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October 23, 2024
Despite rising interest from both institutional and retail investors, the Bitcoin price has been unable to rise above the $70,000 psychological mark since July 29. The Bitcoin price is struggling to gain momentum despite growing institutional and retail demand for the world’s first cryptocurrency. Retail demand for Bitcoin (BTC) grew to an over six-month high,...
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Bitget chief operating officer Vugar Usi Zade argued that products should be intuitive, as security matters should be the responsibility of crypto platforms.  Participants at the Blockchain Life event in Dubai expressed different opinions on who should be responsible for safety and security within the crypto space.  In a Cointelegraph interview, Vugar Usi Zade, the...
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RedStone is the first large oracle to launch on the Ethereum restaking protocol. RedStone has launched a data-validation service on EigenLayer, becoming the first large oracle provider to integrate the Ethereum restaking protocol, RedStone told Cointelegraph on Oct. 23. The service is still in testnet, but RedStone aims to create a “scalable framework that dynamically...
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Chainlink and Swift will introduce a new blockchain integration, simplifying digital asset settlement for financial institutions using existing infrastructure. Decentralized Oracle provider Chainlink will introduce a new blockchain payment solution for financial institutions. In collaboration with Swift, a global messaging network used by banks and institutions, Chainlink revealed a new integration enabling institutions to use...
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Ledger CEO Pascal Gauthier told Cointelegraph that hardware wallets need to evolve because “crypto never sleeps.” Despite new developments in the digital asset space, such as the launch of spot Bitcoin exchange-traded funds (ETFs), Ledger CEO Pascal Gauthier believes that self-custody is still the point of cryptocurrencies.  At the Blockchain Life event in Dubai, Gauthier...
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Announcing the withdrawal of the charges, the EFCC lawyer reportedly said that Tigran Gambaryan was merely an employee of Binance. The Nigerian government has dropped all charges against Binance executive Tigran Gambaryan, who was detained in prison in Nigeria for more than seven months. A lawyer representing Nigeria’s government prosecutor, the Economic and Financial Crimes...
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Cosmos’ co-founder and core contributors were previously unaware of the North Korean link, which could lead to the removal of the Liquid Staking Module. A newly released onchain investigation alleges that part of the Cosmos ecosystem may have been developed by North Korean agents, potentially attracting the FBI’s attention in 2023. Part of Cosmos’ Liquid...
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Centre for Blockchain Technologies deputy director said regulators should review the latest academic research to help write future rules.  An executive at the Centre for Blockchain Technologies (CBT) in the United Kingdom said engagement among academics, regulators and Web3 builders is important for the expansion of the Web3 space.  At the Peer-to-Peer Financial Systems (P2PFISY)...
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While global markets embrace crypto ETFs, Japan’s strict tax policies and regulatory caution impede further adoption. Japan’s regulators are hesitating to approve cryptocurrency-based exchange-traded funds (ETFs), even as global markets embrace spot crypto ETFs. Despite growing calls from domestic advocacy groups and partnerships forming to launch digital asset products, Japan’s tax and regulatory stance continues...
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Bitcoin institutional investors are pausing for thought while BTC price struggles to overcome resistance. Bitcoin (BTC) institutional investors have paused their latest buying spree as BTC price action consolidates. Inflows to the US spot Bitcoin exchange-traded funds (ETFs) turned net negative for the first time in two weeks, data from sources including UK-based investment firm...
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