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Crypto Community Skeptical of Blackrock’s XRP Pivot Rumors
18.9.2023
Many crypto proponents have warned that despite a small connection between Blackrock and XRP, the news of the world’s largest asset manager shifting focus from bitcoin to XRP is fake. Blackrock is currently waiting for the U.S. Securities and Exchange Commission (SEC) to greenlight its spot...
Senator Elizabeth Warren’s Crypto Bill Gains Support Among US Lawmakers
18.9.2023
Nine U.S. lawmakers have thrown their support behind the Digital Asset Anti-Money Laundering Act, recently reintroduced in Congress by Senators Elizabeth Warren, Roger Marshall, Joe Manchin, and Lindsey Graham. Experts have warned that this crypto bill is the most direct attack on the privacy...
JPEX blames partners for ‘maliciously’ freezing funds, causing liquidity crisis
18.9.2023
Crypto exchange JPEX has pointed the finger at its third-party market makers for “maliciously” freezing funds which led to the exchange being forced to hike withdrawal fees to battle a liquidity crisis
Rich Dad Poor Dad Author Robert Kiyosaki: Crypto Is the Future, Fiat Money Is Toast
18.9.2023
The best-selling author of Rich Dad Poor Dad, Robert Kiyosaki, says “crypto is the future.” In contrast, he said fiat currencies, including the U.S. dollar, are “toast.” He referred to fiat money as fake money, while gold and silver are “God’s money”...
Free From Coercion and Theft: The Counter-Economic Potential of Cryptocurrencies
18.9.2023
As nations become more authoritarian, the crypto economy and its related technologies stand out as powerful counterpoints to overreaching governance. The following Learning and Insights editorial explores why libertarians, especially agorists, embrace digital currencies such as bitcoin and tools...
FTX Restores Full Access to Claims Portal After Cybersecurity Breach
17.9.2023
The portal allowing FTX customers to file claims with the bankrupt cryptocurrency exchange is again fully operational after a recent security incident. User accounts that were affected by the breach in August have been unfrozen, the failed crypto trading company announced. Crypto Exchange FTX...
Animoca Game Studio to Launch BTC-Based Metaverse Token, Signaling New Era for Bitcoin
17.9.2023
Animoca Brands subsidiary Darewise Entertainment has announced plans to launch the first-ever metaverse token for the Bitcoin blockchain. The studio says the new token aims to power a full ecosystem on Bitcoin for gaming, brands, and real-world experiences. Bitcoin Enters the Metaverse: Darewise...
Stablecoin Ecosystem Holds Firm Despite Lackluster Activity
17.9.2023
The stablecoin economy has remained relatively lackluster over the past 30 days, fluctuating slightly above or slightly below the $124 billion range. In the last 24 hours, the global trade volume for fiat and commodity-pegged tokens has reached $11.55 billion. Stablecoin Market Shows Resilience...
Axie Infinity’s Stats Slump: A Play-to-Earn Reality Check
17.9.2023
Axie Infinity ranks among the largest blockchain-driven play-to-earn games ever. However, its luster has dimmed considerably from its January 2022 peak. Then, a robust 2.78 million average monthly players flocked to the game. Yet, today’s count stands at a mere 359,254 average monthly...
Fight for Lost BTC in Garbage Dump Continues for British Man, SBF Possibly Abused in Jail, and More — Bitcoin.com News Week in Review
17.9.2023
Former IT professional James Howells is still struggling to recover 7,500 lost bitcoins from a hard drive in a South Wales landfill, after years of failed negotiations with a local city council. Howells is now preparing to take legal action in order to sift through the waste to find his misplaced...
Binance US CEO Is ‘Taking Deserved Break,’ CZ Seeks to Downplay Executive Exodus
17.9.2023
Binance founder Changpeng Zhao has commented on the latest executive departures from his company’s American branch. The changes in the U.S. crypto trading firm’s management, including the release of its chief executive, followed similar developments at the global exchange. CZ Urges Followers...
Deciphering the Differences Between Proof-of-Stake and Proof-of-Work
17.9.2023
As cryptocurrencies continue to evolve, two key consensus mechanisms have emerged for validating transactions on the blockchain: proof-of-work (PoW) and proof-of-stake (PoS). This explainer will examine how these protocols differ and the unique benefits and drawbacks of each. Consensus Mechanisms...
North Korean Hackers Use Russian-Based Exchanges to Launder Stolen Crypto, Report
17.9.2023
Hacking groups linked to North Korea are increasingly using exchanges in Russia to launder crypto, Chainalysis revealed. The shift in their strategy, registered by the blockchain forensics firm, coincides with a drop in the value of the stolen cryptocurrency this year in comparison with...
Debunking Crypto Myths: An Analysis of Kenyan Interior Minister’s Crypto Activity and Terror Funding Argument
17.9.2023
Despite Kenyan Interior Minister Kithure Kindiki’s recent attempt to revive the old crypto terrorism funding narrative, evidence suggests that criminal elements primarily use conventional financial systems when transferring funds. Contrary to Kindiki’s claims, crypto transactions...
Jury Selection Controversy: Prosecutors Criticize ADHD, Effective Altruism Voir Dire Questions in Bankman-Fried Trial
16.9.2023
Sam Bankman-Fried’s legal team and federal prosecutors are clashing over what can be asked of potential jurors before his trial begins next month. The defense and prosecution submitted dueling proposed questions on Thursday, with each side accusing the other of trying to inappropriately sway...
NFL Star Trevor Lawrence and Youtube Influencers Settle Allegations Over FTX Endorsements
16.9.2023
In a recent court document, Jaguars’ quarterback Trevor Lawrence and two others have chosen to settle allegations that they misled investors, leading to losses in the FTX collapse. Lawrence, among several high-profile endorsers of FTX, has not publicly revealed the terms of his settlement....
Dormant 2012 ‘Sleeping Bitcoin’ Addresses Spring to Life, Moving $8.6M in Vintage Coins
16.9.2023
Onchain evidence reveals that three dormant ‘sleeping bitcoin’ addresses, established in January 2012, have awakened, moving a total of 325.19 bitcoin valued at over $8.6 million after an 11-year hiatus. Vintage Bitcoin Vaults Open: $8.6M Moved From 2012 Dormant Addresses Bitcoin News...
Mark Cuban’s Crypto Wallet Hacked, $870,000 Lost
16.9.2023
Hackers have apparently compromised a wallet belonging to billionaire investor Mark Cuban, stealing a number of cryptocurrencies. The owner of the Dallas Mavericks NBA team, who confirmed the breach, has been able to transfer the remaining digital funds to U.S. crypto exchange Coinbase. Mark...
Biggest Movers: TON Surges 14% on Saturday, SHIB Hits 1-Week High
16.9.2023
Toncoin was undoubtedly one of the biggest moves in the top 100, as the token rose by as much as 14% on Saturday. The rise comes as markets continue to react to the news of a recent partnership with Telegram. Shiba inu was also higher, hitting a one-week high. Toncoin (TON) Toncoin rose by...
Bitcoin, Ethereum Technical Analysis: BTC Retreats From Recent High, ETH Consolidated Gains
16.9.2023
Bitcoin retreated from a recent multi-week high on Saturday, as sentiment shifted bearish to start the weekend. The drop comes following a four-day win streak, leading many to see today’s declines as profit-taking. Ethereum was marginally higher. Bitcoin Bitcoin slipped from a two-week high...