Tether USDT’s market cap drop linked to ‘seasonal holiday lull’
Tether USDt’s trading has fallen $100 billion since mid-December, but it “may be premature to turn bearish,” according to Matrixport.
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Fraudulent Site Impersonates Encrypted Messaging Service to Steal Bitcoins
A new Bitcoin-related scam emerged through a phishing site that impersonates a self-destructing encrypted notes service. 656 Total views 31 Total shares Cybercriminals have reportedly created a fake site version of the legitimate encrypted self-destructing notes service privnote.com. The fake version can be shared with other users to steal Bitcoin.According to a June 14 report…
VC Firm Ben Franklin Technology Partners Tokenizes Philadelphia Investment Fund
State-backed venture capital (VC) firm Ben Franklin Technology Partners has rolled out a blockchain-based onboarding and tokenization platform. The development was revealed in a blog post on Thursday, April 11.Ben Franklin Technology Partners is an initiative of the Pennsylvania Department of Community and Economic Development, that has reportedly invested over $200 million into more than…
Bitcoin sets news 2022 lows as analyst says trip to $24K realized price ‘entirely possible’
Bitcoin (BTC) set a new record low price for 2022 on May 9 as crypto markets continued selling off prior to the Wall Street opening.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price sinks under $36,700Data from Cointelegraph Markets Pro and TradingView confirmed the firmly bearish achievement for BTC/USD, which hit $32,637 on Bitstamp.With the latest installment…
Crypto Exchange Bitfinex Temporarily Shuts Down Deposits and Withdrawals
Cryptocurrency exchange Bitfinex has temporarily shut down its services, according to a tweet published on May 31.The tweet specifically says that the change has temporarily paused deposits and withdrawals “due to the outrage of one of [their] network providers.” “Funds are safe in cold storage. Situation should be restored ASAP (ETA 3/4h). Apologies for the…
TRON’s CEO Tweets of Forthcoming Partnership With ‘Industry Giant’ Valued at ‘$10s of Billions’
Justin Sun, CEO of decentralized internet startup TRON, has hinted at a forthcoming partnership with an unknown firm valued at “tens of billions of dollars.”The tweet, posted Friday, Oct. 12, gives little information, stating that:“Finally, First time to partner with tens of billions USD valuation industry giant. Guess the name.”Twitter followers were quick to join…
Belarus to decide on issuing CBDC by year’s end: National bank chair
Chairman of the Belarusian national bank Pavel Kallaur said a decision on a CBDC would be made “at the level of head of state” after consultations. 227 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe National Bank of the Republic of Belarus has prepared a pilot program…
Can crypto be used to prove financial independence for travel visas?
"There could be individual situations where a consulate might also accept other proof of assets, such as crypto-assets," said Laura Bernard of the European Commission. 86 Total views 12 Total shares For international travelers still able to cross borders amid an ongoing pandemic, using cryptocurrency to prove they have the means to sustain themselves abroad…
Square Enix CEO reveals plans for blockchain, metaverse, NFTs
Yosuke Matsuda draws a line between old-school gaming, which he terms “play-for-fun,” and next-generation, blockchain-based, play-to-earn gaming. 1065 Total views 28 Total shares Wider adoption of nonfungible tokens (NFT) and play-to-earn games may be on the way, as one of the world’s largest gaming companies sees them as the future of the industry.Yosuke Matsuda, CEO…