Crypto Startups Are Destroying Millions of Coins – And Investors Love It

Bitcoin stays below the 50-day simple moving average after the defunct exchange Mt. Got delays bankruptcy-related creditor repayments.The delay was expected and priced in.Bitcoin (BTC) struggled to gather upside traction even after defunct crypto exchange Mt. Gox pushed out its pending BTC bankruptcy repayments by a year, delaying the return of extra supply to the

Robert F. Kennedy Jr., the U.S. presidential candidate, spoke at a press conference Thursday at Consensus 2024 in Austin, Texas. Here are some of his comments:"I'm going to talk about issues of broader concern. I want to focus on the economic issues and the health issues. That's what my campaign is about. I'm not going

In this episode, Christine Kim and Will Foxley discuss with Ethereum Foundation researcher Danny Ryan the roll-out of the Ethereum 2.0 development roadmap, starting with the launch of phase 0 and the Beacon Chain. “Not a surprise but a relief.”That’s how Ryan characterized how he felt about the successful activation of the Eth 2.0 network…

The liquidators for Three Arrows Capital (3AC) have sued Terraform Labs for $1.3 billion. They allege TerraForm induced 3AC to purchase Luna and TerraUSD by manipulating the market for these tokens. Defunct cryptocurrency hedge fund Three Arrows Capital's (3AC) liquidators have sued Terraform Labs for $1.3 billion, for losses the fund suffered after the 2022

markets View Alternative cryptocurrencies are flying high while bitcoin is having a breather above $8,000. Notably, ether (ETH) has hit a seven-month high of $235 and looks set to extend gains further toward $256 (Sept. 22 high) in the near-term. XRP, meanwhile, has confirmed a bull breakout. With hourly chart indicators diverging in favor of…

news By the end of this year, GPU miners could have a fresh new way to earn crypto without any opportunity cost. Decentralized video-streaming startup Livepeer debuted its Streamflow testnet on Tuesday, and miners and developers are working with the company to test video transcoding using idle chips already built into graphics processing units (GPUs).…

news The general manager of the Bank for International Settlements (BIS) has again warned that caution is needed when considering central bank digital currencies. In a speech at the Central Bank of Ireland on Friday, Agustin Carstens said that central banks today “are not seeing the value” of venturing into the unknown when it comes to…

Those of us who have been following the evolution of bitcoin for some time now will have lost count of the number of times we’ve been told “but it’s not money!” Critics trot out the textbook definition of the word – a medium of exchange, a unit of account and a store of value –…

A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand.