BigONE crypto exchange has confirmed a $27 million loss after a third-party attack on its hot wallet infrastructure. Read More at https://cointelegraph.com/news/bigone-exchange-27m-hot-wallet-hack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
BitMine surges after-hours as Peter Thiel discloses 9% stake
Billionaire Peter Thiel has bought a 9.1% stake in the crypto mining service company BitMine, which sent the company’s stock soaring in after-hour trading. Read More at https://cointelegraph.com/news/bitmine-surges-peter-thiel-discloses-stake?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘99% chance’ Bitcoin dominance has peaked if Ethereum surge continues
The odds are low that Bitcoin dominance will continue pushing higher if Ether holds its current bullish uptrend, says crypto analyst Matthew Hyland Read More at https://cointelegraph.com/news/bitcoin-dominance-high-chance-ceiling-ether-price-surge-crypto-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Michigan town puts pre-emptive curbs on crypto ATMs
The town of Grosse Pointe Farms has no crypto ATMs, but has regulated them anyway, requiring registration, warnings and limits on kiosks. Read More at https://cointelegraph.com/news/michigan-town-pre-emptive-curbs-crypto-atms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
GameStop CEO teases crypto payments, says Bitcoin buys are inflation hedge
Ryan Cohen says GameStop’s $500 million investment in Bitcoin was to act as a “hedge against inflation and global money printing.” Read More at https://cointelegraph.com/news/gamestop-teases-crypto-payments-says-bitcoin-investment-inflation-hedge?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cantor Fitzgerald plans $3.5B Bitcoin buy from Adam Back’s Blockstream: Reports
Brandon Lutnick’s Cantor Fitzgerald is nearing a big Bitcoin acquisition through a SPAC merger, targeting 30,000 BTC from Blockstream Capital. Read More at https://cointelegraph.com/news/cantor-fitzgerald-plans-3-5b-bitcoin-buy-from-adam-back-s-blockstream-reports?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ‘increasingly unlikely’ to see prolonged correction: 21Shares
Bitcoin’s “structural imbalance” signals that it probably won’t experience a significant downturn in the near term, says 21Shares crypto research strategist Matt Mena. Read More at https://cointelegraph.com/news/bitcoin-price-correction-unlikely-strong-fundamentals-21shares-crypto-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
House GOP plans quick re-vote on crypto bills amid CBDC dispute
House Speaker Mike Johnson says he’ll look to move forward with three crypto bills on Wednesday after some Republican lawmakers pulled support over wanting a CBDC ban. Read More at https://cointelegraph.com/news/us-house-crypto-bill-vote-moved-after-stall-over-cbdc-ban-demand?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Uniswap President Mary-Catherine Lader steps down after 4 years
Lader was one of the early names leave traditional finance to work in the crypto space. Read More at https://cointelegraph.com/news/uniswap-president-mary-catherine-lader-steps-down?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Prosecutors link Roman Storm to DPRK hackers in trial opening statements
The Tornado Cash co-founder’s legal team argued he “had nothing to do” with hackers using the crypto mixing service as his criminal trial kicked off. Read More at https://cointelegraph.com/news/roman-storm-trial-dprk-hackers-opening-statements?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound