Four U.S. Senators said Sullivan & Cromwell was "simply not in a position to uncover the information needed to ensure confidence in any investigation or findings" regarding FTX.
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
Yearn.finance opens vault deployment access to all users
“All factory-deployed vaults have no management fees and a flat 10% performance fee,” the DeFi project wrote.
The Easy Company secures $14.2M funding for new crypto wallet with social features
The company says it wants to make it easier for users to engage with Web3 and use digital wallets.
Nebraskangooner gives his opinions on whether news affects BTC price
Nebraskangooner gave his thoughts on multiple topics in the latest episode of the Crypto Trading Secrets podcast, including his opinions on Bitcoin in the bear market.
Manta Network conducts record-breaking Trusted Setup ceremony, 4,000+ contribute
Manta Network has recently completed the largest trusted setup ceremony ever, with over 4,000 people participating, according to a press release provided to Cointelegraph. The setup was done in order to help create MantaPay, an app that intends to allow for private payments between individuals.
According to the company, MantaPay will run on the PolkaDot parachain Manta Network, and on the Kusama parachain Calamari. It will use zero-knowledge-proofs (ZKPs) to ensure that only the sender and recipient of each payment will be able to view the payment.
Setting up a zero-knowledge-proofs system requires multiple parties to participate in a ceremony called a “trusted setup.” This process ensures that the shared secret upon which the system relies is eventually thrown away, removing the ability of an attacker to create fake proofs at any point in the future. The more people who participate in a trusted setup, the more secure the resulting system is.
MantaPay’s trusted setup was the largest ever recorded, with over 10,000 registrations and 4,328 contributions. The contributors came from a total of 177 countries, according to the team’s press release. The registration process first began on October 10, 2022, and the first contributions were made on November 28, 2022.
Polkadot Founder Gavin Wood expressed excitement at Manta Network's accomplishment. He argued that similar processes may pave the way towards decentralized web identity systems in the future, stating:
AI altcoins are pumping — Is this the beginning of the next bull market? The Market Report
This week on The Market Report, the resident experts at Cointelegraph discuss what artificial intelligence (AI) altcoins are, what their potential benefits are, how they work, and whether they can be a catalyst for a 2023 bull market.
We start off this week’s show with the latest news in the markets:
BTC price 3-week highs greet US CPI — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week on a promising footing, with BTC price action near one-month highs — but can it last? The move precedes a conspicuous macroeconomic week for crypto markets, with the December 2022 Consumer Price Index (CPI) print due from the United States. Jerome Powell, chair of the Federal Reserve, will also deliver a speech on the economy, with inflation on everyone’s radar. Inside the crypto sphere, FTX contagion continues, with Digital Currency Group (DCG) at odds with institutional clients over its handling of solvency problems at subsidiary Genesis Trading. Our resident experts take a look at these factors and more as the second trading week of January gets underway.
Digital Currency Group under investigation by US authorities: Report
AI altcoins are pumping — Is this the beginning of the next bull market? The Market Report
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss artificial intelligence altcoins, what they are, and whether they could lead us into the next bull market.
Cosmos EUR stablecoin project to unwind after 2 years
"The lack of real-world applications for blockchain has led to low demand for non-USD stablecoins," e-Money wrote.
Bitcoin price targets include new $14K dip as Fed's Powell avoids inflation
No fresh BTC price catalyst from the Fed as Chair Powell fails to mention inflation altogether.
Bitcoin price targets include new $14K dip as Fed's Powell avoids inflation
Bitcoin (BTC) traders faced disappointment at the Jan. 10 Wall Street open after the United States Federal Reserve declined to comment on future policy.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPowell keeps quiet on Fed policy
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it stayed flat at around $17,250 on Bitstamp.
Hopes had focused on a fresh BTC price catalyst courtesy of the Fed in the form of a speech by Chair Jerome Powell.
Speaking at the International Symposium on Central Bank Independence at Sweden’s Central Bank headquarters in Stockholm, however, Powell avoided the topic of U.S. monetary policy altogether.
“I will address three main points. First, the Federal Reserve's monetary policy independence is an important and broadly supported institutional arrangement that has served the American public well,” he began.
Your guide to crypto in Toronto: Crypto City
Toronto embraced digital assets sooner than most and is home to more crypto projects than anywhere else in Canada.
Contents
Overview
Crypto culture in Toronto
Where can I spend crypto in Toronto?
Crypto projects and companies in Toronto
Toronto’s crypto controversies
Toronto crypto education and community
Notable crypto figures from Toronto
Overview
The city lies at the center of the so-called Golden Horseshoe, a large urban area around the shore of Lake Erie that 9.76 million people — about a quarter of all Canadians — call home. Consistently rated among the world’s most livable cities, Toronto, much like Vancouver on the west coast, is notable for its ethno-cultural diversity brought on by waves of immigration. It’s within a short flight of the capital Ottawa, as well as Montreal to the north and New York to the south. Toronto is seen as the country’s financial and cultural capital.
