Blockchain

Mário Centeno, the Governor of Banco de Portugal, has joined the growing number of regulators advocating for a global framework to regulate cryptocurrencies effectively. In his opening speech at the 2023 Banco de Portugal Financial Stability Conference on October 2, Centeno emphasized the need for i ...

LayerZero Partners with Conflux for Asia Expansion through Blockchain-Based SIM Card LayerZero, an interoperability protocol that recently secured a partnership with Google Cloud, is setting its sights on expanding into the Asian market, particularly China. The company has announced a coll ...

Celsius, the bankrupt crypto lending firm, has revealed its plan to secure $450 million in seed funding for its proposed relaunch. This funding is expected to come from Fahrenheit LLC, a group of companies highly involved in Celsius' bankruptcy case. Fahrenheit had previously won the bidding process ...

GSR, one of the pioneering market makers in the cryptocurrency industry, has received preliminary approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution license. This significant development will allow GSR to further establish its presence in the Singaporean market a ...

A South Korean court has sentenced a 70-year-old man to prison for his involvement in a Bitcoin (BTC) fraud scheme. The man, identified only by the initial A, received a one-year jail term for his role in a telecommunications-related financial fraud. According to Kyeonggi Ilbo, the man was recrui ...

Nicholas Merten, a popular crypto analyst and host of DataDash, has warned of a potential Bitcoin (BTC) crash, suggesting that the cryptocurrency could plummet by nearly 63% to around $10,000. He attributes this potential crash to several factors, including declining market liquidity due to the Fede ...

On September 29, Bitcoin (BTC) experienced price fluctuations, bouncing around the $27,000 level as it attempted to challenge the month's highest levels. Despite a short squeeze pushing it above $27,000, Bitcoin bulls failed to establish a new monthly peak. Bitcoin reached a high of $27,300 on Bi ...

CoinDesk has won a Gerald Loeb Award, a prestigious accolade in financial and business journalism, for its coverage of the collapse of Sam Bankman-Fried's cryptocurrency empire. The award, presented in the breaking news category, recognizes CoinDesk's reporting on the vulnerabilities within Alameda ...

The former CEO of FTX, Sam Bankman-Fried, is scheduled to appear in court for a criminal trial lasting approximately 21 days. The trial is set to commence on October 4 and conclude on November 9, according to a recently released trial calendar. The calendar includes jury selection beginning on Octob ...

Bitcoin miners are facing heightened competition due to record-high hash rates, making miner profitability increasingly challenging. While ordinal inscriptions help miners earn extra revenue by filling empty block space, profitability remains modest compared to historical levels. The upcoming Bit ...