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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Crypto Exchange Poloniex Removes Margin and Lending Products for US Users
U.S.-based cryptocurrency exchange platform Poloniex will remove margin and lending products for its customers in the U.S and delist three digital assets, according to an announcement published October 3.Poloniex is a cryptocurrency trading platform founded in 2014 and designed as a digital-currency-to-digital-currency exchange. In 2018, Poloniex was acquired by Dublin-based payments technology firm Circle for…
Crypto anti-terrorism bill introduced in the US House of Representatives
A bipartisan group of representatives has introduced a bill to the House that seeks to create a task force focused on combating terrorist financing via cryptocurrencies. 2711 Total views 53 Total shares U.S. Representative Ted Budd (R-NC) has sponsored a new piece of legislation aimed at creating an agency tasked with combating the use of…
Coinbase continues to fight for access to Gensler’s private emails
In a recent letter to a district court judge, Coinbase argued that the SEC Chair’s private communications are an “appropriate source of discovery” crucial to mounting a reasonable defense.
How to use a Bitcoin ATM
Things required to use a Bitcoin ATMThere are a few things you’ll need to prepare before you can get started on using a Bitcoin ATM:A crypto walletThe first thing you'll need before using a Bitcoin ATM is a crypto wallet. More specifically, you'll need a Bitcoin wallet. A crypto wallet is an app or a…
Why didn’t crypto walk the walk at ETHDenver?
Last week’s ETHDenver conference highlighted a disturbing trend in the crypto industry. While not unique to blockchain, the trend of not using the products our industry creates is something that the crypto community needs to grapple with. In more mature industries, this “dogfooding” is enforced. Microsoft employees must use Outlook, Word and so on. But…
US Bitcoin mining giant Core Scientific set for Nasdaq listing via $4.3B SPAC deal
The Bitcoin miner will merge with Power & Digital Infrastructure Acquisition Corp in the latest crypto SPAC deal. 491 Total views 4 Total shares Core Scientific, one of the largest Bitcoin (BTC) mining operations in North America is set for a public listing on Nasdaq.According to CNBC on Wednesday, Core has inked a $4.3 billion…
Protect and serve? The dilemma of reissuing lost or frozen DeFi tokens
The recent KuCoin exchange hack and ongoing OKEx incident, during which withdrawals have been frozen, have raised questions as to how blockchain projects with coins traded on exchanges should act when said exchanges are hacked or funds are stuck.When it comes to projects such as Tron, which replaced tokens that were held by OKEx, such…
Stablecoin reserves on crypto exchanges hit new historic high of $10B
Cryptocurrency exchanges continue accumulating massive amounts of stablecoins like Tether and USDC Coin. 1569 Total views 11 Total shares Stablecoins like Tether (USDT) and USD Coin (USDC) have hit another milestone in terms of accumulation by exchanges.According to market data provider CryptoQuant, stablecoin holdings on global crypto exchanges soared to a new all-time high on…