Toronto was where Ethereum founder Vitalik Buterin grew up. Source: PexelsPlaying home to notable battles between indigenous peoples in the late 1600s, French traders from the mid-1700s and the British later that century, Toronto has seen a lot. In 1834, around the time of a failed rebellion against the British, it was incorporated as Toronto, which was a First Nations name, and the city became a destination for slaves escaping the American South. In the late 1800s, the city became a railway hub. Today, it is served by Pearson International Airport.
As a global hub of business and culture, Toronto resembles a northern version of New York, to the extent that many movies set in New York are filmed in the city due to their similar appearance. Winter weather can be formidable, with freezing rain in 1999 requiring the army to be called in for road clearing. The city is well-known as the birthplace of Ethereum and today hosts a majority of Canada’s blockchain companies.
Your guide to crypto in Toronto: Crypto City
Toronto embraced digital assets sooner than most and is home to more crypto projects than anywhere else in Canada.
Contents
Overview
Crypto culture in Toronto
Where can I spend crypto in Toronto?
Crypto projects and companies in Toronto
Toronto’s crypto controversies
Toronto crypto education and community
Notable crypto figures from Toronto
Overview
The city lies at the center of the so-called Golden Horseshoe, a large urban area around the shore of Lake Erie that 9.76 million people — about a quarter of all Canadians — call home. Consistently rated among the world’s most livable cities, Toronto, much like Vancouver on the west coast, is notable for its ethno-cultural diversity brought on by waves of immigration. It’s within a short flight of the capital Ottawa, as well as Montreal to the north and New York to the south. Toronto is seen as the country’s financial and cultural capital.
Toronto was where Ethereum founder Vitalik Buterin grew up. Source: PexelsPlaying home to notable battles between indigenous peoples in the late 1600s, French traders from the mid-1700s and the British later that century, Toronto has seen a lot. In 1834, around the time of a failed rebellion against the British, it was incorporated as Toronto, which was a First Nations name, and the city became a destination for slaves escaping the American South. In the late 1800s, the city became a railway hub. Today, it is served by Pearson International Airport.
As a global hub of business and culture, Toronto resembles a northern version of New York, to the extent that many movies set in New York are filmed in the city due to their similar appearance. Winter weather can be formidable, with freezing rain in 1999 requiring the army to be called in for road clearing. The city is well-known as the birthplace of Ethereum and today hosts a majority of Canada’s blockchain companies.
Your guide to crypto in Toronto: Crypto City
Toronto embraced digital assets sooner than most and is home to more crypto projects than anywhere else in Canada.
Contents
Overview
Crypto culture in Toronto
Where can I spend crypto in Toronto?
Crypto projects and companies in Toronto
Toronto’s crypto controversies
Toronto crypto education and community
Notable crypto figures from Toronto
Overview
The city lies at the center of the so-called Golden Horseshoe, a large urban area around the shore of Lake Erie that 9.76 million people — about a quarter of all Canadians — call home. Consistently rated among the world’s most livable cities, Toronto, much like Vancouver on the west coast, is notable for its ethno-cultural diversity brought on by waves of immigration. It’s within a short flight of the capital Ottawa, as well as Montreal to the north and New York to the south. Toronto is seen as the country’s financial and cultural capital.
Toronto was where Ethereum founder Vitalik Buterin grew up. Source: PexelsPlaying home to notable battles between indigenous peoples in the late 1600s, French traders from the mid-1700s and the British later that century, Toronto has seen a lot. In 1834, around the time of a failed rebellion against the British, it was incorporated as Toronto, which was a First Nations name, and the city became a destination for slaves escaping the American South. In the late 1800s, the city became a railway hub. Today, it is served by Pearson International Airport.
As a global hub of business and culture, Toronto resembles a northern version of New York, to the extent that many movies set in New York are filmed in the city due to their similar appearance. Winter weather can be formidable, with freezing rain in 1999 requiring the army to be called in for road clearing. The city is well-known as the birthplace of Ethereum and today hosts a majority of Canada’s blockchain companies.
South Korean regulators target Bithumb in new probe
South Korean National Tax Service agency launches an investigation on Bithumb, according to local reports.
Binance employees to adhere to 90-day period prior to trading
The cryptocurrency exchange confirmed its 3-month policy to prohibit insider trading by employees and their relevant family members.
Bitcoin price holds $17K into Fed Powell speech as GBTC jumps to multi-month highs
Bitcoin, crypto and risk asset traders await dovish signals from Fed Chair Jerome Powell ahead of fresh CPI data later in the week.