Analysts warn that Bitcoin price might not be going “to the moon” all in one go. Source: https://cointelegraph.com/news/bitcoin-price-dip-another-leg-up-open-interest-crypto-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Elizabeth Warren’s Anti-Crypto Stance Takes Center Stage in Senate Debate With John Deaton
In a heated debate for the Massachusetts Senate seat, Elizabeth Warren and John Deaton clashed on the future of cryptocurrency, focusing on bitcoin’s role in banking and its regulation. The conversation highlighted stark contrasts in their views on financial stability and consumer protection. Warren vs. Deaton: Senate Candidates Clash Over Views on Crypto John Deaton, […] Source: https://news.bitcoin.com/elizabeth-warrens-anti-crypto-stance-takes-center-stage-in-senate-debate-with-john-deaton/
Florida Man Sentenced to 20 Years in Prison Over Crypto Ponzi Scheme
Juan Tacuri, a senior promoter in a global cryptocurrency Ponzi scheme Forcount, has been sentenced to 20 years in prison by a federal court in New York. The sentence, handed down on Tuesday, marks the maximum statutory term for Tacuri’s involvement in the fraud operation known as Forcount, which later rebranded as Weltsys. In a statement issued Wednesday, the U.S.…
How Kraken fixed performance issues via incremental adoption of the React Native New Architecture
By Ben Irving, Kraken Sr. Software Engineer Performance pain can make developers go the extra mile. In this blog post, you can learn from the performance issues we experienced at Kraken and how we embarked on a New Architecture adoption journey to solve those issues. Yes, there were speed bumps along the way. We learned from them, and we hope…
Chainalysis to appear in court over $650M defamation suit
The suit alleges Chainalysis falsely labeled the YieldNodes project a scam. Source: https://cointelegraph.com/news/chainalysis-appear-court-650-million-defamation-suit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Italy Reveals 62% Increase in Bitcoin Capital Gains Tax
The Italian government has announced plans to raise the tax rate on capital gains from Bitcoin and other cryptocurrencies from 26% to 42%. That’s a nearly 62% increase from the current rate. Local financial news outlet Il Sole 24 Ore reported that Deputy Minister of Economy Maurizio Leo disclosed the move during a press conference on the 2025 budget. The…
4th time's the charm? Bitcoin tags $68K in attempt to break 217-day downtrend
Multiple onchain metrics showed a surge in activity as Bitcoin price rallied to $68,000, possibly signaling that the price momentum is sustainable. Source: https://cointelegraph.com/news/4th-time-s-the-charm-bitcoin-tags-68-k-in-attempt-to-break-217-day-downtrend?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Redefining Boundaries: Pokras Lampas and 0xProcessing Merge Art and Technology at Blockchain Life 2024
PRESS RELEASE. 0xProcessing, a prominent player in crypto payment solutions, is thrilled to announce its collaboration with world-renowned calligrapher Pokras Lampas. Pokras, who has worked with brands like NIKE, Ralph Lauren, Pirelli, Red Bull, and other well-known companies, has designed a visionary booth for the upcoming Blockchain Life 2024 conference in Dubai, set to take […] Source: https://news.bitcoin.com/redefining-boundaries-pokras-lampas-and-0xprocessing-merge-art-and-technology-at-blockchain-life-2024/
Thailand's oldest bank announces stablecoin remittance services
The Siam Commercial Bank Public Company, founded in 1907, was the first bank established in the South Pacific country. Source: https://cointelegraph.com/news/thailand-commercial-bank-announces-stablecoin-remittance-services?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI-Designed Meme Coin GOAT Sees Explosive Growth in Just 72 Hours
Based on market data, goatseus maximus (GOAT), a meme coin generated by an artificial intelligence (AI) bot, has been steadily increasing in value since its introduction. Over the past 24 hours, it has appreciated by 132% against the U.S. dollar. From AI Bot to Major Crypto Exchanges: GOAT Climbs 546% in a Week It’s hard […] Source: https://news.bitcoin.com/ai-designed-meme-coin-goat-sees-explosive-growth-in-just-72-hours/