In an unexpected turn of events, Dogecoin, the cryptocurrency that originated as a lighthearted joke, witnessed a substantial increase of more than 30% in its value after Twitter chose to swap its logo with the iconic Shiba Inu dog symbol associated with Doge. The Dogecoin community on Twitter couldn’t contain their excitement when they saw […]
Binance CEO Changpeng “CZ” Zhao appears to have softened his stance on central bank digital currencies (CBDCs), arguing in a conference that he doesn’t think CBDCs are a threat to his company or the crypto sector. CZ spoke at the Web Summit in Lisbon on Nov. 2 about CBDCs and their role in the crypto […]
The Robinhood CEO also announced the brokerage firm’s plans to expand the Robinhood Wallet internationally in the months to come. 157 Total views 2 Total shares Crypto and stock trading platform Robinhood highlighted lagging cryptocurrency revenue in the third quarter of 2022, though the results will do little to dampen its ambition to serve the […]
When programmer Jonathan Silverblood flew to Townsville, Australia from his Finland home for a two-and-a-half-month holiday in August, he had one main task — pay for everything he could using Bitcoin Cash (BCH). The coastal city of Townsville is known as the “Bitcoin Cash City,” a name derived from a conference of the same name […]
Gary Gensler used examples of SEC enforcement against BlockFi and a former Coinbase employee in justifying the agency’s approach to violations of U.S. securities laws. 1379 Total views 10 Total shares United States Securities and Exchange Commission Chair Gary Gensler cited major enforcement actions against crypto firms as part of the “economic realities” of securities […]
Australian and U.S. digital asset lawyers told Cointelegraph that by and large, the words on their own as “pretty useless.” 987 Total views 72 Total shares Crypto influencers may need to practice what they preach and “do their own research” when it comes to sharing their crypto tips. According to several digital asset lawyers, the […]
The Fed acted as expected, with comments from Chair Jerome Powell still to come as BTC/USD wakes up. 1938 Total views 29 Total shares Bitcoin (BTC) saw instant volatility on Nov. 2 as the United States Federal Reserve enacted a fourth consecutive 0.75% interest rate hike. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed hints […]
The crypto executive cites lower labor costs and business acquisition costs as key factors. 778 Total views 28 Total shares During a live panel at the Web Summit in Lisbon, Changpeng Zhao (colloquially styled as CZ), CEO of cryptocurrency exchange Binance, shared his viewpoint on why it’s so important for crypto projects to continue their […]
On the DeFi side of things, BNB Chain suffered a 93% decrease from Q3 of 2021 but has since shown signs of steady recovery. 1208 Total views 33 Total shares After a year-long struggle to fend off the market bears, parts of the crypto ecosystem started showing signs of recovery in the third quarter of […]
The company may relocate up to 200 employees from Seychelles to one of the Caribbean jurisdictions. 1522 Total views 12 Total shares Chinese crypto exchange Huobi, which recently has had to disavow the rumors about massive layoffs inside the company, unveiled the plans to move its headquarters to one of the jurisdictions in the Caribbean, […]