Is Bitcoin price going to crash again?
Bitcoin price is offsetting Mt. Gox fears with favorable macroeconomic factors, yet some analysts forecast a potential drop below $50,000 in the coming weeks.
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3 reasons why Bitcoin failed to break above $72K
Regulatory uncertainty and volatile macroeconomic events may weaken further upside in the BTC price in the near term.
Tether says it holds zero Chinese commercial paper, denies 85% exposure
Tether reports that its total commercial paper exposure has been cut to $3.7 billion from $30 billion just one year ago. 126 Total views 16 Total shares Major stablecoin issuer Tether has reiterated that the company plans to completely rid itself of commercial paper backing for its U.S.-dollar stablecoin USDT.In a blog post on Wednesday,…
Nexo partners with Three Arrows Capital to launch NFT lending & art financing service
Bored Ape Yacht Club and CryptoPunks NFTs are two of the options supported as collateral for crypto credit lines on the platform. 63 Total views 2 Total shares Nexo, the crypto borrowing and exchange platform, has launched an NFT Lending Desk in partnership with NFT hedge fund Three Arrows Capital. The new lending desk caters…
Canadian Judge Approves $1.6M in EY, Legal Firm Fees in QuadrigaCX Case
The Supreme Court of Nova Scotia, Canada, has approved over $1.6 million in fees for parties seeking funds from former Canadian cryptocurrency exchange QuadrigaCX, according to recently released court documents.Justice Darlene Jamieson ordered to approve the activities, fees and disbursements incurred by the Monitor — Big Four audit firm EY — in the ongoing proceedings…
California DMV putting vehicle titles on a subnet is innovation theater
It would be harder than putting VINs on a private subnet, but how about allowing vehicle owners to get zero-knowledge proof of ownership on a public chain?
Cypherpunk Holdings becomes 9th largest public holder of Bitcoin
Canadian holding company dumped XMR and ETH to fund its acquisition. 296 Total views 1 Total shares Cypherpunk Holdings (CSE:HODL), a privacy-focused Canadian investment company, has upped its stake in Bitcoin (BTC). The company disclosed Thursday that it has added 72.979 BTC to its reserves since June 30, 2020.Cypherpunk funded the acquisition by liquidating its holdings…
Shell-Backed Firm Raises $2.5M for Zero-Knowledge Proof Platform
Applied blockchain, a Shell-backed distributed ledger technology, or DLT, firm, has secured $2.5 million in funding for applications that use zero-knowledge proofs, or ZKPs, in the context of business-to-business transactions.The funding round was led by Hong Kong-based venture capital, QBN Capital, with the funds designated for the development of a platform featuring ZKPs and other…
OpenSea CFO steps down after 11 months in the job
The now-former CFO did not give a specific reason for his resignation but noted he will remain in an advisory capacity with OpenSea. 56 Total views 1 Total shares