Following the arrest of Telegram CEO Pavel Durov in Paris last week, privacy advocates quickly rallied to his defense, with the likes of Proton CEO Andy Yen calling Durov’s arrest “insane.” But in the days since, a rift has opened up among the developers of privacy-focused apps and cryptocurrencies, with some questioning Telegram’s tools for “protecting user privacy.” In a…
Month: August 2024
800 ETH Transferred: Vitalik Buterin’s Latest Wallet Activity Draws Attention
Onchain data reveals that Ethereum co-founder Vitalik Buterin recently shifted 800 ether, valued at just over $2 million, from a well-known address. After the initial transfer, 190 ether was reportedly exchanged for 477,000 USDC. Vitalik Buterin Moves 800 Ether to Multisig Wallet, Sparks Social Media Interest On Aug. 30, 2024, the X account Lookonchain shared […] Source: https://news.bitcoin.com/800-eth-transferred-vitalik-buterins-latest-wallet-activity-draws-attention/
Bitcoin collateralized loans can accelerate capital velocity: Ledn CEO
Sprawling bureaucracies, inefficient processes, and fax machine-era technology have hampered economic development and capital velocity. Source: https://cointelegraph.com/news/bitcoin-collateralized-loans-can-accelerate-velocity-money?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
VC Roundup: Blockchain startups remain popular among investors in August
This edition of Cointelegraph’s VC Roundup features Orderly Network, Echelon, Solayer Labs, Parlay Labs, Level, and Quai. Source: https://cointelegraph.com/news/vc-roundup-blockchain-startups-remain-popular-among-investors-august?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Judge orders ex-FTX exec to appear after request to vacate guilty plea
Despite withdrawing a petition to void his guilty plea, Ryan Salame must appear in a New York courtroom on Sept. 12 as scheduled. Source: https://cointelegraph.com/news/judge-ftx-exec-hearing-vacate-guilty-plea?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Market Liquidity Concerns Spark Investor Caution
Bitcoin’s recent market performance has been overshadowed by growing concerns about liquidity and the potential for large sell-offs by so-called “whales”—entities holding significant amounts of the cryptocurrency. As the month of August comes to a close, Bitcoin is trailing behind traditional assets, burdened by fears that governments and other major holders might begin offloading their stockpiles. This Bitcoin market liquidity…
Bitcoin Trends Signal Potential Bull Run
The recent behavior of Bitcoin in the cryptocurrency market has sparked widespread debate, with its price retreating from all-time highs while altcoins experience even sharper declines. However, a closer examination of the underlying data presents a more nuanced view. Far from signaling market weakness, the current conditions might actually be setting the stage for Bitcoin’s next major bull run. This…
Musk Wins Dismissal of Dogecoin Pyramid Scheme Lawsuit
Elon Musk and Tesla Inc. (NASDAQ:TSLA) have successfully won the dismissal of a high-profile lawsuit that accused them of inflating the price of Dogecoin through a $258 billion “pyramid scheme.” The lawsuit, filed by disgruntled investors who claimed to have lost substantial sums of money, alleged that Musk used his massive social media following to artificially inflate the value of…
24X Exchange files amended application that could bring 24/7 trading to crypto ETFs
It would be the first time crypto ETF shares that could be traded after-hours in the US. Source: https://cointelegraph.com/news/24x-exchange-files-amended-application-bring-24-7-trading-crypto-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FOMO HOUR 191 – CRYPTO STABLE
FOMO HOUR 191 – CRYPTO STABLE BTC ETFs: -$72m, ETH ETFs: -$2m. BTC weekly volatility returns to multi-year lows. BlackRock BTC ETF sees first outflow in months. ETH dominance hits 4-year low. Vitalik linked wallet sells $2m ETH. Bukele talks up BTC impact in Time interview. CBoE files for ETH & BTC ETF options. Elon & Tesla win DOGE manipulation…