Tag: cointelegraph

Jul 23
FTX proposes a way to give Voyager Digital clients some of their digital assets back early

FTX is proposing to buy out all Voyager Digital digital assets and digital asset loans, except loans to Three Arrows Capital, which would remain Voyager Digital’s problem. 2197 Total views 39 Total shares FTX and Alameda Ventures want to offer Voyager Digital customers a chance to start a new FTX account with an opening cash […]

Jul 23
Board urges Bank of Central African States to introduce common digital currency: Report

The Central African Republic, one of the nations served by the Bank of Central African States, passed legislation adopting Bitcoin as legal tender in April. 1456 Total views 55 Total shares The Bank of Central African States, or Banque des États de l’Afrique, which serves Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and […]

Jul 23
Bitcoin network difficulty drops to 27.693T as hash rate eyes recovery

The reduced difficulty allows Bitcoin miners to confirm transactions using lower resources, enabling smaller miners a fighting chance to earn the mining rewards. 1789 Total views 41 Total shares The difficulty in mining a block of Bitcoin (BTC) was reduced further by 5% to 27.693 trillion as network difficulty maintains its three-month-long downward streak ever […]

Jul 22
Bitcoin traders eye levels to hold as ‘decision time’ looms for BTC price

Bitcoin (BTC) recovered above $23,000 on July 22 as attention increasingly focused on the upcoming weekly close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price needs to preserve at least $22,400 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD finding renewed strength after briefly dipping toward $22,000. The pair traded in a critical […]

Jul 22
Buying crypto with credit cards is now indirectly banned in Taiwan

In its note to banking sector, a chief financial regulator likens virtual assets to online gambling. 969 Total views 41 Total shares Taiwan’s Financial Supervisory Commission (FSC), a chief financial regulator, issued a note to the banking industry, indicating that they should not grant the virtual assets providers (VASPs) the status of merchant in operations […]

Jul 22
Blockchain and cybersecurity awareness on the rise — PolySwarm CEO

Steve Bassi, CEO of PolySwarm, said that gathering data on the infrastructure of malware shortens the lifespan of its campaigns. 1238 Total views 38 Total shares As the blockchain space becomes more extensive, cybersecurity becomes a more crucial requirement for many. PolySwarm CEO Steve Bassi has argued that because of this, there is a need to […]

Jul 22
3AC founders reveal ties to Terra founder, blame overconfidence for collapse

Su Zhu revealed the 3AC team had close ties to Terra co-founder Do Kwon, which made them overlook several red flags with the project that eventually led to a multi-million dollar loss for the hedge fund. 1790 Total views 33 Total shares The founders of tainted crypto hedge fund Three Arrow Capital (3AC), which filed […]

Jul 22
Prince Philip of Serbia calms rumors of Arab country Bitcoin adoption

Prince Filip Karađorđević, known as Philip Karageorgevitch in English, placated rumors that an Arab country would “soon” adopt Bitcoin (BTC) as legal tender. In an interview Philip delivered from Serbia, the prince explained that Bitcoin adoption is an inevitability for all countries. As a result of the thesis he first shared on a Bitcoin Reserves […]

Jul 22
All ‘Ethereum killers’ will fail: Blockdaemon’s Freddy Zwanzger

“All the Ethereum killers from back in the day didn’t succeed, and I don’t expect them to succeed at all,” Blockdaemon’s Ethereum lead told Cointelegraph. 4322 Total views 84 Total shares Blockdaemon’s Ethereum ecosystem lead Freddy Zwanzger believes Ethereum will retain its leadership position in the crypto ecosystem over the coming years due to its utility […]

Jul 22
Mike Novogratz warns that 200x returns from crypto are ‘not normal’

Former-LUNAtic Mike Novogratz has told crypto investors that the insane returns seen in the crypto space are simply unsustainable. 1826 Total views 28 Total shares Mike Novogratz, the billionaire founder of crypto asset management firm Galaxy Digital, has warned that making more than 200X returns on crypto investments is simply “not normal.” Speaking at the […]