‘Giant buy’ signal? Crypto whales transfer $1.3B to Coinbase

One of the core narratives of Bitcoin (BTC) since inception is the oft-stated goal of separating money and state. While this has certainly been a powerful creed in the currency’s early adoption by the crypto-anarchist and techno-libertarian communities, what does this actually mean? It’s quite simply a call for a neutral form of money.When stripped…

Blockchain bridges allow decentralized finance (DeFi) users to use the same tokens across multiple blockchains. For example, a trader can use USD Coin (USDC) on the Ethereum or Solana blockchains to interact with the decentralized applications (DApps) on those networks.While these protocols may be convenient for DeFi users, they are at risk of exploitation by…

A U.S. federal judge ruled to dismiss a case against crypto firm Bancor, citing lack of personal jurisdiction and the plaintiff’s failure to prove losses. 2782 Total views 16 Total shares A federal district court in the United States has dismissed a securities fraud class action against Israel-based cryptocurrency firm Bancor.U.S. district judge Alvin Hellerstein…

The supply and demand equation determines the price of an asset. In the past few months, the uptick in institutional demand for Bitcoin (BTC) has resulted in a strong bull run. This uptrend may continue until demand exceeds supply.On-chain data shows two withdrawals of more than 12,000 Bitcoin each from Coinbase Pro this week, which…

After the given deadline, Yingjiang County reportedly plans to “forcibly dismantle” the power supply to Bitcoin mining establishments within its jurisdiction. 970 Total views 7 Total shares Regulators from Yingjiang County in Yunnan, China have issued strict warnings to hydroelectric plants against supplying power to enterprises involved in Bitcoin (BTC) mining. A recent report claimed that…

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekVeChain loses $6.6 million in VET tokens to hacker in attack on…

The Organisation for Economic Cooperation and Development (OECD) has stated that global regulators should work together to facilitate the development of initial coin offerings (ICOs), according to a report released Jan. 15.The document calls for regulatory clarity and a supervisory framework for ICOs, defining such moves as “a stepping stone to their safer use for…

AMC shareholders gifted free NFTThe AMC movie theater chain dropped NFTs to all AMC shareholders on Tuesday.As part of the reward, AMC CEO Adam Aron tweeted that the NFT and a WAX wallet in which to hold it will be free to claim for up to a year. Emails detailing how to claim your AMC…

Bond market veteran Nik Bhatia says that with Lightning, Bitcoin (BTC) has become an unprecedented asset by combining a store of value with medium-of-exchange scale and speed.This recognition prompted him to quit his former work for an institutional asset manager trading United States Treasuries on Wall Street, as he outlined in a blog post on…