BTC energy use jumps 41% in 12 months, increasing regulatory risks
Despite the European Union rejecting a proposal banning crypto mining earlier this year, more regulations could soon be implemented to...
Month: October 2022
Jack Dorsey unveils decentralized social with algo choice and portable accounts
The long-awaited “Bluesky Social” app is now accepting users for private beta and says it will “launch soon” Twitter co-founder...
Bank of America and JPMorgan Say US Economy Is Doing Well, Consumers Are in Good Shape Despite Inflation
Bank of America CEO Brian Moynihan and JPMorgan & Chase CEO Jamie Dimon both agree that the U.S. economy is...
Biden Says US Economy Is ‘Strong as Hell’ — White House Claims the President ‘Has Done the Work’ to Fix Inflation
U.S. President Joe Biden has been criticized for stating that the U.S. economy is “strong as hell” as inflation rises...
France’s 3rd Largest Bank Societe Generale’s Subsidiary Obtains Registration as Digital Asset Service Provider
Societe Generale-Forge, a subsidiary of France’s third-largest bank, has obtained registration with the Autorité des marchés financiers (AMF), the French...
Report: Bankrupt Crypto Hedge Fund Three Arrows Capital Probed by SEC, CFTC for Possible Legal Violations
Reports indicate that the bankrupt crypto hedge fund Three Arrows Capital (3AC) is facing more trouble from liquidators and financial...
DAOs need checks and balances to have better governance
Decentralized autonomous organizations would benefit from greater checks and balances that prevent influential minorities from seizing control. Over the past...
Silvergate Capital’s crypto-to-fiat transfers decrease by $50B compared with Q3 2021
Shares tumbled over 20% on the NASDAQ exchange on the weaker-than-expected earnings. On Oct. 18, Silvergate Capital, a crypto-fiat gateway...
$740M in Bitcoin exits exchanges, the biggest outflow since June’s BTC price crash
Bitcoin price technicals, however, remain bearish with the BTC price eyeing a run-down toward $14,000 in Q4. The amount of...
NFT project Azuki launches Physical Backed Token
The company said that the open-source token standard intends to tie a physical item to a digital token on the...
Ethereum launches testnet for Shanghai upgrade: Here’s what is next
Staked ETH withdrawals and lower gas fees are among the developments expected with the upgrade. Staked ETH withdrawal and lower...
Here’s why Bitcoin price could tap $21K before Friday’s $510M BTC options expiry
Bears are currently better positioned for this week’s $510 million BTC options expiry, but their overconfidence could give bulls a...
Voyager Digital won’t sue its executives for incompetence, will claim insurance on them
CEO Stephen Ehrlich and financial head Evan Psaropolous will keep their jobs even though they okayed a huge loan to...
Bitcoin Price Prediction for Today, October 18: BTC/USD Resumes Bearish; Price Faces $19k Support
The Bitcoin price prediction shows that BTC keeps trading below the 9-day moving average as the coin touches $19,091 support....
Indian Commerce Giant Flipkart Will Allow Customers to Purchase Items in the Metaverse
Flipkart, the Walmart-backed Indian e-commerce giant, has launched a pilot to allow its customers to experience making purchases in a...
