First Blockchain-Based Collateral Settlement: JPMorgan Takes the Lead

First Blockchain-Based Collateral Settlement: JPMorgan Takes the Lead

JPMorgan Goes Live With First Blockchain-Based Collateral Settlement Caroline Ellison, the ex-girlfriend of Sam Bankman-Fried, testified for a third day in his trial. She was questioned about Alameda’s accounting, revealing that the company had engaged with several accountants in 2021 and 2022 but none were able or willing to complete the task. Ellison took over … Read more

Bitcoin Hashrate Surges, Projecting Significant Increase in Difficulty

Bitcoin Hashrate Surges, Projecting Significant Increase in Difficulty

Bitcoin Hashrate Explodes, Difficulty Set To See Big Uptick Bitcoin mining difficulty is expected to increase significantly in the next adjustment as the hashrate continues to rise. The hashrate measures the total computing power that miners have connected to the Bitcoin blockchain. Increasing values indicate more profitability, attracting new miners, while decreasing values suggest some … Read more

Hidden Gems: Crypto Analyst Spots 6 Neglected Altcoins Poised for Price Surge

Hidden Gems: Crypto Analyst Spots 6 Neglected Altcoins Poised for Price Surge

Crypto Analyst Identifies 6 Overlooked Altcoins That Could Be Due For A Price Surge A Santiment analyst has identified six overlooked altcoins that could be primed for a rally. These tokens were chosen based on their network activity, including transaction volumes, network growth, and large transactions. The altcoins on the list are Bancor (BNT), Cartesi … Read more

Binance partner barred by UK financial watchdog from publishing cryptocurrency ads

Binance partner barred by UK financial watchdog from publishing cryptocurrency ads

UK financial watchdog restricts Binance partner from issuing crypto ads The UK’s Financial Conduct Authority (FCA) has placed restrictions on peer-to-peer lending platform Rebuildingsociety, which partnered with cryptocurrency exchange Binance for compliance with the FCA’s marketing rules. The FCA stated that Rebuildingsociety was not authorised to approve the content of any financial promotion related to … Read more

Is It Time to Take Control of Your Digital Assets? Cryptocurrency Exchange Uncovers 159,000 Attempts by Hackers to Breach Security

Is It Time to Take Control of Your Digital Assets? Cryptocurrency Exchange Uncovers 159,000 Attempts by Hackers to Breach Security

Time For Self-Custody? Crypto Exchange Reveals Hackers Tried To Gain Access 159,000 Times South Korean crypto exchange Upbit has experienced over 159,000 hacking attempts in the first half of 2023, a 117% increase from the same period in 2022. This represents a staggering 1,800% increase compared to the second half of 2020. Upbit suffered a … Read more

If This Occurs, Former BlackRock Manager Foresees $17.7 Trillion Inflow Into Bitcoin

If This Occurs, Former BlackRock Manager Foresees .7 Trillion Inflow Into Bitcoin

Former BlackRock Manager Says Prepare For $17.7 Trillion Inflow Into Bitcoin If This Happens Former BlackRock manager Steven Schoenfield predicts that spot Bitcoin exchange-traded funds (ETFs) will be approved in the United States within the next three to six months, potentially resulting in an influx of up to $17.7 trillion from institutional investors. The approval … Read more

Report: CFTC Considering Enforcement Action Against Former Voyager Digital CEO

Report: CFTC Considering Enforcement Action Against Former Voyager Digital CEO

CFTC weighs enforcement action against former Voyager Digital CEO: Report The United States Commodity Futures Trading Commission (CFTC) is reportedly considering taking enforcement action against Stephen Ehrlich, the former CEO of Voyager Digital, a crypto lending firm. The CFTC staff believes that Ehrlich violated U.S. derivatives regulations prior to Voyager’s bankruptcy filing. Ehrlich denies these … Read more

Bitcoin price dives 2% on US jobs data as Fed rate hike bets heat up

Bitcoin price dives 2% on US jobs data as Fed rate hike bets heat up

Bitcoin experienced a sudden drop to $27,000 following the release of US employment data, which showed stronger-than-expected job growth. This was seen as negative for risk assets, including cryptocurrencies. However, Bitcoin quickly rebounded and the focus shifted back to the $27,700 level. The data raised the likelihood of a potential interest rate hike by the … Read more

3 Alleged Falsehoods Bankman-Fried Reportedly Stated Prior to Gaining Fame

3 Alleged Falsehoods Bankman-Fried Reportedly Stated Prior to Gaining Fame

3 Alleged Lies Bankman-Fried Told Before He Was Famous Alameda Research, a quantitative cryptocurrency trading firm founded by Sam Bankman-Fried (SBF), experienced a decline in profits when the arbitrage opportunities it had been capitalizing on came to an end. Although Bankman-Fried portrayed this period as legendary, it is believed that the firm actually lost its … Read more