The number of wallets with less than $10 in BTC swelled by 75% in the same period but cryptocurrency’s middle class shrank. Read More at https://cointelegraph.com/news/bitcoin-bottom-slowly-erodes-whale-wallets-increase-3?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: September 2024
Digital Asset, DTCC complete collateral tokenization pilot
The project aimed for speed, privacy and legal compliance while using highly accessible and desirable US Treasury bonds as a collateral asset. Read More at https://cointelegraph.com/news/blockchain-pilot-tokenized-usts-dtcc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Price analysis 9/23: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin bears are defending the $65,000 resistance, but if it gives way, BTC and altcoins are likely to chase new all-time highs. Read More at https://cointelegraph.com/news/price-analysis-9-23-spx-dxy-btc-eth-bnb-sol-xrp-doge-ton-ada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitfarms, Riot settle dispute with board changes
Bitfarms’ board will see Andrés Finkielsztain step down, while Amy Freedman and a sixth member will join the board. Read More at https://cointelegraph.com/news/bitfarms-riot-settle-dispute-board-changes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bankroll Network DeFi hacked, $50M phisher moves crypto on CoW: Crypto-Sec
Bankroll Network is reportedly drained of $230,000 through a loan exploit, while a phishing scammer used CoW protocol for laundering. Read More at https://cointelegraph.com/magazine/bankroll-attacked-cow-laundering/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
China still controls 55% of Bitcoin hashrate despite crypto ban
China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021 Read More at https://cointelegraph.com/news/chinese-bitcoin-miners-control-55-of-network?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
After Friend.tech’s failure, SocialFi must ‘cross the chasm’ to succeed
In the wake of Friend.tech’s collapse, Cointelegraph spoke with industry leaders to find out what went wrong and what comes next. Read More at https://cointelegraph.com/news/friendtech-failure-socialfi-success-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s new price targets of over $80K may not actually be the 'all-time high'
Bitcoin reached a new all-time high of $73,880 in USD terms earlier in 2024, but toppling it by 2025 does not take it above 2021’s inflation-adjusted value. Read More at https://cointelegraph.com/news/bitcoin-new-price-target-80k-all-time-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BlackRock Bitcoin ETF demands 12-hour BTC withdrawals from Coinbase
BlackRock and ETFs have saved “BTC’s price from the abyss repeatedly,” according to Bloomberg’s senior ETF analyst. Read More at https://cointelegraph.com/news/blackrock-bitcoin-etf-amendment-coinbase?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
TON-based wallet to support crypto assets on Tron
MyTonWallet said that it would support TRX, USDT and other crypto assets using the TRC-20 token standard. Read More at https://cointelegraph.com/news/mytonwallet-supports-tron-digital-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound