Bitcoin has been moving higher as the equity markets fetched more gains. The world’s largest cryptocurrency by market capitalization climbed over $23,000 on Tuesday. Since the beginning of the year, both Bitcoin and Ethereum added 40% surges to their trajectory, retracting the entire post-FTX dump. Needless to say, the ongoing rally has sparked concerns over its sustainability on the backdrop of last year’s bloodbath, as well as subsequent numerous fake-out rallies. However,...
Read More »The Federal Reserve and Other Agencies Are Warning Banks About Crypto
U.S. regulators like the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency have established a joint statement warning banks all over the world about the alleged risks and problems that come with crypto trading. The Federal Reserve Feels Crypto Is Problematic These agencies say that banks need to take these risks seriously and implement the necessary security measures to keep themselves and their customers safe....
Read More »FBI Confirms North Korea Was Behind $100 Million Harmony Hack
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Read More »Court Fast-tracks Oral Argument in Grayscale vs SEC Case
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Read More »Yo Crypto
Nouvel ajout à la liste des établissements français qui acceptent le bitcoin (et autres cryptomonnaies) : Yo Crypto, e-commerce crypto spécialisé dans la téléphonie, les jeux vidéo, le matériel informatique et électronique. « Intéressés par la finance et la technologie depuis plus de 10 ans, nous avons découvert le marché des cryptomonnaies en 2017 et c’est à ce moment-là que nous avons...
Read More »Cardano (ADA) Price Analysis: Rally Could Accelerate Above $0.38
ADA price seems to be forming a support base above the $0.35 level against the US Dollar. The price is now trading above $0.35 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.348 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it clears the $0.380 and $0.388 levels. Cardano price is showing positive signs above $0.350 against the US Dollar, similar to...
Read More »The Central African Republic Appoints a Committee to Design Crypto Legislation
One of the poorest countries – the Central African Republic (CAR) – formed a team of 15 agencies, whose responsibility will be to draft a “comprehensive” cryptocurrency bill. The nation made the headlines last year, becoming the second after El Salvador to embrace bitcoin as a legal tender. Another Crypto Step Faustin-Archange Touadéra – President of the Central African Republic (CAR) – revealed that the government established a committee of 15 experts to design a pertinent...
Read More »Lazarus Group Suspected as Culprits for $100 Million Harmony Bridge Hack
MistTrack – a crypto tracking and compliance platform – has published updates on its investigation of the Harmony bridge hack that compromised $100 million last June. They found that the infamous North Korean hacking organization, The Lazarus Group, are likely behind the theft. The Movement of Funds In a Twitter thread on Monday, MistTrack said Lazarus passed the stolen funds through multiple exchanges and blockchains while attempting to cover their on-chain tracks. ...
Read More »Definitely Nifty: NFTs Sold Topped 67% YoY Growth in 2022
The price of Ethereum, BNB Coin, Solana, and other DeFi altcoins kept running this week. New data in a report out from DappRadar reveals there were more NFTs sold in 2022 than the year before. DappRadar: NFTs Sales in 2022 Soared In more good news for cryptocurrency’s DeFi platforms, NFTs sold last year topped sales numbers from the year before. A new report from on-chain analytics firm, DappRadar, reveals the extent that NFTs are reshaping digital ownership in the 2020s. 101...
Read More »Vitalik Buterin Weighs in on Stealth Address to Bring Privacy to Blockchain Transactions
Privacy tools have always been heralded as a key to financial freedom in the crypto industry. In the Ethereum ecosystem, discussions surrounding the subject matter have revolved mostly around privacy-preserving transfers of ETH and mainstream ERC20 tokens. In a bid to improve the state of privacy on the network, its co-founder Vitalik Buterin has proposed a stealth address system. “Last Remaining Challenge for Ethereum” The concept of Stealth addresses using elliptic curve...
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