When it comes to deciding on political support, Ethereum co-founder Vitalik Buterin advises against solely focusing on a candidate’s pro-crypto views. He stresses the significance of broader values such as individual freedoms and technological advancement. Buterin warns that honing in exclusively on cryptocurrency could potentially undermine the foundational principles that inspired the industry’s movement. Buterin
Crypto
BlockFi, a bankrupt crypto lender, has announced a significant step towards repaying its clients. The company mentioned that the first interim distribution of funds through Coinbase will begin this month. The distribution will commence in July and will be processed in batches in the upcoming months. Eligible clients will receive repayment notifications through the email
DeFi Technologies, a Canadian fintech company, has been making strategic moves in the cryptocurrency market. Recently, the company announced the acquisition of 94.34 BTC to add to its balance sheet, building upon the 110 BTC it acquired in June. In addition to Bitcoin, DeFi Technologies has also ventured into altcoins, purchasing 12,775 SOL tokens and
Bitcoin’s price has recently shown signs of recovery after a month of bearish price action. With the current upward momentum in the market, there is speculation that Bitcoin might even reach a new all-time high soon. On the daily chart, the price has found support at the $56K level and has reclaimed the 200-day moving
Shiba Inu (SHIB), the second-largest meme coin by market capitalization, experienced a significant surge in price over the past few weeks, increasing by almost 20%. However, this upward momentum was abruptly halted as the price of SHIB dropped by 4.5% in the last 24 hours, landing at approximately $0.00001868. Alongside the price decrease, key metrics
Recently, leading crypto exchange OKX made the tough decision to discontinue its services in Nigeria. This decision came as a result of recent regulatory changes in the country. Nigerian users of OKX received emails notifying them of the upcoming discontinuation. They were informed that they have until August 30 to withdraw their assets from the
In a recent prediction, Bitwise Asset Management’s Chief Investment Officer stated that the introduction of Ethereum Exchange-Traded Products (ETPs) will propel ether (ETH) prices to new all-time highs exceeding $5,000 by the end of the year. The CIO suggested that the impact of ETP flows on Ethereum could surpass that of Bitcoin. With ETPs estimated
XRP has recently emerged as one of the top-performing crypto assets in the market, showcasing a significant recovery after reaching $0.62, a level not seen since March. The past week alone has seen XRP record gains of over 40%, largely fueled by a broader market uptrend. This surge in price has instilled confidence among investors
The price of Bitcoin has been steadily climbing, reaching $66,000 for the first time in a month. After experiencing extreme volatility at the beginning of the month and dropping to a low of under $54,000 on July 5th, Bitcoin has managed to bounce back and recover more than ten thousand dollars. The cryptocurrency saw a
Australian computer scientist Craig Wright’s assertion of being Bitcoin’s mysterious creator, Satoshi Nakamoto, has landed him in hot water. Recent developments in the COPA vs. Wright case have brought to light the possibility of Wright facing charges of perjury and document forgery. High Court Justice James Mellor has taken action by referring Wright’s deceptive behavior
The US spot Bitcoin ETFs have experienced a surge in popularity, with a daily net inflow of $301 million on July 15th. This marks the seventh consecutive day of inflows, highlighting the growing interest among investors in cryptocurrency ETFs. The data compiled by SoSoValue reveals that BlackRock’s IBIT led the way with a net inflow
The decentralized finance (DeFi) platform LI.FI protocol recently fell victim to an exploit resulting in over $8 million in funds being stolen. Cyvers Alerts brought attention to the issue after detecting suspicious transactions within the LI.FI cross-chain transaction aggregator. LI.FI themselves confirmed the breach in a statement on July 16, urging users to avoid interacting
Bitcoin experienced a tumultuous period recently, with its price soaring to over $65,000 before plummeting following news regarding Mt. Gox. The volatile nature of the cryptocurrency market was evident as several altcoins, particularly meme coins, saw significant gains within a single day. After ending the previous week on a positive note with a price of
In a recent development in the world of cryptocurrency, a dormant Bitcoin wallet containing 1,000 BTC was activated after over a decade of inactivity. This wallet, which received the stash in 2012, saw its value surge by a whopping 500,000% during the period of dormancy. The sudden movement of funds from this long inactive wallet