Tag: Crypto

news-25102024-043413

Exploitation of US Government-Linked Address for Over $20 Million in Cryptocurrency

A hacker has potentially stolen more than $20 million in cryptocurrency from a US government-controlled wallet connected to the infamous 2016 Bitfinex hack. The suspicious transfers, which took place on Oct. 24, have raised...
news-24102024-223034

Ripple CEO Positive About Crypto Future After Election Regardless of Outcome

Brad Garlinghouse, the CEO of Ripple Labs, is feeling positive about the future of cryptocurrency in the United States post-election, regardless of which political party emerges victorious. He expressed his optimism during DC Fintech...
news-23102024-040840

Defending Crypto Enforcement Approach: SEC Chair Gensler’s Response

SEC Chair Gary Gensler recently defended the agency's enforcement approach to crypto during an interview, addressing criticism of the SEC's regulatory methods. Despite concerns that the SEC's reliance on enforcement may hinder innovation and...
news-22102024-040139

Is Bitcoin’s Rally Failing as Price Dips Below $67K?

Bitcoin faced a setback as its price dipped below $67,000 after failing to break the $70,000 level during early Monday trading hours in Asia. The price of bitcoin dropped by 2.3% over the past...
news-20102024-153542

Adapting Data Centers for the Future of Crypto

The rise of Bitcoin and the subsequent growth of the crypto industry have had far-reaching implications, including the evolution of data center infrastructure to support blockchain networks. As the sector continues to expand, the...
news-19102024-034510

Fed Rate Cut Continues to Support Crypto Market Growth

Last week's inflation report had little impact on the Federal Reserve's decision to continue cutting rates. Recently, the yield on 10-year U.S. Treasury bonds has increased from 3.6% to 4.1%, driven by quant-driven fund...
news-17102024-212346

Understanding Bitcoin’s Price Volatility for Financial Advisors

In today's issue, we will discuss the recent fluctuations in the price of Bitcoin and how financial advisors can assist their clients in navigating this volatile market. Andy Baehr from CoinDesk Indices will provide...
news-17102024-090800

Analyzing Trump’s Cryptocurrency Efforts: Praise, Concerns, and Red Flags

Former President Donald Trump has shown strong support for the cryptocurrency industry, which has caught the attention of many voters as the 2024 presidential election approaches. Trump's promises to make the U.S. the "crypto...
news-17102024-090558

How Crypto Can Address Key Challenges in AI – a16z

The intersection of crypto and AI presents solutions to key challenges faced by the artificial intelligence sector, according to a report by a16z. As the cost of developing advanced AI models rises, leading to...
news-17102024-030537

Crypto Protocol Rejects Trump Token Sale, Embraces ‘Gold Paper’ Concept

Crypto traders and industry executives have shown favor towards Donald Trump's policies on Bitcoin and digital assets. However, the decentralized-finance project he is promoting, World Liberty Financial, has not been well-received. The WLFI tokens...