npub1j5eg...7wjd 1 year ago

Governments in more eco-friendly nations contemplating a ban on Bitcoin mining may be inflicting more significant harm on the global economy, according to researchers.

Cointelegraph

Bitcoin mining bans may lead to ‘unintended consequences’ for environment

“Well-intentioned policies may lead to unintended consequences,” state researchers from Exponential Science regarding nations banning Bitcoin m...

npub1j5eg...7wjd 1 year ago

Security incidents like exit scams, flash loan attacks and exploits pushed crypto losses to $129.6 million in October.

Cointelegraph

October crypto losses reach $129M from hacks and exit scams

CertiK reported that $1.5 million was lost to flash loan attacks, while $1.2 million in losses were from exit scams.

npub1j5eg...7wjd 1 year ago

Memecoins, riding the sudden rise in popularity of “Peanut the Squirrel,” has hit the Solana decentralized finance (DeFi) markets, with some tokens even reaching a market capitalization above $120 million.

Cointelegraph

Viral squirrel ‘Peanut’ triggers Solana memecoin frenzy

A memecoin based on Fred, the raccoon euthanized with Peanut, has also reached a market cap of $8.2 million.

npub1j5eg...7wjd 1 year ago

Following claims from the CEO of Moonrock Capital — a crypto-native advisory and investment firm — that Binance demanded 15% of an unnamed prospective project's total token supply to secure a listing on the centralized exchange, Binance co-founder Yi He responded by denying the claims and clarifying Binance's listing policies.

Cointelegraph

Binance co-founder clarifies asset listing policies, dispels FUD

Binance co-founder Yi He recently took to X to clarify Binance

npub1j5eg...7wjd 1 year ago

The federal agency tasked with protecting the nation’s elections systems has retreated from some of the key work it did to counter false and viral information about voting in the 2020 election, including dismissing or ignoring multiple internal and external policy proposals to combat disinformation, numerous sources familiar with the matter told CNN. https://edition.cnn.com/2024/11/02/politics/federal-agency-combat-election-lies/index.html

npub1j5eg...7wjd 1 year ago

Cryptocurrency exchange Coinbase has discovered “over 20 examples” of the United States regulator advising US banks to steer clear of crypto-related banking services, according to its chief legal officer.

Cointelegraph

Coinbase finds over ’20 examples’ of FDIC telling banks to avoid crypto

Cryptocurrency exchange Coinbase claims to have uncovered evidence of the FDIC advising banks to “refrain from providing” or “not proceed” ...

npub1j5eg...7wjd 1 year ago

Following a controversy that erupted in May 2024, Ethereum Foundation researcher Justin Drake announced his resignation from the Eigen Foundation — the entity responsible for overseeing the development of the Eigenlayer restaking protocol — in a November 2 social media post.

Cointelegraph

‘I dropped the EigenLayer advisorship’ — ETH Foundation’s Justin Drake

Ethereum Foundation researcher Justin Drake reveals that he has left his position as an advisor to the Eigen Foundation — the entity behind Eigen...

npub1j5eg...7wjd 1 year ago

Non-fungible tokens (NFTs) broke their seven-month downward trend in October as digital collectibles recorded an 18% increase in volume.

Cointelegraph

NFT sales surge 18% as all-time volume on Solana nears $6B

Solana-based NFTs recorded $67 million in sales volume in October, pushing the network’s all-time NFT sales to almost $6 billion.

npub1j5eg...7wjd 1 year ago

Bitcoin recently hit an all-time high of over 100,000 Canadian dollars. Dean Skurka, President and CEO of WonderFi — a digital financial services company — believes interest rate cuts in Canada and the United States, as well as the upcoming 2024 US Presidential election, will continue to drive the price of Bitcoin higher between the next 6-24 months.

Cointelegraph

Macro factors in Canada and US good for Bitcoin

WonderFi CEO Dean Skurka reveals current macroeconomic factors in Canada and the United States that are positive catalysts for the price of Bitcoin

npub1j5eg...7wjd 1 year ago

One year after bringing historic indictments against former President Donald Trump, the prosecutors left in special counsel Jack Smith’s office are gaming out legal options and bracing for retribution if Trump returns to the White House. https://edition.cnn.com/2024/11/01/politics/special-counsel-jack-smith-donald-trump-investigation/index.html

npub1j5eg...7wjd 1 year ago

Solana layer-2 blockchain Sonic has surpassed a significant staking milestone, announcing a new partnership to promote the growing restaking industry on the Solana network.

