Friday, January 28, 2022
The uptrend in large bitcoin transaction volumes started around October 2020 when the BTC price was between $10,000 and $11,000, according to Glassnode. Still, the uptrend in transfer volumes has slowed over the past few months as BTC...
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Outflows do not necessarily imply passive investing and investors often tokenize coins drained from centralized exchanges on the Ethereum blockchain to earn extra yield. The number of wrapped bitcoin (WBTC) has increased by 13,000 this year, extending the...
Binance Smart Chain-based Qubit Finance was exploited for over $80 million by attackers on Friday morning, developers confirmed in a post.“The hacker minted unlimited xETH to borrow on BSC. The team is currently working with security and network...
BSTX, a joint venture between tZero and Boston Options Exchange (BOX) Digital Markets, has received the green light from the U.S. Securities and Exchange Commission (SEC) to operate a blockchain based securities exchange.BSTX is aiming for immediate or...
The U.S. Department of Justice (DoJ) has indicted Project Investors Inc. (also known as Cryptsy) CEO and founder Paul Vernon for stealing $1 million from wallets that the now-defunct crypto exchange controlled, the agency announced Wednesday.In a 17-count...
Good morning. Here’s what’s happening:Market moves: Bitcoin extends drop before rising slightly; Crypto Twitter was dominated by the DeFi Wonderland drama.Technician's take: BTC's upside remains limited given the intermediate-term downtrend.Catch the latest episodes of CoinDesk TV for insightful...
Fidelity Investments has filed an application for a Metaverse ETF, aiming to track public companies with exposure to the blockchain-based network of three-dimensional, virtual realities.The Fidelity Metaverse ETF will track the Fidelity Metaverse Index, which tracks “the performance...
A scandal has rocked investor faith in a popular stablecoin, and as users rush to exit, the clamor is threatening to throw the asset off its dollar peg.Even worse, however, some observers worry that one stablecoin losing its...
The Treasury Secretary already has this power in limited quantities. Under existing law, the regulator, in consultation with the Federal Reserve Chair, Secretary of State, federal regulators and other agencies can impose these restrictions on transactions. However, a...