Bitcoin Bounces at $55K as Solana, SHIB Lead Crypto Market Recovery
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Bitcoin Bounces at $55K as Solana, SHIB Lead Crypto Market Recovery

In brief The entire cryptocurrency market has suffered this week because of a huge sell-off. But today it is recovering. Bitcoin isn’t up that much in the past 24 hours—but various altcoins are. The cryptocurrency market has bounced back after yesterday’s sell-off—with altcoins Shiba Inu and Solana leading the recovery.  Markets on Thursday were hit hard after already suffering a…

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Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19
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Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19

Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. Read on to discover why almost half of the liquidity providers on Uniswap v3 are losing capital due to impermanent loss. What you’re about to read is the smaller version of this newsletter. For the full breakdown of DeFi’s developments over the last week, subscribe below. Acala wins Polkadot’s debut…

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US Senator Introduces Legislation to Repeal Infrastructure Bill’s Attack on Crypto Industry
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US Senator Introduces Legislation to Repeal Infrastructure Bill’s Attack on Crypto Industry – Regulation Bitcoin News

U.S. Senator Ted Cruz has introduced a bill to repeal the $1 trillion infrastructure package’s crypto provision, which he said is a “devastating attack” on the crypto industry. “I urge my colleagues in the Senate to repeal this harmful language that will create regulatory uncertainty and in turn an unnecessary barrier to innovation,” he said. Senator Cruz Pushes for Infrastructure…

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Inflationary winds from around the world spell a sea change for Bitcoin
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Inflationary winds from around the world spell a sea change for Bitcoin

Is the global economy in uncharted territory now vis-a-vis Bitcoin (BTC) and inflation? During most of the cryptocurrency’s brief life, the economic environment has been generally pro-growth with stable prices but recently, there are fresh warnings of an inflationary storm.  If so, what does it mean for Bitcoin, long promoted by partisans as an inflation hedge though not really tested…

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Hillary Clinton Fears Bitcoin Will Undermine Dollar As World Reserve Currency
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Hillary Clinton Fears Bitcoin Will Undermine Dollar As World Reserve Currency

Former democratic presidential candidate Hillary Clinton spoke about Bitcoin and crypto’s ability to weaken governments during a video panel discussion at the Bloomberg New Economy Forum in Singapore on Friday. Hillary warned, “What looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with them has the potential for undermining currencies, for…

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Funding platform Orica partners with NGO to use NFTs to build a school in Uganda
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Funding platform Orica partners with NGO to use NFTs to build a school in Uganda

The rising number of social impact projects using digital art to fundraise for charitable causes marks a powerful development in the nonfungible token (NFT) space. One such project leveraging technology for social good is Orica, an ethical funding platform supporting artists and social impact organisations, or SIOs, to create and sell NFTs. Orica launched Thursday at the Malta AI &…

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Your Fingerprint Can Be Hacked For $5. Here’s How.
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Your Fingerprint Can Be Hacked For $5. Here’s How.

Fingerprint authentication is a convenient alternative to passwords and PIN codes. Who wants to spend time typing in a lengthy string of numbers, letters and characters when a simple tap will suffice? Unfortunately, that convenience comes at a cost. Because, unlike a regular password, you leave your fingerprint on taxi doors, iPhone screens, and glasses of wine at your local…

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India Considers Allowing Only Preapproved Cryptocurrencies — Crypto Regulation Expected by Year-End: Report
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Report – Regulation Bitcoin News

India is reportedly considering allowing only preapproved cryptocurrencies to be listed and traded on exchanges. In addition, the government aims to both introduce and pass a cryptocurrency law by year-end. Indian Crypto Regulation and Preapproved Cryptocurrencies India is considering allowing only cryptocurrencies that have been “preapproved by the government” to be listed and traded on exchanges, Reuters reported Thursday, citing…

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