Bitfinex shorts crumble, bears capitulate after Bitcoin holds above $30K
$726 million in Bitfinex shorts were quickly closed after Bitcoin price bounced at $30,500, leading traders to speculate whether bears...
Month: June 2021
Ethereum Classic devs announce upcoming hard fork
Ethereum Classic gets a major upgrade in July. Here’s how it will save users on gas fees. On Monday, developers...
Bitcoin Price Prediction: BTC/USD Warms Up For $40,000
Bitcoin Price Prediction – June 28 The Bitcoin price is finally seeing a glimpse of hope today with a decent...
Germany’s financial watchdog approves crypto custody license for Coinbase
Since January 2020, all crypto firms operating in the German market have required BaFin approval. The Federal Financial Supervisory Authority...
Morgan Stanley equity fund owns 28.2K shares of Grayscale Bitcoin Trust, per SEC
The investment bank reported owning a significant stake in GBTC as of April 30, according to a recent filing with...
Internet Computer (ICP) logs revenge recovery after crashing 95% since launch
The long-awaited rebound came as the community accused the Internet Computer team of dumping $6 billion worth of ICP tokens....
Crypto miner Hut 8 plans to hold 5K Bitcoin by 2022
Hut 8 CEO Jaime Leverton said the firm was on track to mine up to 3 additional BTC per day...
New York Fed president says crypto poses challenging questions for central banks
John Williams responded to a presentation from Mark Carney, the former head of the Bank of Canada and Bank of...
Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The...
As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate
The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption...
PORT Network: DApp to Harness Sustainable Processing Power for Both Cloud and Volunteer Computing
PRESS RELEASE. With an ever-increasing demand for computing power, PORT Network launches the first dApp to merge both Cloud and...
Korean Banks to Be Relieved of Liability for Crypto-Related Crime, Report Suggests
Banking institutions in South Korea have reportedly requested to not be held accountable for crimes linked to cryptocurrencies such as...
Singapore’s central bank offers cash prizes for digital currency ideas
The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and...
Polygon announces scalable data availability infrastructure Avail
The Polygon team is set to launch a data availability solution for sidechains and layer-two protocols. Ethereum (ETH) scalability infrastructure...
Iron Finance bank run stings investors — A lesson for all stablecoins?
The Iron Finance stablecoin fiasco caused cries for regulation and shed light on the importance of complete collateralization. The cryptoverse...
