The rise and fall of celeb tokens: Over 99% of value wiped out

Michael J. Hsu said that the mainstreaming of crypto has occurred despite regulatory and legal uncertainty, and a series of scams, hacks, and other disruptive events. 653 Total views 58 Total shares The Acting Comptroller of the Currency, Michael J. Hsu, highlighted the need for collaboration and coordination with large crypto intermediaries to better understand…

Ethereum co-founder Vitalik Buterin says the Ethereum blockchain is almost full. In an interview with The Star published Aug. 19, he said the hurdle that faces big organizations interested in the Ethereum ecosystem is the still-thorny matter of the blockchain’s scalability.“Scalability is a big bottleneck”Buterin’s stark comments were made as part of a discussion of…

Hoskinson also highlighted the need to change Silicon Valley’s “bizarre mantra of move fast and break things” in crypto, which caused losses of $10.5 billion in the decentralized finance (DeFi) space in 2021. 1268 Total views 12 Total shares In a recent YouTube video, Charles Hoskinson highlighted the rapid growth of the Cardano (ADA) ecosystem…

Losses due to crypto scams are on the rise in Belgium. 1069 Total views 20 Total shares Belgium’s financial watchdog has reported scammers stole up to $12 million from investor in the country using fraudulent ads. In an Oct. 5 warning from the Financial Services and Markets Authority (FSMA), the watchdog estimated that investors in…

Bitcoin (BTC) may have recovered to $11,700 but miners could soon spark a price plunge, data warns.In an update on Aug. 14, on-chain monitoring resource CryptoQuant identified a spike in mining pool outflows. BTC price: CryptoQuant expects a “little pullback”Aftering remaining stable this month, mining pool outflows have begun to grow, with 802 BTC in aggregated…

Sentiment analysis run across a year’s worth of tweets has found that Ethereum is Twitter’s least favorite cryptocurrency of five studied, while Dogecoin received the most affection. 879 Total views 42 Total shares Ethereum has taken out the top spot on Twitter as the most hated of five cryptocurrencies studied, while the meme-token Dogecoin is…

Signs of a steady Bitcoin (BTC) price recovery emerged earlier this week as investors shifted away from the U.S. dollar on weaker-than-expected economic data.In detail, Bitcoin's drop last week to below $33,000 met with a healthy buying sentiment that pushed its per token rate to as high as $39,300 on Feb. 1. As of Thursday,…

BTC price volatility keeps the pressure on traders with stocks leaving Bitcoin ever further behind.