US consumer finance watchdog sued for treating digital wallets like banks

Experts in the blockchain and crypto industry make their wishes for Bitcoin’s 12th birthday 240 Total views 17 Total shares While the crypto community decides whether Bitcoin (BTC) was born — or merely conceived — 12 years ago, the fact is that Oct. 31, 2008, remains one of the most notable dates in humanity’s modern history. Exactly…

The adoption rate of blockchain technology in China continues to impress as the Bank of China has reportedly issued 20 billion yuan ($2.8 billion) in blockchain-based special financial bonds for small and micro-enterprises.According to local news outlet Sina Finance in early December, the funds are specifically used to issue loans to these Chinese small and…

Crypto derivatives exchange BitMEX has accidentally leaked user emails by forgetting to use blind copy (bcc) on a mass email. The incident was acknowledged by BitMEX in an official statement published today, Nov. 1. Cointelegraph’s editorial team in Japan have independently revealed that a staff member was the recipient of the BitMEx newsletter in question.“Outrageously incompetent”In…

Mooniswap and the Pathfinder algorithm will be available to NEAR users. 2790 Total views 15 Total shares The Mooniswap decentralized exchange protocol, developed by DEX aggregator 1inch, will be the first Ethereum DeFi protocol to develop on NEAR, a sharded smart contract platform.As part of a collaboration announced on Tuesday, the 1inch team pledged to…

According to Nayib Bukele, there will be 200 ATMs and 50 branches capable of converting Bitcoin into U.S. dollars starting on Sept. 7. 277 Total views 92 Total shares Nayib Bukele, the president of El Salvador and the principal figure behind the country’s adoption of Bitcoin, said residents will have the opportunity to convert their…

TeraWulf claims to be the most profitable miner on a per-share basis, with an average production cost of $40,000 per Bitcoin.

A slow first day of trading on the short Bitcoin ETF may have been nothing but a slight hiccup in ProShares’ newest product as volumes grew on the second day. 1271 Total views 18 Total shares The first short Bitcoin ETF from ProShares got off to a very slow start on its June 21 launch…

The lending platform responded by pausing all markets and assuring its community that no additional funds were at risk. 184 Total views 3 Total shares Decentralized finance (DeFi) protocol Sturdy Finance has lost 442 Ether (ETH), worth almost $800,000 when writing, to a security exploit. The attacker exploited a vulnerability that eventually manipulated a faulty…

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss which coins you should consider buying in a bear market. 784 Total views 7 Total shares “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss the best top coins to buy in a bear market.But…