Blockchain

According to a recent report by Hash Rate Index, publicly-listed Bitcoin (BTC) miners took on more than $4 billion worth of debt during the run-up to the crypto bull market. Mesmerized by rising prices, industry rushed hand over fist to purchase Bitcoin application-specific integrated circuits miners on easy credit.  However, in today’s context of Bitcoin

On Dec. 29, 2022, days before the year’s end, Italy’s Senate approved its budget for 2023, which included an increase in taxation for crypto investors — a 26% tax on capital gains on crypto-asset trading over 2,000 euros (approximately $2,13 at time of publication). The approved legislation defines crypto assets as “a digital representation of value

Jared Grey, CEO of the decentralized exchange Sushiswap, has plans to redesign the tokenomics of the SUSHI token, according to a proposal introduced on Dec. 30 in the Sushi’s forum. As part of the new proposed tokenomics model, time-lock tiers will be introduced for emission-based rewards, as well as a token burning mechanism and a

Bitcoin (BTC) kept traders guessing to the last minute into the 2022 yearly close as volatility remained absent from the market. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView BTC price: Where’s the volatility? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD clinging to a familiar area around $16,500. The pair continued to disappoint players

Bitcoin (BTC) gains helped Noodle, a London-based Bitcoiner, to afford in vitro fertilization (IVF) treatments for his family. Noodle’s story (not his real name) comes to life in a Cointelegraph crypto story. In vitro fertilization (IVF) treatments can be expensive, with success rates ranging from 4% to 38%, depending on various factors. Fortunately, profits from

Recognized as one of the most turbulent years for the cryptocurrency and blockchain industry, 2022 has still been vigorous for the metaverse. With over $120 billion invested in the first half of the year alone — according to a McKinsey report — the industry is anything but broken. Some of the most significant partnerships to

Bitcoin (BTC) circled $16,750 after the Dec. 28 Wall Street open after stocks dragged markets lower. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin analysts stick to downside fears Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it recovered from local lows of $16,559 on Bitstamp. After days of barely any movement up

According to a letter posted on Chinese blockchain news publisher Odaily.com on Dec. 27, Kevin Como, the anonymous CEO of BitKeep, warned that users’ private keys are still at risk after a security incident on Dec. 26 led to over $13 million in losses at the time of publication. BitKeep is one of the more

Bitcoin (BTC) accumulation is nearing a new milestone this Christmas as redistribution of the BTC supply continues. Data from on-chain analytics firm Glassnode shows that the total BTC balance of so-called “accumulation addresses” is nearing all-time highs. “HODL-only” BTC addresses climb closer to 1 million mark Behind the scenes in the 2022 Bitcoin bear market,

2022 will surely be remembered as a year of crypto discontent — one when the price of Bitcoin crashed three times, many large companies went bankrupt and the industry experienced a series of significant lay-offs. However, it was a crucial year for crypto regulation worldwide. Although some regulatory developments are worrisome in terms of their

Bitcoin (BTC) entered the Christmas holiday period unchanged at $16,800 as an eerie lack of volatility persevered.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hopeful price target sees Bitcoin at $17,400  Data from Cointelegraph Markets Pro and TradingView confirmed another day of an almost imperceptible range for BTC/USD just below $17,000. The pair had struggled

Nonfungible token (NFT) marketplace OpenSea has been banning artists and collectors from Cuba, citing United States sanctions as the key reason behind its action. According to a report published by Artnet, 30 artists and collectors have been banned from the popular NFT marketplace until now. The most noted artist to face the axe includes well-known Havana-based

Are crypto traders playing “god?” The world of cryptocurrency trading can be highly uncertain, yet many are actively looking for opportunities and have built fortunes around the crypto market. To be really good in crypto, you need to be able to identify promising projects in their infancy and time your exit from the market before

Financial regulators in France continue flagging illicit players on the foreign exchange (forex) and cryptocurrency markets, blacklisting a fresh batch of related websites. The French stock markets regulator, the Autorité des Marchés Financiers (AMF), and the Prudential Supervision and Resolution Authority (ACPR), on Dec. 21, updated a blacklist of websites identified as unauthorized investments in forex

The crypto bear market has also been called a builder’s market by many leading figures and companies in the industry. New data from Nasdaq reveals that investors had this mindset as they continued to sink money into Web3, particularly metaverse-related projects. According to the data over the last year 216 metaverse funding deals were completed,

With the many possibilities opened by ChatGPT, executives within the Web3 space predicted how the artificial intelligence (AI) tool developed by OpenAI would make its impact on the industry.  From using the bot for smart contract auditing to enhancing user interactions with AI, various executives gave their thoughts on how the new AI tool will

Crypto exchange OKX witnessed service disruptions after primary infrastructure provider Alibaba Cloud announced a hardware failure in Alibaba Cloud’s Hong Kong data center. Alibaba Cloud Hong Kong IDC Zone C server went offline on Saturday at roughly 10 PM ET and failed to recover for over 7 hours at the time of reporting. On-chain data

The Digital Currency Group and its affiliates (DCG), which manages $296.7 million (280 million euros) in deposits and digital assets of crypto exchange Bitvavo for off-chain staking services, suspended repayments citing liquidity problems amid the bear market. However, Bitvavo announced to prefund the locked assets, preventing DCG-induced service disruption for users. With users proactively exploring