Crypto news

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Bytekode is on a mission to make the blockchain understandable to everyone. Web3 is poised to onboard trillions of dollars of value and be the next explosive growth sector in our modern information age. However, it has a core problem – it’s hard to understand. Experts are still figuring out the details, and retail users often just accept what they’re told and hope for the best. That’s not what blockchain is about. Web3 is about transparency, communication, security, and...

[embedded content] 1.) Crypto.com CEO announces 20% staff cut, ‚did not account‘ for FTX collapse„While we continue to perform well, growing to more than 70 million users worldwide and maintaining a strong balance sheet, we’ve had to navigate ongoing economic headwinds. “https://cointelegraph.com/news/crypto-com-ceo-announces-20-staff-cut-did-not-account-for-ftx-collapse 2.) Miss El Salvador Features Bitcoin in Miss Universe...

Fastnet Fastned, das europäische Schnellladeunternehmen, hat seinen Umsatz aus dem Ladegeschäft im vierten Quartal 2022 um 177 % gesteigert, also fast dreimal so viel wie im vierten Quartal 2021. Damit beläuft sich der Umsatz für das Gesamtjahr 2022 auf 36 Millionen Euro und der Umsatz im vierten Quartal auf 53,2 Millionen Euro, was den starken Wachstumskurs verdeutlicht. Neben der Eröffnung neuer Stationen hat Fastned auch bestehende Stationen...

Bitcoin cash started a decent increase above the $105 and $108 resistance levels against the US Dollar. The price is now trading above the $110 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $112 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $122 and $125 to continue higher in the near term. Bitcoin cash price is climbing above $112 against the US Dollar, similar to...

The Securities and Exchange Commission (SEC) has filed a complaint against Genesis Global Capital and Gemini Trust Company for allegedly selling unregistered securities to retail investors in the US. The SEC is seeking permanent injunctive relief, disgorgement of ill-gotten gains, plus front-end interest and civil penalties. Both companies raised billions of dollars by offering and selling securities to US investors through the Gemini Earn crypto asset lending program. Gemini...

The Chairman of the United States Securities and Exchange Commission (SEC) – Gary Gensler – told members of the US Army to refrain from investing in cryptocurrencies.  He believes the sector lacks proper regulation and most digital assets will collapse in the future. Another Wave of Scepticism One of crypto’s keenest critics – Gary Gensler – launched another bashing manifest against the industry. In a recent Twitter Space, he pointed out that an increasing number of US...

Less than two weeks into the new year, malicious entities have already started doing what they do best. According to the latest update by the blockchain security company CertiK, two recently created contracts – CirculateBUSD and CirculateWBNB – have been pumped away by the creators. The funds have been bridged to Ethereum and deposited into the OFAC-sanctioned coin mixer, Tornado Cash. By doing so, the creators of the two contracts managed to pull off what looks like an exit...

Bitcoin has returned to $19,000 for the first time since October, soaring beyond its low trading range established after FTX’s collapse. The move has many on crypto twitter calling for a new bull market – though some believe it’s a bull trap.  Bitcoin traded for $17,911 early on Thursday, experiencing some volatility after December’s CPI inflation clocked in at 6.5%.  The asset pumped by roughly $1000 at about 17:35 UTC, and has maintained its elevated price level since then....

Digital Currency Group (DCG), the parent company of wholly-owned subsidiary, crypto brokerage firm Genesis, is reportedly looking to offload some of its venture capital portfolios to raise funds to cover part of the latter’s debt crisis. Genesis halted withdrawals in November, becoming the latest crypto lender to face a financial crisis. According to the Financial Times on Tuesday (January 12, 2023), anonymous sources revealed that Genesis is currently swimming in a debt...