Category: Cryptocurrency

Sep 30
Spain’s largest telecom brand dives deep into Web3

Telecom company Telefónica enabled payments with Bitcoin, Ether and other crypto for its online marketplace Tu. 983 Total views 22 Total shares With crypto adoption moving forward in various parts of the world, Spain continues to encounter major developments in its local blockchain space as its largest telecom services provider dives deeper into Web3 technologies.  […]

Sep 30
Sam Bankman-Fried reportedly intended to join the Twitter deal in March

The FTX owner’s advisor unsuccessfully inquired Elon Musk about joining the acquisition deal. 860 Total views 11 Total shares Not only Elon Musk thought of buying Twitter — crypto billionaire and CEO of FTX exchange Sam Bankman-Fried “was interested” in acquiring the social network back in March 2022, according to a report from Business Insider. […]

Sep 30
Bitcoin profitability for long-term holders decline to 4-year low: Data

The decline in profitability for long-term holders reached a level last seen during the peak of the bear market in 2018. However, the market bottomed and bounced back during the previous cycle. 1146 Total views 23 Total shares Bitcoin’s (BTC) long-term profitability has declined to levels last seen during the previous bear market in December […]

Sep 30
Texas, Vermont regulators object to Celsius stablecoin sale plan

A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds. 760 Total views 19 Total shares State regulators from Texas and Vermont have filed a motion objecting to embattled crypto lender Celsius’ plans to sell off its stablecoin holdings. Separate motions from both regulators filed on Sept. […]

Sep 30
BlackRock’s newest ETF invests in 35 blockchain-related companies

“We believe digital assets and blockchain technologies are going to become increasingly relevant for our clients,” said BlackRock ETF product strategist Omar Moufti. 1891 Total views 31 Total shares BlackRock, the world’s largest asset manager, has just launched a new exchange-traded fund (ETF) to provide European customers with exposure to the blockchain industry, while reports indicate […]

Sep 30
Researchers allege Bitcoin’s climate impact closer to ‘digital crude’ than gold

Bitcoin mining raises a “set of red flags for any consideration as a sustainable sector,” according to researchers. 925 Total views 18 Total shares The Bitcoin (BTC) bashing has continued unabated even in the depths of a bear market with more research questioning its energy usage and impact on the environment. The latest paper by […]

Sep 30
‘I’ve done nothing wrong’ — Lark Davis denies ‘pump-and-dump’ allegations

Davis claimed he received nothing for free from the projects it’s alleged he profited from, and the amounts he sold weren’t enough to “dump the price.” 995 Total views 39 Total shares Crypto influencer Lark Davis has refuted new allegations from Twitter “on-chain sleuth” ZachXBT of shilling “low cap projects” to his audience “just to […]

Sep 30
Lack of ‘qualified people’ without more Web3 education, say academics

Australian blockchain academics and educators have called for more robust Web3 education in schools, preparing students for a world that will be dominated by blockchain technology. Huxley Peckham, head trainer for Blockchain Academy International told Cointelegraph that there are “very few qualified people in the blockchain industry, but there is big demand for qualified people,” […]

Sep 29
Bitcoin price skirts $19.3K amid fear over ‘mother of all rug pulls’

Bitcoin (BTC) traders lay in wait for fresh volatility on Sept. 29 as BTC/USD cooled near $19,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Volatility absent a day before the monthly close Data from Cointelegraph Markets Pro and TradingView charted a calm overnight phase for the largest cryptocurrency, which hit intraday highs above $19,600 the […]

Sep 29
Ethereum Merge was ‘executed flawlessly,’ says Starkware co-founder

Starkware co-founder Eli Ben-Sasson told Cointelegraph that none of the things that people feared about the Merge happened, and everything happened as it should. 1864 Total views 30 Total shares As the dust settled over the Ethereum network’s highly-anticipated transition to proof-of-stake (PoS), Eli Ben-Sasson, the co-founder of Starkware, gave his thoughts on its execution […]