Crypto mobile wallets hit 36M record high amid growing retail adoption
Increasingly more passive crypto holders are turning into active users and interacting with blockchain-based protocols.
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BIS head says physical cash still important, even if CBDCs take over
BIS Innovation Hub head Benoît Cœuré stressed the importance of maintaining multiple payment options beyond just CBDCs. 1302 Total views 17 Total shares As numerous countries across the board navigate their feelings on central bank digital currencies, or CBDCs, Benoît Cœuré, of the Bank for International Settlements thinks physical cash will retain its importance. Heading…
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With crypto mining banned in Iran, local authorities seize 7K rigs
The police chief of Tehran said authorities had raided 50 locations across the Iranian capital in the last 48 hours, discovering 3,000 illegally operating crypto miners. Iranian provincial police are continuing their crackdown on crypto miners big and small, with news surfacing that they have confiscated more than 7,000 rigs at a farm operating in…
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ETHDenver 2023: Cointelegraph afterparty delivers a ‘packed house’ and other notable events
Cointelegraph’s Turner Wright and Rudy Takala discussed the recent events at ETHDenver on the podcast. 98 Total views 2 Total shares Own this piece of history Collect this article as an NFTIn this episode of Decentralize with Cointelegraph, United States policy reporter Turner Wright and opinion editor Rudy Takala speak to listeners about their experiences…
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Bitcoin price broke to the upside, but where are all the leveraged long traders?
This week's Bitcoin (BTC) chart leaves little doubt that the symmetrical triangle pattern is breaking to the upside after constricting the price for nearly 20 days. However, derivatives metrics tell a completely different story because professional traders are unwilling to add leveraged positions and are overcharging for downside protection.BTC-USD 12-hour price at Kraken. Source: TradingViewWill…
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Bitcoin gains $1.5K in under an hour as BTC price erases days of downtrend
Bitcoin rises above $48,500 in a show of strength as over $6 billion of options expires. 2079 Total views 10 Total shares Bitcoin (BTC) put in an early end-of-year flourish on Dec. 31 as an upward boost saw BTC/USD retake $48,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOptions expiry fadesData from Cointelegraph Markets Pro and TradingView showed…
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Aave Chan founder proposes buying $2M CRV from Curve founder
The proposal drew mixed reactions from the community where some criticized the strategy for buying more CRV even as others are looking to shed exposure. 251 Total views 1 Total shares Amid growing uncertainty around Curve exposure for many decentralized finance protocols, Aave Chan founder Marc Zeller has proposed that Aave Treasury buy $2 million…
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House lawmakers propose studies on AI in financial services, housing
AI is already impacting mortgage lending and how credit scoring is calculated, US Representative Maxine Waters said as she introduced a new bill in Congress.
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Former FTX chief lawyer claims US legal counsel channeled business to S&C
The former chief regulatory officer of FTX has supported a motion that would stop FTX from using Sullivan & Cromwell LLC as its lead bankruptcy counsel. 220 Total views 4 Total shares Own this piece of history Collect this article as an NFTA former FTX chief lawyer has accused the company's US general counsel of…