Bitcoin To Explode Fast After Overcoming Major Resistance, Says Popular Crypto Strategist – Here Are His Targets

A popular crypto analyst is predicting Bitcoin (BTC) will break through a major resistance and go on an explosive rally. In a new YouTube strategy session, crypto trader Michaël van de Poppe tells his 164,000 subscribers that Bitcoin is on the verge of soaring beyond $30,000. He says Bitcoin is likely to dip back into …

One Altcoin Is Significantly Outperforming Bitcoin and Crypto Markets Amid Collapse in Trust, Says Analyst

A popular crypto trader is analyzing how one decentralized exchange (DEX) altcoin has outperformed the vast majority of the crypto market in the past month. In a new YouTube video, the anonymous host of InvestAnswers tells his 444,000 subscribers that GMX has significantly outperformed Bitcoin and the altcoin market at large despite the ongoing crypto …

BitGo declined Alameda’s attempt to redeem 3,000 WBTC

BitGo CEO Mike Belshe said the firm declined the request because the Alameda representative that reached out failed the security verification process. 2 min read Updated: December 15, 2022 at 11:55 am Cover art/illustration via CryptoSlate BitGo CEO Mike Belshe revealed that the firm declined Alameda Research’s request to redeem 3,000 Wrapped Bitcoin (WBTC) a …

Pro-crypto Congressman Tom Emmer looks to reintroduce bill to protect non-custodial blockchain service providers

Congressman Tom Emmer’s Blockchain Regulatory Certainty Act seeks to protect non-custodial blockchain service providers from registering as money transmitters.  2 min read Updated: December 15, 2022 at 10:53 am Cover art/illustration via CryptoSlate U.S. Congressman Tom Emmer is looking to reintroduce a bipartisan bill aimed at excluding non-custodial blockchain service providers from registering as custodial …

Court filing reveals FTX co-CEO Ryan Salame blew the whistle

FTX co-CEO Ryan Salame tipped off Bahamian regulators on Nov. 9 that the exchange was sending its customers’ funds to Alameda Research, according to a Dec. 14 court filing. Salame told the Securities Commission of the Bahamas (SCB) that only three people could make such transfers. These people included FTX founder Sam Bankman-Fried, co-founder Zixiao “Gary” …

Relying on Centralized Databases Makes Dapps Vulnerable to Data Tampering Says Nate Holiday

Decentralized applications (dapps) are prone to data tampering because they “are largely built on top of centralized databases and services,” the CEO of Space and Time Nate Holiday has said. The CEO also shared a list of data tampering risks which he said are specific to data warehouses. Companies Relying on Centralized Databases and Services …

Russian Social Media Giant Vkontakte Launches NFT Service

Russia’s largest social network, Vkontakte, has launched a feature allowing users to upload digital collectibles to the platform. Account holders will also be able to buy and sell them in the future as the company intends to establish a marketplace for non-fungible tokens. Vkontakte Users to Showcase Their NFTs, Set Them as Avatars The leading …

Top Crypto Analyst Predicts Bitcoin Turnaround After the Second-Longest BTC Bear Market – Here’s the Timeline

Widely followed cryptocurrency analyst Benjamin Cowen is expressing a bullish outlook for Bitcoin (BTC) over the coming months. Cowen tells his 778,000 YouTube subscribers in a new video that Bitcoin could start a bullish reversal later next year ahead of the flagship crypto asset’s scheduled halving in 2024 and the possible loosening of monetary policies …

FCA’s incoming chair calls for further crypto regulation

The Financial Conduct Authority’s (FCA) recently appointed chair has presented an unfriendly attitude toward cryptocurrencies in a cross-party Treasury select committee meeting. Ashley Alder, who will assume control of the FCA in February 2023, described cryptocurrency-related businesses as ‘deliberately evasive’ and suggested the sector facilitated money laundering during the meeting with Treasury members on Dec. …

Opera launches security tools to protect users against malicious Web3 actors

Web3 browser Opera has announced a new set of security tools intended to help its users mitigate common risks associated with malicious actors in the Web3 ecosystem. The new set of security tools called Web3 Guard is a suite of browser security features that promises to protect users against malicious decentralized applications (DApps), seed phrase …

The Future of DeFi Is Bright – But Not Glamorous

HodlX Guest Post  Submit Your Post   DeFi’s (decentralized finance) days of operating at the foremost exterior of the Web 3.0 tech stack as the crypto space’s leading application front-ends are coming to end – and that’s a good thing. Simply put, DeFi’s destiny is further down the tech stack as supporting infrastructure for ecosystems, GameFi and …

SEC approves 9 more WisdomTree ‘blockchain-enabled’ funds

The U.S. Securities and Exchange Commission (SEC) has given the green light to nine more blockchain-enabled funds from $82 billion asset manager WisdomTree. None of these funds track crypto assets themselves, but the firm does utilize the Ethereum and Stellar blockchains to keep a secondary record of share ownership, thus making them blockchain-enabled or “digital …

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