ICO Platform Promises Full Refund Following $7 Million Hack
Initial coin offering support platform KickICO lost $7.7 million in KICK tokens in a hack on Thursday, the company reported.
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Telegram to Build a Decentralized Crypto Exchange to Prevent Another FTX Crash, Says CEO
Pavel Durov – Founder and CEO of the messaging application Telegram – thinks the FTX crash occurred because the blockchain industry has recently deviated from its decentralized nature. He argued that a few individuals abused their power, leading to the spectacular collapse. The Russian-born entrepreneur said Telegram’s next goal is to create non-custodial wallets and…
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Crypto Price Analysis & Overview September 11th: Bitcoin, Ethereum, Ripple, Cardano, and Chainlink
Bitcoin Bitcoin moved sideways this week as a consolidation pattern appeared in the form of a symmetrical triangle. This triangle is best seen on the hourly charts and is highlighted by the white boundaries. The cryptocurrency dropped by a steep 15% in September from $12,000 to the current $10,260 level. The $10,000 level provided strong…
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Bitcoin Jumps Over $64K on China Stimulus; IBIT Options Could Provide Longer-Term Boost
Bitcoin climbed above $64,000 in early U.S. trading hours ahead of a number of Fed speakers, including Chairman Jerome Powell, and after China's Politburo reportedly pledged continuing support to that country's economy and markets. Bitcoin could see increased interest from retail and institutional investors following the approval of options trading on Blackrock's IBIT. Bitcoin (BTC)
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Market Watch: The Graph Explodes 33%, Lido (LDO) Soars 16%
Bitcoin slipped toward $22,500 once again in the past 24 hours but managed to bounce off and is once again situated around $23,000. Most altcoins are calmer today, aside from several mid caps, including LDO and GRT, both of which have skyrocketed by double digits. GRT, LDO Soar Lido DAO’s native cryptocurrency went on a…
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Bitcoin Dropped Below $30K for the First Time Since June: Crypto Markets Lost Another $100B (Market Watch)
In yet another day of bears in charge, the price of bitcoin fell beneath $30,000 for the first time in roughly a month. The alternative coins are buried in red as well, with numerous double-digit drops resulting in nearly $100 billion evaporated from the crypto market cap. Bitcoin Plummets Beneath $30K It’s safe to say…
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Fed Chair Says A US CBDC And Stablecoins Could Coexist
Jerome Powell – chairman of the Federal Reserve – appears to have reversed one of his previous positions on the relationship between CBDCs and stablecoins. Testifying in front of the US congress, he suggested that both could co-exist, without the former replacing the latter. Allowing Stablecoins and CBDCs. Powell discussed the possibility of a Federal…
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FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+
Dec 31, 2020 at 9:52 p.m. UTCUpdated Dec 31, 2020 at 10:03 p.m. UTCFinCEN director Kenneth Blanco (U.S. Customs and Border Protection)FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+The Financial Crimes Enforcement Network (FinCEN), the U.S. Treasury Department wing tasked with monitoring potential legal violations of domestic financial laws, wants Americans to…
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Pantera Raises $134M for Its Bitcoin Fund
Nov 21, 2020 at 11:10 p.m. UTCPantera Capital CEO Dan Morehead (Credit: CoinDesk archives)Pantera Raises $134M for Its Bitcoin FundCryptocurrency firm Pantera Capital has raised $134 million for its bitcoin fund, according to a form D filing with the U.S. Securities and Exchange Commission.Formed in 2013, the Pantera Bitcoin Fund Ltd. was the first U.S.-based…