EigenLayer TVL hits $12.9B, climbs 11% in one week: ITB

The primary financial regulator of the United Kingdom, the Financial Conduct Authority (FCA), reports that crypto investors in the country lost over $34 million due to cryptocurrency and forex scams from 2018–2019 the Financial Times reports on May 20.According to the data, which the FCA gathered from the U.K. national fraud and cybercrime reporting center,…

Japan’s Mitsubishi UFJ Financial Group (MUFG) has officially announced it will launch a new blockchain-based payment system, according to a press release published on Feb. 12.The world’s fifth-largest bank is working on the project in partnership with United States content delivery network Akamai, with the aim to launch in H1 2020.Dubbed the “Global Open Network,”…

An investor raised a major criticism about the way in which the Grayscale Bitcoin Trust is set up. 910 Total views 22 Total shares Qiao Wang — Investor, analyst and head of product at crypto market data firm Messari — raised major criticism about the way in which the Grayscale Bitcoin Trust, or GBTC, is…

Chip-making giant Nvidia’s (NVDA) stock is flashing a major bearish signal — the last time this pattern appeared, it retraced nearly 50%. This may raise questions for the AI crypto sector, which has, at times, seemed to react to Nvidia’s price. “NVDA just formed a Death Cross for the first time since April 2022. The

Bitcoin (BTC) stayed steady near $17,000 at the Dec. 12 Wall Street open as news involving Binance failed to spark BTC price downside.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFactors line up to "scare" Bitcoin tradeData from Cointelegraph Markets Pro and TradingView showed BTC/USD avoiding fresh volatility as United States markets opened.Having traded sideways throughout the…

Bitcoin (BTC) returned above $26,000 on June 13 as analysts eyed resistance overhead. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBitcoin price inches between trend linesData from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to reclaim $26,000 support after the daily close.The pair had seen a curiously uneventful start to the week despite ongoing fallout…

Decentralized finance (DeFi) protocols have gained significant traction in the cryptocurrency sector, with a total value locked surpassing $271 billion, based on data from DefiLlama. One exceptionally popular category of DeFi services is that of decentralized borrowing and lending, where users can pledge their crypto as collateral and take out stablecoin loans (or vice versa)…

Bitcoin price has continued its rapid growth and on June 26 it hit $12,000 for the first time in over a year, according to Coin360.Market visualization courtesy of Coin360Bitcoin (BTC) breached the $12,000 level early this morning after mostly trading horizontally in the $13,000-$4,000 range for the first months of the year. Press time bitcoin is…

The purported investment fund is exhibiting some shady behavior. 2389 Total views 16 Total shares Last week Cointelegraph published a story about investors having difficulty getting their money back from a crypto fund called AMFEIX, which promised high-yield profits for investors who sent them Bitcoin (BTC). Our story described more than 500 pending withdrawals from…