Pennsylvania legislature mulls crypto task force bill

A bill to establish a crypto task force in Pennsylvania has been introduced in the state’s General Assembly. According to the details of HB1724 published by LegiScan, the proposed crypto task force will be mandated to examine the potential impact of widespread crypto and digital currency adoption in the state. A moderately partisan bill introduced …

Blockchain unicorn Fireblocks raises $310M

Blockchain infrastructure provider and crypto custodian Fireblocks has secured another $310 million in strategic investments, bringing its total valuation to $2 billion and marking another major milestone for the company. Michael Shaulov, CEO of Fireblocks, told Cointelegraph that the funding would go toward expanding internal capacity, including increasing the research and development and support teams. …

Newly found Monero bug may impact transaction privacy, developers warn

Developers of privacy-oriented cryptocurrency Monero (XMR) have identified a bug that could potentially impact users’ transaction privacy. On Monday, the official Monero Twitter account warned users of a “rather significant bug” that has been spotted in Monero’s decoy selection algorithm, a system designed to hide real output transactions among 10 decoys in a ring. First …

Ethereum 2.0 Now Has Over 200k Validators, 6.42M ETH Staked

The Ethereum 2.0 network now has over 200k validators The Ethereum 2.0 deposit contract now has 6.42 million ETH staked worth $14.857 Billion Kraken is the largest single depositor with 12.5% of all ETH in the contract Ethereum is back to trading above the 200-day moving average and could keep pushing higher with the London …

Is Cardano Ready To Erupt? Crypto Strategist Michaël van de Poppe Analyzes Path of Six Altcoins

As the crypto market shows signs of recovery, top trader Michaël van de Poppe is charting the paths ahead for six altcoins. In a new video, Van de Poppe says he’s looking at Cardano and notes that it is showing signs of weakness against Bitcoin (ADA/BTC) as it forms a descending triangle pattern. ADVERTISEMENT   …

Solana hackathon aims to bolster crypto innovation in India

Blockchain platform Solana announced an open invitation to Building out Loud, a hackathon venture exclusively for Indian developers and entrepreneurs. According to the official statement, Solana plans to launch the 3-week long event in collaboration with Devfolio and YouTube influencer Superpumped.  Solana’s announcement consists of a free and open invitation to “students, Web2 & Web3 developers, …

Crypto derivatives exchange Bitget to list USDC as collateral for margin trading

Derivatives exchange Bitget is set to become one of the first exchanges to list USD Coin (USDC) as collateral for trading crypto derivatives. The development comes courtesy of a strategic collaboration between the Singaporean crypto derivatives trading service and USDC stablecoin issuer Circle, as reported by Crowdfund Insider on Monday. Bitget will support USDC margin …

Yahoo! Japan works with Line to launch NFT trading

Major Japanese internet company Yahoo! Japan has partnered with messaging giant Line to launch nonfungible token (NFT) trading. Line officially announced Tuesday that its cryptocurrency-focused subsidiary LVC Corporation would collaborate with Yahoo! Japan to enable secondary trading of NFTs issued on Line’s proprietary blockchain. As part of the partnership, Yahoo! Japan would place Line blockchain-based …

Bitmart seeks restraining order to prevent hackers from selling fake BSV

The owner of crypto exchange Bitmart has filed a bid for pre-arbitration injunctive relief to prevent Chinese hackers from making illicit transfers using fraudulent Bitcoin SV (BSV) on its platform.  According to a July 26 report, GBM Global Holdings, Bitmart’s owner, filed its bid with a New York federal judge despite the fraudulent activities largely …

Goldman Sachs just launched a ‘DeFi’ fund…with zero DeFi coins

Expect Goldman to say one thing and do the other. A case in point is the influential US bank’s new ‘Innovate DeFi and Blockchain Equity ETF’ fund, which, despite its name, contains no exposure to any actual decentralized finance (DeFi) tokens. “The Index is designed to deliver exposure to companies that are aligned with two …

This key resistance level can hinder Bitcoin from reaching ATHs

This key resistance level can hinder Bitcoin from reaching ATHs Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin · Ethereum › Analysis Bitcoin jumped up by almost 15% on the back of Amazon integration reports yesterday. It has since tumbled back down. Rohan …

Currency.com U.S. CEO talks user experience, regulatory promise, and more

CryptoSlate recently sat down with Steve Gregory of Currency.com and formerly CEX, to talk about what’s happening in this exciting space and what types of changes everyone can prepare for moving forward. In terms of exchange experience, you’ve had the advantage of serving as CCO (Chief Compliance Officer) at CEX – are there particular rules …

Brazilian Authorities Seize $33 Million in Money Laundering Investigation Linked to Cryptocurrency Exchanges

The Brazilian authorities seized $33 million linked to a money-laundering investigation involving cryptocurrency exchanges. The operation, called “Exchange Transaction” by the Brazilian police, involved six search warrants in different locations of the country. These searches were directed to find shell companies that used cryptocurrency exchanges for alleged money laundering purposes. Brazilian Police Seize $33 Million …

Finder’s Experts Predict Ethereum Will Reach $4.5K This Year, $18K in 2025

Ethereum will have a very bullish year, according to a price prediction poll made by Finder. The average price that the second-ranked crypto asset by market capitalization will reach this year is about $4.5K, according to polled experts in the cryptocurrency industry. The panel is also bullish about ethereum long term, expecting a price of …

Africrypt Bitcoin Heist: Contradicting Reports About the Directors Whereabouts Surface

In a new twist to the Africrypt saga, two different reports have made contradicting claims about the whereabouts of Raees and Ameer Cajee, the two directors of the collapse bitcoin investment firm. However, both reports suggest the Cajees brothers had planned their escape prior to the alleged hacking incident in April. Vanuatu or Tanzania In …

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