Category: Cryptocurrency

Oct 01
What is regenerative finance (ReFi) and how can it impact NFTs and Web3?

On Sept. 30, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with Mashiat Mutmainnah to discuss how regenerative finance (ReFi) can provide more accessibility and inclusivity to blockchain technology.  As a “mission-driven movement,” Mutmainnah explains that ReFi enables users to redefine their relationship with the current financial system and […]

Oct 01
Amber Group uses simple hardware to show just how fast, easy the Wintermute hack was

The Hong Kong-based group documented its reproduction of the hack on its tech and security oriented blog, seeking insights into Web3’s attack surface spectrum. 1566 Total views 12 Total shares Amber Group has reproduced the recent Wintermute hack, the Hong Kong-based crypto finance service provider announced on its blog. The process was fast and simple, […]

Oct 01
CFTC takes legal action against Digitex futures exchange and CEO

Many in the space have criticized regulators including the CFTC and SEC for taking a “regulation by enforcement” approach to crypto in the United States. 2054 Total views 17 Total shares The United States Commodity Futures Trading Commission, or CFTC, filed a complaint against Digitex LLC and its founder and CEO Adam Todd for failing […]

Oct 01
US senator bill seeks to cushion crypto exchanges from SEC enforcement actions

The Digital Trading Clarity Act of 2022 aims to provide regulatory clarity around classifying digital assets and related liabilities under existing securities laws. 1841 Total views 19 Total shares United States Senator Bill Hagerty, a member of the Senate Banking Committee, introduced legislation seeking a safe harbor for cryptocurrency exchanges from “certain” Securities and Exchange […]

Oct 01
Net Bitcoin ATMs growth drops globally for the first time ever

Data on net changes of crypto ATM installations confirm that, in September, 796 crypto ATMs were pulled off from the global network. 910 Total views 9 Total shares The domino effect of a prolonged bear market seeped into the Bitcoin (BTC) ATM ecosystem as September 2022 recorded negative growth in global net installations for the […]

Oct 01
Price analysis 9/30: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT

The United States equities markets have been under a firm bear grip for a large part of the year. The S&P 500 and the Nasdaq Composite have declined for three quarters in a row, a first since 2009. There was no respite in selling in September and the Dow Jones Industrial Average is on track […]

Oct 01
Bitcoin 2021 bull market buyers ‘capitulate’ as data shows 50% losses

Those who bought BTC between six and 18 months ago are losing out big, says the research, but now there is even more reason to buy their supply. 1653 Total views 37 Total shares Bitcoin’s (BTC) spot trading below $20,000 is seeing a new “capitulation” event encompassing an entire year’s worth of buyers, research reveals. […]

Sep 30
So what if Bitcoin price keeps falling! Here is why it’s time to start paying attention

For bulls, Bitcoin’s (BTC) daily price action leaves a lot to be desired, and at the moment, there are few signs of an imminent turnaround.  Following the trend of the past six or more months, the current factors continue to place pressure on BTC price: Persistent concerns of potential stringent crypto regulation. United States Federal […]

Sep 30
Central banks can push DeFi into mainstream — Swiss National Bank official

Central bank digital currencies (CBDCs) can work well with decentralized finance (DeFi), and they have a lot of potential to boost DeFi adoption, according to a Swiss central bank official. Among many various types of digital currencies, it is CBDC that could provide more stability and lower risks to the development of DeFi, according to Thomas […]

Sep 30
Bitcoin surges above $20K after 6% BTC rally gains steam ahead of the monthly close

Bitcoin (BTC) swiftly climbed above $20,000 after the Sept. 30 Wall Street open as end-of-month volatility began.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin volatility back for monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 3% in a single hourly candle to hit local highs of $20,171 on Bitstamp. The move […]