Amid the global cryptocurrency exchange Binance recovering from several halts of Bitcoin (BTC) withdrawals, its American arm, Binance.US, is selling BTC at a premium. The price of Bitcoin on Binance.US is $700 more expensive than the cryptocurrency’s market price on May 9. At the time of writing, or around 1:30 am UTC, Bitcoin was trading at
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Where would you hide $3.4 billion worth of Bitcoin? For James Zhong, the ideal spot was to store it on a computer — with its circuitry exposed — placed in a used Cheetos popcorn tin hidden in a bathroom closet under a pile of blankets. Zhong, now 32, was sentenced to a year in federal
Coinbase legal chief has requested that the U.S. Securities and Exchange Commission (SEC) make several revisions to its proposed regulation on the responsibilities of registered investment advisers (RIAs) to store client assets with qualified custodians. Although the U.S. SEC acknowledges Coinbase Custody as a “qualified custodian,” Coinbase contends that the updated RIA custody rule unfairly
The recent approval of a blockchain adoption strategy by the Nigerian government has been described as a milestone that will “add clarity, trust and confidence in the [blockchain] ecosystem.” The unveiling of the adoption strategy document has also been hailed as a step that will lend “some form of legitimacy” to a technology that many
A single trader just spent a staggering 64 Ether — equivalent to $118,000 — in gas fees purchasing $155,000 worth of a memecoin called Four (FOUR). According to an update from the popular blockchain tracking service ‘Whale Alert’, the lone trader paid an astonishing $119,157 in Ether (ETH) to complete a Unsiwap trade that swapped
The number of Ordinals inscriptions on the Bitcoin (BTC) network has witnessed another meteoric rise, almost doubling from 2.5 million to 4.78 million in just the last eight days. While the Ordinals protocol was initially used to mint images as non-fungible tokens (NFTs), users began to realize that they could use text-based inscriptions to create
Last week brought several significant international developments in regulation. Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets. While local payment providers refuse to comment on the decision, Argentina’s fintech chamber urged the government to reconsider, claiming that “it limits access
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of the industry is still
For the past 17 days, Bitcoin (BTC) price has been trading within a narrow 8.5% range from $27,250 to $29,550, causing the 40-day volatility metric to drop below 40%. This wasn’t restricted to cryptocurrencies as the S&P500 index’s historical volatility has reached 17%, its lowest level since December 2021. But will $28,000 become the new
When interviewing for Web3 jobs, it’s important to be prepared for a range of questions that may vary depending on the specific role and the company you are interviewing with. That said, there are some common interview questions that you can expect to encounter. These questions typically cover your understanding of the Web3 ecosystem, your
Other than representing a claim of one’s assets, LP tokens can be used across multiple DeFi platforms in ways that can accrue the investment’s value. How do LP tokens gain value? They gain value as a fundamental component of DeFi, contributing to the smooth operation of the DEXs and AMMs used by these DApps. One
Decentralized liquidity protocol Aave has deployed on Ethereum (ETH) layer-2 scaling platform Metis, bringing a host of decentralized finance (DeFi) features and products to its ecosystem. Aave’s community recently voted in favor of a proposal deploying on zero-knowledge (zk) proof EVM zkSync, paving the way for the DeFi protocol to tap into powerful performance improvements
Bybit: https://themoon.co/Promo05 👉 $30,000 BONUS Bitflex: https://themoon.co/Bitflex 👉 $2,000 BONUS In this video, I’ll explore the Top 5 cryptos you should be investing in and holding for 2023. From the ever-popular Bitcoin to the fast-rising Ethereum, i’ll take a closer look at why these digital assets should be on your radar. Hire people via: https://www.CryptoJobs.com/
Liechtenstein Prime Minister Daniel Risch announced plans to accept Bitcoin (BTC) as payment for government services. As reported in local news, the micro-European nation continues to embrace blockchain technologies. Risch, who also serves as finance minister, is quoted as saying: “A payment option with Bitcoin is coming.” However, he did not give a timeframe. Moreover,
Our biweekly roundup for the Web3 gaming community, featuring news, reviews and the latest on new releases. Storybook Brawl shuts down servers Months after the spectacular collapse of Sam Bankman-Fried’s crypto empire, the casualties keep coming. Good Luck Games, the creators of Storybook Brawl – reportedly disgraced FTX CEO Bankman-Fried’s second-favorite game after League of
As so-called “memecoins” capture the attention of the wider crypto industry in recent weeks, a viral video has emerged detailing just how easy it is for anyone with an internet connection to create a brand new cryptocurrency from scratch. A May 6 video from digital artist Johnny Shankman — who goes by @whitelights.eth on Twitter
Ripple has spent $200 million defending the case brought against it by the United States Securities Exchange Commission (SEC), according to CEO Brad Garlinghouse. Garlinghouse said this during a fireside chat at the Dubai Fintech Summit on May 8. He stated that the U.S. is stuck compared to the progress with the crypto regulation in
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Bolivia passes a law to sell gold for dollars, the Central Bank of Argentina bans fintech companies from using crypto, and Fitch improves El Salvador’s credit rating. Bolivia Passes Law
A sudden spike in Bitcoin (BTC) transaction fees and unconfirmed transactions sparked concern on Crypto Twitter over the weekend of a potential Denial of Service (DoS) “attack” on the network. Some Bitcoin analysts and commentators have been quick to allay these fears from their respective followers. Bitcoin average transaction fees are currently $19.20, or 0.00068
The price of new memecoin Pepe (PEPE) has plunged more than 42% only days after reaching its all-time high on May 6, leaving at least one investor with hundreds of thousands in paper losses. According to blockchain analytics service Lookonchain, one crypto “whale” purchased 962.3 billion Pepe tokens using 70 Wrapped Bitcoin (WBTC) and 470