Author: Chris Smith
Court Approves Bittrex’s Liquidation in USA
Reading Time: < 1 minuteA revised plan for bankruptcy and winding down operations in the United States has been approved by the court for cryptocurrency exchange Bittrex.
Hester Peirce is Against SEC Actions in LBRY Case
Reading Time: < 1 minuteCommissioner Hester Peirce of the SEC has expressed her belief that the agency could have better utilized their time and resources by focusing on developing a workable regulatory framework, rather than devoting them to the LBRY case.
UN Says There is a Correlation Between Bitcoin Price and Network Energy Consumption
Reading Time: < 1 minuteUN scientists concluded that the increase in their energy consumption to 173.42 TWh in 2020-2021 happened at the same time as Bitcoin reached its all-time high of $69,000.
Ethereum Puts Off Dencun Hard Fork to 2024
Reading Time: < 1 minuteAccording to a report by Blockworks, Ethereum client developers have confirmed that the anticipated Dencun update will not be activated on the main network until the end of 2023.
Animoca Brands Purchases Azarus
Reading Time: < 1 minuteAnimoca Brands, a Hong Kong-based company in the blockchain gaming industry, has acquired the Web3 streaming platform Azarus, according to a report from VentureBeat.
Elliptic: The Share of Cryptos in Terrorism Financing is Small
Reading Time: < 1 minuteBlockchain experts, including Elliptic and Chainalysis, believe the use of virtual currencies by extremist groups is often overstated.
SEC Imposes $2.5M Fine on BlackRock
Reading Time: < 1 minuteThe SEC has charged BlackRock with knowingly providing false information about their investments in the entertainment industry.
Mexican Billionaire: BTC is a Reliable Hedge Against Inflation
Reading Time: < 1 minuteAccording to a recent interview with Bitcoin Magazine, Mexican billionaire Ricardo Salinas Pliego, founder of the Grupo Salinas group of companies, discussed his views on BTC.
Nym Technologies Unveils $300M Fund with a16z Support
Reading Time: < 1 minuteThe CEO of Nym Technologies, Harry Halpin, has announced the launch of an Innovation Fund program with the goal of supporting developers of privacy-focused solutions for the decentralized web.
Report: US Residents Conducted $1T in Crypto Transactions in a Year
Reading Time: < 1 minuteBetween July 2022 and June 2023, US residents conducted over $1 trillion in cryptocurrency transactions, making it the highest in the world.
Berkshire Vice President: Investing in Bitcoin is Pointless
Reading Time: < 1 minuteAs per Berkshire’s Vice President Charlie Munger, there is absolutely no reason to buy into the hype surrounding Bitcoin.
Former ConsenSys Employees File Lawsuit Against Joseph Lubin
Reading Time: < 1 minuteA lawsuit has been filed by more than 20 ex-employees of ConsenSys against founder Joseph Lubin, alleging that he failed to fulfill a stock agreement for the infrastructure company.
LBRY Shuts Down
Reading Time: < 1 minuteLBRY, the developer of the decentralized media platform Odysee, has announced that it will be shutting down, citing debts amounting to several million dollars.
Kyrgyzstan is Becoming a Blockchain Hub in Asian Region
Reading Time: < 1 minuteThe Kyrgyz government is opposed to recognizing Bitcoin as a legitimate form of payment, but is taking steps to encourage the growth of blockchain technology.
Developers Are Leaving the Bitcoin Industry: Report
Reading Time: < 1 minuteAs of October 1, 2023, there were 19,300 developers working on open source crypto projects, a decrease of 27% in 12 months according to a report by Electric Capital.
US Congress Urges Government to Deny Hamas Access to Crypto
Reading Time: < 1 minuteUS Congress members have urged the US government to prevent the Hamas group from accessing its cryptocurrency wallets.
Sazmining Unveils Green Bitcoin Farm in Paraguay
Reading Time: < 1 minuteAmerican mining company Sazmining has set up a Bitcoin mining facility in Paraguay that is solely powered by renewable energy.
BitGo Buys Asset Manager Software Developer HeightZero
Reading Time: < 1 minuteCrypto custodian BitGo has recently acquired HeightZero, a company that provides software for asset managers.
Study: Centralized Crypto Exchanges Enjoy Great Popularity in Latin America
Reading Time: < 1 minuteA recent study by Chainalysis found that centralized exchanges (CEX) are the preferred option for Latin American cryptocurrency investors.
Trust Wallet Undergoes Rebranding
Reading Time: < 1 minuteTrust Wallet, a non-custodial cryptocurrency wallet, has undergone a rebranding campaign that includes a new logo and app design.
EU Authorities Believe DeFi Market Is Not a Threat for Financial Stability
Reading Time: < 1 minuteAccording to a report published by the European Securities and Markets Authority (ESMA) last week, there is no perceived risk to the EU financial stability from the DeFi (decentralized finance) market.
Bitcoin Could Fall to $17,000: Opinion
Reading Time: < 1 minuteAccording to DataDash CEO Nicholas Merten, Bitcoin could experience a sharp decline if the US economy enters a recession.
France’s Central Bank Deputy Governor: CBDCs Will Become Alternative to Stablecoins
Reading Time: < 1 minuteAccording to Denis Beau, the deputy head of the Bank of France, national digital currencies (CBDC) are seen as a strong alternative to stablecoins.
Charles Munger: Most Cryptos Will Collapse
Reading Time: < 1 minuteBerkshire Hathaway’s Vice President, Charles Munger, has recently joined a long list of elderly billionaires criticizing Bitcoin.
50% of Bitcoins Have Not Moved for More than 5 Years
Reading Time: < 1 minuteAccording to Glassnode, approximately 10.4 million Bitcoins have remained stagnant for over five years.

























