Quick Look
KuCoin to stop serving Chinese users by the end of the year
Pressure from last month's intensified crackdown by the People's Bank of China is being felt by exchanges serving Chinese users KuCoin has...
Compound bug puts $162 million worth of COMP at risk
The vulnerability comes on the back of a bug in the protocol's contract that saw over $80 million worth of COMP erroneously distributed to...
Friday’s Crypto-Market Breakout Caused Massive Short Covering, May Be Technically Significant: FSInsight
Notable technical breakouts made by some cryptocurrencies on Friday led to “massive short covering and futures short liquidations at the...
Fed to Launch CBDC Review as Early as This Week: Report
The U.S Federal Reserve is set to launch a review of the risks and opportunities in launching a central bank digital currency (CBDC) as...
South African University to Commence Blockchain and Digital Currency Education in November
A South African university, the University of Cape Town (UCT) has revealed it will commence blockchain and digital currency classes...
BTC bull run has ‘at least 6 months to go’ — 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week fresh from its first attempt to crack $50,000 in over a month — what’s in store next? After an encouraging...
CBDC Impact on Banking Sector Could Be Manageable: New BIS Report
A Bank for International Settlements (BIS) working group of seven central banks has determined that the impacts of a central bank digital...
Grayscale adds Solana and Uniswap to Digital Large Cap Fund
The latest adjustment sees SOL added to a Grayscale investment product for the first time, with UNI already a part of the DeFi Fund...
CoinDCX Appoints Bollywood Superstar Amitabh Bachchan as Brand Ambassador
Bollywood legend Amitabh Bachchan, having launched his non-fungible token (NFT) collection earlier this year, will now do his bit to raise...
Hive Blockchain First-Quarter Profit Jumps More Than 10-Fold
Hive Blockchain, a Vancouver-based crypto mining company, said fiscal first-quarter profit surged 10-fold from a year earlier.Hive...
Canadian Bitcoin Mine Operator Facing $7 Million Fine for Setting Up Power Plants Without Permission
Link Global, a bitcoin mine operator in Canada, is facing a fine of up to $7 million for installing power plants to run its miners without...
Polygon Flips Ethereum on Active User Addresses
Active user participation in scaling solution Polygon explodes, giving positive cues to its native cryptocurrency MATIC.Polygon’s count of...
Venezuela Slashes Six Zeroes off Its Currency, Bolivar Keeps Losing Ground Against the Dollar
The Central Bank Of Venezuela applied the announced redenomination plan for the national fiat currency, the bolivar on October 1. This...
The History of DeFi Revised: Marnotaur NFT Collection Public Launch Date Set for October 4th
PRESS RELEASE. Right after the Marnotaur DeFi leverage platform announced the extremely quickly completed of its Marnotaur NFT collection...
Cryptocurrencies Have ‘No Intrinsic Value’ Says South African Hedge Fund Guru
Jean-Pierre Verster, the founder of a South African hedge fund Protea Capital Management, has said he does not believe there is...
Russia, US in Top 3 for Crypto-Related Threats, Cybersecurity Report Unveils
Threats related to cryptocurrency have followed prices, decreasing significantly after the market slump in May, suggests a recent report...
Virgin Galactic Chairman Chamath Palihapitiya Says Bitcoin Has Replaced Gold
Virgin Galactic’s chairman and CEO of Social Capital, Chamath Palihapitiya, says bitcoin has effectively replaced gold. Having...
Coinbase Meeting With US Lawmakers to Discuss Crypto Regulatory Proposal
The Nasdaq-listed crypto exchange Coinbase has been meeting with members of Congress to discuss the cryptocurrency regulation it plans to...
Bitcoin price surge to $49K prompts several altcoins to hit new all-time highs
On Sunday bulls made their intentions clear by briefly pushing Bitcoin (BTC) price above the $49,000 level, a move that prompted many...
Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, XTZ, AXS
The sentiment in the crypto markets can change quickly as seen from the Crypto Fear and Greed Index, which has risen from levels of...
Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals
The central bank of Laos intends to explore issuing its own digital currency, according to a media report that provided details on the...
Salvadoran President Nayib Bukele Says Citizens Paying for Gas With the Chivo Wallet Will Get a Discount
The Salvadoran president, Nayib Bukele revealed on Friday that Chivo wallet users will be able to get a discount on petroleum fill-ups at...
US Lawmakers Urge Fed Chair Jerome Powell to Support Crypto Innovation
Several U.S. lawmakers have called on Federal Reserve Chairman Jerome Powell to support cryptocurrency innovation. “The Federal...
