Coinbase is expanding its operations into various countries in Europe amid a “crypto winter.” Despite laying off numerous employees and rescinding job offers, Coinbase’s vice president Nana Murugesan revealed intentions to register in Italy, Spain, France and the Netherlands. In Switzerland, the United States-based cryptocurrency exchange has already hired its first employees, and it is already licensed to trade cryptocurrencies…
Major Dutch stock exchange Euronext Amsterdam, a part of the pan-European marketplace Euronext, is debuting its first Bitcoin (BTC) exchange-traded fund (ETF). Jacobi Asset Management, a London-based digital asset management platform, is preparing to launch its Jacobi Bitcoin ETF on Euronext Amsterdam next month, the firm announced on Thursday. The spot Bitcoin ETF will start trading on the Euronext Amsterdam Exchange…
Everyone expects another Bitcoin (BTC) capitulation event, but data suggests that mass buying has already started. In a Twitter thread on June 29, Checkmate, lead on-chain analyst at data firm Glassnode, drew attention to who in Bitcoin is really stacking sats. Shrimp or whale, Bitcoin hodlers are stacking sats Bitcoin selling has made the headlines for weeks, and has even…
Kirill Pronin, head of Russian Central Bank (CBR)’s Department of financial technologies, acknowledged the possibility of crypto mining legalization under certain conditions. A public acknowledgment like this makes a rare case, as the CBR continues to lead the battle against the efforts to legalize crypto in the country. The executive expressed his views on mining at the Saint-Petersburg International Legal…
OpenSea, the largest non-fungible token (NFT) marketplace by trading volume, has suffered a data breach after an employee at Customer.io, the platform’s email delivery partner, leaked user data. In a blog post on Thursday, the marketplace said that an employee of Customer.io “misused their employee access to download and share email addresses – provided by OpenSea users and subscribers to…
Crypto exchange platform Binance has partnered with Khaby Lame, the most-followed creator on TikTok, to increase the awareness for Web3. The influencer would act as a global brand ambassador for the exchange, helping debunk myths surrounding the crypto and blockchain space. Lame rose to fame on TikTok gaining 142 million followers with his videos calling out do-it-yourself content creators that…
In the last article, I broke down what a spacechain is and how they work, but didn’t go into any of the things you can do with them. Ultimately, the lack of a two-way peg mechanism severely limits the functionality it can provide to Bitcoin users. A One-Way Trip The original idea of a sidechain was to have a two-way…
Bitcoin (BTC) lost 3% in an hour and Ether (ETH) drifted toward $1,000 on June 30 as pessimism took control of crypto markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders eye “sweep of lows” for BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $19,224 on Bitstamp during Asian trading, its lowest since June 19. A lack…
On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 bitcoin and 205.82 ethereum as Cypherpunk Holdings continues “to see systemic risks propagating” across the crypto economy. Cypherpunk Holdings Sells…
The crypto crash has seen the number of Bitcoin millionaires decline by more than 75% since November last year. Source: https://cointelegraph.com/news/80-000-bitcoin-millionaires-wiped-out-in-the-great-crypto-crash-of-2022
