Category: Updates
Bitcoin Volatility Picks Up as Powell Reiterates Inflationary Pressure Higher Expected
Fed Chair Jerome Powell is speaking before Congress for the second day. As expected, his testimony caused an uptick in market volatility.
North Macedonia Says Bomb Threats Come From Russia, Crypto Used to Hide Origin
The government of North Macedonia believes that an ongoing wave of false bomb threats against public targets in the country is coming from Russia and Iran. The authorities in Skopje also say that payments related to the attacks have been made with cryptocurrency to conceal traces. Over 700 Facilities Targeted With Bomb Threats in North […]
Crypto Twitter’s Mixed Reactions to a New Rollup Solution for Bitcoin
Did you think Bitcoin NFTs were enough? Rollkit makes it possible to run the EVM on Bitcoin as a rollup, thanks to Taproot.
Fed Chair Powell on Crypto: We See Turmoil, Fraud, Lack of Transparency, Run Risk
Federal Reserve Chairman Jerome Powell has outlined several risks related to crypto activities during a hearing before the Senate Committee on Banking, Housing, and Urban Affairs. While stating that the Fed sees turmoil, fraud, a lack of transparency, and run risk in the crypto space, he stressed: “We don’t want regulation to stifle innovation.” Fed […]3AC Founders’ Open Exchange Completes Its $25 Million Fundraise
3AC’s founders provide more details on how their exchange for crypto bankruptcy claims will work.
Polkadot’s Astar Network Partners Tokyo’s Shibuya to Support Web3 Strategy
Astar will host Web3-focused events like hackathons and educational programs to support Shibuya’s Web3 initiative
Report: Perth Mint Faces $9 Billion Recall From China Over ‘Doped’ Gold Scandal
Perth Mint, Australia’s official bullion mint, currently faces a $9 billion recall from China for allegedly selling “doped” bullion and attempting to cover it up, as reported by Australia’s ABC News. The practice of doping gold involves adding impure ore like silver to the mix to cut costs and lower the quality of gold. Reportedly, […]Canaan’s Q4 22 Mining Revenue Increased by 368% But There’s a Catch
Canaan’s CEO is optimistic about 2023 after a disappointing year.
Silver Proponent Predicts Medium-to-Long-Term Prices of $125 Per Ounce Thanks to Auto Industry
Silver prices have been hovering just below the $21 per troy ounce mark over the last 24 hours, after jumping above the $24 range in mid-January. While long-term and modest forecasts expect silver to hit $30 by 2025 and $40 by 2027, Keith Neumeyer, CEO of First Majestic Silver, thinks medium to long-term, silver could […]
Crypto Bull Run May Have Already Started, One River CEO Says
Eric Peters is “extremely bullish” on crypto for the medium to long term, suggesting institutions will dive in during the bull cycle.
