Analysts expect Bitcoin price to retest $11,000 after favorable macro factors improve BTC’s technical setup. The price of Bitcoin (BTC) is nearing $11,000 once again after a shaky start to October. Last week BTC fell below $10,500 but on Oct. 9 the price swifty recovered to $10,940. In the short term, there are three factors […]
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Cosmos have announced a new bug bounty to rigorously vet the forthcoming Stargate upgrade to ensure no vulnerabilities are missed. In the lead up to its major network upgrade Stargate, Cosmos (ATOM) has announced a three-month-long bug bounty with double rewards to improve the software’s robustness prior to release. The key Stargate upgrade will complete […]
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“There are many reasons why the price of Bitcoin can rise or fall, but S2F is not one of them”, contends report author. A report authored by the research team of ByteTree purports to debunk one of the most popular Bitcoin (BTC) valuation models — Stock-to-Flow. The model provides a very optimistic forecast for Bitcoin, […]
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The US government says they have broad extraterritorial jurisdiction over crypto-related businesses. The Cryptocurrency Enforcement Framework issued by the U.S. Department of Justice stipulates a number of cases where it will exert its authority over foreign actors: “where virtual asset transactions touch financial, data storage, or other computer systems within the United States”, if they […]
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Major cloud service providers are showing increased interest in joining blockchain networks. Blockchain is undergoing a critical turning point, shifting from an emerging technology into a useful business tool that enterprises want to incorporate into existing IT stacks. As more companies continue to explore how blockchain can help achieve digital transformation, major cloud service providers […]
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Ethereum liquidity will no longer have to go through FTX to reach Solana. Solana, the smart contract platform that recently entered the spotlight thanks to FTX’s Serum, announced the upcoming release of what it says is a decentralized bridge for Ethereum ERC-20 tokens. Called Wormhole, the bridge would allow users to transfer value between the […]
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CoinLinked, the social network platform launched by Wall St. veteran Jenny Q Ta, hopes to raise $5 million in a regulated security token offering. Blockchain-based social network and commerce platform CoinLinked plans to raise $5 million in a regulated security token offering (STO). The California tech company will allow accredited U.S. investors (Reg D) and […]
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BitMEX not playing by the rules today means added regulatory consequences tomorrow. Cryptocurrency derivatives exchange BitMEX has not played ball by U.S. regulatory rules, which hurts the crypto industry as a whole, according to David Carman, a former veteran Chicago Board Options Exchange trader. Carman currently helps head up a Chicago-based global crypto regulatory association, […]
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The bank is shutting down the SWIFT network as protests rocked the country. The central bank of Kyrgyzstan has disabled cross-border transactions on the SWIFT financial network amid widespread unrest over the country’s disputed parliamentary elections. Aida Karabaeva, an official representative of the National Bank of the Kyrgyz Republic, announced a temporary suspension of SWIFT […]
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Although it’s still impossible to pay with ETH where only BTC is accepted, cryptocurrency interoperability is being explored. Today, paying for purchases in cryptocurrencies no longer seems like something out of the ordinary. Many online stores accept Bitcoin (BTC) and other coins along with traditional currencies, while in some cafes, cryptocurrency holders can even pay […]
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