Institutions not so interested in Bitcoin at $58K, metric shows

The authorities claimed the exchanges allowed cybercriminals to flout anti-money laundering measures. 489 Total views 4 Total shares Own this piece of history Collect this article as an NFTNine digital currency exchanges allegedly aiding and abetting cybercriminals had their domains seized by the United States Federal Bureau of Investigation (FBI) and Ukrainian law enforcement.According to…

Chinese regulator State Administration of Foreign Exchange (SAFE) expanded its blockchain cross-border financing pilot program. Local news outlet GlobalTimes reported on Nov. 11 that the system now covers 19 provinces and cities, up from nine.The development is unsurprising given that at the end of October SAFE deputy head Lu Lei said that there are plans…

Bitcoin (BTC) price faced fresh bearish sentiment Aug. 21 after a rejection of $11,000 sent markets tumbling hundreds of dollars in minutes.Market visualization. Source: Coin360$9K Levels on horizon for Bitcoin priceData from Coin360 shows BTC/USD topping out at just under $10,900 before reversing. Hours later, a sudden loss of support saw the pair dip to…

Although it seemed crypto hacks were on the decline, just recently, the market bore witness to one of the largest-ever attacks in the young history of decentralized finance (DeFi), wherein an unknown hacker was able to exploit a loophole in cross-chain protocol Poly Network’s digital framework, thereby walking away with a cool $610 million from…

Over the past week, Cointelegraph has participated in Virtual Blockchain Week — a pandemic-proof crypto conference that invited participants from all over the world to join talks with some of Blockchain’s greatest luminaries.At the start of the week, famed venture capitalist, Tim Draper, doubled down on his prediction that Bitcoin (BTC) will reach $250K per…

Potential guidelines reportedly won’t have a binding force over banks, which can rely on their own risk assessment. 1031 Total views 10 Total shares Own this piece of history Collect this article as an NFTSingapore regulators are working with traditional banks to develop uniform standards for screening potential customers from the crypto industry. The collaboration…

The new leader of the world’s sixth-largest economy is the former chancellor of the exchequer and is said to be richer than King Charles; he is also a firm crypto supporter. 141 Total views 2 Total shares Rishi Sunak is set to become prime minister of the United Kingdom within days. Sunak was defeated for…

The University of Tokyo, Japanese car manufacturer Toyota Motor Corporation and Japanese online renewable energy retailer Trende Inc. plan to jointly conduct tests for a blockchain-powered electricity system. The news was revealed in an official Toyota press release on May 23.The pilot, scheduled for June 17, will reportedly test a peer-to-peer electricity system that allows…

High-profile NFT sales have dominated the headlines, but the deeper analysis shows that most NFTs are worthless and that the market is highly illiquid. 3607 Total views 4 Total shares Nonfungible tokens (NFTs) dominated crypto and mainstream media headlines all throughout 2021 as investors who held CryptoPunks and other projects minted prior to 2018 were…