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Bank of England (BoE) Governor Andrew Bailey suggested that stablecoins could reduce the United Kingdom’s reliance on commercial banks, signaling a potential shift in the central bank’s stance toward digital assets.In a Wednesday article in the Financial Times, Bailey said that the current financial…
European crypto asset manager CoinShares is set to make another strategic acquisition as the company prepares to go public in the United States.CoinShares announced Wednesday that it will acquire London-based crypto investment manager Bastion Asset Management as part of its strategy to expand crypto…
The official X account of the BNB Chain blockchain network, with nearly four million followers, was compromised on Wednesday. Hackers used the account to spread phishing links targeting cryptocurrency wallets. Binance founder Changpeng “CZ” Zhao confirmed the incident, warning his followers not to i…
Messaging app Telegram founder and CEO Pavel Durov says he invested in Bitcoin when the cryptocurrency was in its infancy and has since used his holdings to fund his lifestyle.“I was a big believer in Bitcoin since more or less the start of it. I got to buy my first few thousand Bitcoin in 2013, and…
For several agonizing hours in August 2022, white hat hackers watched anxiously as evil-doers, known as “black hats,” stole $190 million from the Nomad bridge — the fourth biggest crypto hack just that year alone. While some white hats eventually took it upon themselves to steal the funds for tempor…
The US Securities and Exchange Commission (SEC) is reportedly developing a plan to allow blockchain-registered versions of stocks to trade on cryptocurrency exchanges — a move that would mark a significant step toward integrating digital asset technology into the traditional financial system.The pro…
Adrienne Harris, the superintendent at the New York Department of Financial Services (NYDFS), announced updates to the department’s guidance should a crypto company become insolvent, following the announcement that she will step down from the role.In a Tuesday notice, Harris said the NYDFS had updat…
Key points:Bitcoin faces three moving averages in the same place on the daily chart after its early-week gains.The monthly and quarterly close make reclaiming these all the more important, analysis suggests.Multiple catalysts for BTC price volatility are lining up this week.Bitcoin is battling thre…
Ethereum layer-2 network Base’s non-fungible token (NFT) ecosystem took center stage in September, recording the highest sales count among collections, according to DappRadar data. NFTs on Base captured five of the top 10 spots by sales count in September, with DX Terminal and BasePaint securing the…
The Bitcoin community is split over Bitcoin Core developers’ decision to remove a limit on arbitrary data stored in transactions, a move that traces back to a debate first raised by Bitcoin creator Satoshi Nakamoto in 2010.Bitcoin Core v30’s expected release next month will remove the 80-byte cap on…
Key takeaways:Bitcoin’s entity-adjusted dormancy flow dropped below 250,000, a historical buy zone.The short-term holder NUPL turned negative, indicating seller exhaustion.Bitcoin’s V-shaped and double-bottom chart patterns suggest a potential rise to $118,000-$124,500 in the short term.Bitcoin pri…
Today in crypto, the SEC said it won’t police DePIN tokens, Kazakhstan launched its first state-backed crypto reserve in partnership with Binance, and Polish lawmakers passed a sweeping bill to regulate digital assets.SEC says DePIN tokens outside its remit in rare no-action letterThe US Securities …