BTC supply dynamics show all-time high percentage ownership by long-term holders, and Bitcoin investors should “do the math” as a result, analysis says. Source: https://cointelegraph.com/public/index.php/news/bitcoin-long-term-investors-own-76-percent-btc
Cointelegraph’s Hashing It Out podcast talked with MultiChainZ chief operating officer Aanchal Thakur to discuss a popular decentralized finance (DeFi) use case: lending. Host Elisha Owusu Akyaw and Thakur explored what makes a cross-chain lending platform different from other platforms and the potential risks it entails. Other highlights include conversations about institutions, DeFi lending, nonfungible token lending, and how projects embrace…
One of the largest European crypto exchanges, a Vienna-based BitPanda, became one of the first foreign entities to receive a virtual assert service provider license in Norway. The announcement came on the company’s official X (former Twitter) account on Oct. 19. BitPanda holds a license in a number of European jurisdictions, such as Austria, Germany, France, the Czech Republic and…
New York’s attorney general has filed a lawsuit against cryptocurrency firms Gemini, Genesis and Digital Currency Group for allegedly defrauding investors through the Gemini Earn investment program. An official statement from the office of attorney general Letitia James outlines the basis of the charges, claiming that the companies defrauded more than 23,000 investors, including 29,000 New York citizens of more than…
Bank of Finland (BOF) is coordinating the creation of a Finnish instant payment solution compatible with European standards. BOF board member and member of the Governing Council of the European Central Bank (ECB) Tuomas Välimäki made the announcement on Oct. 19. Välimäki revealed that the Bank of Finland is actively promoting the development of new forms of payment. The official…
Ras Al Khaimah ruler Sheikh Saud bin Saqr Al Qasimi inaugurated the new RAK Digital Assets Oasis (RAK DAO), an economic free zone dedicated to supporting companies involved in digital and virtual assets, blockchain, Web3, and artificial intelligence (AI), on Oct. 19. As previously reported by Cointelegraph, the free zone will be dedicated to digital and virtual assets service providers…
Bitcoin (BTC) is becoming scarcer than ever — if you are a BTC price speculator or new to the market. The latest data from on-chain analytics firm Glassnode shows a record portion of the available BTC supply is locked up in long-term storage. Bitcoin long-term holder presence beats all-time highs At more than 76%, Bitcoin’s long-term holders (LTHs) control more…
Elon Musk, Mark Cuban, with others, have collaboratively submitted a shared amicus brief to the Supreme Court, wherein they raise concerns about the Securities and Exchange Commission’s (SEC) approach to conducting internal proceedings without the inclusion of juries. Mark Cuban, a billionaire crypto investor and DeFi advocate who actively engages in the cryptocurrency space, and Elon Musk, the CEO of Tesla and…
Aptos suffered an outage last night from around 7 pm ET and lasted more than five hours yesterday while hosting a mass drawing application to celebrate its one-year anniversary. Data from Aptos block explorer Aptos showed that on-chain transactions stopped for about five hours on October 18. The blockchain explorer AptoScan shows a difference of 5 hours and 6 minutes…
The United States-based cryptocurrency exchange Coinbase is strengthening its presence in Europe and has officially announced Ireland as its chosen main European crypto hub. Coinbase has selected Ireland as its EU entity location of compliance with Europe’s major cryptocurrency regulatory framework known as Markets in Crypto-Assets Regulation (MiCA), the firm announced to Cointelegraph on Oct. 19. With MiCA, which is…
