HSBC Australia to block all payments to crypto exchanges, citing scams
At least six big Australian banks have taken such action now — a trend one industry executive says is stripping Aussies of their “financial rights” to participate in the digital economy.
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Bitcoin traders ‘under pressure’ after deepest correction since 2022 erases profits
83% of short-term Bitcoin traders saw losses after BTC price recorded its deepest drawdown since 2022.
AAVE price hits 3-week high as ‘Aave Pro’ debuts for institutional lending
Aave hovered near its three-week high on Tuesday, helped by the prospects of its foray into the mainstream through the launch of an institutional lending platform.FundamentalsDubbed as Aave Pro, the platform expects to become a "permissioned liquidity protocol" by offering institutions, corporates, and fintech clients access to decentralized finance (DeFi). That said, it would follow strict…
The Future of Crypto Mining is All About Computing Power, Says RRMine Global CEO
Crypto mining’s future will become more tech oriented, says CEO of RRMine global. RRMine Global CEO, Steve Tsou, said at a Cointelegraph China Great Bay Area International Blockchain Week pre-event interview on July 29 that the future of crypto mining will transit from labor-intensive companies to technology-intensive and capital-intensive companies. It will be all about…
Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs
Bitcoin (BTC) fell to bearish target zones on Feb. 10 as bulls failed to hold important support above $22,000.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewCrypto wipeout mounts as BTC price loses $22,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $21,633 on Bitstamp.The pair reacted badly to regulatory fears from the United States…
Bitcoin Black Friday Shuts Forever as Founder Says ‘Mission’ Complete
The creator of one of the best-known Bitcoin (BTC) events has confirmed it will no longer take place as it has fulfilled its “initial mission.”In a statement on the official website of Bitcoin Black Friday, Jon Holmquist said that he had “fallen out of love” with the idea of using BTC for consumer payments. Holmquist: Bitcoin…
Data Breach at Crypto Wallet Firm Ledger Exposes User’s Personal Info
Hardware wallet provider Ledger said its marketing database was breached between June and July. 2097 Total views 19 Total shares Major cryptocurrency hardware wallet provider Ledger has alerted customers to a data breach it faced in June and July.In an email on July 29, the company said it was made aware of the breach on…
Bitcoin tracks $39K ahead of Europe vote on proof-of-work legality
Bitcoin (BTC) stayed steady at $39,000 into March 14's Wall Street close as stocks took the opportunity to reclaim some losses.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBulls need "miracle" $40,600 reclaimData from Cointelegraph Markets Pro and TradingView showed BTC/USD unmoved at the opening bell on March 14.The pair had rebounded from a last-minute comedown into March…