Tag: bitcoin trader

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DeFi ‘Crucial’ for Financial Inclusion, CBDCs Still Welcome Despite Being Centralized

  Decentralized finance (DeFi) protocols are “crucial” for financial inclusion, particularly in the developing world. And despite being inherently centralized, central bank digital currencies (CBDCs) are a welcome part of that, said the participants at a discussion hosted by the Bank for International Settlements (BIS)…. Read More: DeFi ‘Crucial’ for Financial Inclusion, CBDCs Still Welcome…
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In the US, public-private state associations form networks of support for crypto businesses

State-level organizers in the U.S. are working hard to advance the blockchain and crypto markets and their emerging players. When you think of a crypto-friendly U.S. state, Washington is hardly the first to come to mind. Yet, a lot has been happening on the ground in the Pacific Northwest lately. Washington Governor Jay Inslee signed…
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Opulous (OPUL) price soars after DeFi staking announcement, S-NFT sale and CEX listings

OPUL price rallied 175% off its bottom after the project announced DeFi staking, CEX listings and upcoming S-NFT sales. Non-profile picture (PFP) NFTs had been cooling down over the past few months but now that Bitcoin and Ethereum have turned bullish again, altcoins and NFT-focused tokens are beginning to follow. Music NFTs are one sector…
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Crypto Investment Products See New Week of Large Inflows, European Investors Dominate

  Inflows into digital asset investment products reached USD 180m last week. The figure marks a decline from a revised number of USD 244m the week before, when inflows reached their highest level since 2021, according to the crypto investment firm CoinShares. The inflows into crypto-backed regulated investment products covered funds backed by both bitcoin…
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Intergovernmental Panel on Climate Change calls cryptocurrency CO2 emissions a ‘growing concern’

The group said that all technologies — seemingly including crypto — had the potential to enable emissions reductions as well as increased emissions based on how they were governed. The United Nations arm aimed at assessing the science related to climate change, the Intergovernmental Panel on Climate Change, or IPCC, has named crypto among technologies…
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SEC chair: retail crypto investors should be protected

“There’s no reason to treat the crypto market differently just because different technology is used,” said Gary Gensler. Gary Gensler, chair of the United States Securities and Exchange Commission, said the agency’s protections that apply to investors of traditional assets should extend to those in the crypto market. In prepared remarks released Monday for the…
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Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets

On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added machines increased the company’s hashrate from 2 exahash per second in February to 3.95 EH/s by the end of March.…
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Bitcoin Cold Case: The Tale of the Dormant Wallet With Close to 80,000 BTC From Mt Gox

For the last 11 years, a mysterious wallet associated with the Mt Gox scandal has sat dormant holding close to 80,000 bitcoin worth $3.7 billion today. While the wallet was once the sixth-largest address a few years ago, today it’s the ninth-largest wallet in terms of bitcoin held, and the funds have never been spent…
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Ertha’s Inter-Metaverse Portal NFTs Bought for $60K

It’s now possible to travel between metaverses thanks to Ertha’s Portal NFTs. The game’s passionate community has already spent over $60,000 on these NFTs, despite their purpose being a mystery until now. Ertha’s players will travel instantly between their home planet and Moon – a brand new Sci-Fi-inspired metaverse. Portals are an easy…
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Private Equity Fund Reportedly Plans to Buy Majority Stake in Japan Major Crypto Exchange

  A Japanese, Singapore-based private equity fund is allegedly set to buy a controlling stake in bitFlyer, Japan’s major crypto exchange. Per Nikkei and CoinPost, the move has been made by the ACA Group, which has agreed on a deal with a coalition of shareholders of the firm bitFlyer Holdings. The latter owns the lion’s…
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