Fantom unveils Sonic Foundation for new Sonic Chain
The CEO of the Fantom Foundation has unveiled the Sonic Foundation, which will oversee the creation and launch of Fantom’s new Sonic Chain.
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US bank bloodbath: Bitcoin hits $23.7K as BTC price analyst call SVB dip ‘bear trap’
Bitcoin (BTC) hit its highest since the start of the month on March 13 as U.S. bank stocks saw the largest mass halt in history.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBTC price sees “phenomenal” reboundData from Cointelegraph Markets Pro and TradingView tracked a thoroughly bullish hourly candle for BTC/USD, which reached $23,725 on Bitstamp.The move was…
Bitcoin SV Genesis Upgrade Results in Chain Split
Bitcoin SV (BSV) performed a scheduled upgrade named Genesis on Feb. 3. As most nodes have not yet updated, this resulted in a minor chain split where two versions of BSV exist.As reported by BitMEX Research, the upgrade occurred at block height 620,538, or about 8:30 PM EST. The subsequent block was considered invalid by…
Crypto hacks top $1.4B, MetaMask streamlines Web3 onboarding: Finance Redefined
Centralized exchanges are becoming the new ground zero for hackers, as shown by a 900% increase in losses year-over-year.
Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s
The credit rating agency believes El Salvador’s Bitcoin experiment has elevated the country’s risk profile and could limit its access to foreign debt markets. 980 Total views 16 Total shares El Salvador’s historic embrace of Bitcoin (BTC) could have negative consequences on the country’s sovereign credit outlook, according to Moody’s Investors Service. Moody’s analyst Jaime Reusche…
Tether nets record $4.52 billion profit in Q1 2024 — majority from Bitcoin and gold
The majority, or $3.52 billion of the profit, stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits.
Crypto advocates file brief against SEC's investor tracking database
The Consolidated Audit Trail would gather a monumental amount of data, and more than it is meant to when it exposes the identity of crypto wallet holders.
US SEC Sets November 5 Deadline for Reviewing Nine Bitcoin ETF Applications
The U.S. Securities and Exchange Commission (SEC) has outlined a time frame for reviewing proposed rule changes related to a series of applications to list and trade various Bitcoin (BTC) exchange-traded funds (ETFs).The review period affects nine separate ETFs that have been proposed by three different applicants, according to documents filed by the SEC yesterday,…
Volvo’s parent company establishes blockchain joint venture headquarters in Wuxi, China
Geely Holding sold over 2.2 million vehicles in 2021, including 698,693 Volvo cars. 469 Total views 55 Total shares On Tuesday, privacy blockchain Concordium and Geely Holding, a Chinese multinational automotive car company that owns brands such as Volvo, announced the creation of a joint blockchain venture with headquarters in Wuxi, China. The project aims…