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Showing posts from November, 2024

SEC sues Touzi Capital for allegedly defrauding over 1,200 crypto investors

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The SEC claims Touzi Capital misled investors by stating their funds would finance crypto mining operations, but instead used them for unrelated expenses. from Cointelegraph.com News https://ift.tt/eOxZn7b

Ether has 3-year cup and handle ‘In the making,' analyst eyes $7.2K

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Ether is forming a pattern on the price chart signaling a 97% upward move by the end of the first quarter of 2025, according to a crypto analyst. from Cointelegraph.com News https://ift.tt/agpiDdW

Dogecoin flips Porsche, trader turns $160 into $5.6M, and more: Hodler’s Digest, Nov. 24 – 30

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Dogecoin has surpassed the market capitalization of Porsche, a memecoin trader turned a $160 investment into millions: Hodler’s Digest from Cointelegraph.com News https://ift.tt/n3R12eU

Hype overshadowed adoption, but valuable projects continue 

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Despite the hype cycle, blockchain technology continues to make strides in real-world applications, from tokenizing assets to enhancing record-keeping and data privacy. from Cointelegraph.com News https://ift.tt/i8sIZ9S

North Korean hackers expand social engineering operation to IT firms: Report

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The government of North Korea (DPRK) has reportedly employed various hacking groups, most notably the Lazarus Group, to seal crypto in recent years. from Cointelegraph.com News https://ift.tt/wIz015c

Microsoft breakthrough signals quantum-exclusive future for blockchain mining

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The new hardware could ultimately host a theoretical algorithm with the potential to transform proof-of-work. from Cointelegraph.com News https://ift.tt/K9UCmVT

Tokenization can transform US markets if Trump clears the way

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Trump’s presidency offers a unique opportunity to transform US financial markets through tokenization, but success hinges on reimagining regulatory frameworks. from Cointelegraph.com News https://ift.tt/S8FVbKC

Altseason delayed due to lack of fresh retail capital — Ki Young Ju

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Investors rotate into altcoins along a risk curve, starting with large-cap assets and eventually migrating into riskier low-cap coins. from Cointelegraph.com News https://ift.tt/pEAo9kL

Marketing shouldn’t be the scapegoat in crypto

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Responsible marketing in crypto cultivates transparency, education and trust, serving as a critical tool for project legitimacy and industry growth. from Cointelegraph.com News https://ift.tt/CKSVary

Ondo taps LayerZero to take USDY multichain

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Ondo is using LayerZero to make its yield-bearing stablecoin fully fungible across multiple blockchain networks.  from Cointelegraph.com News https://ift.tt/uF4evJc

Digital money lag threatens international security

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Central banks face mounting pressure to innovate, or risk falling behind in the digital currency race, with implications for national security and financial stability. from Cointelegraph.com News https://ift.tt/ITHwqmB

It’s time to redesign developers’ incentives

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Rethinking AI developer motivation, and moving beyond financial rewards.  from Cointelegraph.com News https://ift.tt/ySUHlaQ

Crypto liquidations reach $470M as Bitcoin retraces, altcoins surge

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Dogecoin, XRP, Stellar and Sandbox saw a larger liquidation share than usual as some top altcoins from the 2020-2021 cycle soared as high as 50%. from Cointelegraph.com News https://ift.tt/Rdxe0WJ

Wrapped Bitcoin flash crashes to $5K on Binance exchange

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Wrapped Bitcoin was launched in 2019 to give Bitcoin investors an option to use the asset in decentralized finance applications. from Cointelegraph.com News https://ift.tt/o1bfrQK

Bitcoin price dip may spur buying spree in BNB, AVAX, NEAR and OKB

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Bitcoin sellers take the upper hand as BTC struggles to rally to $100,000. What will altcoins do? from Cointelegraph.com News https://ift.tt/M6XJxmG

Tether mints an additional $3 billion in USDt stablecoins

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According to stablecoin firm Tether, over $134 billion USDt tokens are circulating across various blockchain protocols as of November 2024. from Cointelegraph.com News https://ift.tt/npPlc8C

FIFA, Mythical Games collaborate to launch blockchain game FIFA Rivals

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Mythical’s CEO John Linden anticipates that FIFA Rivals could attract over 100 million gamers into the Web3 space. from Cointelegraph.com News https://ift.tt/c8yVLRf

The Two Papa John's pizzas ordered in 2010 now close to $1B mistake

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The infamous 10,000 BTC mistake is often used by Bitcoin maximalists to extoll the virtues of 'hodling' the supply-capped asset. from Cointelegraph.com News https://ift.tt/PMh53YV

Hash-based zero-knowledge tech can quantum-proof Ethereum — XinXin Fan

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Google, Microsoft, Amazon, and IBM are some of the biggest companies currently researching and developing quantum computer technology. from Cointelegraph.com News https://ift.tt/YV3PZnN

Binance beefs up compliance team by 34% to 645 full-timers

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Binance promised at least 200 new compliance staffers and it will have that by yearend. from Cointelegraph.com News https://ift.tt/AaqQXLP

The Graph introduces GRC-20 standard for Web3 data structure

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The Graph advances from subgraphs to knowledge graphs as it hones the search options for Web3 developers.  from Cointelegraph.com News https://ift.tt/h8MUgAR

