Day: January 3, 2023

ViaBTC Capital Gathers Momentum and Delivers Win-win Results – Press release Bitcoin News

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press release PRESS RELEASE. As financial markets worldwide confront major challenges, the crypto market has remained sluggish in 2022. Meanwhile, along with the slowing global economic growth, the crypto market has also entered a prolonged bear period. Despite the continued sluggishness of crypto this year, the industry raised more funds in the first half of the year than it did in 2021. This indicates that the bear market also offers premium categories and projects, which allow us to prepare for the next crypto bull. 2022 in Review: Unlocking Potential in…

Erik Voorhees tips $40K BTC by June, but little consensus among pundits

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There is little agreement among Bitcoin’s commentators over the last few weeks, with crypto execs, research analysts and billionaire investors offering wildly different takes on what’s in store for Bitcoin for the year ahead.  One crypto exchange founder expects Bitcoin (BTC) to spike to $40,000 by the “summer” of 2023, while a Bitcoin billionaire has renewed his bullish $250,000 BTC price prediction for the year. Erik Voorhees — $40,000 by the “summer” Erik Voorhees, founder and CEO of cryptocurrency exchange ShapeShift, was optimistic about a potential recovery of Bitcoin’s price…

Ethereum transactions 338% higher in 2022 but Bitcoin remains most popular

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The Ethereum network eclipsed Bitcoin in terms of total transaction volume last year, though the king of crypto has managed to retain its crown when it comes to online search interest. According to data from Nasdaq and Ycharts shared on Reddit on Jan. 2, Ethereum had 338% more total transaction volume in 2022 (408.5 million) than the Bitcoin network (93.1 million). ETH vs BTC transaction volumes – Nasdaq/Ycharts via Reddit The values shown in the chart are in millions of transactions with the average daily transactions at around 1.1 million…

Public filings reveal a $3B crypto trader who still lives with his mom

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A 25-year-old crypto investor who traded nearly $2 billion (3 billion Australian dollars) worth of crypto in 2021 ran his crypto empire from the comfort of his parent’s home in Sydney, Australia, according to public records. The young gun in question, Darren Nguyen, has not spoken about the achievement of his small trading business PO Street Capital, though an article from The Australian on Jan. 2 has instead highlighted such via public filings. Registered at his parent’s house in Guildford, Sydney, Nguyen’s crypto business took home 10.41 million AUD in…

Singapore Blockchain Week 2022 – Day 2

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Singapore Blockchain Week 2022, organised by the Blockchain Association of Singapore, is Singapore’s premier Blockchain … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Morocco Central Bank Governor Says Crypto Draft Law Now ‘Ready’ – Bitcoin News

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A Moroccan draft crypto law, which seeks to protect individuals from the risks associated with crypto trading, is ready and will soon be presented to stakeholders, Abdellatif Jouahiri, the governor of Bank Al-Maghrib (BAM), has said. Adoption of crypto by Moroccan residents is now inevitable hence a regulatory framework is needed. BAM to Hold Discussions With the Capital and Insurance Market Regulators According to Abdellatif Jouahiri, the governor of the Moroccan central bank also known as Bank Al-Maghrib (BAM), the country’s draft law on crypto is now ready, and will…

No ‘respite’ for exploits, flash loans or exit scams in 2023: Cybersecurity firm

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The new year is a fresh start for malicious actors in the crypto space and 2023 won’t likely see a slowdown in scams, exploits and hacks, according to CertiK. The blockchain security company told Cointelegraph its expectations for the year ahead regarding bad actors in the space, saying: “We saw a large number of incidents last year despite the crypto bear market, so we do not anticipate a respite in exploits, flash loans or exit scams.” Regarding other ill-natured incidents the crypto community might face, the company pointed to the…

No ‘respite’ for exploits, flash loans or exit scams in 2023: Cybersecurity firm

The new year is a fresh start for malicious actors in the crypto space and 2023 won’t likely see a slowdown in scams, exploits and hacks, according to CertiK. The blockchain security company told Cryptox its expectations for the year ahead regarding bad actors in the space, saying: “We saw a large number of incidents last year despite the crypto bear market, so we do not anticipate a respite in exploits, flash loans or exit scams.” Regarding other ill-natured incidents the crypto community might face, the company pointed to the…