Month: April 2024

Samourai Wallet Founders Arrested and Charged With Money Laundering

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Analyst Singles Out VeChain And XRP For Parabolic Surge, Here Are The Targets

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Crypto analyst Egrag Crypto has singled out VeChain (VET) and XRP as two crypto tokens that could soon witness significant price surges. The analyst also outlined price targets crypto investors can expect these tokens to attain. VeChain Could Rise To As High As $2.5 From the chart Egrag shared in his X (formerly Twitter) post, one could see that he was hinting that VeChain hit $2.5 at its market peak. He also elaborated on how the crypto token will rise to that level by breaking its price action into three…

Nigerian Central Bank Disavows Letter Directing Banks to Sever Ties With Crypto Exchanges

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The Central Bank of Nigeria (CBN) has disavowed a letter that allegedly instructed financial institutions to sever ties with four global cryptocurrency exchanges. The central bank stated that the letter did not originate from its office and recommended that individuals interested in “authentic updates” refer to its official website. Fake Content The Central Bank of […] Source

New Security-Focused Ethereum Altcoin Goes Live on Coinbase and Other Crypto Exchanges

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Top US-based crypto exchange Coinbase is listing a new security-focused Ethereum (ETH) altcoin, along with other major platforms. Coinbase announced via the social media platform X that the crypto project Safe (SAFE) landed a listing on the platform as an “experimental asset.” “Safe is now live on Coinbase.com and in the Coinbase iOS and Android apps with the ‘experimental’ label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” The platform uses the experimental asset label for tokens that pose certain risks such as…

Analyzing Runes Impact as Bitcoin Fee Bonanza Fades

RUNING THE PARTY? Bitcoin’s once-every-four-years “halving” was supposed to bring a steep cut in revenue for crypto miners, since their rewards for new data blocks would drop by 50%. Instead, the simultaneous launch of Casey Rodarmor’s new Runes protocol – for minting digital tokens on top of the oldest and largest blockchain – proved so popular that it caused massive network congestion, sending transaction fees to record levels and showering Bitcoin miners with a windfall like never before. On a halving watch party hosted by Tone Vays, longtime Bitcoin experts…

KPMG Survey Finds 75% of Canada’s Institutions Owned Crypto Assets in 2023

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Newbie Bitcoin Whales Hold 2x As Much As Veterans: What’s Behind This Trend?

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On-chain data shows the new whale entrants in the Bitcoin market now hold almost twice as much as the veterans. Here’s what could be behind this shift. Bitcoin Newbie Whale Holdings Have Been Rapidly Growing Recently In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed about how the holdings of the new whales compares against the old ones in the market right now. The on-chain indicator of interest here is the “Realized Cap,” which, in short, keeps track of the total amount of capital…

Your Crypto Project Needs a Sheriff, Not a Bounty Hunter

There’s a reason, after all, that bounty hunters in movies are so often morally ambiguous “gray hats” – think of Boba Fett, Clint Eastwood’s “Man With No Name,” or Dr. King Schulz from “Django Unchained.” They’re mercenaries, there for a one-off payout, and notoriously indifferent to the bigger picture of the problem they’re solving. At the very far end of the spectrum, you can get an Avi Eisenberg, eager to adopt the cover of a “bug bounty” when they themselves are the actual villains. Source

Director’s update: the FOI year in review

Warren Seddon is ICO Director of Freedom of Information and Transparency responsible for the ICO’s freedom of information (FOI) policy and guidance. Warren also oversees the handling of people’s complaints to the ICO over public authorities’ responses to requests for information under the FOI Act and Environmental Information Regulations (EIR).   It’s fair to say that it’s been a heck of a year for the FOI team. We’ve received more than 8,000 complaints – against a previous high of 6,418 in 2018/19. Of around 7,700 cases we’ve closed in this…

Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; ‘Potential Fee War’ Unfolding, Says Analyst

The approval comes after U.S. regulators three months ago greenlit the first spot-based bitcoin ETFs in that country, a major breakthrough for the crypto industry that expanded the investor base for the largest and oldest crypto asset and dominated the digital asset market narrative for months. Led by global asset management giant BlackRock’s offering, the funds have since amassed over $12 billion in net inflows,, helping propel BTC one month ago to a fresh all-time high price over $73,000. Source