Crypto exchange Coinbase has raised the offer on its $150 million debt buyback program after lukewarm demand. In an Aug. 21 announcement, Coinbase revealed that since the buyback program went into effect earlier this month, investors have tendered just over $50 million of bonds compared to a target of $150 million. Accordingly, the exchange raised its offer on 3.625% Senior…
Cheems Balltze, the dog behind viral images of the Shiba Inu enjoying cheeseburgers, died in his sleep on Aug. 18 amid a battle with cancer. The dog, also called “Ball Ball”, was 12 years old at the time of his death. The Shiba Inu breed in particular is famous among cryptocurrency users as the basis of tokens like Shiba Inu…
Binance cryptocurrency exchange customers are allegedly facing troubles with fiat withdrawals in Europe due to issues related to the Single Euro Payments Area (SEPA) transfers. The exchange has allegedly suspended euro withdrawals and deposits via SEPA, Binance’s customer support wrote in a now-deleted message on X (formerly Twitter) on Aug. 20. In the now-deleted message, the cryptocurrency exchange said it doesn’t…
Bitcoin (BTC) holdings owned by speculators are nearly 90% in the red after the “flash crash” to $26,000, new research says. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode reveals the true cost of last week’s BTC price dip to newcomers. Short-term holders “increasingly sensitive” to BTC price While only totalling around 10%, the…
Old digital money is on the move per on-chain data. Ethereum co-founder Vitalik Buterin deposited 600 Ethereum worth around $1 million, to Coinbase on Monday, according to data from Ethereum network explorer, Etherscan. Another dormant Ethereum address, which had bought ETH during Ethereum’s initial coin offering (ICO) in 2014, moved 191 ETH worth around $320,000 on August 20 to another…
Bitcoin (BTC) holdings owned by speculators are nearly 90% in the red after the “flash crash” to $26,000, new research says. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode reveals the true cost of last week’s BTC price dip to newcomers. Short-term holders “increasingly sensitive” to BTC price While only totalling around 10%, the…
Although a clear regulatory framework for digital assets has yet to be established in the United States, PayPal — one of America’s largest financial technology companies — announced on Aug. 7 its U.S. dollar-pegged payment stablecoin, PayPal USD (PYUSD). A PayPal spokesperson told Cointelegraph that PYUSD is important because mainstream adoption of future digital experiences will require a stable digital…
Imperial College London announced a partnership with the artificial intelligence (AI) startup FluidAI on Aug. 21 to help troubleshoot issues in the digital asset market using emerging technologies. The university’s AI lab I-X will be working alongside FluidAI to improve the “tokenized market” for institutions, trading platforms and retail investors. Particularly, FluidAI says the crypto space’s issue of liquidity aggregation…
Bitcoin traders are truly “spooked,” and sentiment crashes harder than BTC price as the shake-up from last week’s losses continues. Source: https://cointelegraph.com/app/public/index.php/news/btc-price-fear-svb-5-things-bitcoin-this-week
Blockchain sleuths have flagged the transfer of $1 million of ETH belonging to a wallet controlled by Ethereum (ETH) co-founder Vitalik Buterin as cryptocurrency markets remain depressed after widespread weekend losses. #PeckShieldAlert vitalik.eth has transferred 600 $ETH (~$1M) to #Coinbase pic.twitter.com/XVTwLqPENM — PeckShieldAlert (@PeckShieldAlert) August 21, 2023 The publicly labeled Ethereum wallet address vitalik.eth transferred 600 ETH on Aug. 21,…
