Long-term Bitcoin holder buys hit $10B mark as price slips below $60K

Bitcoin (BTC) has been trying to break out of a descending trend for the past week and the first attempt on June 16 failed to break the $22,600 resistance. The second attempt at $21,400 on June 21 was followed by an 8% price correction. After two failed breakouts, the price currently trades below $20,000 and…

Beyond the obvious financial risks, there are a number of technical risks DeFi users should be aware of. 1169 Total views 2 Total shares A November report by data and research company BraveNewCoin has highlighted a number of serious ‘non-financial’ risks in decentralized finance.The financial risks involved with DeFi have been well documented, but the…

A new board will lead the reorganization, headed by Anabel Pereira Fernández. The new team excludes Joselit Ramirez, who led the department since its inception in 2018. 318 Total views 6 Total shares Own this piece of history Collect this article as an NFTVenezuela's president Nicolás Maduro has announced the reorganization of the National Superintendency…

A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn't fit for use in the real economy. 354 Total views 18 Total shares The European Central Bank (ECB) has released a report analyzing the growth of the cryptocurrency market over the past decade and the risks it poses…

The SEC proposed that Do Kwon and Terraform pay roughly $5.3 billion in disgorgement, prejudgment interest and civil penalties, while the firm’s team suggested only $1 million.

Walmart China plans to track food through its supply chain with VeChain’s Thor blockchain, reveals a VeChain press release published on June 25.Per the release, the Walmart China Blockchain Traceability Platform (WCBTP) will be a joint venture by Walmart China, VeChain, PricewaterhouseCoopers (PwC), cattle company Inner Mongolia Kerchin, and the China Chain-Store & Franchise Association.…

Trades made by Alameda Research were focusing on depeg Tether's stablecoin. 1678 Total views 17 Total shares Own this piece of crypto history Collect this article as NFTTether executives and Binance CEO Changpeng “CZ” Zhao worried that Sam Bankman-Fried (SBF), former FTX CEO, was attempting to destabilize the crypto market aiming to save the now-bankrupt…

It seems that a movement to create a national cryptocurrency is gaining momentum in Asia. Following China, the North Korean authorities announced their readiness to issue digital money and even indicated the availability of all required resources — both technical and human — to implement this task. Will the government of the most isolated country in…