It’s a Multi-Chain World, Bitcoin Just Dominates It
On Tuesday, CoinDesk Research will drop its Quarterly Review for Q3, featuring 60 slides jam-packed with insights, analysis and data. For...
Joe Biden: US Bringing 30 Countries Together to Stop ‘Illicit Use of Cryptocurrency’
President Joe Biden says that the U.S. will bring together 30 countries to stop “the illicit use of cryptocurrency.” The...
$66M in Tokens Added to Recently Hacked, Still Vulnerable Compound Contract
A faulty Compound Finance contract intended to disburse liquidity mining rewards over time has been topped off with $66 million - and...
Futures-based Bitcoin ETF has ‘75% chance of approval’ in October — analyst
A Bitcoin (BTC) exchange-traded fund (ETF) has a 75% chance of being approved this month — in some form. In comments this weekend, Eric...
The Founder of Wallstreetbets Jaime Rogozinski Discusses Defi, NFTs, and Crypto Regulation
In 2021, the subreddit forum r/wallstreetbets, also known as Wallstreetbets (WSB) became an extremely popular forum after the members...
Ethereum fractal from 2017 that resulted in 7,000% gains for ETH appears again in 2021
Bids for Ethereum’s native token Ether (ETH) could rise to $13,000 in the next two months if history repeats. So shows a fractal...
What’s the Real Point of ‘Crypto’ Anyway?
This episode is sponsored by NYDIG.Download this episodeOn this week’s edition of “Long Reads Sunday,” NLW reads four Twitter threads:Alex...
Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners
The government of Kyrgyzstan has recently revised its electricity tariffs for various groups of consumers. Authorities in Bishkek have...
Axie Infinity Co-Founder Says Blockchain Game Plans to Launch a Decentralized Exchange
Sky Mavis, the team that created the Ethereum-powered non-fungible token (NFT) game Axie Infinity, revealed the project plans to launch a...
IMF recommends CBDC and global crypto standards for financial stability
The International Monetary Fund (IMF) released a set of actionable policies for the emerging markets and developing economies to ensure...
Crypto Miners Blamed for Power Supply Deficit in Kazakhstan, Government Mulls Restrictions
Kazakhstan is facing electricity shortages and cryptocurrency mining has been singled out as the main culprit. Amid an ongoing crackdown...
Risk-averse Ethereum traders use this options strategy to increase exposure to ETH
On Oct. 1, the cryptocurrency market experienced a 9.5% pump that drove Bitcoin (BTC) and Ether (ETH) to their highest levels in 12 days....
IMF Warns Crypto Boom Poses New Financial Stability Challenges, Urges Regulators to Step Up
The International Monetary Fund (IMF) warns that the rising popularity of cryptocurrencies poses new challenges to financial stability....
Morgan Stanley acquires more GBTC, Alibaba to halt crypto mining gear sales, and a possible scenario for $6 million BTC: Hodler’s Digest, Sept. 26-Oct. 2
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
World’s Largest Monero Accepting Darknet Market Reveals Retirement Plan — White House Admins Say DNM ‘Reached Its Goal’
One of the largest darknet markets (DNM), White House, announced the market is retiring as the DNM’s administrators say the team...
Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies
Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention...
Exit, Voice and Bitcoin
Blockchain technology presents opportunities for dissonant opinions, fractionalization and internal reform unmatched in the fiat...
Coinbase Reveals Massive Hack of User Accounts: Over 6,000 Customers Lost Funds
The Nasdaq-listed cryptocurrency exchange Coinbase has disclosed that at least 6,000 users were victims of a hacking campaign to gain...
How Two Prime’s Crypto Fund Beat Bitcoin in August
The Two Prime numbers come as total assets under management (AUM) of crypto hedge funds globally increased to nearly $3.8 billion in 2020...
October’s Historical Bitcoin Price Trend Extends Hope for a Renewed Bull Run to End the Year
Bitcoin logged price losses once again for the crypto asset’s fifth consecutive September in its lifetime, but as soon as the month...
Bitcoin investors ‘no longer fearful’ — watch this BTC price level next
Bitcoin (BTC) stayed higher on Oct. 2 after a “fantastic” break to the upside upended market sentiment. BTC/USD 1-hour candle...
This Overlooked Crypto Tax Provision Would Be a Disaster
This episode is sponsored by NYDIG.Download this episodeOn this edition of “The Breakdown’s Weekly Recap,” NLW looks at:Hidden crypto tax...
