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South Korean ruling party pledges 2-year delay for crypto tax as elections loom

Cointelegraph - Mon, 02/19/2024 - 05:17
The ruling party argued it would take two years to establish a system that oversees crypto transactions, similar to the stock exchange.
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Verkle trees promise superior Ethereum solo staking benefits, says Vitalik Buterin

Cointelegraph - Mon, 02/19/2024 - 05:06
Verkle trees form part of Ethereum’s post-Merge roadmap, promising smaller proof sizes and lower hardware requirements for nodes.
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Apple yet to remove fake Rabby Wallet app as users report being drained

Cointelegraph - Sun, 02/18/2024 - 23:20
The malicious app is still on Apple’s App Store four days after it was first discovered and flagged by App Store users.
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Worldcoin soars 140% in a week as wallet app hits 1M daily users

Cointelegraph - Sun, 02/18/2024 - 21:31
The price of Worldcoin’s WLD token has surged 141% in the past seven days as the firm notched a daily active user milestone.
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Curb your enthusiasm — crypto prices aren't going to move as quickly as you think

Cointelegraph - Sun, 02/18/2024 - 19:25
A $100,000 target for Bitcoin isn't off the table for 2024 — but it could be a slow and steady rise rather than the quick one you might be anticipating.
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BTC price dices with $52K as CME Bitcoin futures OI hits record $6.8B

Cointelegraph - Sun, 02/18/2024 - 09:18
Bitcoin open interest suggests the potential for fresh volatility as BTC price support levels become clear for the weekly candle close.
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Ether staking tops $85B, US banks fighting for BTC custody slice, and more: Hodler’s Digest, Feb. 11-17

Cointelegraph - Sat, 02/17/2024 - 17:42
Ether staking reaches $85 billion, U.S. banks push SEC to update crypto definition, and Changpeng Zhao’s sentencing is delayed.
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Bitcoin ETFs post $2.2B net inflows in a week

Cointelegraph - Sat, 02/17/2024 - 17:17
BlackRock’s Bitcoin ETF received most of the week’s inflows, amassing $1.6 billion in capital from Feb. 12–16.
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FTX creditors sue bankruptcy law firm S&C alleging fraud involvement

Cointelegraph - Sat, 02/17/2024 - 13:01
FTX creditors are seeking damages against the law firm Sullivan & Cromwell for its prior involvement with the crypto exchange.
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Bitcoin mining difficulty surpasses 80 trillion ahead of halving

Cointelegraph - Sat, 02/17/2024 - 04:34
At its automated readjustment on Feb. 15, Bitcoin mining difficulty was due to increase by an estimated 6%.
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Crypto could learn about whistleblowers from the SEC

Cointelegraph - Fri, 02/16/2024 - 19:59
Cryptocurrency needs a whistleblower program to diminish the likelihood of FTX-style manipulation or fraud during the bull market ahead.
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Honduras regulator bans banks from holding, transacting with crypto

Cointelegraph - Fri, 02/16/2024 - 18:57
The National Banking and Securities Commission of Honduras imposed the ban because of the country’s lack of regulation.
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Coinbase donates $3.6M to Bitcoin developers through Brink

Cointelegraph - Fri, 02/16/2024 - 17:55
The donation went through Coinbase’s GiveCrypto initiative, which the exchange announced in December it planned to wind down.
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Ethereum traders target $3K, but historical data raises a few red flags for ETH price

Cointelegraph - Fri, 02/16/2024 - 16:55
ETH bulls call for $3,000 as the next stop for Ether, but the altcoin corrected by 46% the last time it traded above this level.
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Bitcoin price holds $52K even as Fed rate cut odds drop

Cointelegraph - Fri, 02/16/2024 - 11:18
Bitcoin bulls get no help from the latest U.S. macro data as $52,000 forms sturdy BTC price resistance.
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XCAD founder defends YouTuber KSI against pump and dump allegations

Cointelegraph - Fri, 02/16/2024 - 07:01
Crypto investigator Coffeezilla argued that saying one thing and trading against it is still a pump-and-dump and unethical.
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Big banks are nudging the SEC for a slice of sweet Bitcoin ETF action

Cointelegraph - Fri, 02/16/2024 - 00:11
The banking associations argued that U.S. banks were “notably absent” as asset custodians for Bitcoin ETFs despite them playing that role for other ETPs.
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Coin Metrics research shows BTC and ETH are immune to 51% attacks

Cointelegraph - Thu, 02/15/2024 - 22:25
New research from Coin Metrics found that 51% and 34% attacks on Bitcoin and Ethereum are no longer possible from nation-state attackers if their goal was to destroy the blockchains.
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Hong Kong crypto stocks surge, OKX to invest in L1s: Asia Express

Cointelegraph - Thu, 02/15/2024 - 19:09
Hong Kong crypto stocks surge even as local markets tank, OKX to invest in L1s, Philippines central bank hates retail CBDCs. Asia Express
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Coinbase shares surge 12.7% after fourth-quarter earnings beat

Cointelegraph - Thu, 02/15/2024 - 18:46
Coinbase’s net income of $273 million marks the firm’s first profitable quarter since Q4 2021.
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