Tron network deposits drop to 6-month low as TRX price rallies — Trouble in paradise?
Tron’s total value locked (TVL) plummeted to a six-month low of $7.6 billion as TRX price rallied. Cointelegraph investigates.
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US Justice Department to double its crypto team, target ransomware crimes
The National Cryptocurrency Enforcement Team, established in 2021, will be merged with the Computer Crime and Intellectual Property Section. 147 Total views 1 Total shares The United States Department of Justice (DoJ) has said it will double the number of staff on its crypto crime team established in 2021. The unit will add to its…

Bank of America says stablecoin adoption and CBDC is ‘inevitable’
A recent note from Bank of America analysts said that a CBDC would differ from digital currencies currently available because it would be the liability of the Federal Reserve, not a commercial bank. 80 Total views 2 Total shares It appears that the U.S. will finally be moving forward to create its own central bank…

Tether discontinues Bitcoin stablecoin, citing lack of usage
The Tether (USDT) stablecoin will no longer be issued on the Bitcoin Omni Layer, while redemptions will still be open for at least a year. 770 Total views 2 Total shares The issuer of stablecoin Tether will discontinue its Bitcoin Omni Layer version, citing a lack of interest from users. This Bitcoin version of Tether (USDT) was one…

Quantum computer ‘threat’ to crypto is exaggerated — for now
Bitcoin’s private keys won’t be breached any time soon, but the industry still needs to transition to “post-quantum cryptography.”

Bitfinex offers new chain split tokens ahead of Ethereum Merge
ETHW and ETHS are the two newly introduced chain split tokens that will allow users to trade on the fork event. 299 Total views 23 Total shares iFinex, the company responsible for Bitfinex Derivatives, announced on Tuesday the launch of a new service offering available to users before the highly-anticipated Ethereum Merge. The exchange now…

Ethereum gas fees rose 498% in two weeks as network activity surged — Report
An uptick in Ethereum network activity was accompanied by a 498% rise in ETH gas fees. Will Ether price respond?

Bitcoin futures and spot ETF traders capitulate as BTC looks for a bottom
Bitcoin’s (BTC) daily chart registered a bearish three-blind mice pattern over the past three days, taking BTC’s value outside the long-term established range between $110,000 and $90,000. Bitcoin 1-day chart. Source: Cointelegraph/TradingView Over the past 24 hours, Bitcoin tested the fair value gap, but BTC has struggled to establish bullish momentum from the $82,000 range

5 year study looks at if token rewards can improve HIV patient outcomes in Africa
A groundbreaking five-year study into whether crypto token incentives can improve health outcomes for patients with HIV/AIDS will be launched in Kenya by the end of the year.On Nov 1, the blockchain-powered healthcare ecosystem Immunify.Life and the Masinde Muliro University of Science and Technology (MMUST) announced they had secured the approval needed from an ethics…