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White paper that birthed crypto ZK-proofs receives IEEE ‘Test of Time’ award
20.5.2024
The paper, released in 2014, lays the foundations for blockchain privacy and scaling
Blockchain Association Sends Letter To Reps. Mike Johnson And Hakeem Jeffries Urging FIT21 House Vote
20.5.2024
The Blockchain Association is urging a full House floor vote of the Financial Innovation and Technology for the 21st Century Act (FIT21), a Monday letter from the crypto advocacy group to House Speaker Mike Johnson and Minority Leader Hakeem Jeffries reveals. News of the letter comes on the heels...
The Week’s Biggest Crypto Gainers and Losers: PENDLE Soars, WLD Plummets
20.5.2024
This week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile, more than twelve alternative cryptocurrencies saw double-digit gains between 10% and 33.4%. Weekly Crypto Highlights: Double-Digit Gains and Losses Across the Board As...
Dormant Bitcoin Wallet Transfers 114 BTC Worth $7.6M After 11 Years
20.5.2024
With bitcoin’s price up 6.8% from last week, a dormant bitcoin address from 2013 became active for the first time in over 11 years, transferring 114.42 bitcoins valued at $7.67 million. Sleeping Bitcoin Wallet Awakens After 11 Years, Moves 114 Bitcoins April and May have seen fewer...
Gemini Earn to repay customers’ crypto by month-end
20.5.2024
A U.S. court has approved a Chapter 11 bankruptcy plan for the defunct cryptocurrency lender Genesis. According to a company announcement, Gemini, a Genesis creditor, will return assets to customers by the end of the month. Genesis, the bankrupt cryptocurrency lender that ceased operations...
Judge Rules Craig Wright Lied ‘Extensively,’ Committed Forgery in Bid to Claim Satoshi Identity
20.5.2024
On May 20, 2024, a ruling was delivered by Justice James Mellor in the COPA vs. Craig Wright case. Mellor determined that Wright lied “extensively and repeatedly” in his efforts to prove he was Satoshi Nakamoto. Mellor emphasized that Wright’s evidence was “at best...
Hamster Wheel: Telegram’s Social Gaming Brings Millions to Crypto
20.5.2024
Telegram’s Hamster Kombat game has amassed 8 million users in four weeks. It shows how gaming could be a potent tool for Web3 projects looking for audiences
Grayscale Leadership Change: Sonnenshein Steps Down — Goldman Sachs’ Peter Mintzberg Appointed New CEO
20.5.2024
Crypto asset manager Grayscale Investments has appointed Peter Mintzberg as CEO, effective August 15, 2024. Mintzberg, currently Global Head of Strategy for Asset and Wealth Management at Goldman Sachs, will also join Grayscale’s Board of Directors. He succeeds Michael Sonnenshein, who steps down...
Digital Asset Investment Products See Inflows of $932 Million in Response to CPI Report
20.5.2024
Digital asset investment products experienced substantial inflows totaling $932 million for the second week.
The post Digital Asset Investment Products See Inflows of $932 Million in Response to CPI Report appeared first on Cryptonews
Ethereum Technical Insights: ETH Crosses $3,100 Mark for the First Time in 21 Days
20.5.2024
Ethereum’s price has been exhibiting a narrow intraday range between $3,048 and $3,139. With a market capitalization of $373 billion and a 24-hour trading volume of $9.83 billion, the cryptocurrency shows a mixed technical outlook. At 7:57 (EDT) on Monday, ether is exchanging hands for just...
Binance calls on small and medium projects to combat low float, high FDV trend
20.5.2024
Binance said that supporting small and medium-sized projects with strong fundamentals could enhance the development of the blockchain ecosystem
Shiba Inu Price Prediction as SHIB Drops 2.5% in 24 Hours – Time to Buy the Dip?
20.5.2024
SHIB has fallen to $0.00002394 today, with the Shiba Inu price dropping by 2.5% as the crypto market as a whole falls by 0.5% in the past 24 hours.
The post Shiba Inu Price Prediction as SHIB Drops 2.5% in 24 Hours – Time to Buy the Dip? appeared first on Cryptonews
Bitcoin Technical Analysis: Bulls Push Forward, Breaking Upper Resistance Levels
20.5.2024
As of May 20, 2024, bitcoin is trading at $67,224, reflecting a strong market performance. The cryptocurrency has experienced a 24-hour range between $66,000 and $67,431, with a market capitalization of $1.32 trillion and a trading volume of $21.18 billion. Bitcoin The daily chart indicates that...
Craig Wright Lied to UK Court 'Extensively and Repeatedly,' Judge Writes
20.5.2024
Judge James Mellor released his written judgement on the Crypto Open Patent Alliance vs Craig Wright case on Monday
Nigerian Securities Regulator: Crypto Exchanges Complying With Naira Delisting Directive
20.5.2024
The Nigerian Securities Regulator has stated that cryptocurrency exchanges have complied with a directive to remove the local currency from peer-to-peer platforms. The acting director-general of the Nigerian Securities and Exchange Commission has called on platforms engaged in practices that...
Bitcoin’s Price Poised for New ATH after $67,500 Resistance Level: 10x Research
20.5.2024
Bitcoin's price is poised to surge to new all-time highs if it can successfully surpass the critical $67,500 level, which is currently acting as a significant resistance point.
The post Bitcoin’s Price Poised for New ATH after $67,500 Resistance Level: 10x Research appeared first on Cryptonews
Crypto VC growth stalls at 2.4% as market challenges loom
20.5.2024
Crypto analysts predict a slow year regarding venture capital investments toward crypto projects, with an estimated increase of a mere 2.4%. The figure expected to reach is $12 billion, The general sentiment seems to be a disappointment, even with Wall Street inclining towards cryptocurrencies....
Trader turns $2.2K SOL into $2.26M in 8 hours with new memecoin
20.5.2024
The trader, the largest BOME holder, made an over 993-fold gain on his initial investment, spurring insider trading allegations
Do users really care about decentralization? Industry figures clash
20.5.2024
Ethereum's Dankrad Feist and Helius Labs CEO Mert Mumtaz clash on X over the importance of decentralization, revealing differing views on the crypto market's priorities
Can you leverage crypto to enhance your sports fandom?
20.5.2024
Cryptocurrencies and blockchain technology have received significant attention over the last ten years, changing various industries. This cuts across financial services to digital art and still reshapes how we relate to the world. The sports industry has not been left out, as it increasingly...