BTC investor sentiment turns increasingly bullish after this week’s quick rebound from a sharp price correction. Bitcoin (BTC) experienced a 5% increase after testing the $25,000 support level on Sept. 11. However, this breakout rally doesn’t necessarily indicate a victory for bulls. To put today’s price action in perspective, BTC has witnessed a 15% decline...Continue Reading
The chair’s comments came in response to a query from Sen. Catherine Cortez Masto during a Senate oversight hearing. United States Securities and Exchange Commission (SEC) Chair Gary Gensler testified on Sept. 12 in a Senate oversight hearing that his agency was currently using artificial intelligence (AI) technologies to monitor the financial sector for signs...Continue Reading
Karl Greenwood will also have to pay back the $300 million he made in commissions in the OneCoin pyramid scheme. Karl Greenwood, co-founder of OneCoin with Ruja Ignatova, was sentenced in the United States to 20 years in prison and ordered to pay $300 million on Sept. 20. Ignatova remains at large. Greenwood, who is a...Continue Reading
According to the petition on Change.org, Chainalysis’ unproven technology can lead to an assortment of privacy violations. A petition was created on Change.org on Sept. 12 to oppose the use of Chainalysis forensic services by federal agencies. The petition questioned Chainalysis’ accuracy and raised legal issues related to the activities of the blockchain data analysis...Continue Reading
The duo’s paper says self-contracts can help you quit smoking or lose weight, but incentives such as putting a bomb in your skull would surely test the limits of the law. New York University School of Law professors Max Raskin and Jack Millman recently published a paper in the Journal on Emerging Technologies discussing the...Continue Reading
Bitcoin price is down, but three key metrics used by smart money traders continue to flash bullish signals. Much has been made of Bitcoin’s (BTC) poor price action as of late, with many analysts making the case for further bearish momentum in the weeks ahead. Yet it wasn’t too long ago that many investors and...Continue Reading
Solflare co-founder Filip Dragoslavic said that the integration removes the “friction” that prevented potential users from entering the Solana ecosystem. Solana wallet provider Solflare has integrated MetaMask Snaps to let MetaMask users manage their Solana portfolio directly from the popular crypto wallet. According to an announcement sent to Cointelegraph, the Solana (SOL) wallet provider is “easing...Continue Reading
A CoinEx hot wallet transferred $27.8 million of various tokens to a wallet with no previous history, leading experts to suspect a cyberattack. On Sept. 12, crypto exchange CoinEx experienced abnormally large outflows to an address with no prior history, leading security experts to suspect the exchange was hacked. Blockchain security platform Cyvers Alerts has...Continue Reading
Chainalysis’ upcoming Global Crypto Adoption Index indicates that the broader Asia region is driving grassroots cryptocurrency adoption. India, Nigeria and Thailand are ranked as the top three countries in Chainalysis’ “2023 Global Crypto Adoption Index,” with lower middle-income (LMI) nations leading the way in the grassroots adoption of cryptocurrencies. The blockchain analytics firm released an...Continue Reading
Ripple Labs built its XRP token on a centralized system. But with legal action against Ripple coming to a close, it could move toward a more open platform. In July, a United States judge ruled that Ripple Labs’ XRP (XRP) token was not a security when sold to the public on secondary markets. While the...Continue Reading
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