Ledger key recovery service paused amid backlash, will open-source code
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Seized crypto safe with US Marshals Service? Not so much, new audit reveals
OIG’s audit disclosed the lack of documented policies and practices related to the management of seized crypto assets — especially related to the use of inventory spreadsheets. 125 Total views 2 Total shares The Office of the Inspector General (OIG) for the United States Department of Justice conducted an extensive audit of the cryptocurrencies seized…
Harsh Stablecoin Recommendations From G-20 Are a Step in the Right Direction, but Regulators Need More Education
According to a study released by the G-20’s Financial Stability Board on April 14, stablecoins pose a pertinent risk to the financial stability of the global economy and therefore need to be regulated in a manner that is not only meticulous but also future ready. Additionally, as per data released by the FSB, members of the…
IOTA Urges Trinity Wallet Users to Use Seed Migration Tool
Responsible for one of the top performing cryptocurrencies, IOTA is continuing to release new information in response to a Feb.12 hack on its official wallet. According to a Feb. 19 status update, the IOTA Foundation strongly recommends users of the Trinity Wallet to immediately change their passwords and use the seed migration tool to protect their…
Bitcoin miner ‘capitulation event’ may have already happened — research
Bitcoin (BTC) miners may have already sparked a “capitulation event,” fresh analysis has concluded.In an update on June 24, Julio Moreno, senior analyst at on-chain data firm CryptoQuant, hinted the BTC price bottom could now be due.BTC price bottom "typically" follows miner capitulationMiners have seen a dramatic change in circumstances since March 2020, going from…
Number of Blockchain Companies in Israel Grew by Over 30% in 2019
In Israel, the number of blockchain and crypto-related companies increased by 32% in 2019, according to a report from the Israeli Bitcoin Association published on Dec. 30.The report revealed that there were 150 active companies in the field in 2019, while at the end of 2018, the number was 113. Out of the 113 companies,…
Bitcoin Depot’s crypto ATMs surpass 5,000 as adoption grows
Bitcoin ATMs are becoming increasingly ubiquitous, especially in North America, offering compelling evidence of growing adoption. 126 Total views 2 Total shares Bitcoin Depot’s cryptocurrency ATM network continues to expand, with North American installations surpassing 5,000 for the first time amid a surge in retail adoption. With the milestone, Bitcoin Depot is once again the largest…
Bitcoin futures open interest jumps by $1B: Manipulation or hedge?
Bitcoin's (BTC) open interest on derivatives exchanges experienced a sudden surge of $1 billion on Sep. 18, prompting investors to question whether whales were accumulating in anticipation of the unsealing of Binance's court filings. However, a closer look at derivatives metrics suggests a more nuanced picture, as the funding rate did not exhibit clear signs
How to Capitalize on Bitcoin’s Halving Volatility Using BTC Options
Many investors believe a significant price swing is about to happen, as the next Bitcoin (BTC) halving is now less than 15 days away. Despite its demonstrated and incredibly long term potential, no one knows for sure how exactly Bitcoin’s price will respond during and after the third halving. Fortunately, this time, the market has matured…