Category: Cryptocurrency
El Salvador made history in September 2021 by becoming the first country to officially recognize Bitcoin as a legal tender. 4228 Total views 90 Total shares Businesses in El Salvador have been slow to adopt Bitcoin (BTC) ever since the country famously recognized the digital asset as legal tender in September 2021, according to a […]
The proposed European Union Regulation on Markets in Crypto Assets, or MiCA, (hereinafter the “regulation”) was put to a vote in the European Union Parliament’s Committee on Economic and Monetary Affairs on March 14, 2022, and in the end, the proposed amendment to ban or restrict proof-of-work-based crypto assets, which would have effectively resulted in […]
As a third-party vendor for BlockFi, Hubspot stored user data such as names, email addresses and phone numbers, which has been historically used for conducting phishing attacks. 5251 Total views 71 Total shares New Jersey-based crypto financial institution BlockFi confirmed a data breach incident via one of its third-party vendors, Hubspot. BlockFi’s proactive warning about […]
The amount of Ethereum‘s native token Ether (ETH) kept with crypto exchanges has fallen to its lowest levels since September 2018, signaling traders‘ intention to hold the tokens in hopes of a price rally in 2022. Notably, nearly 550,000 ETH — worth around $1.61 billion — have left centralized trading platforms year-to-date, according to data […]
As an old saying goes: Buy the rumor, sell the news. As a digital-native asset class, the prices of cryptocurrencies are clearly susceptible to market-moving news developments that instantly spread on the internet. Staying on top of bullish announcements can help crypto traders reap huge gains, but navigating the crypto news landscape can be daunting. […]
The crypto exchange admitted to operating in the province without registration after saying it would stop. 1126 Total views 22 Total shares Binance confirmed in an undertaking to the Ontario Securities Commission, or OSC, in Canada dated Wednesday that the crypto exchange will cease activities involving Ontario residents. Binance will also stop opening new Ontario […]
Cointelegraph journalists at South by Southwest, or SXSW, in Austin, Texas reported that NFTs were everywhere this year, marking a new phenomenon for what began as a music festival in 1987. Since evolving into a film, tech and general culture gathering, and after a two-year hiatus, SXSW added blockchain programming to the mix with crypto-related panels, blockchain company […]
The ACCC highlighted unapproved or endorsed “scam” ads featuring prominent Australian figures such as entrepreneur Dick Smith, TV host David Koch and former NSW premier Mike Baird, in particular. 2648 Total views 27 Total shares The Australian Competition and Consumer Commission (ACCC) is taking Meta Platforms, Inc. (formerly Facebook) to the Federal Court, alleging that […]
According to a series of mining metrics, not only are miners holding hard but they’re also dramatically increasing their hash rate. 3829 Total views 45 Total shares Bitcoin (BTC) miners are holding more and more Bitcoin while “relentlessly expanding” their operations in 2022. A report by Arcane Research indicates that publicly listed Bitcoin miners are […]
Bitcoin (BTC) narrowed its consolidation range on March 18 as the TradFi trading week looked set to end with $40,000 still in place. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders patiently await paradigm shift Data from Cointelegraph Markets Pro and TradingView showed BTC/USD preserving $40,000 support overnight and with it, the area highlighted as “crucial” […]