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The institutional adoption of cryptocurrencies has been gaining momentum over the past couple of years due to venture capitalists and money managers looking to the crypto market as the next investment class that will offer the greatest return. The Boba Network (BOBA) is the most recent protocol to benefit from institutional interest and the long search for an Ethereum (ETH) layer-two scaling solution capable of low-cost transactions and fast processing times. Data from Cointelegraph Markets Pro and TradingView shows that BOBA has gained 50.71% over the past week and a…
Law enforcement agencies in Germany have targeted Hydra, a leading darknet market (DNM). As part of an operation conducted with U.S. support, the German police were able to establish control over the servers of the Russian-language platform in the country and take down its website. Investigators Hit Hydra in Germany, Confiscate Millions in Crypto Hydra Market, one of the largest marketplaces on the darknet, has been shut down by German authorities which seized its server infrastructure. According to an announcement by the Federal Criminal Police Office (BKA), law enforcement agents…
On Tuesday, enterprise software development firm MicroStrategy announced via a filing with the U.S. Securities and Exchange Commission (SEC) that its subsidiary MacroStrategy acquired 4,197 Bitcoin ($190.5 million) between February 15 and April 4. MacroStrategy has purchased an additional 4,167 bitcoins for ~$190.5 million at an average price of ~$45,714 per #bitcoin. As of 4/4/22 MicroStrategy #hodls ~129,218 bitcoins acquired for ~$3.97 billion at an average price of ~$30,700 per bitcoin. $MSTRhttps://t.co/Z45OuJU5KI — Michael Saylor⚡️ (@saylor) April 5, 2022 The coins were bought at a weighted average price of $45,714,…
“It doesn’t involve any account, which means that you can use it peer-to-peer directly. You can use it offline and because there’s no third party, there’s no loss of privacy expectation that comes with the third party doctrine,” Rohan Grey, who advised on the bill, told me. Source
CryptoX – Cryptocurrency Analysis and News Portal When you look under the hood, bridges like Ronin’s typically work by locking up cryptocurrency in smart contracts on one chain, and then re-issuing those tokens in “wrapped” form on a destination chain. So for example, if you were to use the Ronin Bridge to move ether (ETH) from Ethereum to Ronin, ETH would get locked up on Ethereum to serve as 1:1 backing for wrapped ether (WETH) issued on Ronin. Original Source The post Ronin Attack Shows Cross-Chain Crypto Is a ‘Bridge’…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CNBC’s Eamon Javers joins ‘Squawk Box’ to report how the lure of cryptocurrency riches can turn into a crypto nightmare. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan…
The bill proposes a sales tax exemption for miners that would apply to their utility bills. If passed, Oklahoma would tax crypto mining operations “in a manner similar to historical forms of manufacturing or industrial processing,” two industries that formerly served as the bedrock of the state’s economy. Indeed, Montgomery’s bill is an explicit call to “encourage” a local crypto industry to saddle up in Oklahoma “rather than [in] competing states,” such as neighboring Texas. Original
According to a recent study analyzing Google Trends data, the cryptocurrency dogecoin’s search volume in the United States was highest in the most states as compared to other cryptos. The research also details that the leading crypto asset in terms of market capitalization, bitcoin, was the second most popular crypto asset, with ten different states. Dogecoin Scores 23 States, While Bitcoin Commands 10 A recent study authored by Coin Insider combed through Google Trends data to find out which crypto asset was searched for by the most states. The research…
Georgia, the country on the Black Sea, is preparing to regulate its cryptocurrency market. National Bank of Georgia Governor Koba Gvenetadze told The Financial on Monday that the central bank has already developed draft regulatory legislation in accordance with the requirements of international agencies. Gvenetadze said the size of the Georgian crypto market is unknown, due to the lack of regulation. However an estimate by Moneyval, the Council of Europe money laundering monitoring body, placed its monthly transaction volume at between 3.5 million and 5 million Georgian lari, or $1.09…