Aussie crypto companies keen to embrace regulations says senator

Australian Senator for New South Wales Andrew Bragg has asserted that robust regulations would “bring credibility and validity” to the country’s emerging digital asset sector. Speaking to local publication Finder on November 2, the chairperson of the Senate Committee on Australia as a Technology and Financial Centre, commented that the country’s crypto sector has shown …

Crypto founders top young Australian rich list

The AFR’s list contains 87 of Australia’s richest entrepreneurs aged 40 and under, with each boasting a net worth greater than AUD 36 million ($26.9 million). The list is topped by Melanie Perkins and Cliff Obrecht, the co-founder and chief operating officer (COO) of popular graphic design software providers Canva. The married couple has an …

Avalanche creates $200 million fund to lure top crypto devs

The Avalanche Foundation has unveiled “Blizzard” — a fund offering more than $200 million in incentives to developers who build on the Avalanche (AVAX) network. The fund will provide liquidity to those early-stage projects that innovate decentralized finance (DeFi) applications, nonfungible tokens (NFTs), and other products on Avalanche. Avalanche is a Proof-of-Stake network that launched …

Argo Blockchain mines record 597 BTC during Q3 2021

Cryptocurrency mining firm Argo Blockchain has just released its Q3 financial report detailing record setting revenues for the period. The London headquartered company reported that it had mined 597 BTC and “BTC equivalents” during the third quarter of 2021. At current prices, Argo’s Bitcoin haul would be worth roughly $36.5 million. As of Sept. 30, …

‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary

A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store …

Goldman Sachs Predicts Ethereum Could Hit $8,000 This Year

Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019. Ether Could Reach $8K by Year-End, According to Goldman Sachs Goldman Sachs has reportedly explained in a research note circulated by …

Crypto Exchange Kraken Set to List Shiba Inu Tomorrow — SHIB Investors Expect Price to Pump

Cryptocurrency exchange Kraken has indicated that the shiba inu (SHIB) cryptocurrency will be listed on its platform on Tuesday. The dogecoin rival has gained much popularity recently, rising 97% in the past seven days and 825.5% in the last 30 days. Kraken Indicates Shiba Inu Will Be Listed on Its Platform Tuesday Cryptocurrency exchange Kraken …

Bitcoin Price Prediction: BTC/USD Price Battles with $63,000

Bitcoin Price Prediction – November 1 The Bitcoin price is likely to spread the bearish move to areas below $61,000 after numerous attempts to hold gains above $65,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $68,000, $70,000, $72,000 Support Levels: $54,000, $52,000, $50,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD falls …

Fast, Secure 2-of-2 ECDSA using DKLs18

We’ve already discussed the general notions of digital signatures and threshold signatures in a prior post. At Coinbase, we’ve focused our attention specifically on two-party threshold signing; we’ll discuss this setting in this post. DKLs: an introduction. While threshold-signing protocols for the Schnorr and BLS schemes are relatively straightforward, threshold ECDSA is much harder. A number …

Genesis Digital Assets announces new data center in Texas

Major U.S.-based Bitcoin (BTC) mining firm Genesis Digital Assets is building a new data center in West Texas.  According to the firm’s Nov.1 announcement, the new industrial-scale BTC mining data center will have a capacity of 300 megawatts and will operate using unspecified “sustainable infrastructure.” Its energy will be sourced from the Electric Reliability Council …

Top U.S. banks offer big incentives to lure crypto talent

Top U.S.-based banks and financial institutions have filled more than 1,000 positions for crypto experts in the past three years. According to a Nov. 1 report from Bloomberg, financial institutions are offering significant bonuses to attract crypto talent, with human resource consultant Johnson Associates estimating that crypto positions pay salaries that are between 20% and …

Institutional Investors Are Pouring Capital Into Bitcoin, Ethereum, Solana and Two Additional Altcoins: CoinShares

Digital asset manager CoinShares is detailing a shift in the way institutions are allocating capital to Bitcoin and the altcoin markets. According the firm’s latest report, a tidal wave of inflows triggered by the launch of the first Bitcoin (BTC) futures exchange-traded fund (ETF) in the US has evened out.   The asset manager says …

Bitcoin To Challenge Gold as an Asset and Have Big Q4 Rally, According to On-Chain Analyst Willy Woo

Popular on-chain analyst Willy Woo sees Bitcoin (BTC) as an emerging challenger of gold and expects the leading crypto to ignite a strong uptrend at the tail end of this year. In a new interview, Woo notes that Bitcoin is only a few more multiples away from matching gold’s financial cap of about $4 trillion. …

NFL quarterback Aaron Rodgers will accept part of $22M salary in Bitcoin

Aaron Rodgers, quarterback for the Green Bay Packers football team, has said he will be taking part of his National Football League salary in Bitcoin. In a video posted to his Twitter account on Nov. 1, Rodgers — dressed as fictional character John Wick, likely for Halloween — said he would be partnering with Cash …

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