Bitcoin-buying public companies should be ready to cancel more buys if the value of their holdings eclipses their market cap, says VanEck crypto researcher Matthew Sigel. Read More at https://cointelegraph.com/news/bitcoin-buying-firms-weigh-stopping-risks-emerge-vaneck?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Crypto user loses $6.9M to a cold wallet from China’s TikTok
SlowMist’s chief information security officer said it’s important not to “gamble your entire fortune on a wallet that’s a few hundred bucks cheaper.” Read More at https://cointelegraph.com/news/crypto-investor-loses-6m-douyin-cold-wallet-scam?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin closer to equities than gold as Middle East war deepens
Gold brushed its all-time highs amid Middle East tensions, while analysts say BTC still trades more like a risk asset than a safe haven. Read More at https://cointelegraph.com/news/gold-reaches-near-all-time-high-is-bitcoin-follow?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bybit targets Q3 launch of new Solana-based DEX Byreal
Crypto exchange Bybit is launching Byreal, a hybrid decentralized exchange on Solana that combines centralized exchange liquidity with DeFi transparency. Read More at https://cointelegraph.com/news/bybit-launch-advanced-solana-based-dex-byreal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum whales, sharks keep buying up ETH as retail cashes out
Crypto analytics firm Santiment found that Ether whales boosted their ETH holdings by 3.72% while retail investors have been banking profits. Read More at https://cointelegraph.com/news/whales-chalking-up-ether-while-retail-take-profits?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Strategy’s Michael Saylor to help Pakistan with crypto pivot
Strategy chair Michael Saylor said during a meeting with the country’s finance and crypto ministers that he welcomed the opportunity to advise Pakistan on its crypto ambitions. Read More at https://cointelegraph.com/news/michael-saylor-advise-pakistan-crypto-pivot?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
TikTok crypto trader freed after kidnappers realized he’s broke
The crypto trader was reportedly forced into a stolen vehicle by four assailants as part of a 50,000 euro kidnapping plot. Read More at https://cointelegraph.com/news/kidnappers-release-crypto-trader-because-insufficient-funds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Polyhedra’s ZKJ token plummets 83% after ‘abnormal’ transactions
Polyhedra said it’s investigating a massive plunge in the price of its governance token, which now sits at 31 cents, down from $2. Read More at https://cointelegraph.com/news/polyhedra-token-tanks-koge-zkj-liquidity-cascade?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI race between US and China resembles Cold War — Marc Andreessen
The venture capitalist warned that virtually all artificial intelligence platforms are being developed in either China or the United States. Read More at https://cointelegraph.com/news/ai-race-between-us-china-cold-war-andreessen?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin mining difficulty falls slightly from recent all-time high
BTC miners continue to face economic headwinds and challenges, including gradually rising computational requirements to mine blocks. Read More at https://cointelegraph.com/news/btc-mining-difficulty-falls-slightly-all-time-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound