HodlX Guest Post Submit Your Post Altair is the nearest upcoming hard fork on the Ethereum 2.0 blockchain – the Beacon Chain. Is it important or not? Something in between. Altair is the last upgrade we are going to see before ‘the Merge’ – the most anticipated milestone in the Ethereum development plan. Altair will implement …
Category archives: Trending Crypto news
Former Comptroller Brian Brooks gets a new gig as Bitfury CEO
Former Comptroller of the Currency and Binance.US CEO Brian Brooks has been announced as the new CEO of crypto (BTC) mining firm BitFury. According to a Nov. 4 announcement from Bitfury, Brooks was appointed last Friday and he will lead the firm as it prepares for a new funding round. Bitfury founder and former CEO …
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Raoul Pal: Expect the ‘path of most pain’ around December
Former Goldman Sachs hedge fund manager and founder of Real Vision, Raoul Pal, believes that the social media pundits are wrong and the crypto market cycle won’t end this year. But things might get a bit hairy on the way. In a Real Vision interview on Nov. 3rd Pal predicted that the current bull run …
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Korea’s FSC confirms that NFTs will not be regulated
The Financial Services Commission (FSC) in South Korea reaffirmed in a public statement today that nonfungible tokens (NFT) are not virtual assets, and will not be regulated. The confirmation of the decision to keep NFTs unregulated came after a review of the Financial Action Task Force’s (FATF) updated guidelines. The October 28 guidance report from …
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Should Zuck lead us to the Metaverse? Crypto leaders weigh in
Crypto leaders are divided over whether Mark Zuckerberg should lead Facebook into the Metaverse, with Hodl Asset’s Jenny Ta saying he needs to resign if Meta is to succeed while Animoca’s Yat Siu says Zuck is the only one who can drive the company forward. Ta is the Chief Operating Officer (COO) of nonfungible token …
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BetaShares crypto company ETF smashes Australian records on opening day
Australian fund management company BetaShares’ new crypto company ETF smashed Australian Securities Exchange (ASX) records within the first 15 minutes of listing. The Capital Appreciation Portfolio Diversification (CRYP) fund enables investors to gain exposure to 50 pure-play listed crypto companies from around the world such as exchanges, mining companies and equipment firms. Some of the …
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ANZ bank executive: The ‘weight of money’ means crypto can’t be ignored
One of the ANZ bank’s senior executives has told a Blockchain Australia forum that the crypto sector has grown too big to be ignored by traditional finance. The comments came a day after rival Commonwealth Bank announced that it would roll out crypto trading services for 10 digital assets via its Commbank app. The “State …
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Shanghai Man: $130M hack raises suspicions, Chinese miners head to Laos, Huobi’s moon mission – Cointelegraph Magazine
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. It was a quiet week in the mainland as much of the Chinese crypto community was either lying low, off in Lisbon, or …
NY Mayor-elect Eric Adams will take his first three paychecks in Bitcoin
New York Democrat Mayor-elect Eric Adams revealed on Twitter today he intends to take his first three paychecks in Bitcoin. Adams also doubled down on his plans to make New York the “center of the cryptocurrency industry” after he takes office in January. The clear statement of political support for cryptocurrency came in response to …
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ACX’s parent company Blockchain Global collapses owing $15M
Blockchain Global (BGL), the parent company of the now-defunct Australian crypto exchange ACX, has collapsed with outstanding debts of $15 million. On Sept. 13, The Victoria Supreme Court placed a freeze order on 117.33 Bitcoin (BTC) —worth around $7.1 million — held by two companies behind the exchange, BGL and ACX Tech. Three days later …
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Avoiding Cryptocurrency Scams – Squid Game Token and Other DeFi Risks
DYOR – or ‘do your own research’ – is a concept I think every investor should know about. It’s as close to a golden rule as anything in the world of crypto, but it applies even more broadly to anything you’re planning to invest in – from Bitcoin and bonds, to stablecoins and stocks. Earlier this week, the anonymous …
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Crypto Analyst Michaël van de Poppe Warns Traders Chasing Ethereum, Updates Outlook on Bitcoin and Cardano
Popular crypto trader Michaël van de Poppe is taking a look at the state of Bitcoin, Ethereum and Cardano. Van de Poppe tells his 469,000 Twitter followers that a bullish divergence may be forming for the smart contract platform Cardano (ADA). Van de Poppe notes that Cardano’s previous high from March may be turning into …
Popular Crypto Strategist Inmortal Identifies Bitcoin’s ‘Final Boss,’ Gives Altcoin Update
A prominent crypto trader says that he’s identified the final level Bitcoin (BTC) needs to hurdle before sparking a massive rally. Inmortal tells his Telegram subscribers that the $64,000 level is Bitcoin’s “final boss” before it expands and never looks back. However, he says the top crypto could dip before pushing past its final foe. …
Mythical Games announces $150M raise as the company expands into NFTs
Mythical Games announced the conclusion of a $150 million fundraising round. The company conducted the raise at a $1.25 billion valuation on Thursday, which was led by global venture capital firm Andreessen Horowitz. Mythical said it plans to use this new infusion of capital to help integrate NFTs into games. Andreessen General Partner Arianna Simpson …
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Colombian exporter developing cryptocurrency to help transport long-horned beetles to Japan
As reported by Reuters Thursday morning, Tierra Viva (“Alive Earth”), a Colombian exporter of long-horned beetles based in Tunja, has been developing its own cryptocurrency to avoid high commission costs on international sales. According to the outlet, the Hercules, Neptunus, and elephant beetle species exported by Tierra Viva have a retail price of $300 a …