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Ethereum L2 ecosystem processes a record 12.4M transactions in a day
The growth has been primarily driven by memecoin mania on the Coinbase L2 blockchain Base.
Australia tries again to combat ‘future sectors’ crypto scams
The “Proposed Scams Code Framework” consultation paper aims to delegate clear roles and responsibilities to government and private entities when combatting scams. 153 Total views 9 Total shares A consultation paper on a new framework for addressing consumer and business scams proposed by Australia’s Department of the Treasury considers applying sector-specific codes and standards to
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‘What Are You Smoking?’ Winklevoss Pans Goldman Sachs Bitcoin Bashing
Tired claims that Bitcoin and cryptocurrencies are not an asset class say more about Goldman Sachs and the banking system itself, proponents argue. 2041 Total views 30 Total shares Bitcoin (BTC) supporters have widely panned Goldman Sachs after it emerged that the banking giant does not consider it as a real asset class.Materials from an…
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Did Bitcoin bottom at $92K? These 3 BTC charts say the worst is over
Bitcoin price is chasing $95,000 after showing modest gains today as several onchain BTC metrics are hinting at signs of a potential bottom.
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Bitcoin fails to flip $40K with traders eyeing $36K or lower for support
Bitcoin (BTC) saw tough resistance after nearing $41,000 on July 28 amid calls for consolidation of recent gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$40,000 yet to stick as new supportData from Cointelegraph Markets Pro and TradingView showed BTC/USD pulling back below the $40,000 mark as Wednesday progressed. The pair had begun with a fresh surge which…
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Top-5 Cryptos This Week: XTZ, ATOM, XRP, XMR, BNB
The New York Digital Investment Group LLC (NYDIG) has received approval from the United States Securities and Exchange Commission (SEC) to offer its shares to institutional investors, including registered investment advisers, their clients and other eligible investors. The fund aims to invest in cash-settled BTC futures traded on exchanges that are registered with the U.S. Commodity…
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Russia to seize retail deposits if sanctions go too far, official warns
In the event of harsh Western sanctions as Russian forces invade Ukraine, retail customers could risk losing their savings.Russians’ savings could be confiscated in response to sanctions against the country, according to Nikolai Arefiev, a member of the country’s Communist Party and vice-chairman of the Duma’s committee on economic policy.The Russian government can potentially seize…
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IRS Allegedly Hopes to Make Tech Giants Release User Crypto Activity
The United States’ Internal Revenue Service (IRS) is allegedly considering requiring tech giants to report on crypto activity by users, according to a presentation reportedly from an IRS presentation and provided by a Twitter user on July 9.According to the documents shared, the IRS hopes to use Grand Jury subpoenas on firms such as Apple,…