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” Cake DeFi publishes Merkle tree-based Proof of Reserves “ Singapore-based decentralized finance (DeFi) services firm, Cake DeFi, has announced the release of its Proof of Reserves using the cryptographically-audited Merkle tree method. Developed by Ralph Merkle in 1979, the Merkle tree method is a way of proving that a certain piece of data is…
” Price analysis 1/4: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI “ Gold made a strong start to the new year and is trading close to a seven-month high on expectations that the United States Federal Reserve may slow down and hike rates only by 25 basis points in its next meeting…
” Coinbase reaches $100M settlement with NY regulators “ New York regulators announced on Jan. 4 that cryptocurrency exchange Coinbase will pay a $50 million fine and invest a further $50 million in its compliance program, following a settlement with the New York State Department of Financial Services. The fine was issued after regulators found…
” 3 reasons why it could be a rocky week for Bitcoin, Ethereum and altcoins “ Continuing with 2022’s trend, there is a lack of positive excitement in the crypto market. While Bitcoin (BTC) and altcoins have remained stagnant to start 2023, there are a few reasons why volatility could spike in January. Market caps…
” Bithumb former chair Lee Jung-Hoon acquitted in the first instance “ Lee Jung-hoon, the former chair of the South Korean cryptocurrency exchange Bithumb, was found not guilty on Jan. 3 by the 34th Division of the Criminal Agreement of the Seoul Central District Court. Jung-Hoon was on trial under accusations of violating the Act…
” Erik Voorhees tips $40K BTC by June, but little consensus among pundits “ There is little agreement among Bitcoin’s commentators over the last few weeks, with crypto execs, research analysts and billionaire investors offering wildly different takes on what’s in store for Bitcoin for the year ahead. One crypto exchange founder expects Bitcoin (BTC)…
” Price analysis 1/2: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, LTC “ The S&P 500 index (SPX) fell 19.4% and the Nasdaq nosedived 33.1% in 2022, recording the worst performance since 2008. The crypto markets also had a horrendous year with Bitcoin (BTC) falling roughly 65% in 2022. In comparison, the United…
” Cameron Winklevoss pens open letter to Barry Silbert about Gemini’s blocked funds “ Jan. 2 “marks 47 days since Genesis halted withdrawals,” Cameron Winklevoss, cofounder of the cryptocurrency exchange Gemini, pointed out in an open letter to Barry Silbert, CEO of the Digital Currency Group (DCG), which owns Genesis. Winklevoss went on to make…
” Top crypto funding stories of 2022 “ 2022 was a watershed year for crypto venture capital, as investors poured tens of billions of dollars into blockchain-focused startups despite the overwhelmingly bearish trend in asset prices. Is the VC-dominated crypto funding model good for the industry? Only time will tell. Cointelegraph Research is still in…
” Sam Bankman-Fried denies moving funds from Alameda wallets “ Sam Bankman-Fried, the former CEO of the now-defunct FTX exchange, has denied moving funds tied to Alameda wallets, days after he was released on a $250 million bond. On Dec. 30, Fried tweeted to his 1.1 million followers, denying any involvement in the movement of…