Tag: cointelegraph

May 05
Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset ‘pain trade’

Bitcoin (BTC) consolidated below $40,000 on May 5 after United States economic policy excitement saw a  spike to one-week highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed sparks little crypto reaction Data from Cointelegraph Markets Pro and TradingView confirmed an overnight peak of $40,050 on Bitstamp following comments from the Federal Reserve and Chair Jerome […]

May 05
Shiba Inu has a new use case — Buying land in SHIB: The Metaverse

Memecoin Shiba Inu can officially be used to purchase land in the SHIB Metaverse using the native SHIB token, as the development team continues to provide utility for holders. 4480 Total views 44 Total shares Holders of the popular memecoin Shiba Inu (SHIB), will now be able to use the cryptocurrency to purchase land in […]

May 05
Gucci the latest luxury brand to accept crypto payments in store

Gucci’s past efforts into Web3 have culminated with the brand accepting 12 cryptocurrencies at a few select stores, with a wider rollout planned for the future. 1605 Total views 36 Total shares The Italian high-end fashion label Gucci has announced it will begin accepting cryptocurrency payments by the end of the month in five of […]

May 05
New crypto litigation tracker highlights 300 cases from SafeMoon to Pepe the Frog

A new crypto litigation tracker from commercial law firm Morrison Cohen LLP shows details of more than 300 active and settled court cases since 2013. Morrison Cohen is a New York-based firm that caters to large financial institutions, entrepreneurs and early-growth stage companies, and specializes in capital markets, business litigation, real estate and bankruptcy to […]

May 05
Quantum-based random number generator for Web3 games and wallets launched

The QRNG uses a fluctuating quantum system to guarantee unpredictable randomness, which can be used in Web3 gaming and gambling. 3002 Total views 48 Total shares Researchers at Australia National University have teamed up with blockchain oracle provider AP13 to launch the first Quantum Random Number Generator (QRNG). The joint effort will allow Web3 entities […]

May 04
California governor issues blockchain executive order building on US President’s regulatory efforts

“We’re getting ahead of the curve on this, laying the foundation to allow for consumers and business to thrive,” said California Governor Gavin Newsom. 1671 Total views 43 Total shares Gavin Newsom, the governor of California, has signed an executive order aimed at harmonizing a regulatory framework for blockchain between the federal government and the […]

May 04
Bitcoin pushes to $40K, but are bulls strong enough to win Friday’s $735M options expiry?

Bitcoin (BTC) price has been stuck in a falling wedge pattern for the past two months and during this time it has tested the $37,600 support on multiple instances.  Adding to this “bearish” price action, BTC is down 16% year-to-date, which is in line with the Russell 2000s performance. Bitcoin/USD 1-day chart at FTX. Source: […]

May 04
Ape-themed airdrop phishing scams are on the rise, experts warn

As the crypto community notices and calls out such scams, the fraudsters tend to turn off replies to their tweets to prevent being exposed as scammers. 1953 Total views 48 Total shares Cybersecurity experts identified and disclosed the rising popularity of airdrop phishing among crypto and nonfungible token (NFT) scammers. Airdrops serve as an essential […]

May 04
European watchdog lists crypto next to lawyers, accountants as an AML threat

The annual supervision report from MONEYVAL concluded that 18 of the 22 jurisdictions have an insufficient level of compliance with AML standards. 571 Total views 37 Total shares Europe’s Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT)  watchdog, MONEYVAL, has listed monitoring the crypto sector along with “gatekeeper” professionals, such as lawyers and accountants, […]

May 04
Virginian county wants to put pension funds into DeFi yield farming

The next few days will see a decision made, which if approved would be the first time pension fund money was used in decentralized finance. 836 Total views 33 Total shares The Northern Virginia county of Fairfax has already invested a part of its pension funds in crypto and blockchain startups. Now, it’s mulling over […]