Data shows the Bitcoin mining bear market has a ways to go
by Cointelegraph By Kyle White on December 9, 2022 at 10:30 pm
The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations.
Who’s expected to testify before Congressional hearings on FTX?
by Cointelegraph By Turner Wright on December 9, 2022 at 9:30 pm
FTX CEO John Ray, actor Ben McKenzie and law professor Hilary Allen have been confirmed, while SBF, Kevin O'Leary, and Alameda CEO Caroline Ellison could still testify.
Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing
by Cointelegraph By Big Smokey on December 9, 2022 at 9:30 pm
Bitcoin price aims for support at $17,000, while LTC follows a pre-halving narrative and ETH looks somewhat bullish in its BTC pair.
A year after Taproot, Bitcoin community works to unlock its DeFi potential
by Cointelegraph By Ana Paula Pereira on December 9, 2022 at 9:00 pm
Smart contracts functionalities on the Bitcoin network could boost adoption and provide additional liquidity to DeFi.
US regulator seeks feedback on DeFi’s impact on financial crime: Finance Redefined
by Cointelegraph By Prashant Jha on December 9, 2022 at 8:20 pm
US regulators want to know from the industry on what they think about the financial crimes associated with DeFi.
CEO of crypto news site The Block resigns for failing to disclose $27M loans from Alameda Research
by Cointelegraph By Turner Wright on December 9, 2022 at 8:07 pm
New CEO Bobby Moran said there was no evidence that Mike McCaffrey had "improperly" influenced coverage of Sam Bankman-Fried, FTX, or Alameda Research on the news site.
FalconX says exposure to FTX represented 18% of its 'unencumbered cash equivalents'
by Cointelegraph By Judith BannermanQuist on December 9, 2022 at 8:00 pm
According to the crypto brokerage firm, the 18% ratio fell well within its “counterparty exposure limits.”
Price analysis 12/9: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
by Cointelegraph By Rakesh Upadhyay on December 9, 2022 at 7:45 pm
Bitcoin and most major altcoins remain stuck inside a range as traders keep a close eye on next week’s macroeconomic events.
Crypto.com releases proof of reserves, showing above 100% for BTC, ETH
by Cointelegraph By Tom Blackstone on December 9, 2022 at 7:00 pm
The new disclosure page allows skeptical users to self-verify that their assets are included in the report.
Crypto Biz: Is Goldman Sachs the ultimate crypto contrarian?
by Cointelegraph By Sam Bourgi on December 9, 2022 at 6:30 pm
Is the U.S. investment bank looking to buy up distressed crypto firms amid the bear market?
Investors chase Web3 as blockchain industry builds despite bear market
by Cointelegraph By Cointelegraph Research on December 9, 2022 at 5:14 pm
Cointelegraph Research asked top venture capitalists and industry professionals, “What is Web3, and what does it mean for the industry?”
BTC price tests $17K on PPI as Bitcoin analysts eye CPI, FOMC catalysts
by Cointelegraph By William Suberg on December 9, 2022 at 3:39 pm
Bitcoin begins to deal with fresh U.S. macro cues as BTC price steadily holds $17,000 support.
CZ and SBF duke it out on Twitter over failed FTX/Binance deal
by Cointelegraph By Turner Wright on December 9, 2022 at 3:37 pm
The former FTX CEO claimed that Binance “threatened to walk at the last minute” without an additional $75 million, accusing CZ of lying about his role in the deal.
Amber Group ditches expansion plans after denying insolvency: Report
by Cointelegraph By Helen Partz on December 9, 2022 at 2:30 pm
Temasek-backed Amber has raised about $50 million in funding from a new sovereign fund, with the deal to be announced in January.
SBF 'willing' to testify at House hearing on the FTX collapse
by Cointelegraph By Gareth Jenkinson on December 9, 2022 at 1:51 pm
Despite missing a response deadline, Sam Bankman-Fried says he’s willing to testify at a U.S. House hearing into the collapse of FTX.
