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December 8, 2023
Cryptocurrencies can be frozen on a blockchain under certain legal, regulatory and technical conditions. Frozen funds typically mean access to such funds has been restricted or temporarily halted. Several factors, such as technological errors, security precautions, disagreements, investigations and regulatory compliance, can lead to such circumstances. So, can a crypto exchange freeze your account? Read...
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The MVC governance token has surged in 2023 to a fully diluted market cap of over $400 million. Developers of Bitcoin side-chain MicroVisionChain (MVC) have unveiled a BRC-20 decentralized exchange (DEX) as part of its roadmap for Q1 2024. In an interview with Cointelegraph, MVC chief operating officer Jason Kwok claims to have developed a...
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Bitcoin takes a back seat on low timeframes as ETH and SOL claw back crypto market cap share from BTC. Bitcoin (BTC) struggled to hold above $43,000 into Dec. 8 as an altcoin surge put Ether (ETH) in the spotlight. Data from Cointelegraph Markets Pro and TradingView showed ongoing BTC price consolidation as ETH/USD added...
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The smart contract vulnerability arises after the integration of ERC-2771 and Multicall standards. OpenZepplin identified 13 sets of vulnerable smart contracts. Soon after Thirdweb revealed a security vulnerability that could impact a variety of common smart contracts used across the Web3 ecosystem, OpenZeppelin identified two specific standards as the root cause of the threat. On...
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The same citizenship-by-investment schemes in nearby Caribbean nations start at $100,000, and one EU country has a citizenship pathway for just over $800,000. El Salvador has launched a new citizenship-by-investment program that grants a residency visa and pathway to citizenship for 1,000 people willing to stump up a $1 million Bitcoin (BTC) or Tether (USDT)...
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Investment firm YieldMax has applied to launch an ETF allowing investors to earn monthly yields on MicroStrategy shares. A specialized exchange-traded fund (ETF) firm called YieldMax has filed to launch the first yield-bearing ETF product based on shares in Michael Saylor’s Bitcoin holding company, MicroStrategy. According to a Dec. 7 filing with the United States...
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Next year will see Binance lose its leadership position, a U.S. recession, new stablecoin market cap highs and a new peak price for Bitcoin, according to asset manager VanEck. Bitcoin (BTC) will hit a new all-time high in late 2024 on the backdrop of a long-feared United States recession and regulatory shifts after the next...
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Hive Digital made a sizeable ASIC miner purchase in December 2022. Just one year later, thanks to a Bitcoin boom, the crypto miner says the rigs have paid for themselves. Bitcoin (BTC) miner Hive Digital Technologies says the move to acquire a fleet of Bitmain mining rigs last year has already paid for itself, due...
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Former Binance CEO Changpeng “CZ” Zhao has been ordered to remain in the U.S. while awaiting his sentencing in February. Binance founder Changpeng “CZ” Zhao must stay in the United States until he is sentenced in February as he’s unlikely to return to the country if allowed to travel to the United Arab Emirates, a...
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Institutional investor interest soars as Bitcoin options open interest hits record high. Bitcoin (BTC) options open interest reached an unprecedented milestone, surging to a staggering $20.5 billion on Dec. 7. This remarkable achievement signifies the active involvement of institutional investors in the cryptocurrency space. Unlike futures contracts, BTC options come with predetermined expiration prices, offering...
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