There are now more than 17.5 million Bitcoin wallets underwater with little faith in a rebound coming from analysts in the face of a surging dollar. Bitcoin (BTC) hodlers are feeling the squeeze this week as repeated tests of lower levels spark increasing losses. Data from on-chain analytics firm Glassnode shows more wallets are in...Continue Reading

Corporate lobbyists urge the government to create a proper infrastructure and avoid the emergence of business rent. In the aftermath of the first officially reported crypto payment in the sanctioned country’s foreign trade, Iran’s importers point to the necessity of stable regulations to continue trade via cryptocurrencies.  On Saturday local reports cited the head of Iran’s...Continue Reading

SudoRare suddenly shut down its services and social media accounts after reportedly making away with 519 Ether, worth roughly $815,000. SudoRare, an automated market maker (AMM) protocol for ERC-721 to ERC-20 swaps, suddenly shut down its services and social media accounts after reportedly making away with 519 Ether (ETH), worth roughly $815,000.  A crypto community...Continue Reading

Bitcoin may be a significant energy consumer in 2040, but only if its price reaches several million dollars, according to new estimates by Arcane Research. Bitcoin (BTC), the world’s most-valued cryptocurrency, has the potential to be a significant energy consumer in the future, but only if it reaches several million dollars, according to new estimates...Continue Reading

Social slashing and even a user-activated soft fork have been suggested as possible responses to the threat of transaction censorship on Ethereum. The Ethereum (ETH) community has been divided over how to best respond to the threat of protocol-level transaction censorship in the wake of the United States government sanctions on Tornado Cash-linked addresses.  Over...Continue Reading

Paypal has stepped up its regulatory compliance by joining TRUST to streamline its reporting requirements relating to the digital assets “travel rule.” Crypto-friendly digital payments giant Paypal has been added to the Travel Rule Universal Solution Technology (TRUST) network, joining a host of big names in crypto that have moved to comply with digital asset...Continue Reading

Cramer is known for giving his investment expertise as the host of CNBC’s “Mad Money” but has developed a reputation in the crypto community for missing the mark. Twitter-famous crypto trader AIgod has brought a smile to the community after announcing he’s doubled his “Inverse Cramer” portfolio in just a month by “simply” inverse trading...Continue Reading

The Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge. Skybridge Capital CEO Anthony Scaramucci believes that while Bitcoin continues to be an attractive asset, it has not reached the “wallet bandwidth” that is required for it to be considered an inflation hedge.  Speaking on CNBC’s Squawk...Continue Reading

“Imagine how successful Telegram with its 700 million users could be if we put reserved usernames, group and channel links for auction,” the Telegram founder wrote. Pavel Durov, the founder of encrypted messaging app Telegram, has floated the idea of a marketplace that could utilize “NFT-like smart contracts” to auction highly-sought after usernames.  Durov made...Continue Reading

The demand for blockchain security experts comes amid a rise in crypto hackings in 2022. The rise of crypto hacks over 2022 has skyrocketed demand for blockchain security experts, with some auditors making upwards of $430,000 per year. Speaking with Cointelegraph, blockchain recruitment firm CryptoRecruit founder Neil Dundon said that while security audit services have...Continue Reading