What could have inspired a Bitcoin user to overpay by 1,000 times the asking price to move roughly $63,000 in Bitcoin?
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Pan-African crypto exchange Yellow Card wins virtual asset license
Yellow Card CEO said that the Botswana VASP license is the first license for African crypto exchanges established by an African country.
Pan-African crypto exchange Yellow Card wins virtual asset license
Yellow Card CEO said that the Botswana VASP license is the first license for African crypto exchanges established by an African country.
Ethereum at the center of centralization debate as SEC lays claim
Ethereum’s transition to PoS was celebrated as a key upgrade. However, a month after the move, centralization concerns are mounting high.
Ethereum at the center of centralization debate as SEC lays claim
Ethereum’s transition to PoS was celebrated as a key upgrade. However, a month after the move, centralization concerns are mounting high.
The Madeira Bitcoin adoption experiment takes flight
An update on the Bitcoin rollout on the Portuguese archipelago of Madeira, which according to entrepreneur Jeff Booth is “a bigger Bitcoin Beach but in the EU.”
S. Korean watchdog goes after crypto whales to ensure AML compliance
The South Korean regulator noted that popular stablecoins used by the public might become a primary tool for laundering using digital assets.
S. Korean watchdog goes after crypto whales to ensure AML compliance
The South Korean regulator noted that popular stablecoins used by the public might become a primary tool for laundering using digital assets.
Santander bank trials blockchain platform for used cars in Brazil
Santander Brasil is also reportedly planning to launch crypto trading services to its customers, CEO Mario Leao announced in July.
Japan’s International Payments System will test plastic cards for CBDC
Japan Credit Bureau will develop its CBDC infrastructure in collaboration with IDEMIA and Softspace.
Web3 grows in online searches as interest in Bitcoin declines: Google Trends
Online searches for the term ‘Bitcoin dead’ reached an all-time high owing to peak anxiety among investors amid ongoing selloffs at the time.
Least volatile 'Uptober' ever — 5 things to know in Bitcoin this week
October 2022 has yet to prove itself as analysts predict "wild" Bitcoin price volatility for November.
Least volatile 'Uptober' ever — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the last week of “Uptober” in a firmly average mood as the trading range to end all trading ranges continues to stick.
After a welcome attempt to break out, BTC/USD remains bound to a narrow corridor now in place for weeks.
Some of the lowest volatility in history means that Bitcoin has found a temporary function as a "stablecoin" — even some major fiat currencies are currently more volatile.
The longer the status quo drags on, however, the more convinced commentators are that a major trend change will enter.
This week is as good as any, they argue — macroeconomic data, geopolitical instability and classic volatility around the monthly close are all factors at play when it comes to shaking up a decidedly boring Bitcoin market.
Fidelity to beef up crypto unit by another 25% with 100 new hires
The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson.
Fidelity to beef up crypto unit by another 25% with 100 new hires
The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson.
Mango Market exploiter brags after rug pulling Mango Inu 'shitcoin'
Avraham Eisenberg is at it again, following up his exploit of Mango Markets by deploying a new 'shitcoin' named Mango Inu to purportedly swipe liquidity from bot traders.
Crypto platform Freeway halts services citing 'unprecedented volatility'
Cryptocurrency platform Freeway has halted transactions and services related to their “Supercharger” high-yield product until further notice.
A stablecoin's rise in market share has ignited the ‘Second Great Stablecoin War’
FTX CEO Sam Bankman-Fried (SBF) said the rise of Binance stablecoin BUSD could spark the “Second Great Stablecoin War,” given how fast its market cap has surged over recent months.
Bankman-Fried's recent comments come a month after Binance pushed ahead with plans to auto-convert a host of stablecoins supported on its exchange into BUSD on Sept. 6, — which has seen BUSD's share of the total stablecoin market rise since.
BUSD’s share of the total stablecoin market has risen from 10.01% on Sept. 7 to 15.48% on Oct. 22, according to crypto data aggregator Coin Metrics.
Meanwhile, BUSD’s market cap has risen 3.3% over the last 30 days to $21.7 billion, with the stablecoin only trailing Tether USD (USDT) at $68.4 billion and USD Coin (USDC) at $43.9 billion.
Commenting on the asset’s growth following the move, the FTX CEO noted via Twitter on Oct. 23 that “Binance converts USDC --> BUSD, and we see the change in supplies,” adding “thus begins the second great stablecoin war.”
A stablecoin's rise in market share has ignited the ‘Second Great Stablecoin War’
Since Binance announced it would auto-convert USDC, USDP and TUSD into BUSD on Sept. 6, BUSD’s share of the total stablecoin market has risen from 10.01% to 15.48%.
Bitcoin will surge in 2023 — but be careful what you wish for
Depending on who you listen to, Bitcoin’s price is headed for either $3,500 or $1 million in the year ahead.