Lemniscap secures $70M to back early-stage Web3 startups
The new fund will back startups working on blockchain-based solutions, including zero-knowledge infrastructure and emerging Bitcoin ecosystems.
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Is Standard Chartered setting up a Bitcoin, Ether trading desk?
A Standard Chartered representative told Cointelegraph that the firm has been working with regulators to support institutional clients’ demand for trading BTC and ETH.
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Unibot contract $560K exploit crashes token price by more than 40%
Amid ongoing investigations from Unibot and blockchain investigators, Scopescan advised users to revoke the approvals for the exploited contract and move the funds to a new wallet. 37 Total views 2 Total shares A new contract deployed on Oct. 29 by Unibot, a popular Telegram bot used to snipe trades on the decentralized exchange Uniswap
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What’s Driving Up Bitcoin Price? Central Banks, Says FT Reporter
The Financial Times' chief correspondent for international finance has argued that central banks can ironically be credited for igniting Bitcoin’s price.In a column for Nikkei Asian Review on Aug. 21, Henry Sender said that banks’ dovish policies are spurring an increasing recognition of cryptocurrencies as safe-haven assets. Hedging big macro risks with BitcoinAnalysts anticipate more dovish…
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US crypto exchange Coinbase eyes India comeback
Coinbase is in talks with Indian regulators to reenter the market after its 2023 exit as the FIU eases its stance on offshore crypto exchanges.
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Cardano Foundation CEO says blockchain could prevent GME-type showdowns
Frederik Gregaard, CEO of the Cardano Foundation, believes that a blockchain infrastructure for capital markets would make controversial top-down interventions unnecessary. 1257 Total views 13 Total shares The recent GameStop saga — a financial spectacle that was a good deal more contradictory than a straight-up "David vs. Goliath" tale of Redditor retail investors vs. predatory hedge…
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Hong Kong Bitcoin ETFs top $250M AUM
For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors.
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BitBoy Crypto sues fellow YouTuber Atozy for defamation over shilling claims
Two prominent YouTube content creators are set to lock horns in a legal battle over a cryptocurrency video allegedly promoting a project that ended up being a scam.Bitboy Crypto, a YouTube channel founded by Ben Armstrong, produces a variety of content focused on cryptocurrency news, projects and tokens and trading advice. The channel has been…
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Bitcoin price short-term pullback is very possible for 4 key reasons
The price of Bitcoin (BTC) is now stagnating below $19,000 after four failed attempts to break out of the $19,600 resistance level. In the near term, four factors suggest that a pullback is more likely than a clean breach of the all-time-high price near $20,000. Traders and technical analysts are mostly cautious regarding the near-term…