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US Representative Introduces Legislation to Mandate Reporting of Off-Chain Crypto Transactions to the CFTC

September 30, 2023 0

Virginia’s Democratic representative Don Beyer has ushered in a fresh bill mandating the documentation of off-chain transactions and over-the-counter (OTC) crypto engagements by cryptocurrency exchanges, to be catalogued in a repository under the purview of the U.S. Commodity Futures Trading

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Bitcoin Traders Eye Bullish Silver Lining in Looming US Government Shutdown, Says Analyst 

September 29, 2023 0

Numerous reports foretell an imminent U.S. government shutdown, given the anticipated failure of a spending bill to secure passage by Saturday evening — a measure meant to sustain operations till mid-November. On the cusp of this shutdown, bitcoin (BTC) has been on an ascent, catching the eye of many. Coinshares analyst Luke Nolan notes a […]

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Former Three Arrows Capital Executive Su Zhu Arrested in Singapore

September 29, 2023 0

Su Zhu, a founding member of the now-insolvent Three Arrows Capital, was apprehended in Singapore at Changi Airport on Friday, as per the firm’s liquidator, Teneo. Zhu received a four-month prison sentence for failing to cooperate in the bankruptcy proceedings, Teneo revealed. Crackdown at Changi Airport: 3AC’s Su Zhu Detained, Associate Kyle Davies Fugitive Teneo, […]

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Bitcoin’s Hashrate Holds Steady Above 400 EH/s Amid Sky-High Network Difficulty

September 29, 2023 0

Amid the soaring network difficulty, Bitcoin’s hashrate remains resilient, firmly holding above the 400 exahash per second (EH/s) frontier. A total of 43 mining pools channel their hashpower at the Bitcoin blockchain, yet, it’s Foundry USA’s pool that ruled the roost this month, seizing a 29.36% share of the total hashrate over the past 30 […]

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Biggest Movers: XRP Hits 1-Month High, SOL Back Above $20

September 29, 2023 0

XRP was one of Friday’s notable crypto gainers, rallying to a one-month high earlier in today’s session. Bullish sentiment returned to end the week, with the global market cap trading nearly 1.5% higher as of writing. Solana also surged, moving back above the $20.00 mark. XRP XRP, formerly ripple, was one of today’s biggest movers, […]

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Bitcoin, Ethereum Technical Analysis: BTC Above $27,000, ETH Reaches 1-Month High 

September 29, 2023 0

Bitcoin continued to trade above the $27,000 level on Friday, after a surge beyond this point towards the end of yesterday’s session. Ethereum rallied to a one-week high. Bitcoin Bitcoin remained above the $27,000 level on Friday, following a late rise in bullish sentiment towards the end of Thursday’s session. Following a low of $26,424.95 […]

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Gold Hits Nine-Month Low as Bitcoin Climbs Amid Hawkish Fed Stance

September 29, 2023 0

Gold prices are wrapping up the week by plummeting to a nine-month low, with the price per ounce descending to $1,858 on Thursday. Transitioning into Friday, gold is changing hands at $1,870 per ounce, marking a decline of 2.8% over the trailing five days. Concurrently, bitcoin (BTC) prices leaped on Thursday, and have ascended by […]

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$UMM’s Launchpad on LBank Witnesses Over 1000% Surge within the First 30 Minutes

September 29, 2023 0

PRESS RELEASE. In a trading atmosphere characterized by meticulous strategies and keen observers, the Launchpad of $UMM on LBank has emerged as a focal point of discussion. UMM’s trading trajectory seems to be on a steep upward trend, marking its territory in the competitive crypto landscape. UMM began its trading journey at $0.1 on September […]

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Tonk Is Building a Provability-Focused Onchain Nintendo Emulator

September 29, 2023 0

Tonk, a programming collective focusing on onchain gaming, has announced a blockchain-based Nintendo Entertainment System (NES) emulator called Dappicom. The app, being coded using Noir, a smart contract-enabled privacy-focused language, will allow players to prove they have achieved in-game milestones without showing how. Tonk Announces Dappicom, a Provability-Focused NES

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Tackling the Ticket Scalping Scourge With Blockchain-Based Solutions a ‘No-Brainer’ Says Mohammed El Kandri

September 29, 2023 0

According to Mohammed El Kandri, event organizers battling the ticket scalping problem have a greater chance of overcoming this challenge if they deploy a blockchain-based ticketing solution. A blockchain-based solution allows event organizers to issue digital tickets that are “tamper-proof and traceable.” Growing Dissatisfaction With the Way Tickets Are Distributed