German gov’t shifts additional 3K BTC in 1 hour
The latest transactions by the German government follow outcries from MPs to stop the sell-off and protect the country from the risks of the traditional financial system.
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Bitcoin Difficulty Set for 13% Drop as Hash Rate Following BTC Price
Bitcoin (BTC) is set for a rare difficulty reduction in the coming days as continued price weakness tests its technical fundamentals.Data from monitoring resource Crypto This’ difficulty estimator showed that at present, next Wednesday will see difficulty fall by almost 13%.Hash rate returns to Christmas levelsDifficulty essentially indicates how much effort is required to solve…

Vitalik Buterin calls out FTX for virtue signaling: ‘deserves what its getting’
While acknowledging the damage caused by FTX, Buterin believes that FTX CEO Sam Bankman-Fried, as a person, deserves love. 1959 Total views 69 Total shares The sudden fall of FTX revealed the need for fresh reforms aimed at protecting investor funds against manipulation and misdirections. The co-founder of Ethereum, Vitalik Buterin, believes what FTX did…

House Financial Services Comm. witnesses air multiple anti-CBDC arguments
A chorus of disapproval rang out from the halls of the United States Congress on Sept. 14 as the House of Representatives Financial Services Committee digital assets subcommittee held a hearing on the “digital dollar dilemma.” Five expert witnesses were scheduled to testify at the hearing, and all of them argued against creating a U.S.

Chinese Bitcoin Investor: CNH Tether Avoids USDT Regulatory Risk
In late August various crypto media reported that Tether planned to issue a Chinese yuan-backed stablecoin. Bitfinex shareholder Zhao Dong told ChainNews that the stablecoin would be called CNHT and be held in offshore accounts. Zhao also said that his peer-to-peer lending platform, RenrenBit, had invested in the project and on Sept. 9 Tether officially…

Experts debate whether NFTs really need blockchain
At the BlockDown 2021 conference, EllioTrades, a crypto YouTuber and co-creator of the Superfarm NFT project, joined a debate about the value of nonfungible tokens, or NFTs, with Edmund Schuster, associate professor of law at the London School of Economics.By definition, NFTs are unique pieces of digital content brought and moved online using blockchain tech,…

Bitcoin stealing malware: Bitter reminder for crypto users to stay vigilant
A Bitcoin user was tricked into sending 0.255 Bitcoin to the wrong address due to malware running on their computer. 570 Total views 5 Total shares An unfortunate Bitcoin (BTC) user was duped out of 0.255 BTC, almost $10,000, due to malware running on their computer. Louis Nel, a tech blogger and crypto enthusiast, flagged the…

Mark Cuban likens shutting off crypto growth to stopping e-commerce in 1995
Bitcoin proponent Mark Cuban is certainly not happy with the tighter rules for crypto businesses introduced in the new infrastructure bill. 609 Total views 7 Total shares Leaders in the crypto industry continue to speak up as the bipartisan $1 trillion infrastructure bill, known for implementing tighter rules on crypto businesses and expanding reporting requirements…

Missed out on hot crypto stocks in 2021? It paid just to buy Bitcoin and Ethereum, data shows
If “crypto,” then a straight buy-up of BTC and ETH fared better than big name stocks this year. 1785 Total views 40 Total shares Bitcoin (BTC) may have fluctuated in price this year, but BTC remains a better play than the biggest crypto stocks.New data currently circulating shows that for all the growth in the…