Just like that, BTC price action marks its highest levels since mid-September as U.S. unemployment data hints Fed rate hikes are working. Bitcoin (BTC) passed $21,000 at the Nov. 4 Wall Street open as bulls tackled a formidable sell wall. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Sellers move aside for new multi-week highs Data...Continue Reading

The blockchain developer announced it will transform into MultiversX, as it shifts focus on metaverse development and introduces three new products. The blockchain technology developer Elrond announced it will redefine itself as a new brand with a focus on the metaverse. Formerly known as Elrond, the company will move forward under the new name MultiversX...Continue Reading

Centralized communication apps share one crucial feature: They crash often. Cointelegraph investigates to see if decentralization can offer a solution. Since the introduction of ICQ — the progenitor of online chat applications — the expectation from instant messaging (IM) services has never changed. Users simply want them to work, which apparently turned into a tall...Continue Reading

Crypto has been highly visible in this election cycle thanks to polls and political action committees. This is a new and unaccustomed role for it with unknown results. The 2022 midterm elections will be held in the United States on Nov. 8. Thirty-four senators and all 435 members of the House of Representatives will be...Continue Reading

The top 10 white hats in Immunefi’s community have generated over $42 million in total earnings since 2020 by disclosing critical vulnerabilities. Bug bounty platform Immunefi has released its Whitehat Leaderboard — a scoring system that showcases the top 20 most elite white hats in Web3. The rank will measure a given white hat’s skills...Continue Reading

It’s the final day of Web Summit 2022, and the Cointelegraph team on the ground is all set to bring you some of the best insights, personal interviews and more. Welcome back to day three of the Web Summit, one of the world’s leading tech conferences, with over 71,000 attendees on the third day. Stationed...Continue Reading

The criminal investigation division of the IRS says it is preparing hundreds of crypto-related cases for the upcoming tax season. The United States Internal Revenue Service (IRS) criminal investigation division is ramping up for tax season with its sights set on the crypto community. According to a report from Bloomberg Law, the division chief Jim...Continue Reading

$21,000 is looking tricky as sell orders mount, while buy walls dry up, taking potential support with them. Bitcoin (BTC) headed toward $21,000 on Nov. 4 as bulls attempted to reclaim lost ground. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it rose overnight to put...Continue Reading

Elon Musk previously won a similar class-action lawsuit brought by Tesla employees, calling the case “trivial.” Amid Twitter beginning mass layoffs, the company employees are launching a class-action lawsuit against the new Twitter CEO, Elon Musk. According to multiple sources, Musk started massive layoffs at Twitter on Nov. 4, reducing the company’s workforce of 7,500...Continue Reading

The Circle Reserve Fund is managed by BlackRock under the custody of Bank of New York Mellon. Circle, the issuer behind USD Coin (UDSC), announced that it has now begun to invest part of its funds in Circle Reserve Fund, created earlier in a partnership with the world’s largest asset manager, BlackRock. The move came as...Continue Reading