Bitcoin (BTC) crashed below $22,000 instantly on Sep. 13 after United States inflation data failed to meet estimates. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView CPI print sparks major crypto rout Data from Cointelegraph Markets Pro and TradingView showed BTC/USD swiftly falling $1,000 after Consumer Price Index (CPI) inflation for August came in at 8.3% year-on-year. Consensus had agreed that 8.1%…
In brief Adtech startup Slice has implemented Bitcoin’s Lightning Network into its web browser extension, letting users earn BTC rewards for viewing ads. It uses Zebedee’s Lightning Network integration, which has previously been used across various games. Brave popularized the concept of giving users crypto rewards for using its web browser, and has seen surging user counts as a result.…
Bitcoin rose for a seventh consecutive session on Tuesday, as the token moved to a three-week high. The price surge came ahead of this afternoon’s U.S. inflation report, which is expected to come in at 8.1% for August. Ethereum continued to trade lower in today’s session, as volatility remained high ahead of The Merge. Bitcoin Bitcoin (BTC) rose for a…
Amazing things are being built in Web3 — often by pseudonymous individuals who prefer to keep their real-world identity private. In some ways, this is liberating. It means that anyone can have a chance to get involved in a project and deliver value to the community — irrespective of their background. But as decentralized identities proliferate, there’s one issue that…
The head trader of a $100 million global cryptocurrency Ponzi scheme has pleaded guilty and is facing up to five years in prison, according to the U.S. Department of Justice (DOJ). “The defendants allegedly misappropriated large sums of investors’ money to lease a Lamborghini, shop at Tiffany & Co., make a payment on a second home, and more.” Empiresx’s Head…
In a recent interview, Ubisoft CEO Yves Guillemot spoke at length about the video game firm’s adoption of blockchain technology and “Web3 capabilities,” admitting that the company is “still in research mode.” He said the French game studio is exploring many new technologies, including cloud computing and Web3, but is ultimately still “testing ground” to see if these new technologies…
The Financial Services Regulatory Authority (FSRA), the financial regulator of Abu Dhabi Global Market free economic zone (ADGM), published its “Guiding Principles” on its approach to virtual asset regulation and supervision. Friendly in tone to the crypto industry, the principles pledge to comply with international standards in Anti-Money Laundering (AML), combating the financing of terrorism (CFT) and supporting financial sanctions. …
With a total search score of 377, Singapore is the top-ranked nation among countries most interested in the Ethereum blockchain’s upcoming The Merge, a new Coingecko study has found. The same study also found that among the top eight ranked countries, proof-of-work (PoW) related searches are 169% higher than PoS (proof-of-stake) searches. ETH Merge Searches According to a new Coingecko…
The electronic payments provider ePayments is putting the final nail in the coffin of its operations. ePayments issued email notices to clients on Sept.12, stating that it is officially closing its business operations in light of local regulations. The financial services provider was one of the largest electronic payment providers in the United Kingdom. However, almost three years ago, it…
Opera Crypto Browser, a Web3-focused browser built to work with a variety of decentralized apps (dApps), now supports third-party wallets such as MetaMask. The upgrade, which the Oslo-based company describes as “one of the most significant updates since its genesis,” comes in the run-up to Ethereum’s transition from the proof-of-work (PoW) consensus algorithm to a less energy-intensive proof-of-stake (PoS) model,…
