Tether USDT’s market cap drop linked to ‘seasonal holiday lull’

A malfunction in Blockstream’s Liquid bridge for Bitcoin (BTC) resulted in a Blockstream-owned 2-of-3 multisig contract briefly controlling over 870 BTC, worth $8 million.This was discovered on June 26 by James Prestwich, founder of blockchain software development company Summa, which contributed to the tBTC project.According to his findings, the spending script for the transaction was…

The major crypto exchange has secured regulatory approval in 2022 to operate as a digital asset service provider in France, Bahrain, Spain and Dubai. 225 Total views 4 Total shares The Astana Financial Services Authority, or AFSA, an independent financial regulator in Kazakhstan, has taken a step towards licensing major cryptocurrency exchange Binance to operate…

At 28%, this weekend's BTC price action was decidedly average compared to the cryptocurrency's run-up to 2017 all-time highs. 1071 Total views 6 Total shares Bitcoin (BTC) may have dipped 28% in recent days but analysts have already put the scale of the losses firmly in context. As noted on Jan.12 by Nathaniel Whittemore, host of…

Crypto and Know Your Customer (KYC) guidelines seem to be an unhappy marriage — pseudonymity in the digital currencies’ DNA doesn’t match the old-school centralized protocols of traditional finance, but cohabitation is inevitable for the maturing industry. The tension never really goes away, but even before recent months’ market failures for crypto, the regulators have been…

Magic Eden led the NFT market in August with $122.47 million in trading volume, securing 36.7% market share.

The largest brokerage in Brazil will enter the crypto space by launching an exchange for Bitcoin (BTC) and Ethereum (ETH) in the near future, Bloomberg reported September 21.Chief Executive Officer of Grupo XP Guilherme Benchimol told Bloomberg that the company will launch an exchange called XDEX in the coming months, with around forty employees. Grupo…

It took a few years, but government crackdowns on “insider trading” involving digital assets have finally arrived. It’s about time! Insider trading occurs often in our securities markets, so it was only a matter of time before crypto and other digital assets would be exploited improperly by miscreants for financial gain.Powers On… is a monthly…

Decentralized finance is a fairly new, nuanced concept for mainstream audiences. At its core, DeFi promises a revamped global financial system equipped with savings, loans and inventive yield-earning opportunities that enable innovative financial products without centralized gatekeepers. Since Jan. 1, this promise has been met with a demand that has exceeded $11 billion in total…

Bitcoin holds the top four spot in all-time NFT sales volume, following Ethereum, Solana and Ronin.