TrueUSD's Bitcoin Trading Volume Nears Tether’s on Binance but Traders Hesitate to Use the Token Original
TrueUSD's Bitcoin Trading Volume Nears Tether’s on Binance but Traders Hesitate to Use the Token
Day: April 14, 2023
Individual behind $3.4B Silk Road Bitcoin theft sentenced to one year in prison
The United States Attorney’s Office for the Southern District of New York has announced the sentencing for an individual who pleaded guilty to wire fraud charges connected to “unlawfully obtained” Bitcoin from the Silk Road marketplace in 2012. In an April 14 announcement, the U.S. Justice Department said James Zhong was sentenced to one year and one day in prison for charges related to executing a scheme to steal more than 51,680 Bitcoin (BTC). Zhong pleaded guilty to the charges in November 2022 and had been awaiting sentencing. “Cyber-criminals should…
Solana’s Crypto and Web3 Smartphone ‘Saga’ Available to the General Public on May 8 – Bitcoin News
Solana’s cryptocurrency and Web3 smartphone, Saga, will be available for purchase on Monday, May 8, 2023. Crafted by OSOM, the Android smartphone is designed specifically for Web3 applications and enables users to self-custody crypto assets using its Seed Vault feature. Solana Smartphone Saga Ready for the Masses Solana Labs, Inc., the company behind the Solana blockchain ecosystem, announced that the Saga smartphone will be available for purchase on May 8, with pre-orders shipping on April 20. As stated by Solana Mobile’s Twitter account, the team aims to “modernize how people…
Bitcoin Is the ‘Boring, Old Grandpa’ Right Now Compared to Ether: Dexterity Capital Manager Partner
“Bitcoin’s going to be the boring old grandpa right now in the room,” Safai told CoinDesk TV’s “First Mover” on Friday referring to why, during these uncertain economic times, bitcoin’s rally may be due to its simple, more familiar story. Original
Bitcoin BTC Price Holds Steady Near $30.5K, Ether ETH Price Circles Around $2.1K
“Ether and bitcoin have both seen upside follow-through after confirming base breakouts in late March, which are as positive intermediate-term developments on their charts,” Will Tamplin, senior analyst at technical research firm Fairlead Strategies, told CoinDesk in an email. Source
Price analysis 4/14: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin hit a year-to-date high at $31,000 and ETH price followed. Which altcoins will be next? Bitcoin (BTC) and Ether (ETH) are trading above the psychologically important levels of $30,000 and $2,000 respectively. This suggests that the crypto winter may be on its last legs. Some analysts are calling for an altseason to begin but it may be too early for that. When most of the crypto bears turn bullish, Bitcoin is likely to turn down sharply and catch the late entrants off guard. That could hurt sentiment in the…
Global AI race ramps up, Winklevoss $100M loan to Gemini, and more
The artificial intelligence (AI) global race has taken on new players in the past days, with Twitter and Alibaba reportedly integrating the technology into their businesses. The Chinese giant is working on its own chatbot assistant, while the social media platform is apparently leveraging AI to “detect & highlight manipulation of public opinion”. It’s worth remembering that Twitter CEO Elon Musk recently spearheaded a letter calling for the halt of advanced AI development due to societal concerns. As the proverb says, “if you can’t beat your enemy, join them”. While…
BTC Hits $31,000, What Next? – Bitcoin News
At the halfway point of April, bitcoin has risen beyond the $31,000 point for the first time in ten months. This rise in bullish sentiment comes as global inflation continues to fall, with many expecting central banks to soon pivot from current policies of monetary tightening. Current Market Status April started mostly with consolidation, as traders continued to digest the last month’s banking crash, and Federal Reserve 25 basis point rate hike. However, following the non-farm payrolls report, which dropped to 236,000 in March, down from 326,000 the month prior,…
Less than 1% of staked ETH estimated to be sold after Shapella: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The past week in DeFi was filled with anticipation leading up to the Shapella upgrade on the Ethereum mainnet. The hard fork was successfully completed on April 12, allowing validators to withdraw their staked Ether (ETH) after three years. However, only 253 validators have signed up to fully exit their staked Ether position, with analytics firm Glassnode predicting that less than 1% of the…
MetaMask third-party provider was hacked, exposing email addresses
The email addresses of some MetaMask users may have been exposed to a malicious party due to a recently discovered cyber-security incident. According to parent company ConsenSys, the incident affected users who submitted a customer support ticket to MetaMask between August 1, 2021 and February 10, 2023. According to the April 14 blog post, unauthorized actors gained access to a third party’s computer system that was used to process customer service requests, potentially allowing them to view customer support tickets submitted by MetaMask users. These tickets did not ask for information…