“I was just a guy having fun behind his computer,” Dan Polko told Decrypt. “I never imagined everything that was going to happen.” Polko bought 100 CryptoPunks, worth millions at their peak, back when nobody cared about the iconic NFT collection. The French native discovered CryptoPunks just a few days after they were first released in June 2017, after reading…
A Buenos Aires-headquartered oil company, Tecpetrol, has decided to convert excessive gas into energy for cryptocurrency mining. As reported by local media on Sept. 24, Tecpetrol will launch its first gas-powered crypto mining facility in the Los Toldos 2 Este region, located north of Vaca Muerta in the Argentine Patagonia. The company claims its approach would allow it to advance…
The U.S. House Financial Services Committee will hear how the Securities and Exchange Commission (SEC) is changing its oversight and rules to keep pace with technological advancements including cryptocurrencies and artificial intelligence. SEC chair Gary Gensler is set to outline how the U.S. securities regulator is updating its rules to align with “technology and business models of the 2020s.” As…
The historic Merge upgrade from Sept. 2022 — which marked Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) — resulted in the overall decline in compliance with standards laid down by the Office of Foreign Assets Control (OFAC). Ethereum blocks adhering to OFAC compliance censor certain transactions, which has a negative impact on the neutrality of the Ethereum ecosystem. In…
Cryptocurrency exchange Binance has announced its full exit from Russia by selling its firm to the cryptocurrency exchange platform known as CommEX. Binance has entered into an agreement to sell the entirety of its Russia business to CommEX, the firm said in an announcement to Cointelegraph on Sept. 27. To ensure a smooth process for existing Russian users, the off-boarding…
Bitcoin trading volumes at a five-year low and the S&P 500 reaching its lowest levels in over three months could spell trouble for BTC bulls. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-price-26k-monthly-3-billion-btc-options-expiry
Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion (6.6 billion Swiss francs) in assets, has joined the Central Securities Depositary of the crypto exchange SDX. According to the press release from Sept. 27, Hypothekarbank Lenzburg will become the sixth bank to join SDX along with Berner Kantonalbank, Credit Suisse, Kaiser Partner Privatbank, UBS and Zürcher Kantonalbank. All of…
Bitcoin trading volumes at a five-year low and the S&P 500 reaching its lowest levels in over three months could spell trouble for BTC bulls. Source: https://cointelegraph.com/public/index.php/news/bitcoin-price-26k-monthly-3-billion-btc-options-expiry
The upcoming $3 billion in Bitcoin (BTC) monthly options expiration on Sep. 29 could prove pivotal for the $26,000 support level. BTC price faces serious headwinds On one side, Bitcoin’s recognition in China appears to be strengthening, following a judicial report from a Shanghai Court that acknowledged digital currencies as unique and non-replicable. Conversely, Bitcoin‘s spot exchange trading volumes have…
A Bitcoin proponent’s recent attempt to crypto trade his way from New York to Alaska has come to a sudden and bitter end — some 900 miles from his final destination. Thomas Kralow, a crypto trader and educator recently set himself the daring task of traveling from one side of the United States to the other funded solely by trading…
