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April 19, 2023
BTC price returns to $29,000 with a cascade of long liquidations fueling fresh Bitcoin downside. Bitcoin (BTC) abruptly reversed gains on April 19 as a cascade of long liquidations sent BTC/USD plummeting lower. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sees “beautiful” retracement Data from Cointelegraph Markets Pro and TradingView followed the pair as it...
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Asia, which includes major economies such as China, Japan, Singapore and India, hosts 355 crypto machines, representing 1% of the total crypto ATMs installed worldwide. Australia, the country that hosts the third-largest network of Bitcoin (BTC) ATMs, surpassed the continent of Asia in terms of the total number of crypto ATMs installed. Since the beginning...
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Georgian merchants accept crypto payments through a partnership between Gate Pay and CityPay.io, connecting users to the benefits of crypto services. Gate Pay, the cryptocurrency payment service offered by the crypto exchange firm Gate.io, has partnered with CityPay.io, a startup specializing in crypto payments in Georgia. The partnership will enable more than 600 merchants in...
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The insights of Project Meridian would be used by the Bank of England in its Real-Time Gross Settlement (RTGS) system. The Bank of England and the Bank for International Settlements (BIS) Innovation Hub London Center have tested a blockchain-powered settlements system between the central banks. The insights of Project Meridian will be used by the...
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Cardano is one of the largest layer-1 blockchains by market capitalization, but what does the DeFi ecosystem offer for staking? Cardano is one of the largest layer-1 blockchain solutions by market capitalization. The project is being driven by Input-Output (a Charles Hoskinson company), Emurgo and the Cardano Foundation. The chain was named after the Italian...
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The research unit will be tasked with auditing the AI-backed algorithms used by large technology firms such as Google and Meta. The European Commission has launched a new research unit that will investigate the impact of the algorithms made and used by prominent online platforms and search engines such as Facebook and Google. The research...
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MetaMask stated its security team is working with others in the Web3 wallet space to uncover the source of the exploit. Cryptocurrency wallet provider MetaMask has denied claims that an exploit of its wallet is the cause of a “massive wallet draining operation” that has claimed over 5,000 Ether (ETH). On April 18, MetaMask tweeted...
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An apparent business partner of Rebase’s co-founder claims he was pushed out of the firm and funds he owned were moved from a joint crypto wallet. The co-founder of the nonfungible token (NFT) project Rebase is facing a lawsuit from his apparent business partner accusing him of going “rogue” by stealing $2 million from a...
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Trump’s first NFT collection has seen its value plummet by more than 60% following the latest launch which comes ahead of his 2024 presidential bid. Trump drops series 2 NFT collection ahead of presidential run Another round of digital nonfungible tokens (NFTs) trading cards have dropped bearing the likeness of former United States President Donald...
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U.S. prosecutors are wanting Reginald Fowler to face at least seven years in jail if convicted on April 20. A long sentence is being sought by United States prosecutors for an executive in a crypto shadow banking case that has dragged on for five years. On April 18, U.S. District Attorney Damian Williams filed a...
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