Cyptocurrency

Productively Paranoid: Here’s how Kraken celebrated Cybersecurity Awareness Month

We at Kraken believe that driving global crypto adoption relies on a solid cybersecurity framework in order to protect our clients’ financial freedom. It’s why our motto is security above everything. It’s also why we commemorate Cybersecurity Awareness Month each October.…

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DeFi protocol raises $10M from Bitfinex, Ava Labs despite turbulent market

The ongoing crypto bear market has proven itself to be a builders market as investments continue to find projects with promise.Onomy, a Cosmos blockchain-based ecosystem, just secured millions from investors for the development of its new protocol. The project merges decentralized…

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Central banks can use Bitcoin to fight off sanctions: Harvard research

A research paper published at Harvard university highlighted how central banks can use Bitcoin (BTC) to hedge against financial sanctions from fiat reserve issuers. A working paper, titled “Hedging Sanctions Risk: Cryptocurrency in Central Bank Reserves,” released by Matthew Ferranti, a Ph.D.…

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New York AG pushes prohibition of crypto purchases via retirement funds

The turmoil surrounding crypto exchange FTX and Sam Bankman-Fried (SBF) reaffirmed regulators’ belief about the need for stricter oversight across the crypto ecosystem. Seeking investor protection against a similar fallout, New York Attorney General (NYAG) Letitia James recommended prohibiting crypto investments in…

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FTX collapse triggers second thoughts on Busan City’s crypto exchange plans

The FTX crash appears to have affected not only companies and investors but also entire cities that previously became partners of the troubled cryptocurrency exchange.South Korea’s second-largest city, Busan, is reportedly reconsidering its plans to build a local crypto exchange as…

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Cybercrooks to ditch BTC as regulation and tracking improves: Kaspersky

Bitcoin (BTC) is forecasted to be a less enticing payment choice by cybercriminals as regulations and tracking technologies improve, thwarting their ability to safely move funds.Cybersecurity firm Kaspersky in a Nov. 22 report noted that ransomware negotiations and payments would rely less…

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Genesis calls in restructuring expert in its fight to avoid bankruptcy

Cryptocurrency lending firm Genesis Global Capital has reportedly hired a restructuring adviser to explore all possible options that include, but aren’t limited to, a potential bankruptcy. It is understood that the firm has hired investment bank Moelis & Company to explore options,…

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Crypto Twitter reacts to Binance CEO’s deleted tweet about Coinbase’s Bitcoin Holdings

Coinbase was trending on Twitter on Nov. 22 after Binance CEO Changpeng Zhao, known also as CZ, sent out a tweet that appeared to question Coinbase’s Bitcoin holdings.In the since deleted tweet, CZ referenced a yahoo finance article that alleged that…

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Bitpanda secures crypto licence in Germany, claims to be the first “European retail” crypto investment platform to do so

In an official blog post, Bitpanda announced that it has secured a crypto custody licence from the German financial authority, BaFin.Having obtained this licence, the Austrian-based crypto exchange can now legally market its services to residents of Germany. Bitpanda also claimed…

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Approving a spot crypto ETF is ‘all about political power’ — Perianne Boring

Perianne Boring, founder and CEO of blockchain advocacy group Chamber of Digital Commerce, placed the lack of approval of a Bitcoin exchange-traded fund in the United States squarely on Securities and Exchange Commission chair Gary Gensler, suggesting politics played more of…

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Shiba Inu developer says WEF wants to work with project to ‘help shape’ metaverse global policy

The volunteer project lead and developer for Shiba Inu known only as ‘Shytoshi Kusama’ has reported on social media that the World Economic Forum, or WEF, wants to work with the meme-based cryptocurrency on global policy.In a poll posted to Twitter…

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Singapore central bank explains why Binance was on its alert list, but FTX wasn’t

The Monetary Authority of Singapore (MAS), the country’s central bank, released a statement Nov. 21 to address “some questions and misconceptions that have arisen in the wake of the FTX.com (FTX) debacle.” The first point MAS wanted to make was that it…

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Ethereum bears have the upper hand according to derivatives data, but for how long?

Ether (ETH) price experienced an 11.9% decline from Nov. 20 to Nov. 22, bottoming at $1,074 — the lowest level seen since July. Currently, investors have reason to be concerned after crypto lending company Genesis reportedly faced difficulties raising money, triggering…

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Could a Grayscale Bitcoin Trust collapse be the next black swan event? Watch The Market Report

On this week’s The Market Report show, Cointelegraph’s resident experts discuss what the ramifications would be if Grayscale Bitcoin Trust were to collapse.We start off this week’s show with the latest news in the markets:GBTC next BTC price black swan? —…

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Mango Markets hacker allegedly feigns Curve short attack to exploit Aave

As described by analysts at Lookonchain on Nov. 22, tokens of decentralized exchange Curve Finance (CRV) appear to have suffered a major short-seller attack. According to Lookonchain, ponzishorter.eth, an address associated with Mango Markets exploiter Avraham Eisenberg, first swapped 40 million…

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Leveraging the Bearish Market: How to Navigate Crypto Winter as a Retail Trader and Large-scale…

Abdulmumin SolihuNov 22·5 min readCrypto Winter is coming… | Capitalize FinancialThe point at which the crypto market or a particular cryptocurrency experiences a huge downturn is known as crypto winter. A market is said to be bearish when it loses its…

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Bitcoin price returns to $16K amid warning over BTC whale selling

Bitcoin (BTC) headed higher into the Nov. 22 Wall Street open after setting another two-year low.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewThanksgiving buywall appears at $12,000Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it recrossed the $16,000 mark, having…

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Litecoin hits fresh 2022 high versus Bitcoin — But will LTC price ‘halve’ before the halving?

Litecoin (LTC) has emerged as one of the rare winners in the ongoing cryptocurrency market meltdown led by the FTX exchange’s collapse.LTC price outperforms BTC, ETHThe 2011-born altcoin rallied nearly 16% month-to-date (MTD) to reach $62.75 on Nov. 22, outperforming its top…

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