Trump victory may give crypto a 'dopamine hit,' but traders should be cautious
Crypto analysts suggest a Trump victory could give the crypto market a “dopamine hit,” but with considerable volatility already priced in, traders should remain cautious.
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Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?
There is good reason to be afraid. Previous down markets have seen declines in excess of 80%. While tightfisted hodling might hold wisdom among many Bitcoin (BTC) maximalists, speculators in altcoins know that diamond handing can mean near (or total) annihilation. Regardless of one’s investment philosophy, in risk-off environments, participation flees the space with haste. The…

Insurance Giant Aetna Partners With IBM on Blockchain Network for Healthcare Industry
United States-based health insurance giant Aetna has partnered with IBM to create a blockchain network tailored to the healthcare industry, Reuters reported Jan. 24.Estimated to serve over 39 million clients globally, Aetna has reportedly issued a joint statement with IBM clarifying that the blockchain system will be designed to streamline insurance claims processing and payments,…

Ethereum and DeFi are forcing smart contract platforms to evolve
The decentralized finance movement was a ticking time bomb waiting to detonate when it finally exploded in 2020. From automated market makers to the industry’s current obsession with liquidity mining, DeFi has grown leaps and bounds over the last year.Most decentralized finance applications are deployed on the Ethereum blockchain, bringing billions of dollars onto the…

Ethereum Alarm Clock exploit leads to $260K in stolen gas fees so far
Web3 security firm Supremacy highlighted Etherscan transaction history that showed the hacker(s) were able to swipe 204 ETH in gas fees so far, worth roughly $259,800. 390 Total views 13 Total shares A bug in the smart contract code for the Ethereum Alarm Clock service has reportedly been exploited, with nearly $260,000 said to have…

That’s ‘Sir’ Crypto Dad: French order knights former CFTC chair Chris Giancarlo
The first of his name, king of the punks and the first regulators, protector of the seven tokens, the keeper of the great CBDC, the breaker of blockchains and father of crypto. 69 Total views 1 Total shares The French government has given former United States Commodity Futures Trading Commission chair Chris Giancarlo, also known…

Crypto exchange eXch to shut down amid money laundering allegations
The firm said it had chosen a “cease and retreat” strategy in response to allegations that the Lazarus Group laundered funds stolen in a $1.4 billion exploit of Bybit. Cryptocurrency exchange eXch announced it will cease operations on May 1 after reports alleged the firm was used to launder funds from a Bybit hack. In

US State of Wyoming Passes Two New Blockchain, Crypto-Related Bills
The state legislature of the American state of Wyoming has reportedly passed two new house bills that aim to foster a regulatory environment conducive to cryptocurrency and blockchain innovation. The developments were reported by the president of the Wyoming Blockchain Coalition, Caitlin Long, in two tweets posted Jan. 10 and Jan. 11.To press time, only…

Bitcoin hits $49K as BTC price gets unlikely boost from Erdoğan’s Turkish lira tinkering
The man who declared “war” on crypto in September helps fuel snap overnight gains. 2910 Total views 42 Total shares Bitcoin (BTC) rebounded over 5% on Dec. 21 as a dramatic turnaround in the fortunes of the Turkish lira boosted investors’ confidence. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWishing on a sentiment flipData from Cointelegraph Markets…