California revokes BlockFi’s lending license 2 years after bankruptcy

Synthetix faces fierce competition on the DeFi-oriented layer 2. 

An Ethereum Classic (ETC) development organization is warning the public against a possible scam that is attempting to exploit users the day after the altcoin completed its hard fork.In a tweet posted by the ETC Cooperative on Jan. 13, they ousted an alleged scam calling itself “EAgharta” in resonance with ETC’s bona fide “Agharta” hard…

Whenever Bitcoin (BTC) fails to break through important resistance levels, traders gain confidence and add to their altcoin positions. The logic is that, unless BTC drops significatively, these movements historically provide decent rewards for those shifting their portfolios toward higher risk.Bitcoin/USD at FTX. Source: TradingViewIn the past seven days, the aggregate market capitalization performance of…

Once launched, Indonesia’s national crypto exchange will be the only platform allowing crypto transactions, the local regulator said. 200 Total views 6 Total shares The government of Indonesia is moving forward with its plans to launch a national cryptocurrency exchange, and expects to debut the platform in the coming weeks.Indonesia’s Commodity Futures Trading Supervisory Agency…

Bitcoin (BTC) is back below $28,000 as the countdown to the monthly close keeps everyone on their toes.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView200-week trend line among popular BTC price targetsData from Cointelegraph Markets Pro and TradingView shows BTC/USD dropping to two-day lows of $27,533 on March 31.A modest bounce means that the pair is…

Within 24 hours of the job posting, 45 applicants have shown interest in joining the federal government to build an in-house CBDC. 9149 Total views 91 Total shares Own this piece of history Collect this article as an NFTThe Federal Reserve Bank of San Francisco is looking for a software engineer to help develop and…

Japanese internet giant GMO Internet Group is quitting the Bitcoin mining hardware sector, Cointelegraph Japan reported Dec. 25 referencing a public document.Citing “extraordinary loss” in Q4 this year, GMO, which began its foray into Bitcoin mining in 2017, said that it will “no longer develop, manufacture and sell” miners.“After taking into consideration changes in the…

Tether’s (USDT) stablecoin has been the leading base pair for cryptocurrencies for over eighteen months. This is a rather impressive feat given the ongoing court case with the New York Attorney General and the other frequent rumors that USDT is not sufficiently backed or subject to regulators' reach. USDT has also been the dominant stablecoin in China…

Nonfungible token platforms incorporating Web3 and the metaverse continue to attract sizable investments from venture capital firms. 502 Total views 7 Total shares Nonfungible token (NFT) startup Genies has secured $150 million in Series C funding at a valuation of $1 billion, making it the latest crypto-focused platform to attain “unicorn” status. The funding round was…