Bitcoin has lost more than 10% in the past two weeks as fear of a US recession, spot Bitcoin ETF outflows and the threat of miner capitulation grows. Read More at https://cointelegraph.com/news/bitcoin-price-loses-traction-as-miner-profits-drop-and-etf-outflows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Coinbase CLO says he’s ‘encouraged’ by Harris campaign reaching out
With 63 days until the US election and early voting starting in September, single-issue crypto voters have a limited window to decide between Kamala Harris and Donald Trump. Read More at https://cointelegraph.com/news/coinbase-chief-legal-officer-kamala-harris-campaign-encouraging?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin falls alongside stocks following Bank of Japan rate hike comments
Bitcoin opens the week in the red as comments from the Bank of Japan and a sharp sell-off in equities markets negatively impact BTC price. Read More at https://cointelegraph.com/news/bitcoin-falls-alongside-stocks-following-bank-of-japan-rate-hike-comments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FBI warns of North Korean ’social engineering’ schemes to steal crypto
DPRK scammers have been employing fake offers of employment and investment opportunities to trick crypto users into downloading malware. Read More at https://cointelegraph.com/news/fbi-warning-north-korea-scheme-steal-cryptocurrency?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How much Bitcoin does the average whale hold?
Bitcoin addresses with balances between 1,000 and 10,000 BTC hold the largest share, 24.17%, of the total BTC supply. Read More at https://cointelegraph.com/news/how-much-bitcoin-does-the-average-whale-hold?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC charges fund adviser Galois Capital for FTX crypto custody
The fund allegedly lost about half of its assets following FTX’s collapse. Read More at https://cointelegraph.com/news/sec-charges-galois-capital-ftx-asset-custody?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin network hashrate reaches new all-time high
Bitcoin network difficulty, a closely related yet separate metric, is also at historically high levels and currently sits at 89.4 trillion. Read More at https://cointelegraph.com/news/bitcoin-network-hashrate-reaches-new-all-time-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
21.co launches Bitcoin wrapper on Ethereum
It aims to bring institutional-grade security to wrapped BTC. Read More at https://cointelegraph.com/news/21-co-launches-bitcoin-wrapper-ethereum?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Matter Labs CEO announces company restructuring, layoffs
Matter Labs is the creator of the Ethereum layer-2 scaling solution ZKsync. Read More at https://cointelegraph.com/news/matter-labs-ceo-announces-company-restructuring-layoffs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arbitrum Stylus mainnet launch opens Web3 for traditional coders
Offchain Labs introduces Arbitrum Stylus on mainnet, enabling DApp development with WebAssembly languages, boosting performance, and lowering gas fees. Read More at https://cointelegraph.com/news/arbitrum-stylus-mainnet-launch-evm-developers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound