Crypto markets have dropped a great deal in value over the last 24 hours as crypto assets across the board have lost anywhere between 7-15% in value during this time period. The overall market valuation of all 10,000+ crypto-assets in existence has slid just below the $2 trillion handle, losing over 9% in value during the last 24 hours. Crypto…
Category: News
Coinbase signs new $1.36M contract with US Customs enforcement agency
Leading U.S. cryptocurrency exchange Coinbase has secured a contract to develop tech for the Department of Homeland Security worth as much as $1.36 million.Under the agreement, Coinbase has been contracted to deliver “application development software as a service” for the U.S. Immigration and Customs Enforcement division (ICE). The contract took effect on Sept. 16 and will see Coinbase receive $455,000…
Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels
Despite Bitcoin (BTC) dropping below $43,000 mark on Sept. 20, the outflow of BTC from exchanges has continued in a multi-month trend, particularly on Coinbase Pro. BTC/USD 4-hour candle chart, Coinbase. Source: TradingView.comOver the past month, the amount of Bitcoin held in Coinbase Pro’s vaults dropped by 28,843.87 BTC. Similarly, other crypto exchanges, including Kraken, OKEx, Bitfinex, and Huobi, also experienced a…
Latest DeFi hack targeting BSC sees $12.7M in Bitcoin stolen from pNetwork
Roughly $12.7 million worth of tokenized Bitcoin has been stolen from the BSC-based cross-chain composability platform pNetwork. Source link
Bitcoin loses $44K support as stocks, Evergrande nerves hit BTC price
Sentiment takes a battering amid surprise at the extent of the Bitcoin price “nuke.” Source link
‘Best bear market ever’ — 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week with a decidedly bearish move — but one that fails to shake investor confidence in the bull run.A mixed weekend saw BTC/USD close above $47,000 only to lose all of its previous gains to challenge $45,000 support hours later.It’s a delicate situation — not just Bitcoin, but stocks and sentiment are taking a beating…
Indians opt for state-run blockchain platform amid bulk SMS regulations
India’s state-owned telecom Bharat Sanchar Nigam Limited (BSNL) has registered 7,477 businesses on its blockchain-based communication platform after authorities imposed new regulations to protect consumers from spam and fraud.The Telecom Regulatory Authority of India (TRAI) established messaging regulations that require scrubbing consumer communication messages to ensure that the receiver of the message has opted in for such interactions. The drive…
Largest NFT Market by Volume Opensea Launches Smartphone Application – Bitcoin News
On September 17, the largest non-fungible token (NFT) marketplace in terms of volume, Opensea, announced the launch of the platform’s mobile application. Opensea marketplace users can now access a wide variety of NFT collections on their smartphones by downloading the application from Apple’s App Store or the Google Play store. Opensea Launches Mobile App for iOS and Android Phones According…
Nigerian Central Bank Threats Force Parallel Exchange Rate Tracker to Suspend Service – Economics Bitcoin News
Following threats from the Central Bank of Nigeria (CBN), the management of Abokifx, a website that tracks the Nigerian currency’s black market exchange rates, has announced the suspension of their daily updates. This suspension will remain in effect until Abokifx gets “better clarity of the situation,” management said on September 17, 2021. Tracking of Parallel Market Rates ‘Undermining’ Nigerian Economy…
Bitcoin.com Doubles Down on Non-Custodial Model – Promoted Bitcoin News
Bitcoin.com, in line with its vision to support ‘economic freedom,’ is refocusing its efforts on non-custodial, or ‘self hosted,’ crypto products, including exchange. Therefore, the Bitcoin.com Wallet, which is fully non-custodial and provides users with direct access to public blockchains like Bitcoin, Bitcoin Cash, and Ethereum will be the company’s flagship product going forward. What’s the non-custodial model? When you…