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CoinTelegraph

New Bitcoin Yardstick metric says $20K BTC now ‘extraordinarily cheap’

November 2, 2022 by

Only once before has BTC been such good value versus hash rate — and that was long before even the 2017 all-time high.

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Huobi Global reportedly plans relocation to the Caribbean

November 2, 2022 by

The company may relocate up to 200 employees from Seychelles to one of the Caribbean jurisdictions.

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BNB Chain DeFi ecosystem recovers almost one-third in three months

November 2, 2022 by

On the DeFi side of things, BNB Chain suffered a 93% decrease from Q3 of 2021 but has since shown signs of steady recovery.

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Deribit crypto exchange halts withdrawals amid $28M hot wallet hack

November 2, 2022 by

Crypto exchange Deribit halted withdrawals following a hot wallet hack where hackers got away with $28 million in stolen funds.

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Judge orders probe to investigate whether Celsius was a Ponzi

November 2, 2022 by

The Federal judge overseeing the Celsius case has asked for an investigation to look into whether the firm acted like a Ponzi scheme and has asked for additional details before approving a $3 million bonus scheme.

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Stablecoin issuers Circle and Paxos gain approvals in Singapore

November 2, 2022 by

The approvals came after the Monetary Authority of Singapore issued two consultation papers that proposed to ease regulatory hurdles for digital asset service providers.

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Nifty News: NFT marketplace says no to opt-in royalties, Visa jumps on World Cup NFTs and more

November 2, 2022 by

A new NFT marketplace is giving a hard pass to optional royalties, bucking the trend, and NFTs are getting a new home on Ripple’s XRPL.

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Record hash rates may see Big Oil become a major BTC mining player

November 2, 2022 by

Big Oil’s influence over the Bitcoin network is growing stronger due to surging hash rates and distressed mining companies.

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MicroStrategy CEO reiterates ‘long term’ Bitcoin play in Q3 earnings

November 2, 2022 by

The world’s largest corporate holder of Bitcoin has reduced its losses compared to previous earnings as its CEO says it will continue to buy and hold Bitcoin long term.

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Singapore bank DBS uses DeFi to trade FX and state securities

November 2, 2022 by

Major Asian financial institution DBS Bank has applied DeFi technology for a project backed by the Monetary Authority of Singapore.

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BTC miner CleanSpark scoops up thousands of miners amid ‘distressed markets’

November 2, 2022 by

CleanSpark bought over 3,800 mining machines at $15.50 per terahash – far below the current market price of $22.94 and an 85.4% discount from the all-time high costs of $106.62 in Dec. 2021.

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FTX exec revealed as big donor to Oregon Democrats following misidentification

November 2, 2022 by

The FTX director of engineering reportedly contributed $500,000 to the Democratic Party of the American state of Oregon.

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Research report outlines why the crypto market might be on the verge of a reversal

November 1, 2022 by

The bottom might not be in, but a report from Arcane Research outlines how the crypto market could perform in the short, medium and long-term.

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Lightning Network releases emergency update after critical bug on LND nodes

November 1, 2022 by

The bug led LND nodes to fail to sync chain in the second critical bug in less than a month.

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South African grocery giant ‘Pick n Pay’ intends to accept Bitcoin in all stores nationwide

November 1, 2022 by

The company said it will allow customers to pay with any bitcoin lightning-enabled app and QR codes for speedy payments.

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Crypto regulation is 1 of 8 planned priorities under India’s G20 presidency, says finance minister

November 1, 2022 by

Nirmala Sitharaman’s comments came amid the Reserve Bank of India launching its digital rupee pilot program for the wholesale segment.

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Core Scientific may consider bankruptcy following uncertain financial condition: Report

November 1, 2022 by

The mining firm has cited the low price of Bitcoin, electricity costs, an increase in the BTC hash rate, and litigation with Celsius playing a role in its financial difficulties.

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38% of US voters will consider candidates’ position on crypto in midterms: Survey

November 1, 2022 by

Initiated by Grayscale, the survey suggested crypto regulation was a bipartisan issue, with the majority of Democratic and Republican respondents saying they wanted clarity.

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3 major mistakes to avoid when trading crypto futures and options

November 1, 2022 by

Leverage and hedging strategies are powerful ways to use derivatives contracts, but traders usually succumb to these three major mistakes.

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Apple’s absurd new crypto rules expose how out-of-touch it’s become

November 1, 2022 by

The rules, which include enormous fees for cryptocurrency users, set the company up for a fight it will be unable to win.

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Moneygram to enable users to buy, sell and hold cryptocurrency via mobile app

November 1, 2022 by

According to the company, users within select regions can now trade and store Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).

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Bitcoin on-chain data flashes early signs of the BTC bottom being in

November 1, 2022 by

BTC bulls aim to confirm $20,000 as support as fresh on-chain data begins to signal that the bottom might be in.

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Andy Warhol would have loved (or possibly hated) NFTs

November 1, 2022 by
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Bitcoin resistance mounts pre-FOMC as Dogecoin sets 17-month BTC high

November 1, 2022 by

DOGE continues to outperform among major cryptocurrencies with macro volatility incoming thanks to the Fed.

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Can internet outages really disrupt crypto networks?

November 1, 2022 by

While some security issues do exist, major internet outages like the one witnessed across the EU recently cannot really threaten cryptocurrencies or their associated networks.

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Crypto adoption via regulation: Setting rules for centralized exchanges

November 1, 2022 by

While some security issues do exist, major internet outages like the one witnessed across the EU recently cannot really threaten cryptocurrencies or their associated networks.

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MakerDAO co-founder Nikolai Mushegian dies at 29 in Puerto Rico

November 1, 2022 by

Mushegian was an important figure in the crypto community, contributing to multiple projects, including MakerDAO, BitShares and Balancer.

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Chinese central bank exec says digital yuan will offer ‘controllable anonymity’

November 1, 2022 by

China’s digital yuan is one of the earliest CBDCs whose pilot phase has expanded to include millions of users and billions in transaction volume.

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South Korean regulators aim to toughen crypto fraud punishments

November 1, 2022 by

The legislation, separate from the upcoming Digital Asset Basic Act, may came into force already in 2023.

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El Salvador’s Bitcoin purchase information can’t be made public: Trustee

November 1, 2022 by

As a development bank for El Salvador, BANDESAL created a $150 million trust fund to guarantee the convertibility to dollars for citizens and merchants.

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