Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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New Ripple president says her job is to continue to scale amid crypto winter
Veteran Ripple executive and former general manager Monica Long said the company has seen record growth in recent months despite crypto winter. 140 Total views 1 Total shares Own this piece of history Collect this article as an NFTMonica Long has been named the new president of Ripple, moving up from the general manager position.…
Anomaly on Bitcoin Sidechain Results in Brief Security Lapse
A malfunction in Blockstream’s Liquid bridge for Bitcoin (BTC) resulted in a Blockstream-owned 2-of-3 multisig contract briefly controlling over 870 BTC, worth $8 million.This was discovered on June 26 by James Prestwich, founder of blockchain software development company Summa, which contributed to the tBTC project.According to his findings, the spending script for the transaction was…
Nervos launches Ethereum bridge it says devs can use right out of the box
China’s Nervos has launched a trustless bridge designed to simplify cross-chain transactions between its CKB network and Ethereum. 241 Total views 4 Total shares Chinese public blockchain project Nervos has announced the launch of a cross-chain bridge between it and Ethereum.The launch of Nervos’ Force Bridge was revealed on Dec. 17, with the bridge boasting…
Ant Financial Joins $10 Mln Series A, Partners With ZKP Blockchain Privacy Solutions Firm
Ant Financial, the financial affiliate of Chinese e-commerce giant Alibaba, has participated in a $10 million Series A round for QEDIT, an Israeli blockchain privacy solutions firm that develops zero-knowledge proof (ZKP) technology. The news was reported by Israeli daily business newspaper Calcalist on May 7.The Series A was reportedly led by MizMaa Ventures, and…
UAE’s Largest Real Estate Firm Emaar Denies Reports That It Accepts Crypto: Bloomberg
The United Arab Emirates’ (UAE) largest real estate development firm, Emaar Properties, has officially denied reports that it enabled crypto payments for property, Bloomberg reported on Feb. 20.Known for developing the world’s tallest building, Burj Khalifa — located in Dubai — the firm told Bloomberg that it currently accepts only fiat currencies, such as UAE…
Bitcoin billionaire set to run for California governor
Early Bitcoin investor Chamath Palihapitiya is eying running for governor of California. 635 Total views 9 Total shares Early Bitcoin investor and industry proponent Chamath Palihapitiya has signaled a potential run for the position of California governor.The CEO of venture capital firm Social Capital, Chamath Palihapitiya, appeared to announce his intentions in a Tweet on…
Bitcoin, Altcoin Prices Shun Volatility Amid Multi-Year Trade Volume Lows
Bitcoin (BTC) remained stable Sunday, October 7, capping a week of sideways trading as overall exchange volumes reached their lowest level for thirteen months.Market visualization by Coin360Data from Cointelegraph’s price tracker and Coin360 show BTC/USD hardly moving compared with the same time last week, with daily and weekly movements concluding at around 0.03 percent up…
Bitcoin puzzles traders as BTC price targets $40K despite declining volume
"Something doesn't feel right" about the latest BTC price uptick, a warning tells traders, as Bitcoin open interest passes $17 billion. Bitcoin (BTC) may have tapped $37,000 for the first time in 18 months, but traders are getting suspicious of BTC price action.BTC/USD 1-hour chart. Source: TradingViewBTC price move "doesn't feel right"After snap overnight gains