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Bitcoin price threatens $19K support ahead of ‘most hyped’ CPI print

October 13, 2022 by

Nerves are showing on the market after several days of Bitcoin “stuck” in a tiny trading range.

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Bank of China: Digital yuan transactions volume crossed $14B mark

October 13, 2022 by

The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong.

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Offchain Labs acquires Ethereum core dev team Prysmatic Labs

October 13, 2022 by

Through the deal, Offchain Labs hopes to build a sustainable future for Ethereum, through greater communication between teams developing on both layers and direct collaborations.

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Barely halfway and October’s the ‘biggest month’ in crypto hacks: Chainalysis

October 13, 2022 by

While 2021 was the biggest year on record for crypto hacks, 2022 could “likely” beat the record “at this rate” according to Chainalysis.

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Couple sent $10.5M by Crypto.com claim they thought they won a prize

October 13, 2022 by

The duo allegedly went on a spending spree with Crypto.com’s funds, buying four houses, vehicles, art, furniture and gifts, but 7 million AUD has now been returned.

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Russian stablecoin usage surged after Ukraine invasion: Report

October 13, 2022 by

According to Chainalysis data, Russia’s stablecoin usage has increased since the onset of the war, due partly to ordinary Russian citizens seeking to protect their assets.

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STEPN to sack 100 staff as players step away from the move-to-earn app

October 13, 2022 by

The move-to-earn blockchain game has seen a significant drop in its user base and its rewards token has taken a decline due to the cryptocurrency market conditions.

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French police use Twitter crypto sleuth’s research to catch scammers

October 13, 2022 by

The alleged fraudsters built a BAYC and MAYC NFT focused website that masqueraded as a service to animate the apes but instead phished victims details to steal their NFTs.

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Further BTC mining consolidation as Crusoe acquires peer mining firm

October 13, 2022 by

Crusoe Energy Systems has just acquired the operating assets of Great American Mining, a sign that further consolidation could be ahead.

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Blockchain.com gets regulatory nod from Singapore’s central bank

October 13, 2022 by

Blockchain.com becomes the second crypto exchange in two days to receive preliminary approval to provide crypto services within the growing crypto hub.

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Polygon powers India police complaint portal, battling corruption

October 13, 2022 by

The First Information Report (FIR) launched on Polygon allows the citizens of Firozabad to register complaints against the police without worry of it being dismissed or manipulated.

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Court partially denies Aptos Lab’s motion to dismiss Glazer’s $1 billion lawsuit

October 12, 2022 by

Four legal claims were dismissed by the court, while three others were allowed to proceed.

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Brazil’s Rio de Janeiro will accept crypto-payments for property taxes

October 12, 2022 by

The city will allow taxpayers to make crypto payments through third-party service providers.

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Acting CoC Michael Hsu: Crypto is ‘immature,’ but maybe it doesn’t have to go away

October 12, 2022 by

The acting U.S. official added nuance to his well known skepticism about the crypto industry, but warns against accommodation, in speeches on risk and regulation.

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Many crypto asset activities pose ‘novel risks’ to banks, says Fed vice chair for supervision

October 12, 2022 by

Michael Barr suggested financial institutions engage with U.S. regulators to ensure “safe, sound, and legally permissible” activities around use cases of innovative technologies.

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Axie Infinity player count falls back to Jan 2021 levels

October 12, 2022 by

The numbers represent a 74% decrease from peak levels witnessed just ten months ago.

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The SEC was right to whack Kim Kardashian for shilling Ethereum Max

October 12, 2022 by

Kim Kardashian disclosed that she was paid for promoting Ethereum Max — but didn’t tell her followers the exact amount. The SEC did the right thing when it fined her for that oversight.

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nxyz raises $40M to enable faster blockchain indexing

October 12, 2022 by

The Web3 platform will focus on expanding its team globally and onboarding several more blockchains in the upcoming months.

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Coinsquare becomes first Canadian crypto exchange to receive IIROC registration

October 12, 2022 by

All crypto exchanges must register with IIROC if they want to operate in Canada, and there is currently a backlog of applications.

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Damien Hirst burns $10M in art: Nifty Newsletter, Oct 5–11

October 12, 2022 by

Racing league Formula One is positioning its brand in Web3 as it files trademark applications for “F1” covering crypto and NFTs.

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Mango Markets hacker proposes steep settlement

October 12, 2022 by

The Solana DeFi protocol suffered a $117 million exploit on Oct. 11, and the hacker wants 70M USDC in “bug bounty.”

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From neglecting security to bad tokenomics, DeFi has played a hand in its own decline

October 12, 2022 by

Tokenomics aimed at financing worthless models, rampant hacks, and a lack of real-world utility have played a role in the beleaguered crypto market’s decline.

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Coin Center files lawsuit against US Treasury over Tornado Cash sanctions

October 12, 2022 by

The advocacy group alleged OFAC “exceeded their statutory authority” in sanctioning Tornado Cash because the mixer was a “privacy tool beyond the control of anyone.”

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Price analysis 10/12: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

October 12, 2022 by

Bitcoin and most altcoins are likely to witness a pick in volatility following the CPI print on October 13.

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Custodia Bank founder Caitlin Long has some strong words about the Fed and BNY Mellon

October 12, 2022 by

The head of the Wyoming-based bank was taken aback when BNY Mellon was approved to provide crypto custody services; her bank’s master account application is still not processed.

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Senator Warren leads the charge against energy consumption claims on Texas crypto miners

October 12, 2022 by

According to a letter penned by seven U.S. lawmakers, ERCOT was “intimately connected” with the growth of crypto mining in Texas.

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NFTs create a more frictionless experience for collectors, says RTFKT co-founder

October 12, 2022 by

Cointelegraph spoke with Steven Vasilev, the co-founder of RTFKT to learn more about how NFCs and NFTs can be used together to create better user experiences.

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Crypto.com invests $145M in new European headquarters

October 12, 2022 by

The Singapore-based crypto exchange announced Paris, France as its regional headquarters after receiving its French Digital Asset Service Provider license in September.

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Bankman-Fried: Rescue market is drying up, and we’re all to blame for its existence

October 12, 2022 by

The crypto billionaire said he would look at Celsius, but he saw little left to rescue otherwise; the mess is the price of inaction on the part of regulators and the industry.

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BTC price wobbles on US PPI as Bitcoin futures open interest hits peak

October 12, 2022 by

Bitcoin-denominated futures open interest hits 660,000 BTC despite volatility remaining comparatively flat.

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