Cointelegraph By Martin Young
104 POSTS
0 COMMENTS
Institutional appetite continues to grow amid bear market — BitMEX CEO
Cointelegraph By Martin Young - 0
In a recent interview, BitMEX chief executive Alexander Höptner shared his thoughts about institutional investors who, in his view, still have an appetite for crypto and Ethereum.Speaking at the Token2049 conference in Singapore on Sept. 28, the crypto executive told Cointelegraph that there has not been a “single...
United States Federal Reserve chairman Jerome Powell has spoken out about the expansion of decentralized finance (DeFi) and its impact on the traditional finance ecosystem, calling for appropriate regulation.During an event titled the “Opportunities and challenges of the tokenisation of finance” hosted by the Banque de France on...
BTC mining costs reach 10-month lows as miners use more efficient rigs
Cointelegraph By Martin Young - 0
The cost of mining one Bitcoin (BTC) has fallen to ten-month lows as mining hardware becomes more efficient, and difficulty has dropped 6.7% since its May peak.On July 13, strategists from JPMorgan led by Nikolaos Panigirtzoglou told investors that Bitcoin production costs have fallen to around $13,000 from...
The native token for the embattled crypto brokerage Voyager Digital has skyrocketed in what seems to be a new effort to inflate its price seemingly inspired by the recent "CEL short squeeze." On July 13, Voyager’s VGX token surged 178% to hit an intraday high of $0.891 before...
Institutional investor sentiment about ETH improves as Merge approaches
Cointelegraph By Martin Young - 0
Ethereum prices may have dipped again today, but there are signs that professional investors are warming to the asset as the highly anticipated Merge draws closer.In its digital asset fund flows weekly report, fund manager CoinShares reported that Ethereum-based products saw inflows for the third consecutive week. There...
Class action lawsuit claims Solana’s SOL is an unregistered security
Cointelegraph By Martin Young - 0
Solana Labs is the latest crypto company to be hit with a lawsuit accusing it of promoting an unregistered security.The class action was filed on July 1 by Roche Freedman LLP and Schneider Wallace Cottrell Konecky in the district court for the northern district of California on behalf...
Bitcoin mining revenue and profitability have continued to slide along with the asset's price this year as the crypto winter deepens.May has been one of the worst months for Bitcoin miners in the past year as revenue and profitability continue to tank. Bitcoin daily mining revenue tanked as...
The Solana network is not having a good year, having suffered full or partial outages at least seven separate times over the past 12 months.A bug has knocked the Solana blockchain offline again as block production halted at 16:55 UTC on Wednesday. This latest outage lasted around four...
13 apps removed after researchers uncover Trojan crypto wallet scheme
Cointelegraph By Martin Young - 0
Research by cyber security firm ESET has uncovered a “sophisticated scheme” that disseminates Trojan apps disguised as popular cryptocurrency wallets.The malicious scheme targets mobile devices using Android or Apple (iOS) operating systems which become compromised if the user downloads a fake app.According to ESET's research, these malicious apps...
The Biden Administration has just passed an executive order furthering research into crypto assets in view of regulating them, but politicians within the ruling Democrat party remain deeply divided on digital currency.The lack of consensus among Democrats could mean that a progressive regulatory framework for cryptocurrencies could still...