Search
Binance US Arbitrage: Social Media Users Say BTC Discount Not Indication of an Opportunity
10.7.2023
For several days since Binance US announced the resumption of withdrawals, bitcoin (BTC) has changed hands at a discount and was trading at more than $2,500 below the prevailing market price on July 10. The emergence of a discount on crypto assets paired with USD on Binance US has fueled...
Treasury Secretary Yellen: BRICS Currency Won’t Threaten US Dollar Dominance
10.7.2023
U.S. Treasury Secretary Janet Yellen has stated that she does not see the U.S. dollar’s dominance being threatened by any development, including the proposed BRICS currency. Yellen stressed that all the data of which she is aware shows that the dollar is overwhelmingly used in international...
Vitalik Calls Out ‘Centralized World’ Stifling Crypto Innovation, Tim Draper Adjusts BTC Price Prediction, and More — Week in Review
9.7.2023
“The real competition is not other chains, it’s the rapidly expanding centralized world that is imposing itself on us as we speak.” So says Ethereum co-founder Vitalik Buterin addressing the current volatile regulatory realities in crypto. In other news, venture capitalist Tim Draper...
Democratic Presidential Candidate Robert Kennedy Jr Holds Up to $250,000 in Bitcoin, Records Show
9.7.2023
According to a report published on Friday, Robert F. Kennedy Jr., a Democratic presidential candidate, holds between $100,000 and $250,000 in bitcoin (BTC). The holdings contradict his statements at the Bitcoin 2023 conference in May, where Kennedy claimed he was not an investor. Kennedy’s...
New Report: FTX Abandoned the Deal with Taylor Swift, Not the Other Way Around
7.7.2023
Now-defunct cryptocurrency exchange FTX pulled out of the planned deal with Taylor Swift, not the other way around.
According to sources cited by The New York Times, Swift signed a proposed tour sponsorship agreement with FTX in the spring of 2022, following six months of negotiations.
The deal...
Multichain Woes: Users Informed of an ‘Abnormal’ Transfer of Assets to Unknown Address
7.7.2023
Users of the cross-chain protocol Multichain were on July 6 informed of an abnormal transfer of lockup assets on the Multichain MPC address to an unknown address. While the Multichain team has urged users to stop using the cross-chain protocol, Binance CEO Changpeng Zhao (CZ) told his followers...
‘No, we’re not smuggling people’ - Bitcoin advocate tours Europe in BTC-styled van
7.7.2023
A Bitcoin-themed van promoting adoption around Europe has seen its fair share of drama, including a midnight stop and search by law enforcement agencies
Privacy is not the core feature of Bitcoin, KuCoin CEO says
7.7.2023
KYC is an important measure for crypto exchanges to protect and recover user funds in the case of theft or hacking, KuCoin CEO Johnny Lyu said
IMF Working Paper Urges Tax System Overhaul to Tackle Crypto’s Tax Collection Challenges
7.7.2023
A research paper published by the International Monetary Fund (IMF) warns that tax collection is significantly more challenging with cryptocurrency assets, and current tax systems are not designed to handle them. The IMF’s working paper emphasizes that certain crypto assets may not persist...
Ark Invest Report Reveals 70% of Circulating Bitcoin Supply Remains Unmoved for a Year
6.7.2023
In a newly published report by the American investment management firm Ark Invest, the leading cryptocurrency, bitcoin (BTC), has found support from “strong holders and improved institutional sentiment.” Ark detailed that during the month of June, the supply of bitcoin that has...
Cyberpunk 2077 Players Protest Reddit By Posting Nudes
6.7.2023
Open-world sci-fi RPG Cyberpunk 2077’s biggest subreddit recently switched to NSFW (not safe for work,) with the explanation that the game it is focused on is a mature game filled with nudity and gore. However, Reddit allegedly demanded that mods of the subreddit quickly revert the change. The mods...
Bitcoin Blockchain Clears Over 187,000 Unconfirmed Transactions Since Last Week
5.7.2023
Throughout the past week, the Bitcoin blockchain has successfully confirmed over 187,000 unconfirmed transactions, as shown by recent statistics. This has not only reduced a significant portion of the congestion but also led to a decrease in onchain fees within the same period. Bitcoin Fees...
Mark Cuban Says SEC Makes Mistakes in Crypto Regulation, Calls Regulator ‘Arrogant’
5.7.2023
Mark Cuban, a Shark Tank star and owner of the NBA team Dallas Mavericks, has slammed the U.S. Securities and Exchange Commission (SEC) for taking a wrong approach to regulating the crypto industry. “The SEC is not infallible. It makes mistakes,” the billionaire stressed, adding that if the SEC...
Former SEC Official Calls CBDC ‘the Most Absurd Financial Idea’ Citing Unnecessary Risks, Privacy, Cybersecurity Concerns
5.7.2023
The U.S. Securities and Exchange Commission’s (SEC) former head of internet enforcement has called the creation of a central bank digital currency (CBDC) “the most absurd financial idea in the history of monetary policy.” He warned that a central bank digital currency not only creates...
PowerWash Simulator's New DLC Is Going To Clean Up (Not Sorry)
4.7.2023
The rise and rise of 2022's PowerWash Simulator is everything that’s right with video games. It’s a game about washing the dirt off stuff, delivered with absolute sincerity, and extremely well made. It got me through a horrible bout of Covid, as I meticulously scrubbed every fleck of dirt from...
Valve Does Not Want To Discourage The Use Of AI In Games
4.7.2023
Last week, there was wide speculation that Valve might be intending to ban games that use AI-generated content, following a post on Reddit that suggested the practice was not being allowed. However, this seems not to be the case—at least, it’s nowhere near that simple—following a statement given...
Prediction: Will the Ethereum Price Break $2,000? Not Before Wall Street Memes Hits $12.5 Million
4.7.2023
The price of Ethereum (ETH) has dipped slightly today, dropping to $1,954 as the cryptocurrency market as a whole rises by 0.5% in the past 24 hours.
ETH is now up by 4% in a week and by 13% in the past fortnight, following the weekend's jump beyond $1,900, which now puts it up by 83% in the last...
Winklevoss slams DCG's Silbert — Not even SBF was 'capable of such delusion'
4.7.2023
In an open letter, Cameron Winklevoss slammed DCG's Barry Silbert for allegedly playing the victim card while owing $1.2 billion to Gemini’s 232,000 Earn customers
Vitalik Buterin declares he is not staking all of his ETH, merely a 'small portion’
2.7.2023
Ethereum co-founder Vitalik Buterin explained the “biggest reason” is because it has to be on a multisig – which are still “fairly difficult” to set up
Cboe Resubmits Spot Bitcoin ETF Filings With Coinbase as Surveillance-Sharing Partner Amid SEC Dissatisfaction
1.7.2023
In response to reports suggesting that the recent wave of spot bitcoin exchange-traded funds (ETFs) filed in recent weeks did not meet the U.S. Securities and Exchange Commission’s (SEC) standards, the Chicago Board Options Exchange (Cboe) has resubmitted four 19b-4 filings for these ETFs....