Making crypto mainstream requires greater efforts to stop fraud

After rising about 80% in the first two quarters of 2023, Bitcoin (BTC) fell roughly 11% in the third quarter ending September. However, there is a silver lining for the bulls because they managed a positive monthly close in September, the first since 2016.Buyers will try to build upon this momentum in October, which has

El Salvador’s finance minister believes the ongoing price volatility of Bitcoin means the awaited “Bitcoin bond” won't be launched anytime soon. Meanwhile the country faces a “human rights crisis.” 252 Total views 6 Total shares El Salvador’s finance minister Alejandro Zelaya has said the country will further delay launching its anticipated billion dollar Bitcoin (BTC)…

Many nonfungible tokens (NFTs) that were used as collateral in the platform have defaulted without any bids. 324 Total views 13 Total shares Lending protocol BendDAO has run out of Wrapped Ether (wETH) in its contract. At the time of writing, the contract only has 15 WETH to pay lenders, and an estimated 15,000 Ether…

Ledger hardware wallet users might be in danger of physical attacks with their addresses part of the user data dump by suspected hackers. While the affected users are threatening legal action in the Ledger data dump, some wallet owners might be at the risk of being visited by criminals. According to a Redditor named "u/relephants,"…

95 percent of volume on unregulated exchanges appears to be fake or non-economic in nature, an analysis from cryptocurrency index fund provider Bitwise Asset Management has argued in a report dated March 20.Bitwise reported its data and claims to the United States Securities and Exchange Commission (SEC) as part of a proposed rule change for…

Excitement for Yearn Finance’s yETH vault has reached a fever pitch after rumors of the product’s release circulated on Twitter. Analysts predict that the imminent launch of yETH by Yearn Finance could trigger a renewed surge in buying pressure on the ETH markets. The product, which is being voted on by YFI token holders, will…

The German-speaking world has seen an array of crypto and blockchain-related developments over the past week, with the Federal Ministry of Finance concluding that cryptocurrencies are hardly involved in money laundering and terrorist financing (TF), Bitwala integrating a feature for automatically generating cryptocurrency tax reports, and  the Graz startup Lab10 Collective developing a more energy-efficient…

The milestone takes Web3 closer to reaching its first billion users, according to Binance’s chief marketing officer.

It is Bitcoin ETF decision season once again for America’s securities regulator amid a changing of the guard at the commission. 2636 Total views 13 Total shares The United States Securities and Exchange Commission now has 45 days to deliver an initial decision on the VanEck Bitcoin (BTC) exchange-traded fund filing having officially published the…