Study Findings Show 83.7% of Luno Users Are Bullish on Bitcoin’s Resurgence
About 83.7% of those surveyed by Luno in a recent study believe the price of bitcoin will rise significantly in the next few months. In...
Nigeria CBDC Countdown: Central Bank Delays E-Naira Rollout
A spokesperson for the Central Bank of Nigeria (CBN), Osita Nwanisobi, has said the launch of the much-hyped e-naira central bank digital...
Argo Blockchain Purchases 20K Miners From Bitmain for Future Mining Center in Texas
Argo Blockchain, a London-based cryptocurrency mining company, has announced an expansion of its mining capacity that will more than...
YIELD App Named Official Partner of Premier League Football Club West Ham United
PRESS RELEASE. YIELD App, a FinTech company, is thrilled to announce it has become the Official Digital Asset Wealth Management Partner of...
Uzbekistan Warns Citizens to Avoid Unlicensed Cryptocurrency Exchanges
A government agency in Uzbekistan has published a list of unauthorized crypto exchanges that residents of the country have been advised to...
Defi Platform Compound Bug Allows Users to Claim $88 Million in Tokens
Compound, one of the trademark defi protocols on the Ethereum blockchain, is experiencing a bug that allows users to reclaim unusually...
Massive airdrop and AXS staking catapult Axie Infinity to a new all-time high
Airdrops have become the cryptocurrency ecosystem’s equivalent of stimulus checks over the past couple of years and further proof of this...
Grayscale Adds Solana to $494M Digital Large Cap Fund
Grayscale added Solana’s namesake token and the decentralized finance token Uniswap to its large-cap crypto fund for the first time...
Italian Luxury Fashion House Dolce & Gabbana Sells NFT Collection for $5.7 Million
On September 30, the Italian luxury fashion house Dolce & Gabbana sold an NFT collection for $5.7 million or 1,885 ether. The...
OMG eyes a new all-time high after unveiling its ‘Boba Network’ layer-2 solution
In September the frenzy that propelled the nonfungible token (NFT) sector quieted down but a burst of fresh energy emerged as the...
Mars4: Highly Liquid MARS4 Dollars and Revenue Generating Mars Terrain NFTs
The red planet is a mystery to man and his obsession with it has created many legends and myths over the centuries. As the US’s...
Brazil’s Central Bank Says Local B3 Stock Exchange Could Be Oracle of Its CBDC
Brazil’s B3 stock exchange could serve as the information oracle for the smart contract system of a digital real (CBDC), according to the...
Market Wrap: Cryptocurrencies Rally as Short Sellers Exit Positions
Cryptocurrencies rallied on Friday as bitcoin broke above $47,000 for the first time in two weeks. BTC is up about 10% over the past 24...
Third-Largest Bank in France Societe Generale Proposes Use of Defi Protocol Makerdao
French multinational investment bank and financial services company, Societe Generale, has proposed to leverage the decentralized finance...
Gary Vaynerchuk Doodle Outsells Warhol, Pollock, Neel and More at Christie’s Auction
Media mogul and erstwhile wine blogger Gary Vaynerchuk sold a doodle of an elephant at Christie’s today for $412,500.“Empathetic...
Altcoins take the next leg up after Bitcoin price holds $47.5K
Bullish sentiment returned to the cryptocurrency ecosystem on Oct. 1 after a 10% spike in the price of Bitcoin (BTC) lifted it above the...
Price analysis 10/1: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, LUNA, UNI
The month of September stayed true to its billing as a historically weak period for cryptocurrencies. Bitcoin (BTC) closed the month with...
Compound Founder Says $80M Bug Presents ‘Moral Dilemma’ for DeFi Users
If a decentralized finance (DeFi) protocol accidentally gave you millions of dollars in tokens, are you obligated to give it back?In an...
Powell Says No Crypto Ban as ‘Uptober’ Kicks Off
This episode is sponsored by NYDIG.Download this episodeOn today’s episode, NLW discusses the market mood shift as September becomes...
‘Coinbase Premium’ Indicates ‘Whales’ on Binance May Be Behind Bitcoin’s Rally
Since U.S. markets opened on Friday, bitcoin’s price has risen by nearly 10%. A popular indicator used by bitcoin traders may explain the...
3 factors that can send Ethereum price to 100% gains in Q4
Ethereum’s native token, Ether (ETH), has the potential to double its market valuation in the coming months, thanks to a confluence of...
Why Digital Asset Adoption in Commerce Is Gaining Momentum
A number of large companies have been adding significant amounts of bitcoin to their balance sheets, signaling corporate America’s growing...