Bitcoin mining project in Kenya helps power rural community
by Cointelegraph By Savannah Fortis on December 9, 2022 at 1:42 pm
Gridless Compute, a hydro-powered Bitcoin mining initiative, tweeted that the project has successfully powered a rural community and lowered its existing energy rates.
What is stagflation, and how could it impact the cryptocurrency markets?
by Cointelegraph By Alexandra Overgaag on December 9, 2022 at 1:31 pm
What is stagflation, how to fight it with crypto and how are the cryptocurrency markets impacted by high inflation and economic downturn?
UK pushes crypto efforts forward through financial services reforms
by Cointelegraph By Ezra Reguerra on December 9, 2022 at 1:25 pm
The reforms include regulating stablecoins as a means of payment and creating a sandbox where firms and regulators can test new financial technologies.
NFTs could help solve diamond certification fraud
by Cointelegraph By Rachel Wolfson on December 9, 2022 at 1:01 pm
Non-fungible tokens are being used to serve as digital GIA diamond certificates to ensure immutability, transparency and proof-of-ownership.
NFTs, Nonprofits and Longevity Intersect at Art Basel Miami
by Cointelegraph By Garri Zmudze on December 9, 2022 at 1:00 pm
NFT artist Nikita Replyanski on the future of NFTs, his work with the Longevity Science Foundation, and art as community building.
Remote work triggers move to DAOs in the post-pandemic world: Survey
by Cointelegraph By Gareth Jenkinson on December 9, 2022 at 10:40 am
A survey from a sample of the general U.S. public suggests that millennials are more likely to join a DAO than any other age group.
Coinbase takes a shot at Tether, encourages users to switch to USDC
by Cointelegraph By Prashant Jha on December 9, 2022 at 10:04 am
Coinbase’s request comes just a couple of months after Binance ceased support for USDC.
FTX reportedly gets 3 more months to stop all operations in Japan
by Cointelegraph By Helen Partz on December 9, 2022 at 9:40 am
Japanese authorities have postponed FTX Japan’s suspension deadline because the firm has so far failed to return assets from custody to creditors.
Turkey has an obsession with crypto — Specifically Dogecoin: Study
by Cointelegraph By Savannah Fortis on December 9, 2022 at 8:00 am
A new study reveals Turkey is in second place for crypto-related searches worldwide and first place for Dogecoin-related searches.
Bitcoin price targets stretch to $19K as BTC jumps 4% from daily lows
by Cointelegraph By William Suberg on December 9, 2022 at 7:19 am
Bitcoin retains $17,200 after an overnight squeeze takes BTC price action to within reach of one-month highs.
Kevin O’Leary lost the $15M he was paid to be FTX’s spokesperson
by Cointelegraph By Brian Quarmby on December 9, 2022 at 6:45 am
Kevin O’Leary fessed up to making a massive mistake with FTX and is working to find out where his money went amid the bankruptcy.
7 class action lawsuits have been filed against SBF so far, records show
by Cointelegraph By Luke Huigsloot on December 9, 2022 at 5:54 am
Sam Bankman-Fried has been the subject of many lawsuits and investigations since the collapse of FTX, with more likely to follow.
Approach with caution: US banking regulator’s crypto warning
by Cointelegraph By Jesse Coghlan on December 9, 2022 at 5:23 am
The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management.
Sam Bankman-Fried misses deadline to respond to testimony request, now what?
by Cointelegraph By Martin Young on December 9, 2022 at 3:49 am
The Senate banking committee set a deadline for Sam Bankman-Fried to respond to the request on Dec. 8 at 5:00 pm ET.
What's in and what's out for Ethereum’s Shanghai upgrade
by Cointelegraph By Brian Quarmby on December 9, 2022 at 3:10 am
A tentative timeline of March 2023 has been set for the Shanghai upgrade, which will enable staking withdrawals. A list of EIPs has also been packaged in, but EIP-4844 didn’t make the cut.