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Crypto
Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO
Blockstream CEO Adam Back believes the price of Bitcoin (BTC) could reach $10 million by the end of the sixth halvening in 2032, as long as Bitcoin layer-2 technology and wallet infrastructure improves. In a Feb. 12 Twitter thread, Back,…
Bitcoin BTC Price Not Ready to Soar as Investors Await Fed Chair Speech, More Earnings
“Startups were able to raise uncharacteristically sized rounds for their stage, commonly acquiring multiple years of runway pre-product, while over the course of the last six months, investors pivoted to underwriting fewer deals targeting…
Bitcoin stays out of fear for 11 straight days as price tips near 24K
Bitcoin (BTC) has just clocked its 11th consecutive day outside the “Fear” zone in the Crypto Fear and Greed Index, cementing its longest streak out of fear since March 2022.Bitcoin Fear and Greed Index is 61 - GreedCurrent price: $23,780…
First Hearing in Genesis Bankruptcy Case Set for Monday
Genesis' first hearing in its bankruptcy case is set for January 23.
Google Ads-delivered malware drains NFT influencer’s entire crypto wallet
An NFT influencer claims to have lost “a life-changing amount” of their net worth in nonfungible tokens (NFTs) and crypto after accidentally downloading malicious software found in a Google Ad search result. The pseudo-anonymous influencer…
U.S. Investigators Subpoena Hedge Funds in Binance Money-Laundering Probe: Report
Recently, Binance has made efforts to increase its commitment to compliance, growing its security and compliance staff by 500% in 2022. Additionally, last fall the company assembled a global advisory board chaired by Max Baucus, a former…
Five instances of governments embracing digital assets
The year 2022 wasn’t the best one in terms of crypto reputation among regulators and policymakers. However, even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the…
Defrost Finance Hacked in Attack Some Say May Have Been a Rug Pull
In a tweet thread posted Dec. 25, the Defrost team said a first attack used a flash loan to drain funds out of its V2 product. A second larger attack used the owner key to exploit V1. The protocol, which offers leveraged trading on the…
The Federal Reserve’s pursuit of a ‘reverse wealth effect’ is undermining crypto
The Federal Reserve’s strategy to hike interest rates may continue, making it difficult for the crypto industry to bounce back. For crypto assets to become the hedge against inflation, the industry needs to explore ways to decouple crypto…
First Mover Asia: Uniswap ‘Fee Switch’ Proposal for Popular Ether Pools Stirs Up Community Debate
Some see the proposed pilot project as an “important step,” while others say it may lead to reduced trading activity.