Snowden goes after Bitcoin devs, Elon, and puppy killers in X flurry
His commentary touched on the zkSnacks shutdown, free speech, and the proper treatment of farm animals.
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FT: Facebook Hires Standard Chartered Bank’s Head of Public Affairs for Crypto Project
Facebook has reportedly hired Standard Chartered Bank’s head of public affairs Ed Bowles for its cryptocurrency project, the Financial Times reports on June 14.Per the report, Facebook hired the senior bank lobbyist in anticipation of the greater regulatory scrutiny in Europe over its plans to launch its own crypto asset and other financial services to…
Coinbase adds hidden message with political undertones to BTC blockchain on day of IPO
The crypto exchange, whose CEO has previously dissuaded employees from expressing political views, started its initial public offering off with a message referencing U.S. President Joe Biden’s stimulus package. According to Coinbase, the crypto exchange had mining pool F2Pool embed the title of a New York Times article in the Bitcoin (BTC) blockchain at 2:05 PM…
Developers propose a solution against ‘stealth mining’ to Ethereum Classic community
Would any well-intended miner propose a deep chain reorganization? Earlier today, Dexaran presented its solution to the Ethereum Classic (ETC) community aimed at preventing future 51% attacks. The presentation came a week after Cardano’s IOHK introduced its checkpointing proposal. Dexaran notably used IOHK’s Crowdcast channel for its competing solution.This new proposal is founded on the assumption…
WSJ: Automated Trading Programs Manipulate Digital Currency Prices
Automated trading programs, or bots, are manipulating digital currency prices on cryptocurrency exchanges, according to a Wall Street Journal (WSJ) report October 2.Automated trading software is a program that allows traders to set specific rules for both trade entries and exits, submit orders to a market center or exchange, and then automatically executes them by…
Bitcoin rallies to $61K, but derivatives traders are still skeptical — Here is why
Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last.
Ex-Fed Official: Ending US Dollar Dominance for Crypto Makes No Sense
Ex-United States Federal Reserve official Simon Potter stated that the plan to end the U.S. dollar’s dominance by replacing it with a digital currency makes no sense.Central banks unlikely to coordinate around virtual currencyLast month, Governor of the Bank of England Mark Carney suggested ending the U.S. dollar’s dominance by replacing it with a digital…
Crypto punters favor dollar-cost averaging when investing: Kraken survey
According to crypto exchange Kraken, almost 60% of the over 1,000 surveyed crypto investors use DCA as their main investment strategy.