Ledger CEO says ‘sharded’ wallet keys could be shared if subpoenaed
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Core Scientific to transfer $20M of equipment to settle bankruptcy dispute
Millions of dollars worth of electrical equipment will be transferred to the crypto miners' exclusive energy negotiator to settle a payments dispute. 569 Total views 6 Total shares Own this piece of history Collect this article as an NFTA $20 million settlement between Bitcoin (BTC) miner Core Scientific and its energy negotiator Priority Power Management…
Friends and FOMO pushed newbie investors to buy crypto in 2022 — Survey
A survey from the Financial Industry Regulatory Authority (FINRA) suggests that new crypto investors tended to be swayed by suggestions from friends, compared to equities or bond investors. 139 Total views 2 Total shares Own this piece of history Collect this article as an NFTInfluence from friends and the fear of missing out (FOMO) were…
Bitcoin hodling rate reaches 9-month high, boosting hopes of ‘bull flag’ rally to $70K
A yearlong price rally in the Bitcoin (BTC) market and hopes for more upside moves in the future has prompted traders to hold the token instead of trading it for other assets, Glassnode data shows.The blockchain data analytics service revealed Thursday that the total amount of "hodled or lost coins" reached a nine-month high of over…
DeFi protocol Porter Finance shuts down bond issuance platform after just one month
The firm cited better interest rates from traditional finance loans and regulatory risks in mulling the bond platform. 127 Total views 25 Total shares Porter Finance, a decentralized finance, or DeFi, protocol based on the Ethereum (ETH) blockchain, announced Tuesday that it was shutting down its bond issuance platform. In explaining the discussion, Porter Finance…
‘Cryptojacking’ rises 30% to record highs despite crypto slump: Report
Cryptojacking has become a lucrative choice for cybercriminals as many victims are unaware they have been compromised. 342 Total views 44 Total shares New research shows that despite falling digital asset prices, cryptojacking has reached record levels in the first half of 2022.According to a mid-year update on cyber threats by American cybersecurity company SonicWall,…
Bitcoin set to replace gold, says Bloomberg strategist on Bretton Woods 50th anniversary
Bitcoin (BTC) is replacing gold even as United States’ regulators attempt to disrupt its advance, said Mike McGlone of Bloomberg Intelligence on Aug. 16.The senior commodity market strategist credited the "digitization of money and finance" behind the Bitcoin market's superior growth against gold, noting that the same factors helped the U.S. dollar gain dominance "rapidly…
Moody’s downgrades Coinbase citing ‘uncertain magnitude’ of SEC charges
Meanwhile, financial services firm Berenberg Capital told Cointelegraph that it viewed Coinbase shares as "uninvestable" in the near term. 322 Total views 1 Total shares Credit ratings agency Moody's has downgraded its rating of Coinbase from “stable” to “negative” following the SEC’s legal action against the crypto exchange for allegedly operating as an unregistered securities…
Bitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K
Analysts say the entire crypto market is in for a very long consolidation and accumulation period following BTC’s current drop to 2017 highs. 157 Total views 3 Total shares Crypto traders had a brief opportunity to pause and take stock of where things are on June 16 as the relentless selling that has hammered Bitcoin…