Consensys urges clear crypto rules in letter to future US president
The open letter emphasized how clear regulatory frameworks can ensure the US remains competitive while safeguarding consumers and addressing illicit activity.
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Bullish pennant hints at Bitcoin price breakout to $11,300
Bitcoin price is consolidating into a tighter range as traders appear ready to test the $10.5K resistance. Bitcoin (BTC) price appears to have entered the weekend on the good foot after a relatively uneventful Friday saw the price continue to fluctuate between $10,200-$10,400. Cryptocurrency daily market performance snapshot. Source: Coin360At the time of writing the daily…
The market is hot, but Solana is not — Data explains why SOL price is lagging
Solana (SOL) has been in a steady downtrend for the past 3 months, but some traders believe that it may have bottomed at $26.80 on Oct. 21. Lately, there's been a lot of speculation on the causes for the underperformance and some analysts are pointing to competition from Aptos Network.Solana price at FTX, USD. Source:…
Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express
Signature Bank regulator says it was closed for not providing data: Report
A member of the bank’s board had previously claimed the agency wanted to send a message against crypto. Own this piece of history Collect this article as an NFTThe New York Department of Financial Services (NYDFS) shut down Signature Bank for “failing to provide consistent and reliable data” and not because of a bias against…
SafeMoon falls 31% in five hours after filing for Chapter 7 bankruptcy
The token of decentralized finance protocol SafeMoon (SFM) has fallen 31% in five hours after the company filed for bankruptcy.Safemoon officially applied for Chapter 7 bankruptcy, also known as “liquidation bankruptcy," in a Dec. 14 filing to the United States Bankruptcy Court in the District of Utah. The voluntary petition was filed by attorney Mark Rose
Estonian regulator wants to revoke all crypto exchange licenses
About 400 crypto businesses in Estonia still hold licenses after the state revoked nearly 2,000 licenses last year. 883 Total views 4 Total shares Financial regulators in the Baltic country of Estonia want to revoke all crypto exchange licenses in an effort to start the entire regulatory regime anew.Matis Mäeker, head of the Estonian Financial…
Coinbase Wallet extends support to Ledger hardware wallet
As a part of the launch, Coinbase has partnered with Ledger to release a limited-edition Coinbase-branded Nano X hardware wallet. 518 Total views 7 Total shares Coinbase Wallet, an in-house wallet service offered by prominent crypto exchange Coinbase, has rolled out browser extension support for Ledger hardware wallets.The Coinbase Wallet extension, available in the Chrome…
Ethereum 2.0 staking is coming to Coinbase
The U.S. exchange plans to roll out support in early 2021. U.S. digital currency exchange Coinbase has outlined plans for supporting Ethereum (ETH) 2.0 staking rewards — possibly setting the stage for even wider adoption of the smart contract platform. In an official blog post, Coinbase said it plans to roll out Eth2 staking, trading, and…