SEC Delays 4 Bitcoin ETF Deadlines — Regulator ‘Finds It Appropriate to Designate a Longer Period of Time’
On Friday, the U.S. Securities and Exchange Commission (SEC) has delayed four bitcoin exchange-traded funds (ETF) deadlines for another 45...
From a DeFi Summer to the Explosive Growth of Bitcoin: A Year in Retrospect
It’s hard to believe it has been a year since Michael Casey and Sheila Warren launched the “Money Reimagined” podcast.This episode is...
Introducing the Decentralized Money Stack
This week, when the team at MIT Technology Review put me into a fireside chat with journalist Charlotte Jee during their Emtech MIT...
Why NFTs can be a riskier investment than cryptocurrencies, report
Investors who survived the 2008 financial crisis understand the importance of liquidity. When an economic recession starts, deflationary...
Crypto City: Guide to Tokyo
This “Crypto City” guide looks at Tokyo’s crypto culture, the city’s most notable projects and people, its financial infrastructure at...
Is Mozilla Trying to Sabotage Distributed Identity?
Coin Center, the cryptocurrency lobbying group that vaulted into the spotlight during the recent U.S. Senate fight over crypto tax...
Bitcoin history repeating? 3 indicators suggest October will reignite the BTC bull market
Bitcoin (BTC) failed to break the so-called September curse as its price fell by a little over 7% into the month despite a strong rebound...
The Intersection of Eth 2.0 Validating and Cloud Computing Explained
In this week’s episode, CoinDesk’s Christine Kim and Consensys’ Ben Edgington discuss the security and running costs of CoinDesk’s...
Stablecoin Issuers Could Soon Face Bank-Like Regulations
Stablecoin issuers like Tether and Circle could soon be subject to bank-like regulations, according to a report from the Wall Street...
Coinbase Multi-Factor Authentication Hack Affects at Least 6,000 Customers
A vulnerability that allowed hackers to bypass Coinbase’s multi-factor authentication SMS option has affected at least 6,000 of the...
Tehran Stock Exchange Head Resigns Over Mining Rigs Found at Organization’s Office
The director of Tehran’s Stock Exchange has resigned from his post following the discovery of cryptocurrency mining rigs in his...
Crypto News Roundup for Oct. 1, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Bitcoin Rallies Above $47K, Resistance at $50K —...
Rep. Emmer: Government Is ‘Trying to Gain Control Over’ Crypto
Yesterday, U.S. Federal Reserve Chairman Jerome Powell said he has no intention of banning cryptocurrencies. It’s unclear whether the...
We Can Use as Much Energy as We Want, Forever
I am a committed environmentalist, both in my personal life and in my stance on public issues. I’m an Eagle Scout who once spent a month...
IMF Says Crypto Boom Poses Challenges to Financial Stability
The International Monetary Fund (IMF) said more regulation is needed as the burgeoning cryptocurrency industry poses a number of...
The Bored Ape Founders Haven’t Yet Joined the Yacht Club
It’s now a tech cliche: “They dropped out of college and became startup millionaires.” Yawn. Happens all the time. Until now, however,...
Fitch: Debt Limit Fight Could Endanger US’s ‘AAA’ Rating
Rating agency Fitch has issued a warning that Congressional debate about whether or not to raise the debt ceiling could threaten the...
Singapore Grants Crypto Licenses to DBS and Independent Reserve
The Monetary Authority of Singapore (MAS), the country’s central bank, has formally approved two companies to provide crypto...
Chainalysis, Gensler and a Supposed Senate Bid
This week, “Opinionated” hosts Anna Baydakova, Danny Nelson and Ben Schiller address an emerging global trend: an increasing frequency of...
Where to buy Golem as GLM records 15% gains
The Golem (GLM) token has seen a strong rally in the past 24 hours and is trading at $0.5 at the time of writing The GOLEM token has seen...
Popular Bitcoin ATM Operator: Bitcoin of America Working With WGN Radio to Promote Cryptocurrency Education
PRESS RELEASE. Bitcoin of America (BOA) is a popular virtual currency exchange, headquartered in Chicago, IL. They are known for their...
SEC Delays Decision on 4 Bitcoin ETFs
The U.S Securities and Exchange Commission (SEC) has delayed its decision on four proposals for bitcoin exchange-traded funds (ETFs).The...
‘Say hi to Uptober’ — Bitcoin price surges above $47K in minutes, liquidating $270M in shorts
Bitcoin (BTC) shot to nearly $48,000 during Oct. 1 as a classic “short squeeze” liquidated over $270 million of crypto positions in under...