Battle lines are being drawn over crypto in Congress but industry executives remain optimistic. Cryptocurrencies will be a hot topic as the United States Congress resumes and the battle lines are drawn between lawmakers for and against the fledgling financial industry. But the Blockchain Association reports that more than 100 crypto industry advocates are fighting […]
Bitcoin Price 2023: Bullish Or Bearish, What’s in Store For BTC Price?
The post Bitcoin Price 2023: Bullish Or Bearish, What’s in Store For BTC Price? appeared first on Coinpedia Fintech News After breaking above a strong support level, the Bitcoin price now seems to be showing significant signs of bullish trend weariness. This move is likely laying the groundwork for a resurgence for BTC bulls following […]
Bitcoin and Altcoin Price To Drop Heavily With Major Capitulation in 2023!
The post Bitcoin and Altcoin Price To Drop Heavily With Major Capitulation in 2023! appeared first on Coinpedia Fintech News Toni Ghinea, an independent cryptocurrency analyst, has revealed on Twitter their forecast for the price of bitcoin in the year 2023. According to Ghinea, this year will be the year when the cryptocurrency market has […]
‘WTH did I just witness?’ Magic Eden turns porno after hosting service hacked
The NFT marketplace said the issue was caused by its third-party image hosting provider and assured users their NFTs were safe. Nonfungible token (NFT) marketplace Magic Eden had to assure users their NFTs “are safe” after a spate of pornographic images littered its platform on Jan. 3. In a Jan. 3 Twitter post the Solana-based […]
Executive Linked to Crypto Exchange Bithumb Found Dead Outside His Home: Report
An executive of the largest shareholder of cryptocurrency exchange Bithumb was found dead outside his home. He allegedly committed suicide by jumping off a building while under investigation by Korean prosecutors for embezzlement and stock market manipulation. Executive Found Dead Amid Investigation of Embezzlement and Stock Price Manipulation An executive linked to South Korea’s largest […]
US Feds put together ‘FTX task force’ to trace stolen user funds
United States Attorney Damian Williams said the office is working “around the clock” to respond to the implosion of FTX. The United States Attorney’s Office for the Southern District of New York (SDNY) has formed an FTX Task Force to “trace and recover” missing customer funds, as well as handle investigations and prosecutions related to […]
Core Scientific shuts down 37K mining rigs it was hosting for Celsius
Core Scientific estimated that canceling the agreement with Celsius will provide $2 million in revenue per month as long as Bitcoin stays around $16,700. Bankrupt cryptocurrency lender Celsius Network agreed to let Bitcoin (BTC) miner Core Scientific shut off more than 37,000 mining rigs it had been hosting for Celsius during the miner’s bankruptcy proceedings. […]
Indian Government Launching Crypto Awareness Campaign
The government of India is launching a crypto awareness campaign that will educate investors about the legality of cryptocurrencies in the country while highlighting the risks of investing in crypto assets. Indian Government’s Cryptocurrency Awareness Campaign The Indian government is reportedly launching a first-of-its-kind crypto awareness campaign. It will be conducted by the Investor Protection […]
Exploring alternative mining options through IoT incentivized networks – Gathering of the Gigahash #2
In this episode of The Gathering of the Gigahash, Dave, Akiba, and Joe from NetworkBits Crypto discuss the state of mining within IoT (Internet of Things) and location services. Joe, who is passionate about the subject, explains how location services work using RF (radio frequency) broadcasts and triangulation by TDOA (time differentiation of arrival). He […]
US Federal Reserve, FDIC warn banks against crypto risks
The US Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) warned banks about the risks involved with crypto in a joint statement on Jan. 3. The statement noted that the past year saw high volatility in crypto prices and exposed vulnerabilities in the sector. Therefore, the […]