Category: Cryptocurrency

Mar 16
Answering a morbid question: What happens to your Bitcoin when you die?

Passing on your crypto to your friends or family has been a worry to some, but an exchange claims that it has the solution. 1768 Total views 6 Total shares When Bitcoin (BTC) traders pass away, their BTC may forever be lost within the blockchain if they haven’t given anyone else access to their wallets. […]

Mar 16
Biden’s pick for Fed vice chair for supervision withdraws amid Republican objections

“We are witnessing a drive to make financial risk a tawdry political issue,” said Sarah Bloom Raskin. 1262 Total views 24 Total shares Former Federal Reserve Board governor Sarah Bloom Raskin has withdrawn her name for consideration as the central bank’s vice chair for supervision in an attempt to allow other nominations to move forward. […]

Mar 15
Commissioner Allison Lee announces her departure from the SEC

The commissioner, whose exit will leave a second vacancy at the administration, said she will remain on the job until a successor can take office. 515 Total views 19 Total shares Securities and Exchange Commissioner Allison Herren Lee announced that she would be stepping down from her post at the end of her term in […]

Mar 15
Bitcoin sees ‘mother of all consolidations’ as $40K BTC price squeeze fails

BTC price action is stubbornly sticking to a zone that has seen more on-chain volume than any other in Bitcoin‘s history. 12392 Total views 49 Total shares Bitcoin (BTC) saw a fresh brief short squeeze overnight on March 15 with bulls still attempting to crack $40,000 resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders […]

Mar 15
Binance temporarily halts Polygon deposit and withdrawal to sync nodes

Polygon claimed that the temporary halt by Binance was done to upgrade and synchronize the nodes, as the bug issue has been resolved and the network is stable. 3030 Total views 55 Total shares Binance, the world’s biggest crypto exchange by trading volume, announced earlier on Tuesday that it will be temporarily pausing deposits and […]

Mar 15
UK financial watchdog seeks crypto talent amid new crackdown

The FCA is planning to collect applications for its new role as head of the department of digital assets by early April. 1031 Total views 37 Total shares The United Kingdom’s Financial Conduct Authority (FCA) is seeking senior executives with cryptocurrency-related expertise as the regulator is preparing to launch a new crypto department to regulate […]

Mar 15
Deus Finance exploit: Hackers get away with $3M worth of DAI and Ether

Deus Finance had acknowledged the exploit on its lending contract and the CEO of the firm was quick to come up with a reimbursement plan. 145 Total views 2 Total shares Multi-token decentralized finance (DeFi) marketplace Deus Finance has become the latest victim of an exploit resulting in over $3 million losses in DAI and Ether […]

Mar 15
Bitcoin well positioned to help governments create cheaper CBDCs: Deloitte

Deloitte analysis shows how Bitcoin can help traditional fiat currency improve drastically in terms of speed, security, efficiency, cross-border payments. 1522 Total views 5 Total shares A new study from financial services giant Deloitte highlighted the potential of Bitcoin (BTC) as a base to create a cheaper, faster and more secure ecosystem for electronic fiat […]

Mar 15
European Parliament votes against PoW ban, providing huge relief to the crypto industry

Earlier on Monday, members of the European Parliament’s Committee on Economic and Monetary Affairs voted against a version of the Markets in Crypto Assets, or MiCA, bill that could have effectively banned proof-of-work-based cryptocurrencies within the EU. This comes as a huge relief for the crypto industry, whose representatives had previously warned about the threat […]

Mar 15
Here’s how Asian countries deal with crypto sanctions against Russia

Amid the United States and the European Union taking measures to prevent Russia from using cryptocurrencies to potentially evade sanctions, some countries in Asia have also been moving to respond to the situation. Japan to fine crypto exchanges for violating sanctions Japan became the latest country in Asia to call cryptocurrency firms to comply with […]