Ripple transfers a total of 1 billion XRP tokens from its escrow wallet to Ripple today, only to transfer it back minutes later. Whale Alert, the ever-vigilant live tracker for cryptocurrency transactions, noted that Ripple transferred a total of 1 billion XRP tokens from its escrow wallet on Dec. 2. The blockchain-based payments firm moved…
Read more
Former CFTC Chairman Giancarlo joins New York-based law firm where he will reportedly continue to advocate for the U.S. digital dollar. Former United States Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo was hired as senior counsel at the New York-based law firm Willkie Farr & Gallagher. Digitize the dollar and take power away from…
Read more
The Monero network has successfully upgraded to RandomX, a new mining algorithm that aims to be ASIC-resistant. The Monero (XMR) network has been successfully upgraded to RandomX, a new mining algorithm that aims to be ASIC-resistant. On Nov. 30, the Monero community workgroup did a live stream on YouTube in which the upgrade took place…
Read more
Bears could push Bitcoin price to its 200-week moving average below $5,000 before a mid-term reversal occurs. As part of its current mid-term downtrend, Bitcoin (BTC) could be headed toward its 200-week moving average (MA), a level that has been a major historical bottom. Since hitting its 2019 high of approximately $13,890, Bitcoin has seen…
Read more
United States SEC hires an in-house attorney as Chief of the Division of Enforcement’s Cyber Unit, tasked with protecting investors against cyber-related misconduct. The United States Securities and Exchange Commission (SEC) has hired Kristina Littman as Chief of the Division of Enforcement’s Cyber Unit, a specialized unit that aims to protect investors and markets from…
Read more
Decentralized exchange Waves DEX shut down to resume operations as a hybrid exchange. Decentralized exchange (DEX) Waves DEX shut down to resume operations as a hybrid exchange, Waves announced in a press release shared with Cointelegraph on Dec. 2. Per the release, the exchange has already ceased operations on the old domain and the process…
Read more
The green-ess was short-lived for the majority of the market, as is so commonly the case. The comparison between November and October proves once again how quickly the color of the crypto market changes. Bitcoin (BTC) too failed to see a rise in its price for the month of November. And though there are certainly…
Read more
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Mining news The International Monetary Fund (IMF) has called on Georgia to report on its crypto mining industry. The country is home to several large cryptocurrency mining centers, with big Read…
Read more
The Way of Tiger: an old game cover. Fueled by the news of a new adoption project, VeChain (VET) is today by far the best-performing coin in the top 100 by market capitalization. The 25th coin has rallied, jumping 20.24% in the last 24 hours, but also 35.01% in the last seven days, bringing it…
Read more
Decentralized cryptocurrency exchange CryptoBridge announced the closure of its platform, citing market conditions and regulatory pressure. The decentralized cryptocurrency exchange (DEX) CryptoBridge announced that it is closing down in a message on its website. In the announcement, the exchange warns users that all of the firm’s services and servers will terminate after Dec. 15. Users…
Read more
