The fund cited “ongoing and threatened litigation” in its reasons for being unable to distribute its remaining assets to UST users starting with the smallest HODLers. Source: https://cointelegraph.com/news/distribution-of-assets-is-not-possible-at-this-time-says-luna-foundation-guard
Month: October 2022
Google to Require Government Authorization to Provide Advertising Services for Financial Products in Spain – Regulation Bitcoin News
Google, the web search and software monolith, has announced that it will require authorization from government entities to lend advertising services to financial companies in Spain. This measure, which was also implemented in the U.K. back in 2021, is expected to be extended to more countries in coming months. Google to Require Government Authorization of Advertisers Google, the…
Bitcoiner claims to have found 'long lost Satoshi Bitcoin code' with personal notations
According to Jim Blasko, he was able to uncover raw data and files from Bitcoin v0.1 including notations from Satoshi Nakamoto using “a little browser hacking.” Source: https://cointelegraph.com/news/bitcoiner-claims-to-have-found-long-lost-satoshi-bitcoin-code-with-personal-notations
Jim Cramer Says He Bought a Farm With Bitcoin Profits—And Dares You to Bet Against Him
CNBC’s Jim Cramer prodded his myriad online non-believers on Friday with a challenge: bet against him. He dares you. Cramer bragged to Crypto Twitter that he’s divested from Bitcoin and Ethereum and bought a farm and boat with the spoils. He then coaxed doubters of his crypto market analyses to go all in on their anti-Cramer positions. Soon, those doubters…
Bitcoin price finally made a move, and fireworks are sure to follow
New crypto market trends are starting to emerge now that Bitcoin and equities markets move closer to make-or-break levels, which will determine the markets’ direction. Source: https://cointelegraph.com/news/bitcoin-price-finally-made-a-move-and-fireworks-are-sure-to-follow
Ethereum Fork ETHW Is Already Down 86% From Its All-Time High
It’s been a rough start for the Ethereum proof-of-work fork ETHW. The price of the coin is down 31% for the week—and a remarkable 86% from its all-time high of $58.54 on September 3, according to CoinGecko. After the Ethereum blockchain did away with mining and completed its long-anticipated transition to proof of stake in mid-September, miners launched a competing fork…
Crypto Biz: NYDIG stacks sats, Elon buys Twitter
Amid the bear market, positive signs of crypto adoption continue to emerge. Also, Elon Musk is finally moving ahead with plans to acquire Twitter. Source: https://cointelegraph.com/news/crypto-biz-nydig-stacks-sats-elon-buys-twitter
Solana Co-Founder Says ‘Long-Term Fix’ to Network Outages Is in the Works
Solana co-founder Anatoly Yakovenko knows that Solana’s outages concern its users. But a solution for the network could be on the horizon. “This has been the biggest challenge for us, and the number one priority,” Yakovenko told Decrypt on the most recent episode of the gm podcast. The young proof-of-history, proof-of-stake hybrid blockchain has had five outages since its launch…
Transit Swap ‘hacker’ returns lion’s share of $23M in stolen funds: Finance Redefined
Majority of the DeFi tokens in Top-100 traded in red barring a few, thanks to the weekend rout in the market correction towards the end of the week. Source: https://cointelegraph.com/news/transit-swap-hacker-returns-lion-s-share-of-23m-in-stolen-funds-finance-redefined
Gold and Silver Prices Slide Lower Following US Jobs Report — Analyst Says Data Suggests ‘Market Bottom Is in Place’ – Market Updates Bitcoin News
On Friday, October 7, 2022, the precious metals gold and silver dropped in U.S. dollar value following the recent U.S. jobs report for September. The USD value of gold per troy ounce is awfully close to slipping below the $1,700 range, while the price of silver is teetering near the $20 threshold. Precious Metals Price Patterns Follow Friday’s Equity Market…