BendDAO in Trouble, Ethereum Reserves Drained
BendDAO – a lending protocol for non-fungible tokens (NFTs) – is the latest project to have been hit with an insolvency crisis. The five-month-old platform has reportedly run out of…
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Market Cap Back At $1T After Bitcoin Lost 14% Weekly (Market Watch)
The cryptocurrency market is going through a rough patch, with the last few days seeing billions wiped off its total capitalization. Bitcoin has pulled below $21K once again. All in…
Why Doesn’t Wall Street Understand Bitcoin? Goldman Sachs Veteran Explains
John Haar – a former member of Goldman Sachs’ Asset Management division – published an article detailing what he perceived were commonly held views about Bitcoin, sound money, and economics…
75% of Laundered ETH Lands on Tornado Cash: Report
Tornado Cash has become a common money laundering platform with rapidly growing incidents across Ethereum and Binance Smart Chain on a consistent uptrend. A substantial magnitude of the illicit funds…
CBDC Could Combat Market Dominance From BigTech: ECB
The European Central Bank unveiled a discussion paper this week on the pros, cons, and economics of implementing central bank digital currency (CBDC). It suggested that CBDCs could help stave…
Crypto Markets About to Close Worst Week Since June’s Crash (Market Watch)
Bitcoin’s situation took another turn for the worse in the past 24 hours as the asset slipped to $20,750. Most altcoins are in a similar position this week, making it…
NFL Team Houston Texans Now Accept Bitcoin Payments for Game Suites
The professional American football team, Houston Texans, has become the latest National Football League (NFL) team to accept Bitcoin as payment for its single-game suites. The club said it had…
Alleged Russian Crypto Money Launderer Extradited to the US
Accused crypto money launderer Denis Mihaqlovic Dubnikov has been extradited to the United States from the Netherlands to face charges in the District of Oregon. The US Department of Justice…
Bitcoin Now Accepted by Two Ukrainian Tech Giants: Report
Bitcoin and other cryptos are now being accepted as means of payment at two of Ukraine’s largest tech retailers: Techno Їzhak, and Stylus. Customers can now purchase products from each…
It’s Time to Go Shopping, Says Arthur Hayes After the Crash
Bitcoin and Ethereum slumped by double-digit percentages weekly after tapping multi-month highs last weekend. This resulted in over $150 billion gone from the entire market cap. Somewhat expectedly, the Fear…
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