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Zksnacks Bars US Users from Wasabi Wallet in Wake of Samourai Indictment
28.4.2024
In a decisive move, Zksnacks announced on Saturday that it will block all U.S. residents and citizens from accessing its bitcoin mixer, Wasabi Wallet. This policy change comes as U.S. authorities intensify their crackdown on unregulated crypto activities, spotlighting the recent indictment...
Bitcoin Price Prediction as Bears Push BTC Below $63,000 Level – Where is the Next Support
27.4.2024
"Amidst a slight pullback, Bitcoin hovers near the $63,000 level after peaking at $65,100, with Fidelity's investment underscoring strong institutional support
The post Bitcoin Price Prediction as Bears Push BTC Below $63,000 Level – Where is the Next Support appeared first on Cryptonews
Crypto Community Loses OXT Analysis Tool Amid Legal Troubles for Samourai Wallet
27.4.2024
After the Samourai Wallet indictment, the cryptocurrency community discovered that the Bitcoin blockchain analysis platform OXT is no longer operational, as it was acquired by the Samourai team in December 2017. On April 25, Laurentmt, a co-founder of OXT and bitcoin advocate, revealed the closure...
DeeStream Captures the Attention of Crypto Elites: Bitcoin and Dogecoin Investors Eye Paradigm Shift in Streaming
27.4.2024
The Bitcoin halving is in full effect, and the excitement about a potential bull market is palpable across all crypto communities, including Dogecoin. However, while both Bitcoin and Dogecoin might remain good investment targets in 2024, the biggest gains are reserved for promising projects that...
Amid Market Uncertainty, Fezoo Exchange Presale Attracts Bitcoin Cash & Litecoin Investors Looking for Stability and Gains
27.4.2024
Since the brief bull market ended in March, followed by price correction and market fluctuation in April, investors have recorded losses and long for stability and gains across their investment portfolios. While waiting for the next bull market to bring price stability and gains, some old and...
Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs
27.4.2024
According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor Technologies reported a significant decline in the prices...
Bitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors
27.4.2024
While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting for more than 44% of sales. Statistics from the last 30 days reveal that four of the top five best-selling...
Ethereum Blockchain’s New Bitcoin ‘Will’ Sellout — Mollars ICO Now Past 65% Sold
27.4.2024
Ethereum Blockchain got its own new Bitcoin flying under the radar, kind of. Publications like CryptoNews, BitcoinInsider, and CryptoPotato have all mentioned the token; but just as the initial coin offering for BTC in 2011, the new store-of-value asset has a token presale that’s drawn...
DTCC Declares No Collateral Value for Bitcoin-Linked ETFs, Impacting Loan Extensions
27.4.2024
The Depository Trust and Clearing Corporation (DTCC) has announced that it will not assign any collateral value to exchange-traded funds (ETFs) with exposure to Bitcoin or cryptocurrencies.
The post DTCC Declares No Collateral Value for Bitcoin-Linked ETFs, Impacting Loan Extensions appeared first...
Philadelphia’s Republic First Bank Closed by Regulators, Assets Assumed by Fulton Bank
27.4.2024
In the wake of a turbulent period for U.S. banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic First Bank, also known as Republic Bank. The Federal Deposit Insurance Corporation (FDIC) has stepped in as receiver, with Fulton Bank assuming nearly...
Taking Ordinals to a New Level: Why Bitcoin Inscriptions Need AR
27.4.2024
Have you ever touched an NFT – or seen one floating in the air right in front of your eyes? The time has come to advance digital collectibles – and bring them as close to the physical reality as they have ever been, enabling a plethora of new use cases.
The post Taking Ordinals to a New Level:...
Bitcoin Sees Rise in Sell Calls Amid Expectations of Asian Institutional Boost
27.4.2024
Over the past week, bitcoin has exhibited a downward trend, with its price stabilizing at around $62,950 to $63,125 per unit as of April 27. Despite this dip, the Crypto Fear and Greed Index remains firmly in the “greed” sector. According to Google Trends, interest in the term...
Prioritizing First-Mover Advantage Over Security Leaves Defi Protocols Vulnerable to Hacks – Nikita Ovchinnik
27.4.2024
According to Nikita Ovchinnik, founder of Barter Defi, decentralized finance (defi) protocols are increasingly becoming the primary target of most hacking attacks because defi “lays bare its inner workings for all to see.” He said the open-source nature of defi means hackers...
TOKEN2049 Dubai Hailed as an Outstanding Success, with 10,000 Attendees
27.4.2024
PRESS RELEASE. Dubai, UAE — April 27, 2024 — TOKEN2049, the premier crypto event, saw record-breaking success for its inaugural Dubai conference, which took place from April 18-19, during TOKEN2049 Week. Throughout the event, attendees experienced an impressive range of panel...
The Eroding State of Privacy in the Crypto World
27.4.2024
The balance between privacy and regulatory compliance in the crypto world is increasingly threatened as high-profile cases, such as the sanctions against Tornado Cash and the legal troubles of Samourai Wallet, come to the fore, prompting a robust response from the community and its leaders....
DTCC rules out collateral for Bitcoin-linked ETFs
27.4.2024
This notice means that exchange-traded funds and similar investment instruments with Bitcoin or other cryptocurrencies as underlying assets will not be assigned any collateral value
Study: Half of Canadian Institutional Investors Actively Offered One Crypto Asset Product in 2023
27.4.2024
According to a recent survey, half of Canadian institutional investors and financial services organizations have actively offered at least one type of cryptocurrency asset product or service to clients in the past year. The study revealed that half of the institutional investors surveyed were...
A16z Exec Blasts Meme Coins: They Make Crypto Look ‘Like a Risky Casino’
27.4.2024
Eddy Lazzarin, CTO of A16z Crypto, one of the largest cryptocurrency-focused venture capital funds, has criticized the meme coins’ effect on the broad appreciation of the cryptocurrency market. Lazzarin stated that meme coins undermined the “long-term vision of crypto” that...
Republic First Bank Fails, Triggers Minor Crypto Market Downturn Amid Banking Sector Concerns
27.4.2024
The United States witnessed its first banking failure of 2024 with the closure of Philadelphia-based Republic First Bank, creating ripples within the cryptocurrency community as Bitcoin, Ether, and various altcoins experienced slight price drops following the announcement. This event has spurred...
New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today
27.4.2024
A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest first. Additionally, victims have the right to request the release of funds held...