Over the past month, toncoin (TON) has appreciated by 18.4% against the U.S. dollar, achieving a new all-time high last week. Current data indicates that the top ten TON chain coins, including TON, have a combined value of more than $20 billion. Gaming and Meme Tokens Drive TON’s Market Growth to $20 Billion The Open […] Source: https://news.bitcoin.com/top-10-ton-chain-coins-reach-20-billion-in-combined-value/
According to the Money Laundering Risk Assessment Report by Singapore’s central bank, the banking sector is identified as the highest money laundering risk to the country. The report also highlights risks related to digital assets and cryptocurrencies. To mitigate these risks, the Monetary Authority of Singapore (MAS) has implemented stringent regulatory measures under the Payment […] Source: https://news.bitcoin.com/banking-sector-poses-highest-money-laundering-risk-singapores-central-bank-says/
Turkish crypto exchange Btcturk has suffered a cyber attack which caused unauthorized withdrawals from the platform. Crypto exchange Binance is assisting Btcturk with investigating the breach and has already frozen over $5.3M in stolen funds, Binance’s CEO has disclosed. Btcturk has reopened deposits and withdrawals for all ERC20 cryptocurrencies on the ERC20 network. Binance Assisting […] Source: https://news.bitcoin.com/binance-helps-btcturk-with-hack-investigations-freezes-over-5-3m-in-stolen-funds/
Saylor’s comments came during a wide-reaching discussion with Bitcoin podcast host Robin Seyr. Source: https://cointelegraph.com/news/bitcoin-offers-economic-immortality-will-reach-10m-per-coin-michael-saylor
In 2020 and early 2021, the stock-to-flow (S2F) bitcoin price model captured widespread attention. Although bitcoin currently stands over 13% below its peak value reached in March, the Power Law Corridor model has become increasingly influential. Many hold the view that the Power Law model’s support line has remained steadfast for over ten years and […] Source: https://news.bitcoin.com/bitcoins-power-law-model-gains-traction-despite-market-fluctuations/
About the Author Carlo D’Angelo is a lawyer, former law professor, and crypto and NFT enthusiast. Carlo’s practice focuses on advising clients in all areas of blockchain technology law. Carlo is also the host of Lex Line, a weekly crypto and blockchain law podcast. The views expressed here are his own and do not necessarily represent those of Decrypt. With…
As the U.S. stock market scales new heights, a growing chorus of analysts warns that a severe crash could be on the horizon, reminiscent of the devastating 1929 collapse. Concerns center around the meteoric rise of Nvidia and the burgeoning artificial intelligence (AI) sector, feared to be the latest bubble in a pattern echoing past […] Source: https://news.bitcoin.com/market-jitters-analysts-warn-of-looming-us-stock-crash-draw-parallels-to-1929/
TON, PEPE, KAS, and JASMY could attract buying if bears fail to pin Bitcoin below $64,602. Source: https://cointelegraph.com/news/bitcoin-price-loses-ground-as-ton-pepe-kas-and-jasmy-catch-traders-attention
In the past week and a half, the crypto markets have shown a bearish trend, suggesting that the summer slowdown is underway. Many anticipate that bitcoin and the broader crypto economy might face a few uneventful weeks ahead. Onchain analyst Willy Woo believes there could be another one to four weeks of cooling down “before […] Source: https://news.bitcoin.com/cryptos-stagnant-summer-analysts-say-boring-markets-may-set-stage-for-eventual-price-surge/
Quantum computing for finance is proving to be one of the harder problems for scientists in the field. Source: https://cointelegraph.com/news/darpa-release-difficulty-developing-quantum-computer-finance-solutions
