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Ethereum (ETH) co-founder Vitalik Buterin just gave a substantial amount to support the legal battle of Tornado Cash developers Alexey Pertsev and Roman Storm. Data from Ethereum blockchain explorer Etherscan shows that Buterin transferred 30 ETH worth $113,678 to the “Free Alexey...
A pro-crypto US senator is calling out the Biden Administration after the president vetoed a digital asset bill that passed the House and the Senate. In a new statement on the social media platform X, Republican Senator Cynthia Lummis of Wyoming says that the Biden Administration is attempting to skirt the law by vetoing a bill last week that would have reversed Staff Accounting Bulletin (SAB)...
A former bank manager has admitted to stealing from a customer’s accounts in a scheme that lasted even after the victim’s death. The U.S. Attorney’s Office for the District of New Jersey says 43-year-old James Gomes has pleaded guilty to one count of wire fraud affecting a financial institution. The DOJ says Gomes, who worked as a branch manager for an unnamed international bank, concocted a...
A closely followed crypto analyst says that one under-the-radar indicator is hinting at a sudden Bitcoin (BTC) rally to new all-time highs. In a new video update, crypto strategist Jason Pizzino tells his 328,000 YouTube subscribers that the top crypto asset by market cap has historically made “stealth moves” to the upside when its average true range (ATR) indicator reaches a local low while...
Chainlink (LINK) co-creator Sergey Nazarov says this could be the year that sees a great merger between blockchain and the traditional global financial system. In a speech at the Consensus 2024 conference, Nazarov says the market for on-chain assets is more than $100 trillion. The Chainlink co-creator shares a chart showing that the $2.7 trillion debt market and the $106 trillion stock market...
Billionaire venture capitalist Chamath Palihapitiya says it would be a smart move for some countries to use Bitcoin (BTC) alongside their local currency. In a new installment of the All-In Podcast, Palihapitiya says he recently spoke with Wences Casares – a Silicon Valley entrepreneur who introduced him to Bitcoin in 2010 when BTC was trading at around $80. Palihapitiya says Casares explained a...
A closely followed crypto strategist says Bitcoin (BTC) just flashed a signal last seen before the dramatic rallies of the 2017 bull market cycle. Pseudonymous analyst TechDev tells his 452,600 followers on the social media platform X that the Bitcoin versus M1 money supply chart just breached the resistance of the exponential moving average Bollinger Bands on the monthly chart. According to...
Uniswap’s native asset UNI tumbled by about 9% on Friday after the decentralized exchange (DEX) announced that it had decided to punt on an important protocol upgrade. The DEX had planned on initiating an on-chain vote on Friday to implement a proposal that would have enabled a fee mechanism to reward UNI token holders who have staked and delegated their tokens. The upgrade aimed to reduce the...
New data from crypto analytics platform Santiment reveals that a layer-1 Ethereum (ETH) competitor is leading the industry in terms of development activity. In a new post on the social media platform X, Santiment says that decentralized app protocol Hedera (HBAR) is leading the crypto space in development activity over the last 30 days, overtaking smart contract platform Cardano (ADA) and layer-2...
New numbers show China has sold $101.9 billion in US Treasury securities over the past 12 months. The Treasury Department says China cut its holdings from $869.3 billion in March of last year to $767.4 billion in March of this year. China’s holdings have steadily dropped from an all-time high of $1.31 trillion, which was set in November of 2013. The news comes as China shifts away from the...