Author: CryptoHoppers
Crypto exchange Kraken has expanded its custody services to institutional clients in the UK and Australia, marking the first international expansion following its successful U.S. launch in March. Kraken Institutional, already established in the UK and Australia, now offers its custody solution to both existing and new clients in these countries, emphasizing security and client […] Source link
Telegram-based TON unveiled new infrastructure to tap into Bitcoin’s blockchain and expand BTC’s utility. Dubbed TON Teleport BTC, The Open Network (TON) Foundation announced the feature bridges Bitcoin (BTC) and unlocks greater operability for decentralized applications built on the Telegram-focused chain. Although decentralized, most blockchains weren’t initially designed to communicate with each other. This phenomenon alienated standalone networks and created a divide with assets. Networks like Ethereum (ETH) attempted to mitigate this issue by developing what is called the Ethereum Virtual Machine (EVM). This environment allowed anyone to build ETH-compatible tools and connect with Ethereum’s mainnet. Bridges are another solution…
Key Takeaways Most Ethereum ETFs have updated S-1 forms with revised fees, preparing for a July 23 launch. Grayscale’s ETHE charges a 2.5% fee, significantly higher than competitors offering waiver fees. Share this article All spot Ethereum exchange-traded funds (ETF) got their S-1 forms amended with updated fees, except Proshares, as reported by Bloomberg ETF analyst James Seyffart. This is the last step before the Ethereum ETFs potentially start trading next Tuesday, July 23rd, as predicted by James’ fellow analyst Eric Balchunas.Image: James Seyffart/Bloomberg TerminalNotably, Balchunas and Seyffart doubled down on X after the updated S-1 forms were filed that…
The Washington State Department of Financial Institutions (DFI) has reported multiple complaints about cryptocurrency scams on Whatsapp and Telegram involving fake “professors.” These scams lure investors through social media ads and false educational institutions, promising high returns and offering dubious loans. Cryptocurrency Scams: Fake Professors Target Investors The Washington State Department of Financial Institutions (DFI) […] Source link
The UK court has set aside all judgments against Cøbra, the pseudonymous operator of Bitcoin.org. It is based on the long-running copyright dispute over the Bitcoin whitepaper. This decision marks a major shift in the legal battle initiated by Craig Wright, who claims to be Satoshi Nakamoto, the creator of Bitcoin. From Default Judgment to Fraud Allegation The court’s reversal stems from the revelation that the original claim, which led to a default judgment against Cøbra in June 2021, was “entirely fraudulent.” This development casts a shadow over Wright’s assertions of copyright ownership of the Bitcoin whitepaper. The judgments against…
Coinbase has published a report on the adoption of blockchain by Fortune 100 and Fortune 500 companies. The report essentially highlights that the majority of surveyed companies are either exploring the concept of crypto and blockchain or are in the final stages. Blockchain is considered an operational infrastructure that drives innovation and ambitions in Web3. Data collection and management have emerged as the top utilities for blockchain implementation. This is being done or is being considered because the current century-old global financial system requires updates and blockchain solutions can serve as a foundational ground. Losing pace with modern developments could…
Key Takeaways Trump has reversed his critical view of cryptocurrencies, now promoting a deregulated approach. His pro-crypto stance aligns with substantial campaign donations from industry leaders. Share this article Former US President Donald Trump, who recently survived an assassination attempt, has made a notable shift in his stance on crypto, positioning the technology as a key campaign issue for the 2024 presidential election. This change represents a significant departure from his previous skepticism towards crypto and digital assets.Trump dismissed crypto at least five years ago, stating that its value was based on “thin air” and expressing concerns about its potential…
Trevor Jones’ New Genesis BTC Collection: CryptoAngels Renowned for his innovative blend of physical and digital art, Trevor Jones continues to push the boundaries of the NFT space with his latest collection, CryptoAngels. Since his foray into Bitcoin-themed artwork in 2017, Jones has garnered a significant following, solidifying his reputation with record-breaking sales and community-driven events. The Journey of Bitcoin Angel In 2021, Jones made headlines with his Bitcoin Angel open edition, selling 4,158 editions for an astounding $3.2 million in just seven minutes. This success set the stage for his latest venture, where he combines art, community, and technology…
Bitso, a leading Latin American cryptocurrency platform, has announced its partnership with Lightspark to incorporate the Bitcoin Lightning Network into its services. This integration aims to enhance the speed and affordability of bitcoin transactions for Bitso’s users. Bitso Adds Lightning Support via Lightspark The integration of Lightspark Connect will allow Bitso‘s 8 million retail customers […] Source link
The Bitcoin price saw a notable recovery trend over the weekend that put it back above $60,000, and by the early hours of Monday, the price had recovered above $63,000. Given this recovery trend, crypto analyst Bluntz Capital, has used the Elliot Wave Theory to map out where the BTC price could be headed from here after kickstarting this recovery trend. Why Bitcoin Price Clearing $60,000 Is Important In a Sunday analysis, crypto analyst Bluntz Capital revealed where the Bitcoin price could be headed next from here. The analysis, which was made while the Bitcoin price was still under $60,000,…