Traders rush to short Ether as Grayscale pulls its futures ETF plan

Some of South Korea’s biggest cryptocurrency exchanges have passed a government security audit, but the majority could be exposed to attacks, local tech news outlet ZDNet reported on Jan 10.Bithumb, Coinone and Korbit, in addition to four other major exchanges, satisfied investigators during the audit, which took place between September and December 2018.Of the tranche…

Everyone is talking about a six-figure Bitcoin (BTC) price now that the digital asset has broken out of its multi-month downtrend and confirmed that a bullish trend is in play. If Bitcoin happens to enter a parabolic move toward $110,000, that would finally match PlanB’s Stock-to-Flow model prediction. According to the pseudonymous analyst, the scarcity and…

A former blackhat hacker who goes by the name Gummo online claims to have amassed around $7 billion worth of Bitcoin (BTC). Despite a flood of positive comments and posts relating to his interviews with the Soft White Underbelly YouTube channel — which has 3.18 million subscribers — information about Gummo is scarce elsewhere, which…

Solana will host a DeFi hackathon offering a $200,000 prize pool and $200,000 in seed funding to aspiring developers. 3759 Total views 15 Total shares Solana has announced an upcoming DeFi hackathon offering $200,000 in seed funding from the Solana Foundation.The hackathon, which is scheduled to take place from Feb. 15 through March 1st, will…

Data analytics firm Glassnode, hardware provider Trezor and Bitcoin exchange Relai observe an uptick in Bitcoin self-custody. 246 Total views 3 Total shares The bear market has inspired the little guy to accumulate vast amounts of Bitcoin (BTC).  The number of wallets holding 1 BTC or more recently hit new highs while those with 10 BTC…

Dorsey said that although Facebook probably started Diem for “the right reasons,” it should’ve used an open-ended protocol like Bitcoin rather than attempting to create its own currency. 90 Total views 3 Total shares Twitter founder Jack Dorsey said that Meta’s failed cryptocurrency project Diem was “wasted effort and time,” and it should have focused…

Valve Corporation has removed a game from its video game marketplace Steam that allegedly hijacked users’ computers to mine cryptocurrency, Motherboard reported July 30. The Steam game store has delisted Abstractism, an indie game accused of deceptive practices and cryptojacking, and has banned its developer from the platform. Steam took action following complaints from a…

Only 2% of B2B firms have adopted crypto payments so far, while 59% indicated no intention to accept it, one survey says. 501 Total views 5 Total shares Cryptocurrencies appear to be far from ready for business-to-business (B2B) commerce so far due to factors like lack of convenience, a new survey suggests.According to a joint…

Scalability on the Ethereum (ETH) network has been a point of contention within the cryptocurrency ecosystem for years, primarily due to high fees and network congestion during periods of peak demand.The latest solution to emerge as the final fix to Ethereum’s scalability woes are Zero-knowledge rollups (ZK rollups), a form of scaling that runs computations…