Why US spot Bitcoin options launch is such a big deal

A Russian national behind the cybercriminal enterprise Infraud Organization has pleaded guilty on June 26 to racketeering conspiracy, due to his role as a co-founder and admin of the dark web-based carding portal which generated profits over $568 million.According to the announcement made by the U.S. Department of Justice, or DOJ, 33-year-old Sergey Medvedev, also…

Bitcoin price cycles may not be as consistent as some believe, according to two industry CEOs. 2532 Total views 18 Total shares Launched nearly 12 years ago, Bitcoin (BTC) is known for its often volatile market cycles. Though some feel that Bitcoin's position as a store of value keeps these cycles fairly consistent, Rob Viglione,…

In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Turkey, the Turkish edition of Cointelegraph launched, Binance CEO Changpeng Zhao announced that he will be visiting Turkey to speak at the Capital Market Summit in November, and a Turkish CEO is convinced that Bitcoin (BTC) ads during soccer games are the right tool to…

New technology also means new responsibilities. Security is key in the digital age. 2157 Total views 7 Total shares As internet banking comes of age, so too do new ways of stealing funds. That makes cybersecurity central to modern banking, according to David Leach, JPMorgan Chase’s Asia-Pacific head of cybersecurity and technology controls."It’s a competitive…

Projects associated with Terra suffer losses of more than 80% as contagion spreads. Meanwhile, Maker (DAI) gets a boost as traders look for other decentralized stablecoin options. 488 Total views 13 Total shares The knock-on effect of the collapse of Terra (LUNA) and its TerraUSD (UST) stablecoin have spread wide across the cryptocurrency market on…

The new bridge will allow Ren’s ERC-20 representations of BTC, BCH, DOGE, FIL, LUNA, ZEC, and DGB can now be transferred onto the Polygon network. 1667 Total views 1 Total shares The launch of the new Polygon x RenVM Bridge was announced to Twitter by Polygon on May 28, who emphasized the bridge will allow…

Upbit operator Dunamu plans to expand its joint NFT venture with South Korean entertainment firm HYBE. 486 Total views 16 Total shares Dunamu, the operator of major South Korean cryptocurrency exchange Upbit, is progressing with blockchain development as its blockchain arm Lambda256 secured new funding.According to a Dec. 15 announcement, Lambda256 raised 70 billion Korean…

Bitcoin (BTC) circled $25,800 on June 6 as the aftermath of fresh panic over largest exchange Binance lingered.BTC/USD 1-day candle chart on Bitstamp. Source: TradingViewBTC price risks losing multi-month rangeData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it steadied after dropping to near three-month lows.The weakness came as part of a knee-jerk market…

Australian crypto entrepreneur and investor Fred Schebesta has described the Australian government's prioritization of token mapping as “wonderful,” but warns that rushing it could lead to detrimental effects on the economy.Schebesta's comments come after Australian Treasurer Jim Chalmers released a statement on Aug. 22 stating that the “treasury will prioritize token mapping work" in 2022…