Crypto exchange OKX disclosed $7.5 billion in reserves of Bitcoin (BTC), Ether (ETH) and Tether (USDT) as part of its monthly proof-of-reserves (PoR) report. Based on data from blockchain analytics firm CryptoQuant, OKX claims to have the “largest clean asset reserves among major exchanges.” OKX claims to maintain 1:1 reserves, which would mean means the
Month: January 2023
If the foreign exchange market starts using DeFi protocols instead of the current centralized systems, the cost of remittances could be reduced by “as much as 80%,” according to a Jan. 19 paper jointly published by researchers at Circle and Uniswap. On-chain foreign exchange (FX) is a new model of global value exchange that offers
The United States Financial Crimes Enforcement Network (FinCEN) — a bureau of the Treasury Department — has argued that Binance is linked to the illegal cryptocurrency platform Bitzlato. In an order published on Jan. 18, FinCEN stated that the Binance cryptocurrency exchange was among the “top three receiving counterparties” of Bitzlato in terms of Bitcoin
sponsored Spacewalkers, a gaming studio, is revolutionizing the way that investors can participate in the profits of their projects. The company is releasing a series of games and offering the opportunity for anyone to invest in them through the use of blockchain technology. Spacewalkers is an already established developer with a portfolio of released and
Ripple CEO Brad Garlinghouse commented on the legal battle with the U.S. Securities and Exchange Commission (SEC) during the World Economic Forum in Davos on Wednesday, again hinting at how important the Hinman documents could become to the case. As Bitcoinist reported, speculation about the relevance of the documents has been ongoing for quite some
Based on the year-to-date performance and their drawdown from their all-time highs (ATHs), Bitcoin (BTC) and Ethereum (ETH) have performed very similarly. While BTC has risen by 25.5% since the beginning of the year, ETH has climbed by about 27%. From its ATH, Bitcoin has declined by 69.9%, while Ether is down by 68.9%. Despite
When he’s not working on hastening humanity’s rush toward the Singularity by creating an artificial general intelligence (AGI), Ben Goertzel plays in a jazz-rock band called Jam Galaxy fronted by a robot named Desdemona. It’s one of his many side projects, which naturally led him to try and tokenize the music business by reaching out
Bitcoin (BTC) climbed to a four-month high above $21,000 in the third week of January, embellishing trader’s hope. The market has seen the most substantial investor optimism since July due to the January BTC price rebound. According to data from crypto analytics firm Santiment, the trading crowd sentiment has touched its highest in six months
Customers are suing Compass Mining for over $2 million, alleging fraud, after the company cut ties with Russian hosting company Bit River and failed to return customers’ Bitcoin machines, citing a non-applicable United States sanction as the reason. According to a court document filed on Jan. 17, Compass Mining issued a notice in April 2022
The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s monetary authority sought to reassure future users that the new currency will be “preserving privacy by default and by design.” Eurogroup to Remain Involved in
Bitcoin (BTC) may gain another 50% before seeing a mass sell-off to complete its bear market, new research predicts. In the latest edition of its regular markets newsletter, “The Crypto Circular,” trading firm QCP Capital delivered a grim warning to those who believe that crypto winter is over. Research warns of “final Wave 5 selloff”
The two-week-long Bitcoin (BTC) winning streak has finally come to an end, after the cryptocurrency formed its first red candle on Jan. 18. The day prior, BTC was shaping up to match or even beat its November 2013 record of 15 consecutive days of positive price movement, the longest of such streaks in its history.
Ethereum layer-2 networks have gone through an explosive growth phase over the past couple of months, a trend that is set to continue in 2023. According to recent data, the leading layer-2 networks have seen an increase in daily active users thathas translated into a growth in fees for the respective ecosystems. According to analytics
A commissioner from the United States Commodity Futures Trading Commission (CFTC) has called on Congress to stop allowing cryptocurrency exchanges to “self-certify” and list tokens without oversight. CFTC commissioner Christy Goldsmith Romero told an audience at a Jan. 18 University of Pennsylvania event focused on FTX that the current process wasn’t adequate to ensure proper
While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, the average fee to spend ether was around $2.93 per transfer, but today the average
The relationship between Ripple Labs and XRP tokens has been a controversial topic in the crypto community for quite some time. While there is evidence through older documents that XRP was also called Ripple in the past, since the XRP initiative in 2018, the company has placed great emphasis on the fact that the cryptocurrency
- « Previous Page
- 1
- …
- 10
- 11
- 12
- 13
- 14
- …
- 29
- Next Page »