A spokesperson for Bulgaria’s chief prosecutors denied claims that the investigation was prompted by the company's political donations.
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Bitcoin fails to convince that bottom is in with $12K 'still likely'
BTC price optimism is limited at best after multi-month highs, with Bitcoin traders fearing a reversion to macro lows.
Bitcoin fails to convince that bottom is in with $12K ‘still likely’
Bitcoin (BTC) may be circling its highest levels in months, but few are convinced that the bull market is back.
Ahead of a key weekly close, BTC/USD remains near $21,000, data from Cointelegraph Markets Pro and TradingView shows, with analysts nervous about the good times ending all too soon.
Bitcoin to see new “depression” before bull run resumes
Bitcoin is dividing opinion after its week of brisk gains. Warnings over a potential pullback abound, while others are already commiserating bears ahead of time.
“Now bears will be caught in the vicious cycle of praying for pullbacks to go lower, not realizing the tides have shifted for a time and we’re going higher,” Chris Burniske, former head of crypto at ARK Invest, summarized.
Even more optimistic takes such as that of Burniske, however, do not foresee the upside continuing uninterrupted in a definitive end to Bitcoin’s latest bear market.
The aftermath of LBRY: Consequences of crypto’s ongoing regulatory process
What could the case of LBRY mean for future token projects in the United States?
Former FTX US President lashes out at 'insecure' SBF in 49-part Twitter thread rant
Harrison said Bankman-Fried threatened to fire him on the spot and would destroy his professional reputation if he continued to confront the former FTX CEO.
Former FTX US President lashes out at 'insecure' SBF in 49-part Twitter thread rant
Harrison said Bankman-Fried threatened to fire him on the spot and would destroy his professional reputation if he continued to confront the former FTX CEO.
Polygon primed for hard fork aimed at reducing gas fee spikes: New details revealed
Ethereum layer-2 scaling solution Polygon will undergo a hard fork on Jan. 17 in order to address gas spikes and chain reorganizations issues that has affected user experience on the Polygon proof-of-stake (POS) chain.
Polygon officially confirmed the hard fork event in Jan. 12 a blog post, which came after weeks of preliminary discussion on Polygon Improvement Proposal (PIP) forum page in late December.
A Polygon spokesperson also provided Cointelegraph with additional details of the hard fork on Jan. 14:
“The hard fork is coded for the Block >= 38,189,056. No centralized, single actor is going to initiate it. Validators of the network have to update their nodes prior to the indicated block, and they are already doing so.”
87% of the 15 voters of the Polygon Governance Team voted in favor of increasing the BaseFeeChangeDenominator function from 8 to 16 to reduce gas fee spikes and to decrease the SprintLength function from 64 blocks to 16 in order to fix the chain reorganization problem.
Polygon primed for hard fork aimed at reducing gas fee spikes: New details revealed
Polygon told Cointelegraph that the hard fork will take effect at block 38,189,056, which will be initiated without the influence of centralized actors.
One of the largest US colleges has begun teaching students about Bitcoin
The professor said a “Programming Bitcoin” course will follow the first Bitcoin course, where students will learn how to “build a Bitcoin library from scratch.”
One of the largest US colleges has begun teaching students about Bitcoin
The professor said a “Programming Bitcoin” course will follow the first Bitcoin course, where students will learn how to “build a Bitcoin library from scratch.”
One of the largest US colleges has begun teaching students about Bitcoin
The professor said a “Programming Bitcoin” course will follow the first Bitcoin course, where students will learn how to “build a Bitcoin library from scratch.”
SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest: Jan. 8-14
Top Stories This Week
Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’
In a “pre-mortem overview” of FTX’s bankruptcy, Sam Bankman-Fried denied allegations of improper use of customer funds stored with the crypto exchange, attributing responsibility for the company’s dramatic fall to the market crash of 2022 and Binance CEO Changpeng Zhao’s PR campaign against FTX. In Bankman-Fried’s view, a run on the bank turned illiquidity issues into insolvency. Among the latest developments in the bankruptcy proceedings, a bipartisan group of United States senators criticized one of the law firms involved in the case on the grounds of a conflict of interest, and called on the U.S. Bankruptcy Court for the District of Delaware to appoint an independent examiner into FTX’s activities. Also in the week’s headlines, FTX attorney Andy Dietderich said the company has recovered $5 billion in cash and liquid cryptocurrencies.
