Why is Bitcoin price stuck?
Bitcoin is stuck between two significant price levels and BTC’s death cross signals demand-side weakness.
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Block.one’s Bitcoin reserves are now worth double the entire EOS market cap
Block.one holds a reported 140,000 BTC which is worth around double the EOS market cap. Does that make EOS a buy? 1738 Total views 7 Total shares EOS has largely under performed during this crypto rally and has dropped out of the top ten by market cap, but one industry executive believes it could be…

Standard Chartered Makes Letter of Credit Transaction Using Blockchain
London-based bank and financial services firm Standard Chartered has completed its first cross-border blockchain letter of credit transaction in the oil industry with Thai state-owned oil giant PTT Group.On-chain letter of creditStandard Chartered announced that it has successfully executed a pilot letter of credit (LC) transaction for PTT Group, PTT International Trading Pte Ltd and…

US Anti-CBDC bill moves a step closer to passing
The “CBDC Anti-Surveillance State Act,” aimed at preventing the Federal Reserve from issuing a central bank digital currency, has passed the House Financial Services Committee. 440 Total views 9 Total shares The CBDC Anti-Surveillance State Act, aimed at preventing “unelected bureaucrats in Washington” from issuing a central bank digital currency (CBDC), has taken one step

‘We’re already buying’: Terra founder plans to obtain $10B BTC for reserves
Kwon also bullishly emphasized that its stablecoin TerraUSD (UST) backed by $10 billion-plus in BTC reserves will “open a new monetary era of the Bitcoin standard.” 435 Total views 22 Total shares The founder of Terraform Labs (TFL) and Ethereum competitor Terra (LUNA) Do Kwon has outlined plans to accumulate a whopping $10 billion worth…

Crypto-Enabled Investment App eToro Gets Ready to Issue Debit Cards in UK
EToro is reportedly moving ahead with its debit card plans as it acquires a U.K. Visa Principal Member. 1530 Total views 20 Total shares The crypto-enabled investment app eToro is set to launch its debit card in the United Kingdom as it acquired Marq Millions Ltd, a licensed e-money business holding a principal Visa membership.As…

XMR Cryptojacking Malware Smominru Updated, Now Targeting User Data
Malware Smominru mines Monero (XMR) on at least half a million infected computers and now also steals sensitive personal data.An updated malwareCybersecurity company Carbon Black claimed that its Threat Analysis Unit “uncovered a secondary component in a well-known cryptomining campaign” in a report published on Aug. 7. According to the firm, the malware has now…

Are we moving to decentralization? Animoca’s Yat Siu thinks so
In a recent podcast, Yat Siu discusses how Web3 and digital property rights will redefine the internet’s future.

5 highlights of Sam Bankman-Fried’s first day of trial
The high-profile trial of former FTX CEO Sam Bankman-Fried kicked off on Oct. 3 with plenty of activity both inside and outside of the cramped Manhattan courtroom.Journalists, crypto influencers, and other gawkers reportedly gathered in a media overflow room to take notes of the day's events. Here are some of the most colorful observations about