Unspent Transaction Outputs (UTXOs) are often referred to as the fundamental building block of Bitcoin. As the Bitcoin network is built on an accounting model based on unspent outputs, they can be used to measure the overall state and growth of the network. Changes in the cumulative value settled through UTXOs, their number, and the …
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Indian crypto exchanges lost around 97.1% of their trading volume between January and October 2022, according to recent research. The report by Indian technology policy think tank Esya Centre studied three major Indian exchanges, including WazirX, CoinDCX, and Zebpay. The study bears significance since it provides the first monetary estimate of the impact of India’s …
Continue reading “India’s crypto tax could cause CEXs to lose $1.2T trading volume by 2026”
Coinbase will pay $50 million as penalty and spend $50 million over 2 years to fix the deficiencies in its compliance systems. 2 min read Updated: January 4, 2023 at 4:32 pm Cover art/illustration via CryptoSlate Coinbase will pay a penalty of $50 million for failing to comply with the New York Banking Law and …
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Solana-based memecoin BONK airdropped over 50% of its total supply across 25 holders out of roughly 98,000 holders of the coin — the project has yet to release an official whitepaper. 1 min read Updated: January 4, 2023 at 1:49 pm Cover art/illustration via CryptoSlate Solana-based memecoin “BONK” — which has gained rapid media attention …
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Nike RTFKT COO Nikhil Gopalani said on Jan. 3 that he lost all his NFTs to a “clever phisher” who hacked his wallet. Gopalani tweeted that the hacker stole all his Clone X NFTs and other unnamed digital assets in a phishing attack. He added that the hacker had same phone number as his Apple …
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Solana extended recent gains on Wednesday, as the token rose by as much as 15% in today’s session. The move saw prices hit their highest point since mid-December, and comes as market sentiment has shifted in a bullish direction. Cardano was also in the green, as it hit a one-week high today. Solana (SOL) Solana …
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On Jan. 3, 2023, the former FTX CEO Sam Bankman-Fried (SBF) pleaded not guilty to eight criminal charges that involve two counts of wire fraud and six counts of conspiracy. In addition to the not guilty plea, SBF’s judge Lewis Kaplan granted the defendant’s request to keep the names of his $250 million bond signees …
Ethereum rose to a three-week high on Jan. 4, as markets prepared for the release of the latest Federal Open Market Committee (FOMC) minutes. Wednesday’s report will likely show the U.S. Federal Reserve’s view on the economy, and further detail its reasoning behind a policy pivot. Bitcoin was also higher, rising to an eight-day high. …
Continue reading “Bitcoin, Ethereum Technical Analysis: ETH Hits 3-Week High Ahead of FOMC Minutes”
The Nigerian crypto exchange Roqqu recently announced that it obtained a virtual currency license that allows it to offer its services in 28 European countries. According to Israel Ololade, the head of product at Roqqu, the European Union license “aligns with the brand’s drive to become the number one blockchain and crypto company globally.” Crypto …
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A popular crypto trader says he’s keeping a close watch on the stock market to see whether Bitcoin (BTC) and the rest of the crypto markets could start the new year with a bang. Pseudonymous analyst Kaleo tells his 553,500 Twitter followers that the S&P 500 (SPX) needs to take out a key resistance level …
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New York regulators announced on Jan. 4 that cryptocurrency exchange Coinbase will pay a $50 million fine and invest a further $50 million in its compliance program, following a settlement with the New York State Department of Financial Services. The fine was issued after regulators found the company had allowed customers to open accounts without …
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The fundamental aspects of Bitcoin (BTC) continue to power global financial inclusion, financial privacy and autonomy in conflict-affected nations despite difficult macroeconomic and cryptocurrency market conditions over the past year. These are the key takeaways of an in-depth interview with Prince Philip of Serbia and Yugoslavia conducted by Cointelegraph Brasil’s Cassio Gusson as 2023 gets …
Hackers have started the year with another exploit, with several million being taken from a whale holding large amounts of decentralized finance (DeFi) protocol GMX’s native token. On Jan. 3, various community members saw suspicious movements of GMX tokens. Following this, security firms CertiK and PeckShield flagged the transactions as an exploit that drained $3.4 …
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The United Kingdom’s National Crime Agency (NCA) is taking measures to increase its focus on cryptocurrency crimes and combat criminals. NCA’s cyber-focused command, the National Cyber Crime Unit (NCCU), is launching a dedicated cryptocurrency unit to investigate U.K. cyber incidents involving the use of cryptocurrencies like Bitcoin (BTC). Called “NCCU Crypto Cell,” the crypto-focused unit …
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The Bitcoin price prediction shows that BTC is trading at $16,837 as the coin seems to be preparing for another upward movement. Bitcoin Prediction Statistics […] Go to Source
