Coinbase CLO says he’s ‘encouraged’ by Harris campaign reaching out
With 63 days until the US election and early voting starting in September, single-issue crypto voters have a limited window to decide between Kamala Harris and Donald Trump.
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‘I’d Like to See Us Test $5,000’: BitMEX CEO Pragmatic on Bitcoin Price Rise
Arthur Hayes, CEO of crypto trading platform BitMEX, has suggested Bitcoin’s current bull run may give way to a price point of $5,000 before heading to $50,000 in 2018, CNBC reports July 19. Commentators have been scrabbling for explanations since Wednesday, July 17, when Bitcoin’s price jumped from $6700 to $7500 in under an hour.…
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New Bitcoin Wallet-Focused Trojan Uncovered by Security Researchers
A new Remote Access Trojan (RAT) malware that steals Bitcoin (BTC) wallet data has been discovered by security researchers, according to a Sept. 12 report from Zscaler ThreatLabZ. The RAT, dubbed InnfiRAT, is designed to perform a wide range of tasks on the infected machines, including specifically seeking out Bitcoin and Litecoin (LTC) wallet data.A multi-pronged…
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Bitcoin targets $16.7K amid fear BNB may ‘drag whole crypto market down’
Bitcoin (BTC) looked set to ditch $17,000 after the Dec. 16 Wall Street open as United States equities continued to fall.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: $240BNB "has nothing but air below it"Data from Cointelegraph Markets Pro and TradingView tracked new intraday lows of $16,743 for BTC/USD on Bitstamp.The pair had abruptly dived nearly…
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Bank of Korea chief says crypto has no intrinsic value, expects volatility
Bank of Korea Governor Lee Ju-yeol has expressed skepticism over the recent crypto rally, stating that the bank is progressing with a digital currency project. 7230 Total views 16 Total shares Amid a major downward correction in the cryptocurrency market, the head of South Korea’s central bank is skeptical about digital currencies like Bitcoin (BTC).Bank…
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New York State issues guidance for banks seeking to engage in activities with crypto
The state, a notoriously demanding regulator of the industry, has released detailed guidelines for banks’ applications; some licensed banks may have to play catchup. 891 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTThe New York state Department of Financial Services (DFS) released guidance on Dec. 15 for…
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Crypto Council for Innovation GC to testify at US Senate ‘crypto crash’ hearing
Linda Jeng will appear as a witness alongside law professor Yesha Yadav and Duke Financial Economics Center policy director Lee Reiners. 100 Total views 9 Total shares Own this piece of history Collect this article as an NFTUnited States lawmakers with the Senate Banking Committee have announced three witnesses scheduled to appear before a hearing…
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Binance Buyout in India Takes Industry Fearful of Regulation to Hope
In April 2018, the Reserve Bank of India, the country’s central bank, initiated a major crackdown on the trade and purchase of cryptocurrencies such as Bitcoin within its borders. RBI Deputy Governor Bibhu Kanungo declared that all RBI-regulated entities are to “stop having business relationships with entities dealing with virtual currencies forthwith and unwind the…
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Sizeable Portion of Tether’s $4.5B Growth Comes From Exchange Fiat
Tether rose quickly to $9.1 billion in 2020 as supply doubled since March, but some of that is old money being repurposed into USDT. 1644 Total views 16 Total shares Tether (USDT) recently rose through the ranks as it replaced XRP as the third highest ranked asset by market capitalization.It now sits at a total…