YieldNest launches new liquid restaking token
Stakers with Lido, Frax, Origin and Mantle can “restake” with the DeFi protocol.
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Nevermind Coinbase — Big Brother Is Already Watching Your Coins
On June 5, cryptocurrency exchange Coinbase came under fire for its alleged efforts to sell crypto surveillance services to both the U.S. Drug Enforcement Administration and the Internal Revenue Service.In the days since, Coinbase representatives have made it clear that the company’s analytics services do not share any personally identifiable data with law enforcement. They…
Ray Dalio believes nations will outlaw Bitcoin if BTC price keeps rising
Ray Dalio, the billionaire hedge fund legend, doesn’t see digital currencies like Bitcoin (BTC) succeeding the way other people do. He expects authorities to clamp down on cryptocurrencies when they see “material” growth.The daily chart of Bitcoin dating back to Jan. 1, 2020. Source: TradingViewMeanwhile, BTC has hugely outperformed Bridgewater year-to-date. Barry Silbert, CEO of…
Bitcoin price drops to near $61K shortly after COIN lists on Nasdaq
A volatility-filled listing for Coinbase’s COIN stock coincided with a 5% drop in the price of Bitcoin. 10238 Total views 26 Total shares Following months of build-up and speculation, Coinbase (COIN) listed on the Nasdaq and in true cryptocurrency fashion, opening day trading was a volatile affair that may have had a widespread effect on…
UK court grants appeal from Craig Wright in Bitcoin rights lawsuit
A British court granted an appeal on July 20 that gave Craig Wright the right to argue in litigation that the Bitcoin file format is well-defined enough to qualify for copyright protection. Wright, who since 2016 has claimed to be the inventor of Bitcoin (BTC), launched a lawsuit against 13 Bitcoin Core developers and a group…
Four Telcos Test Blockchain Solution To Automate Roaming Discounts
A group of four international telecommunications companies are currently testing a blockchain-based solution to automate the management of inter-operator roaming discount agreements. According to a report published on Feb. 17 by Mobile Europe, Deutsche Telekom, T-Mobile US, Telefonica and Orange say the solution vastly reduces the complexity of the current system, and is “production ready.”Simplifying…
Sony warns 700 AI devs, music streaming companies on content misuse
Sony cracks down on AI developers like OpenAI and Microsoft with a letter that prohibits them from using its content to train or develop commercial AI systems.
EU Financial Regulator Budgets Over 1 Mln Euro for FinTech and Crypto Supervision
The European Securities and Markets Authority (ESMA) has budgeted over 1 million euro for monitoring fintech and crypto assets, according to a document published Oct. 4.Founded in 2011 in Paris, the ESMA has an objective to develop a uniform rulebook for European Union (E.U.) financial markets, as well as provide market supervision. The authority has…
Bitcoin targets $36K key Wyckoff level with altcoins set to ‘grind up heavier’
Conditions are conspiring to deliver fresh strength across altcoins, which suffered unduly as Bitcoin briefly hit levels below $30,000, a trader predicts. 421 Total views 1 Total shares Bitcoin (BTC) headed towards a key Wyckoff level on July 6 as BTC price action got traders excited about an altcoin surge.BTC/USD 1-hour candle chart (Bitstamp). Source:…