'Definition of a leverage driven pump' — 5 Things to know in Bitcoin this week

Jack Dorsey’s Square made more than 90% more gross profit than the same period last year, with $546 million coming from Cash App’s Bitcoin services. 586 Total views 103 Total shares Jack Dorsey’s Square has reported a 200% increase in Bitcoin revenue for the second quarter year-on-year (YoY).The company announced the impressive earnings figures in…

Alternet Systems Inc (ALYI), an energy storage, military application, and electric motorcycle firm, has entered into a new partnership to launch a cryptocurrency dedicated to funding electric vehicle projects in Sub-Saharan Africa, according to a March 11 announcement.While Alternet did not name the company it has partnered with, Alternet Systems revealed that the cryptocurrency has…

Bitcoin's supply crunch could be having a dramatic impact on price, according to Pantera Capital. 588 Total views 7 Total shares PayPal’s entry into the cryptocurrency market could be having a dramatic impact on the Bitcoin (BTC) price. In a newly published report, crypto investment firm Pantera Capital says a Bitcoin shortage is at the heart…

His doom and gloom comments continue to roll in for global currencies. 1554 Total views 17 Total shares Using the analogy of a Hi/Lo poker game — a variety of poker which crowns the highest and lowest hands as victors — broadcaster Max Keiser explained citizens will ultimately lose when it comes to holding government-issued…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.A new study by digital asset management fund Grayscale Investments shows…

The vulnerability dubbed “HamsterWheel” traps nodes in an endless loop similar to hamsters jogging on a wheel. 448 Total views 1 Total shares Blockchain security firm CertiK has received a bounty of $500,000 from the Sui network after flagging a threat that had the potential to disrupt Sui's entire layer-1 blockchain.In an announcement sent to…

A token sale for Standard Tokenization Protocol (STP) raised $750,000 and sold out within eight seconds, a news release claimed on June 11.The project says it offers an open-source, decentralized standard for the tokenization and issuance of any asset.Following the initial exchange offering (IEO), which was held on Bittrex, STP founder Mike Chen said:“We are excited…

It seems Meltem Demirors does a little bit of everything.The crypto journeywoman has served as vice president of Digital Currency Group, a member of the World Economic Forum’s Blockchain Council, an advisor to MIT Media Lab, and a lecturer at the University of Oxford’s business school. She even co-hosts a well-subscribed podcast with her friend…

United States crypto-focused law firm Silver Miller has filed a lawsuit against a purported crypto hedge fund manager who was allegedly operating a fraudulent Ponzi scheme. The court documents were published to the Silver Miller website Dec. 26.The case — which has been filed at the Court of the Southern District of New York on…