US Democrats are ‘increasingly gravitating towards crypto’ — Poll
A poll of 804 self-identified Democrats suggested a majority favored some of the core values surrounding digital assets, as well as the US leading the world on innovation.
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Institutional crypto broker FPG halts withdrawals after $20M cyberattack
Floating Point Group informed customers that withdrawals had been halted after experiencing a security breach on Sunday evening. 47 Total views 1 Total shares Cryptocurrency brokerage firm Floating Point Group (FPG) has confirmed it has halted trading, withdrawals and deposits on its platform after falling victim to a cyberattack on June 11. FPG estimates the…
Signal encrypted messenger now accepts donations in Bitcoin
Encrypted messaging app Signal has started accepting donations in 12 cryptocurrencies including Bitcoin and Ether. 1795 Total views 9 Total shares Users of major privacy-oriented messaging app Signal can now support the project with cryptocurrencies like Bitcoin (BTC).Signal officially announced Monday that the platform has started accepting crypto donations as a form of support for…
Breaking down the ongoing token impersonation scams with DeFi execs
Tres Finance co-founder Tal Zackon warned businesses to not use explorers when tracking their finances. Decentralized Finance (DeFi) protocol Tres Finance warned the community about a scam that involves fake tokens designed to mimic legitimate transactions.In an interview, Tres Finance co-founder Tal Zackon and the company’s technical lead Idan David shared the details of a…
Ethereum 1.x Devs Focusing on ‘Stateless Clients’ to Curb Chain Bloat
While Ethereum continues to develop the next stage of its evolution with the sharding-enabled Ethereum 2.0, a group of developers will focus on the existing chain to maintain its operability during the transition. Dubbed Ethereum 1.x, the project’s goal is to maintain Ethereum’s (ETH) usability while the Serenity upgrade is being worked on. As explained in…
Ray Dalio admits he ‘might be missing something’ about Bitcoin as it surges past $17K
“If I’m wrong about these things I would love to be corrected,” said Dalio. In a Twitter thread posted on Nov. 17, Dalio stated he believed that Bitcoin (BTC) was not an effective medium of exchange nor a store of value due to its volatility. He also asserted that governments could outlaw crypto assets if…
Digital yuan integration introduced to Chinese business air travel
The Civil Aviation Administration and China Merchants Bank said passengers will be able to utilize the digital currency to access new services via this platform. As the pilot program for China's central bank digital currency (CBDC), the digital yuan, takes off, Chinese business travelers will reportedly be able to pay for flight tickets using the…
Data shows the ‘Bitcoin price drops ahead of CME expiries’ claim is a myth
Historically, activity surrounding the Bitcoin (BTC) monthly futures and options expiry has been blamed for weakening bullish momentum. A few studies from 2019 found a 2.3% average drop in BTC price 40 hours before the CME futures settlement date. However, as Cointelegraph reported in June 2020, the effect faded away. While 2020 seems to have rejected…
Bitcoin holds $30K as bulls flaunt their advantage in Friday’s $715M BTC options expiry
Bitcoin’s 15% rally toward $30,300 between June 19 and June 21 caught most traders by surprise, triggering $125 million in liquidations of leveraged short futures contracts. Narrowing down the trigger for the rally is complicated, but some analysts point to the potential inflow of institutional investors if BlackRock’s exchange-traded fund (ETF) application gets regulatory approval.— Joe…