Buterin pitches solutions to Ethereum’s staking, block production issues
21.10.2024
Buterin recommended capping the amount of Ether a user can stake and limiting staking penalties to 12.5% of staked Ether
Governments must tax or ban Bitcoin to maintain deficits: Minneapolis Fed
21.10.2024
The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits
Putin Discusses BRICS Currency and Swift Alternative
21.10.2024
Russian President Vladimir Putin has emphasized the need for independent financial systems within BRICS, focusing on developing an alternative to Swift. He addressed the idea of a shared BRICS currency but urged caution, noting that it’s not yet fully developed. His remarks hinted at careful...
BunnyFinance Exploiter Launders $4M in ETH via Tornado Cash After 3 Years of Inactivity
21.10.2024
The BunnyFinance exploiter has emerged after three years and has laundered 1.5K $ETH (worth ~$4m) via cryptocurrency tumbler…
Bitcoin Gets Yet Another Bullish Signal as Prices Near $70K
21.10.2024
A widely-tracked momentum indicator has flipped positive for the first time since April
How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim
21.10.2024
Bitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth redistribution, where early investors gain while non-holders and latecomers are left...
Tapioca offers $1M to ‘social engineering’ attacker who stole $4.7M
21.10.2024
DeFi protocol Tapioca DAO said it was hacked for $4.7 million, now its offering its attacker a “significantly higher” bounty to try get most of the funds back
Crypto’s Largest Acquisition: Stripe Acquires Stablecoin Firm Bridge for $1.1B
21.10.2024
Irish-American fintech firm Stripe has marked crypto’s largest acquisition as it acquires stablecoin platform Bridge for $1.1 billion.…
Russia Pushes Digital Currency Plan for BRICS — Is This the End of Western Financial Dominance?
21.10.2024
Russian President Vladimir Putin has unveiled a plan to introduce digital currencies as a key tool for investment for the BRICS alliance. This proposal aims to boost economic growth in developing nations, with a focus on minimizing inflationary risks. By involving BRICS members and other developing...
Stripe acquires stablecoin platform Bridge for $1.1B: Techcrunch founder
21.10.2024
The deal marks one of crypto’s largest acquisitions, allowing more businesses to deal in stablecoins.
UBS Predicts ‘No Landing’ for US Economy — What It Means for Markets and Inflation
21.10.2024
Global investment bank UBS is forecasting a “no landing” scenario for the U.S. economy, where growth continues and inflation remains stable, defying predictions of recession. With stronger-than-expected jobs data and GDP growth, UBS expects election-driven market volatility but sees...
BTC Hits $69K Amid Big Market Moves: Here’s How Markets Are Moving
21.10.2024
On Sunday, bitcoin (BTC) climbed past $69,000, hitting an intraday peak of $69,363 per coin. Over the past week, BTC gained 9.3%, expanded 63% since the start of the year, and increased by 132% over the last 12 months. The global trading volume across the crypto economy sits at $71.30 billion, with...