Matter Labs drops ZK trademark applications after industry backlash
It follows a public letter from ZK researchers and top industry experts slamming the firm for “oppressive behavior.”
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Behind the Scenes of TON: Lessons Learned on Deploying Smart Contracts
Amid news of its recent spat with the United States Securities and Exchange Commission, relatively few people have likely heard about Telegram’s Open Network competition that occurred some weeks ago. It was a milestone event that transformed the once-miniscule TON developer community writing in Fift (TON’s general-purpose programming language), which differs greatly from common languages…
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US COVID-19 Relief Plan Will Use Fintech, but Crypto Not Welcome
American financial technology firms are now able to help Main Street businesses affected by the COVID-19 crisis via a federal relief plan, but cryptocurrency-native companies apparently don’t fit the bill.Last week, the United States Small Business Administration released an application form for nonbanks to sign on as lenders under the federal Paycheck Protection Program, referred…
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How long could Sam Bankman-Fried go to jail for?
FTX founder Sam Bankman-Fried, once described as the “golden boy” of crypto, is set to stare down a jury next week for his role in the collapse of his $32 billion crypto exchange. After a jury selection process on Oct. 3, the trial begins in earnest on Oct. 4, with Bankman-Fried staring down seven charges. If
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Price analysis 4/22: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT
Bitcoin (BTC) turned down sharply on April 21, maintaining its tight correlation with the U.S. equity markets, which reversed direction after U.S. Federal Reserve Chair Jerome Powell hinted that a 50 basis point rate hike was “on the table” in May. The selling has continued on April 22 as investors trim risky assets in expectation of…
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Bitcoin Price: 2 Bullish Crosses Suggest a New 2019 High Is in Play
Bitcoin is back to doing Bitcoin (BTC) things and anyone who bought the dip around the $9,350 local bottom is a happy camper. Surely those who employed a little leverage on that entry are even happier. Before looking forward, let’s take a moment to review the “Keep It Simple Stupid” approach to trading. On Sept. 2,…
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Bitcoin bull run ‘getting interesting’ as BTC price hits 6-week high
Bitcoin (BTC) delivered a swift six-week high into July 29 as the aftermath of the latest macro developments boosted risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMonthly close could seal 20% gainsData from Cointelegraph Markets Pro and TradingView captured local highs of $24,445 for BTC/USD on Bitstamp, its best since the week beginning June 13.After…
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CFTC files suit against Avraham Eisenberg for market manipulation in Mango exploit
Eisenberg claimed his actions on the DeFi platform were legal and negotiated a “white hat” bug bounty after making off with over $100 million; the government is unconvinced. 55 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThe United States Commodity Futures Trading Commission (CFTC) filed suit against self-described…
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Altcoins nurse double-digit losses as Bitcoin bulls fight to retake $49K
Another wave of selling pressure hit the cryptocurrency market on Feb. 23 as Bitcoin struggles to reclaim the $49,000 level.Data from Cointelegraph Markets and TradingView shows that Bitcoin fell under intense pressure in the early trading hours on Tuesday and this pushed the price of BTC as low as $44,927 before buyers arrived to stop…