Bitcoin core developer steps back from Lightning Network over “hard dilemma”

Antoine Riard believes the Bitcoin community faces a “hard dilemma” as a new class of replacement cycling attacks threatens the Lightning Network. News Join us on social networks Security researcher and developer Antoine Riard is stepping down from the Lightning Network’s development, citing security issues and fundamental challenges to the Bitcoin ecosystem.  According to a …

Top Crypto Exchange Binance To Shutter Visa Debit Card Program in Europe

Binance is shutting down its crypto-powered Visa debit card in Europe. The top global crypto exchange by trading volume says Binance Card services will stop working in the European Economic Area (EEA) in December. Binance notes that customer accounts won’t be impacted. The exchange urges European customers to transition to Binance Pay, the company’s crypto payment …

Uniswap founder burns $650B HayCoin against speculation

Uniswap’s Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20 over concerns about price speculation. News Join us on social networks Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X (formerly Twitter). The majority of the tokens have been removed from …

Hong Kong to crack down on crypto money launderers in the aftermath of $193M JPEX scandal

Hong Kong’s Customs and Excise Department is looking to tighten regulatory measures to address the money-laundering risks associated with cash-for-crypto shops, South China Morning Post reported on Oct. 21. The decision comes after police arrested some of these store owners in connection with the alleged $192.7 million fraud perpetrated JPEX crypto exchange. In Hong Kong, …

US Chamber of Digital Commerce files motion to dismiss SEC case against Binance, likens it to suing grocery store

The ongoing battle between the U.S. Securities and Exchange Commission (SEC) and Binance, a global cryptocurrency exchange, has received vocal support from the U.S. Chamber of Digital Commerce, a prominent crypto advocacy group. In an amicus brief filed on Oct. 19, the organization asserted that the SEC’s actions against Binance’s U.S. operations are akin to …

Trader Says Bitcoin Cash (BCH) Set To Go Higher, Updates Outlook on Rollbit (RLB) and an Under-the-Radar Altcoin

A widely followed crypto analyst is expressing bullish sentiment on Bitcoin Cash (BCH) after a sudden move to the upside. Pseudonymous crypto trader Altcoin Sherpa tells his 196,800 followers on the social media platform X that BCH could soar 25% from its current value. “BCH: no clue why this is pumping so well but keep …

Crypto Analyst Tone Vays Issues Bitcoin Alert, Warns Traders Not To ‘Go Crazy’ As BTC Soars by 10% This Week

Veteran crypto trader Tone Vays is predicting that Bitcoin’s (BTC) latest rally will end before reaching a key level. In a new strategy session, Vays tells his 122,000 YouTube subscribers that despite BTC’s 10% surge this week, he does not believe the king crypto will hit the $32,000 level. “Let’s not go crazy here. I …

Top Analyst Who Accurately Predicted 2022 Crypto Bottom Unveils New Bitcoin Position – Here Are His Targets

A widely followed crypto analyst who called the crypto bottom in November of 2022 says he has re-entered the market with a new long position on Bitcoin (BTC). The analyst pseudonymously known as DonAlt tells his 509,700 followers on the social media platform X that he entered a long position on Bitcoin at approximately $27,000. …

Patricia exchange CEO announces debt restructuring via convertible notes

Patricia’s CEO also revealed that these shares will be managed by a Securities Exchange Commission (SEC)-licensed trusted third-party trustee to ensure complete transparency. News Join us on social networks Following the launch of Patricia token (PTK) issued to customers to manage users’ debt by Patricia, a Nigerian cryptocurrency exchange, the chief executive officer of the …

Advancing mining efficiency in light of Bitcoin’s diminishing returns

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

Bitcoin To ‘Usher In a Huge Push’ Towards $70,000 BTC Price Once This Happens, Says Crypto Analyst Kevin Svenson

Crypto trader Kevin Svenson is expressing bullish sentiment on Bitcoin (BTC) amid the flagship digital asset revisiting a four-month high. Svenson tells his 70,500 YouTube subscribers in a new video that once Bitcoin converts a key resistance level into support, BTC could appreciate by about 130% from its current price. “Ultimately, once we do get …

FTX clients face deceptive priority withdrawal scam

FTX users have reported receiving deceptive emails purportedly sent by FTX Trading, West Realm Shires Services and FTX EU. News Join us on social networks FTX users are reportedly being targeted in a withdrawal scam. X (formerly Twitter) user and FTX creditor advocate Sunil cautioned FTX account holders about the phishing scam and urged them …

Crypto-friendly Rep. Tom Emmer pursues nomination for House speaker

Tom Emmer has been “making calls” to secure a nomination for the speaker role, and it could be a boon for the crypto sector if he were to be voted in. News Join us on social networks Crypto-friendly Republican Representative Tom Emmer is pursuing a nomination to become speaker of the United States House of …

Mysterious Withdrawals Hit Customers at Major US Bank, Plunging Some Accounts Into the Negative: Report

Customers at one of America’s biggest banks are reportedly seeing erroneous withdrawals hit their accounts. Concerns over unexplained withdrawals at Wells Fargo tagged as “debit card pending correction” began circulating on social media a week ago, with thousands of people calling out the bank, reports the CBS-affiliated news station WNCT. The unexplained charges siphoned as …

Third week of SBF trial details lavish spending of customer funds on real estate, endorsements, and more

The third week of Sam Bankman-Fried‘s (SBF) trial started with more explosive revelations as former FTX engineering director Nishad Singh took the stand to testify against the former billionaire. Following Singh’s confession and revelations, forensic accountants and FTX‘s former general counsel took the stand to give more insight into the misuse of customer funds between …

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