Plus Token’s $1.3B ETH could be sold, ‘Crypto King’ arrested: Asia Express

October 10, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

New analysis suggests $1.3B of ETH from Plus Token Ponzi could be headed to exchanges; Upbit monopoly sparks bank run fears. Asia Express.

China’s central bank governor Yi Gang has said that the nation’s digital yuan pilot projects have processed transactions worth over $299 million without any major problems. This suggests that China is much ahead of its competitors in developing and studying the central bank digital currency (CBDC).However, the European Central Bank does not want to be…

US lawmaker proposes safe harbor for digital tokens in new bill

The “Clarity for Digital Tokens Act of 2021” bill seemingly builds on an initiative from SEC commissioner Hester Peirce, who has called for creating a safe harbor for projects that raise funds to build decentralized networks. 140 Total views 2 Total shares North Carolina House Representative Patrick McHenry has proposed a bill which would amend…

FATF draft guidance targets DeFi with compliance

The decentralized finance, or DeFi, space exploded over the last year, with a total value locked in DeFi of around $90 billion, according to DeBank. The DeFi ecosystem includes projects like Maker, Aave, Compound, Uniswap and more, with new ones rapidly emerging. DeFi is a broad concept to describe an emerging area of finance built…

Two Bitcoin whales buy $142M BTC after Trump’s win

The two whales have acquired $142 million worth of Bitcoin since Trump’s victory in the US election was confirmed, showing growing investor demand for Bitcoin.

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‘Best Brand’ Bitcoin Can Hit $20K by May Halving, Says Mike Novogratz

Bitcoin (BTC) has the potential to reach and even surpass its all-time highs of $20,000 by May’s block reward halving. That was the opinion of Mike Novogratz, the serial venture capitalist who has stayed consistently bullish on BTC. Novogratz: Bitcoin “best brand of the past 11 years”Speaking to CNBC in an interview on Feb. 14, Novogratz called…

Bitcoin Holds Over $5,300 as Top Altcoins See Mixed Signals

Saturday, April 20 — most of the top 20 cryptocurrencies are reporting slight gains and losses capped under 2% on the day to press time. Bitcoin (BTC) is hovering above the $5,300 mark.Market visualization courtesy of Coin360Bitcoin is up about one percent on the day, trading at $5,342 at press time, according to CoinMarketCap. Looking…

Google to Offer Distributed Ledger Solutions in Cloud Platform Marketplace

Google is joining the list of tech giants to deploy blockchain technology to offer customers fintech and cloud service solutions, according to an official statement Monday, July 23. Google announced that the company has partnered with two blockchain-focused firms, Digital Asset and BlockApps, to offer new distributed ledger technology (DLT) solutions on Google's Cloud Platform…

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Cardano's 'centralization' concerns put a 30% ADA price crash in play

Cardano whales are accumulating ADA during the correction period, ignoring the centralization warning.

Bitcoin traders were ready for a hot CPI report, but BTC bears are still in control

Cryptocurrency traders were caught by surprise after the Oct. 13 Consumer Price Index Report showed inflation in the United States rising by 0.6% in September versus the previous month. The slightly higher-than-expected number caused Bitcoin (BTC) to face a 4.4% price correction from $19,000 to $18,175 in less than three hours. The abrupt movement caused $55…

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