the concept on Sept. 10, in which it sets out how it the invention could do away with pre-inserted, branded physical SIM…