BODEN memecoins briefly spike after Hunter Biden guilty verdit
Misspelled memecoins referencing the U.S. first family surged after President Biden’s son was convicted of lying about being a drug user when buying a revolver.
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Study: Pump and Dump Schemes Account for 7$ Million of Monthly Trade Volume
A recent study has found that pump and dump schemes account for about $7 million worth of trading volume per month, MIT Technology Review reported Dec. 4. The analysis was performed by researchers Jiahua Xu and Benjamin Livshits at Imperial College London.A pump and dump scheme is a form of securities fraud that has also…

Coinbase deepens ties to Trump with advisory council pick
Weeks after a meeting between Trump and Brian Armstrong to reportedly discuss personnel, the US president’s co-campaign manager will be joining Coinbase’s advisory council.

Bitcoin holds $34K as Bloomberg likens $30K support to $4K in 2020 BTC price crash
Bitcoin (BTC) maintained $34,000 support on Wednesday as a rebound from six-month lows showed surprising resilience.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls see 2020 similaritiesData from Cointelegraph Markets Pro and TradingView showed BTC/USD stabilizing on Wednesday after a day of unnerving volatility.At the time of writing, Bitcoin was approaching $34,500 on the back of…

Expert: US Should Cut Crypto Firms Some Slack to Compete With China
Fintech and regulation experts have said the United States needs to wake up to China’s proactive pursuit of a central bank digital currency.A Fortune report published on Nov. 1 pointed to the fact that digital currency looks poised to play an increasingly important role in the standoff between the two superpowers. China making “very large macros…

Diem team members raise $200M to launch blockchain derived from it
“Since departing Meta (formerly Facebook) we have been able to put our ideas into motion, ditch bureaucratic red tape, and build an entirely new network,” Aptos stated. 292 Total views 26 Total shares Former Meta employees and key players behind the firm’s defunc stablecoin project Diem have raised $200 million to expand a new project…

‘Liquidity’ has most affected Bitcoin’s price in the last year, according to trader Brian Krogsgard
Cointelegraph’s Crypto Trading Secrets podcast welcomed Brian Krogsgard, aka Ledgerstatus on Twitter, for Episode 6. 93 Total views 9 Total shares Own this piece of history Collect this article as an NFTCointelegraph’s Crypto Trading Secrets podcast has published Episode 6, covering an array of content that should pique the interest of cryptocurrency traders. This episode’s…

Banking uses 56 times more energy than Bitcoin: Valuechain report
Fresh figures on Bitcoin’s (BTC) energy consumption, efficiency and scalability serve to expose the banking sector while bathing the world's largest cryptocurrency in a new light. A research report published by Michel Khazzaka, an IT engineer, cryptographer and consultant, calculates that Bitcoin payments are a "million times more efficient" than the legacy financial system. Plus, the Banking…

‘Blockchain Bandit’ Has Stolen 45,000 ETH by Guessing Weak Private Keys, Report Claims
A “blockchain bandit” has managed to amass almost 45,000 ether (ETH) by successfully guessing weak private keys, according to a report released by Independent Security Evaluators on April 23.Adrian Bednarek, a senior security analyst, said he discovered the sophisticated hacker by accident. While guessing a private key is meant to be a statistical improbability, he managed to uncover…