UK to deliver comprehensive crypto regulation framework by early 2025

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The Labour government is reportedly readying crypto, stablecoin and crypto asset regulations as Europe pulls ahead and the US changes its crypto policies. from Cointelegraph.com News https://ift.tt/1AZzX0s

SEC broker-dealer rule struck down by US courts, big win for crypto

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The crypto industry’s recent legal wins include the CFPB excluding crypto wallets from oversight and Gary Gensler’s planned resignation. from Cointelegraph.com News https://ift.tt/VNoYX6i

Trump mulls creating first White House crypto post: Report

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The role would be the first-ever crypto-specific White House role and may report directly to Trump, Bloomberg reported. from Cointelegraph.com News https://ift.tt/9QgI76h

A perfect storm is brewing for Bitcoin

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Reflexivity squared: How Bitcoin ETF options could lead to explosive price movements. from Cointelegraph.com News https://ift.tt/6xHJEgC

Bitcoin to $100K: What will milestone mean for derivatives markets?

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Bitcoin analysts and traders have long dreamed of a $100,000 BTC price, but what would the achievement mean for derivatives markets?  from Cointelegraph.com News https://ift.tt/akfxhAd

Coinbase to delist WBTC

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Coinbase has already discontinued market trading of WBTC and is only facilitating limit orders. from Cointelegraph.com News https://ift.tt/tmIUVQj

Paxos acquires Membrane Finance for EU stablecoin expansion

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Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license. from Cointelegraph.com News https://ift.tt/8kVIbFB

PayPal taps Xoom for cross-border stablecoin payments

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The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said. from Cointelegraph.com News https://ift.tt/6b2FyKD

18 US states file lawsuit against SEC, Gary Gensler: Law Decoded

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Consensys CEO Joe Lubin said SEC crypto cases will be settled or dismissed under the incoming Trump administration.  from Cointelegraph.com News https://ift.tt/PTGR3vb

Starknet will increase TPS 4X and reduce fees 5X within 3 months: CEO

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StarkWare is looking to reduce its already cheap fees as it anticipates a boom in blockchain activity and gas fees in the coming months. from Cointelegraph.com News https://ift.tt/uB5YK9x

'I put most of my wealth into Bitcoin, so I am fully committed' — RFK

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RFK Jr. has been a longtime Bitcoin advocate, praising its power to transmute currency inflation as US government debt tops $36 trillion. from Cointelegraph.com News https://ift.tt/1NHwXbt

SOL, AVAX, SUI and NEAR advance as Bitcoin price trades in the $90K zone

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Bitcoin maintaining above $85,000 improves the price prospects for SOL, AVAX, SUI, and NEAR. from Cointelegraph.com News https://ift.tt/CGEnYXy

Senator Lummis says Treasury should convert gold for Bitcoin reserve

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The United States government has the highest gold reserves in the world, with over 8,000 tons of the precious metal on its balance sheet. from Cointelegraph.com News https://ift.tt/HTt9USa

'More brutal than expected' — Lyn Alden on ETH/BTC post-election low

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Macro economist Lyn Alden admits she has been a “polite long-term Ethereum bear,” but she was surprised by Ether’s performance after the United States election. from Cointelegraph.com News https://ift.tt/U6EpNIL

Bitcoin long-term holders do not see $90K 'as an enemy' — Analyst

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A crypto analyst reiterates that "some of these" Bitcoiners have been “here for many years,” and $90,000 is the “first target” for profit-taking. from Cointelegraph.com News https://ift.tt/gjtdXvh

Saylor doubts $60K Bitcoin retrace, BTC ETF options, and more: Hodler’s Digest, Nov. 10 – 16

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Bitcoin trader eyes $100K price tag by Thanksgiving day in US, Bitcoin ETF options pass ‘second hurdle’: Hodlers Digest from Cointelegraph.com News https://ift.tt/5heqSkg

Ripple Labs and CEO come under fire amid rumors of a Trump meeting

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Ripple's native currency, XRP, surged by more than 17% on November 15, based on expectations of a friendlier regulatory climate in the US. from Cointelegraph.com News https://ift.tt/5u3NWJQ

Chainlink introduces the 'Chainlink Runtime Environment' framework

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According to Chainlink, the Common Businesses-Oriented Language (COBOL) standard facilitates approximately 95% of all ATM transactions. from Cointelegraph.com News https://ift.tt/Xagek0b

ETH nears $3k as Ethereum Foundation bets on its ‘long term perspective’

 The Ethereum Foundation has revealed its financial 2024 report, outlining its dedication to holding the “vast majority” of the treasury in ETH. Ethereum Ethereum eth 3.19% Ethereum makes up nearly all of the Ethereum Foundation’s treasury, with the non-profit revealing in its latest financial report that 99% of its $788.7 million crypto holdings are held exclusively in ETH. In its 27-page report, the foundation disclosed that as of Oct. 31, it held approximately $970.2 million in assets, with $788.7 million in crypto and $181.5 million in “non-crypto investments and assets.” “We choose to hold the majority of our treasury in ETH. The EF believes in Ethereum’s potential, and our ETH holdings represent that long term perspective.” The Ethereum Foundation Addressing recent sales of ETH, the organization said that its goal is to fund “important public goods for the Ethereum ecosystem for years into the future.” This is why the organization decided to foll...