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With Over 50% Market Share, Bitcoin’s Dominance Echoes Its 2021 Peaks
24.10.2023
Recent data reveals a surge in bitcoin’s dominance, a measure of its market capitalization in relation to the entire cryptocurrency sphere, reaching peaks not observed since February 2021. Present figures demonstrate that bitcoin (BTC) constitutes approximately 54% of the total...
Crypto ATMs Vanish at Rapid Rate in 2023, Data Highlights Downward Trend Peaked in July
24.10.2023
2023 has marked a notable decline in the number of crypto automated teller machines worldwide, plunging to levels not seen since November 2021. Data from coinatmradar.com reveal that July witnessed the steepest fall, with 4,123 crypto ATMs vanishing from the industry. The Ebb and Flow of Crypto...
Lower-middle income countries lead in crypto adoption, but not volume: Chainalysis
23.10.2023
Usage is down, but the future of crypto looks bright thanks to adoption in up-and-coming economies, according to Chainalysis
Bitcoin pioneer Hal Finney couldn't be Satoshi Nakamoto, new analysis suggests
23.10.2023
The investigator, Jameson Lopp, compiled archived emails from 2010, data from a 10-mile race in California in 2009, and other evidence to make the argument
New Research Suggests Hal Finney Was Not Satoshi Nakamoto
22.10.2023
In an extensive analysis, the American software engineer and columnist Jameson Lopp tackles the enduring mystery of Bitcoin’s creator, Satoshi Nakamoto. While many have speculated that computer scientist Hal Finney was behind the pseudonym, Lopp presents several compelling instances that...
Report: Africa-Focused Crypto Trading App Shut Down — Co-Founder Says Only Nigerian Users Affected
22.10.2023
The Africa-focused crypto trading app Vibra has reportedly stopped working in Ghana, Kenya, and Nigeria. Reports that the app is not working in the three countries contradict the co-founder’s claim that only users from Nigeria are affected. Resign or Get Fired An Africa-focused crypto trading...
Data Protection Bodies Call For ‘Privacy Threshold’ in Digital Euro Transactions
21.10.2023
Ensuring low-value digital euro transactions are not traced is one of the recommendations made by two data protection agencies in the EU. The independent bodies have presented their joint opinion on the proposed regulation for the upcoming digital version of Europe’s common fiat currency....
Gold Heats Up, China’s Gold-Backed Bond Move, and the 10-Year Treasury Note’s Ominous Rise
21.10.2023
In the turbulent macroeconomic landscape marked by clashes in Ukraine and Israel, and with the Fed’s Jerome Powell alluding to persistent and escalated interest rates, the 10-year Treasury note has soared to 5% — a milestone not seen since 2007. Amid this whirlwind, both gold...
Bank of Russia Predicts Digital Ruble Won’t End Other Payment Methods
21.10.2023
The Central Bank of Russia does not expect the introduction of the digital ruble to end the popularity of other non-cash and cash payment options. According to statements offered by Alla Bakina, director of the bank’s national payment system department, other non-cash payment options have...
Roblox to End Remote Work Policies; Metaverse and Digital Workspaces ‘Still Not There’
21.10.2023
Roblox, a metaverse gaming company, has recently announced the end of its remote work policies, calling all but a few workers to work from its headquarters in San Mateo, California. Roblox founder and CEO David Baszucki stated that the metaverse and digital workspaces were still not...
Tesla Maintains $184M Bitcoin Holdings as Elon Musk Flags Concerns Over High Interest Rates
20.10.2023
Tesla’s third-quarter financial statement reveals that the electric car company has not sold any of its bitcoin. Its most recent balance sheet shows that Tesla continues to hold bitcoin valued at $184 million. Meanwhile, Tesla CEO Elon Musk has raised concerns about the high-interest rate...
Elon Musk, Mark Cuban Back Supreme Court Case Against SEC
20.10.2023
Tesla CEO Elon Musk and Dallas Mavericks owner Mark Cuban have jointly filed an amicus brief backing the defendants in a Supreme Court case against the U.S. Securities and Exchange Commission (SEC). “It is important that the SEC not be permitted to pick and choose whether parties are granted...
SEC Drops Lawsuit Against Ripple Executives, All Charges Dismissed — Ripple Calls It ‘a Surrender by SEC’
20.10.2023
The U.S. Securities and Exchange Commission (SEC) has dropped all charges against Ripple’s executives, CEO Brad Garlinghouse and co-founder Chris Larsen. “The SEC made a serious mistake going after Brad & Chris personally — and now, they’ve capitulated, dismissing...
'Absolutely Not': FTX's Former General Counsel Says He Never Approved Loans of Customer Funds
19.10.2023
Can Sun testified on day 12 of the Sam Bankman-Fried trial
Elon Musk’s Plan to Charge New X Users $1 May Not Deter Crypto Bots
19.10.2023
Crypto watchers say solving the bot problem extends beyond just charging users for the X service
Vitalik Buterin: ‘I Haven’t Sold ETH for Personal Gain Since 2018’
19.10.2023
Vitalik Buterin has dismissed reports that he recently sold his crypto holdings and claimed to have not “sold ether for personal gain since 2018.” Buterin suggested to his followers that the reports often mistake his transfer of digital assets to charitable organizations as sales...
What’s Holding Crypto Back? It’s the Founders, Not Just Regulators
17.10.2023
UK’s ‘Help with Fees’ scheme won’t define crypto as disposable income
17.10.2023
The Ministry of Justice’s proposed ‘Help with Fees’ scheme will not classify cryptocurrencies as disposable income following a public consultation
Ark Invest’s Cathie Wood Blames Gary Gensler for Obstructing Proposed Spot Bitcoin ETFs and Not SEC
17.10.2023
Influential investor Cathie Wood, CEO of Ark Invest, said that the researchers at the US Securities and Exchange Commission (SEC) are “really good”, and it’s the agency’s Chair Gary Gensler who is standing on the way of spot Bitcoin exchange-traded funds (ETFs).
Speaking with Coin Stories...
Bankman-Fried Lawyers Claim He’s Not Getting Enough Adderall
17.10.2023
Attorneys for FTX founder Sam Bankman-Fried say he’s having trouble focusing during his criminal trial because he’s not getting his prescribed dose of Adderall each day. In a letter to the judge Sunday, lawyers said Bankman-Fried has gone without his medication most of the day, leaving...