Multiple Bitcoin wallets linked to the now-defunct cryptocurrency exchange QuadrigaCX have moved funds after remaining dormant for three years. The wallet addresses transferred these funds […] Go to Source
Yearly archives: 2022
Financial Services Innovation Act Gets A Dusting Off
Patrick McHenry, the soon-to-be chair of the House Financial Services Committee from January 2023, has brought back legislation focused on crypto innovation. The legislation plans […] Go to Source
Coinbase CEO Brian Armstrong calls for regulation of crypto industry
Coinbase CEO Brian Armstrong published a Dec. 20 blueprint on regulating centralized actors in the crypto space while protecting decentralized innovations. Armstrong opined that regulating centralized entities like exchanges, stablecoin issuers, and crypto custodians would be the best thing for the industry. He said: “This is where we’ve seen the most risk of consumer harm, …
Continue reading “Coinbase CEO Brian Armstrong calls for regulation of crypto industry”
BlockFi one step closer to opening withdrawals, but not for majority of users
Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’ A weekly recap of key Bitcoin metrics affecting its price performance in the market, published every weekend. James Van Straten · 3 days ago Go to Source
Bitfinex closes week leading Bitcoin reserves according to Glassnode
CryptoSlate analysts examined the detailed proof-of-reserves of leading crypto exchanges outside of Coinbase and Binance. It revealed that Bitfinex holds the most significant Bitcoin (BTC) reserves, with $3.5 billion worth of BTC. The data was obtained on Dec. 16 from OKX, KuCoin, Crypto.com, ByBit, Binance, BitMEX, and Bitfinex. OKX follows Bitfinex with the second largest …
Continue reading “Bitfinex closes week leading Bitcoin reserves according to Glassnode”
Meta Will Continue to Push Metaverse Investments in 2023 According to Head Of Reality Labs
Meta will continue to invest in VR (virtual reality) tech in 2023, according to statements made by Andrew Bosworth, head of Reality Labs, the metaverse division of the company. While Meta has made some changes and adapted to the current shaky economic atmosphere, Bosworth states that the company is still committed to its metaverse pivot. …
‘Visibly Shaking’ FTX Co-Founder Hammers out a ‘Wasted Day’ in Court as Bahamian, US Legal Team Prep for Extradition
FTX co-founder Sam Bankman-Fried (SBF) had a difficult day in court on Monday according to a number of accounts that said SBF’s local attorney seemed to be in conflict with his U.S. legal team. Furthermore, courtroom reports noted that SBF dozed off for an extended period of time and had to be shaken awake by …
Meta VR Consultant John Carmack Leaves Company; Criticizes Inefficiencies of VR and Metaverse Projects
John Carmack, the founder of renowned company ID Software and executive consultant on VR for Meta, has announced he is leaving Meta. Among the reasons for this departure, Carmack signals that there are inefficiencies and self-sabotage at Meta that have affected the work that the company is doing regarding its VR (virtual reality) and metaverse …
HedgeUP Takes Off as Solana (SOL) and Cardano (ADA) Miss the Boat
Both crypto projects, Cardano and Solana, have faced many difficulties this year that have negatively impacted their value for different reasons. Investors have become more […] Go to Source
Toko Token Price Prediction – TKO Risks Further 40% Losses
Toko token (TKO) price made a stark jump on Monday, December 19, to reach a high of $0.4131, marking the highest level since December 9. […] Go to Source
Crypto Analyst Who Nailed Bitcoin 2018 Bottom Predicts Incoming Rally for BTC – But There’s a Catch
A crypto strategist who correctly called Bitcoin’s (BTC) 2018 bear market low says a bounce is likely in sight for the king crypto. Pseudonymous analyst Smart Contracter tells his 216,900 Twitter followers that he expects Bitcoin to rally in the near term before BTC ignites another leg down toward his target below $16,000. “Five-[wave] down …
Police body cam leaks suspect’s seed phrase during vehicle inspection
While self-custody is considered the ultimate way to secure one’s funds, many fail to acknowledge the risks associated with physically storing seed phrases. A search conducted by the State Police agency for Nevada ended up making a suspect’s seed phrase public after being picked up by the body cam. A viral video making rounds on …
Continue reading “Police body cam leaks suspect’s seed phrase during vehicle inspection”
Coinbase CEO: Regulate centralized actors but leave DeFi alone
Coinbase CEO Brian Armstrong has pushed for stricter regulations on centralized crypto actors but says decentralized protocols should be allowed to flourish given that open-source code and smart contracts are “the ultimate form of disclosure.” Armstrong shared his views on cryptocurrency regulation in a Dec. 20 Coinbase blog where he proposed how regulators can help …
Continue reading “Coinbase CEO: Regulate centralized actors but leave DeFi alone”
Visa Plans Auto–Payments From Self Custodied Wallets
Visa has suggested a blockchain account structure, which will potentially allow Ethereum users to arrange auto-payments from a self-custodied wallet. The payment giant’s approach allows […] Go to Source
BinaryX Price Explodes 22% As Bulls Close in on $130, Time to Buy?
BinaryX (BNX) price flips bullishly strong amidst a cryptocurrency market engulfed in strong headwinds. The Metaverse token is up 22% on the day and is […] Go to Source