Cointelegraph

Sonic SVM tops $50M in Solana staking, announces new partnerships

Solana-based restaking and liquid staking could follow the explosive growth trajectory of Ethereum’s liquid staking ecosystem.

npub1j5eg...7wjd 1 year ago

Superscrypt, a blockchain and Web3-focused venture capital firm backed by Singapore’s state-owned investment firm Temasek, is reportedly seeking a $100 million capital raise to establish a new investment fund.

Cointelegraph

Temasek-backed blockchain VC firm to start new investment fund: Report

Venture capital firm Superscrypt seeks to establish a new investment fund in partnership with fintech firm Republic, according to unnamed sources.

npub1j5eg...7wjd 1 year ago

XYO, a decentralized physical infrastructure network (DePIN), has bridged from Ethereum to Solana, citing the layer-1 blockchain network’s “high throughput, low transaction costs, and scalability,” XYO said in an Oct. 31 blog post.

Cointelegraph

DePIN XYO launches on Solana

XYO, a decentralized physical infrastructure network (DePIN), has bridged from Ethereum to Solana.

npub1j5eg...7wjd 1 year ago

As the 2024 US elections draw closer, digital assets have become a political issue for the first time, as industry executives and advocates apply pressure on candidates to pass pro-industry policies and embrace the future of money.

Cointelegraph

Crypto voters guide to Congressional legislation for the 2024 election

Cointelegraph outlines key pieces of Congressional legislation regarding digital assets currently up for consideration during the 2024 election cycle.

npub1j5eg...7wjd 1 year ago

On the day President Joe Biden announced he would not seek reelection, he convened his senior team at the White House, asking for a plan to “run through the tape” in his final six months in office, implementing key laws and cementing foreign policy, chief of staff Jeff Zients told political appointees on a call this summer. https://edition.cnn.com/2024/11/01/politics/biden-legacy-trump-election/index.html

npub1j5eg...7wjd 1 year ago

With less than a week until Election Day in the United States and many people voting early, Republican presidential candidate Donald Trump took to his social media platform to remind voters of his campaign promises on crypto.

Cointelegraph

Donald Trump makes a last-minute appeal to crypto voters

Writing on the Bitcoin white paper publication anniversary, Donald Trump called on his social media followers to vote for him based on his promises...

npub1j5eg...7wjd 1 year ago

MicroStrategy’s ambitious goal of buying $42 billion worth of Bitcoin by 2027 could be a winner for shareholders, according to an Oct. 31 analyst report shared with Cointelegraph.

Cointelegraph

MicroStrategy’s $42B Bitcoin bet is bullish for shareholders — Analyst

MicroStrategy’s ambitious goal of buying $42 billion worth of Bitcoin by 2027 could be a winner for shareholders, one analyst says.

npub1j5eg...7wjd 1 year ago

Stablecoin issuer Tether has delivered another quarter of record-breaking earnings, posting $2.5 billion in profits in the third quarter of 2024.

Cointelegraph

Tether posts $2.5B in Q3 profits, with 2024 earnings reaching $7.7B

Tether posted $2.5 billion in earnings in the third quarter, with a consolidated profit of $7.7 billion in the first nine months of 2024.

npub1j5eg...7wjd 1 year ago

On Oct. 31, Binance revealed a partnership with Amazon Web Services (AWS) to leverage Amazon’s generative artificial intelligence to streamline the Know Your Customer (KYC) verification process and handle service requests on the Binance platform.

Cointelegraph

Binance partners with Amazon Web Services to enhance user experience

Binance and Amazon Web Services (AWS) have teamed up to make Binance services more efficient and provide a better experience to the end-user.

npub1j5eg...7wjd 1 year ago

Scheduled to be sentenced on the afternoon of Oct. 30, former FTX engineering director Nishad Singh has submitted an 11th-hour letter from the company’s current CEO, who said he would provide “further assistance and cooperation” in the firm’s bankruptcy case.

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