Deutsche Bank builds L2 blockchain on Ethereum: Bloomberg
Deutsche Bank is building a layer-2 blockchain on Ethereum using ZKsync to enhance compliance in regulated finance.
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‘I Would Buy’ Bitcoin If Growth Continues — Investment Legend Mobius
Bitcoin (BTC) could win over veteran investor Mark Mobius if its current bull run continues, he told Bloomberg on July 7.Speaking in an interview on Bloomberg TV, Mobius, who has previously delivered critical statements on cryptocurrency, now said it was impossible to ignore. “I’m not a buyer, but I realize it’s something we have to account…

Bitnomial sues SEC over claim that XRP is a security
The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it’s a security, Bitnomial said in a lawsuit.

Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars
October witnessed a surge in Bitcoin’s (BTC) hash rate which is pushing the metric to a new high of 245 Exahashes per second. These changes led to a sharp decrease in the hash price, resulting in a drop in the profit margins for BTC miners reaching a low of $66.8 USD/PH (per one quadrillion hashes…

BIS wraps exploration project on retail CBDC payment system
The bank concluded that a ‘hub-and-spoke’ model between CBDC domestic systems could “reduce settlement and counterparty risk" and complete cross-border transactions in seconds. 63 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe Bank for International Settlements, or BIS, has reported it has concluded a project exploring international…

Bitcoin options data shows whales betting big — Will $50K BTC come in January?
Bitcoin (BTC) options open interest reached an unprecedented milestone, surging to a staggering $20.5 billion on Dec. 7. This remarkable achievement signifies the active involvement of institutional investors in the cryptocurrency space. Unlike futures contracts, BTC options come with predetermined expiration prices, offering valuable insights into traders’ expectations and the markets’ sentiment.At the forefront of

Mining PAC launches ad for Ted Cruz as early voting begins in Texas
More than 18 million registered voters in the Lone Star State will decide whether to replace Senator Ted Cruz with Representative Colin Allred starting in 2025.

MetaMask warns of security vulnerability from older versions of popular crypto wallet
"Ultimately, we've learned that our password encryption feature's security was partially undermined by browser behavior," said the team at MetaMask. 585 Total views 5 Total shares On Wednesday, MetaMask said that it uncovered a critical security vulnerability in older versions of its crypto wallet with the help of security researchers at Halborn. The security firm…

Traders eye $71.5K Bitcoin price as open interest jumps 13%
Bitcoin may be gearing up to move above $70,000 now it has reclaimed a critical level that traders have been closely watching for the past two months.