Month: October 2024

In a working paper, Amol Amol and Erzo G.J. Luttmer from the Federal Reserve Bank of Minneapolis argue that prohibiting bitcoin or imposing specific taxes could help governments implement permanent primary deficits effectively. Their research explores the impact of bitcoin on fiscal policies and offers potential solutions. The Case Against Bitcoin: The Minneapolis Federal Reserve’s […] Source: https://news.bitcoin.com/a-new-fed-working-paper-aims-to-rein-in-bitcoin-with-taxes-or-prohibition-heres-why-its-flawed/

In a new blog post, Ethereum co-founder Vitalik Buterin addressed risks to the layer-1 blockchain due to potential centralization in its proof-of-stake (PoS) consensus mechanism. In the post dated October 20, Buterin discussed the third of several “Possible futures of the Ethereum protocol,” which he dubbed “The Scourge.” Buterin warned that economic pressures could allow large stakers to dominate the…

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The co-founcer of Indian crypto exchange CoinSwitch has accused rival exchange WazirX of transferring $75 million worth of user funds to global exchanges Bybit and KuCoin in the aftermath of a July 2024 cyberattack. Ashish Singhal made the allegation as CoinSwitch released a public dashboard tracking wallet activities based on WazirX’s recent wallet disclosure. Making sense of WazirX’s wallet disclosure…

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We are thrilled to announce that Changelly has been recognized by the prestigious World Business Outlook Awards 2024 as the Outstanding Crypto Exchange API Provider globally. This recognition highlights our ongoing commitment to delivering reliable, fast, and comprehensive API solutions to businesses worldwide. Empowering Global Partners with Innovative API Solutions Changelly APIs have been praised for their reliability, speed, and…

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On Oct. 21, 2024, ethereum holds steady at $2,706, sticking within a key trading zone after recently hitting a high of $2,769. Technical indicators across various timeframes paint a mixed picture, as oscillators suggest caution while moving averages still point to a largely bullish trend. As ether hovers between support and resistance, traders should stay […] Source: https://news.bitcoin.com/ethereum-technical-analysis-eth-price-holds-key-support-eyes-upper-breakout/