Gemini and Genesis charged by SEC with selling unregistered securities
Crypto firms Genesis Global Capital and Gemini were charged by the U. S. Securities and Exchange Commission (SEC) with offering unregistered securities through Gemini’s Earn program. Genesis and Gemini partnered on the product in 2020, offering customers the chance to loan crypto with the promise of later repayment with interest. The SEC stated that the Gemini Earn program constitutes an offer and sale of securities, and should have been registered with the commission. Tyler Winklevoss, co-founder of Gemini, said the SEC’s action was “totally counterproductive,” and noted that Gemini had been discussing the Earn program with the regulator “for more than 17 months.”.
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SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest: Jan. 8-14
Top Stories This Week
Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’
In a “pre-mortem overview” of FTX’s bankruptcy, Sam Bankman-Fried denied allegations of improper use of customer funds stored with the crypto exchange, attributing responsibility for the company’s dramatic fall to the market crash of 2022 and Binance CEO Changpeng Zhao’s PR campaign against FTX. In Bankman-Fried’s view, a run on the bank turned illiquidity issues into insolvency. Among the latest developments in the bankruptcy proceedings, a bipartisan group of United States senators criticized one of the law firms involved in the case on the grounds of a conflict of interest, and called on the U.S. Bankruptcy Court for the District of Delaware to appoint an independent examiner into FTX’s activities. Also in the week’s headlines, FTX attorney Andy Dietderich said the company has recovered $5 billion in cash and liquid cryptocurrencies.
Gemini and Genesis charged by SEC with selling unregistered securities
Crypto firms Genesis Global Capital and Gemini were charged by the U. S. Securities and Exchange Commission (SEC) with offering unregistered securities through Gemini’s Earn program. Genesis and Gemini partnered on the product in 2020, offering customers the chance to loan crypto with the promise of later repayment with interest. The SEC stated that the Gemini Earn program constitutes an offer and sale of securities, and should have been registered with the commission. Tyler Winklevoss, co-founder of Gemini, said the SEC’s action was “totally counterproductive,” and noted that Gemini had been discussing the Earn program with the regulator “for more than 17 months.”.
Read also
Features
‘Terra hit us incredibly hard’: Sunny Aggarwal of Osmosis Labs
Asia Express
Asia Express: China’s NFT market, Moutai metaverse popular but buggy…
SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest: Jan. 8-14
Top Stories This Week
Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’
In a “pre-mortem overview” of FTX’s bankruptcy, Sam Bankman-Fried denied allegations of improper use of customer funds stored with the crypto exchange, attributing responsibility for the company’s dramatic fall to the market crash of 2022 and Binance CEO Changpeng Zhao’s PR campaign against FTX. In Bankman-Fried’s view, a run on the bank turned illiquidity issues into insolvency. Among the latest developments in the bankruptcy proceedings, a bipartisan group of United States senators criticized one of the law firms involved in the case on the grounds of a conflict of interest, and called on the U.S. Bankruptcy Court for the District of Delaware to appoint an independent examiner into FTX’s activities. Also in the week’s headlines, FTX attorney Andy Dietderich said the company has recovered $5 billion in cash and liquid cryptocurrencies.
Gemini and Genesis charged by SEC with selling unregistered securities
Crypto firms Genesis Global Capital and Gemini were charged by the U. S. Securities and Exchange Commission (SEC) with offering unregistered securities through Gemini’s Earn program. Genesis and Gemini partnered on the product in 2020, offering customers the chance to loan crypto with the promise of later repayment with interest. The SEC stated that the Gemini Earn program constitutes an offer and sale of securities, and should have been registered with the commission. Tyler Winklevoss, co-founder of Gemini, said the SEC’s action was “totally counterproductive,” and noted that Gemini had been discussing the Earn program with the regulator “for more than 17 months.”.
Read also
Features
‘Terra hit us incredibly hard’: Sunny Aggarwal of Osmosis Labs
Asia Express
Asia Express: China’s NFT market, Moutai metaverse popular but buggy…
How to connect the Avalanche network to MetaMask?
Avalanche users can enjoy Ethereum Web3 and DeFi applications by connecting the network to MetaMask. Here’s a step-by-step guide to doing it.
New York sued by environmental group after approval of crypto mining facility: Report
The approval violates the New York climate law of 2019, plaintiffs claim. The facility was acquired by the Canadian crypto mining firm Digihost.