It is now confirmed: the Shanghai update will be implemented on the Ethereum (ETH) blockchain testnet next month and will be live on the mainnet in March. This highly anticipated update from Ethereum blockchain users will allow them to withdraw their staked ETH when The Merge arrived last September. Shanghai update set for March The long-awaited Shanghai … Continue reading Ethereum (ETH): Shanghai Update and Ether Withdrawal Planned for March
Category: Cryptocurrencies
Cryptocurrency purchases exploded in 2022 despite the bear market
The year 2022 and its string of scandals have raised fears of diminished use of cryptocurrencies. But when it comes to purchases of goods and services, that has not been the case, according to the latest report from CoinGate. Cryptocurrencies have never been used so much in this context. Frankfurt, Hesse, Germany - April 17, 2018: Many … Continue reading Cryptocurrency purchases exploded in 2022 despite the bear market
Beware of deepfakes who take advantage of the bankruptcy of FTX to scam you on Twitter
A deepfake of deposed FTX boss Sam Bankman-Fried has been circulating on Twitter. The video promised that victims of the crypto platform's bankruptcy could receive money in compensation. “As you know, our FTX exchange has gone bankrupt. In the video, it is an almost playful Sam Bankman-Fried that we can see. The former boss of FTX, who is nevertheless at the heart … Continue reading Beware of deepfakes who take advantage of the bankruptcy of FTX to scam you on Twitter
Are 75% of Bitcoin (BTC) Buyers Really Losing?
According to a study conducted by the Bank for International Settlements (BIS), 73% to 81% of cryptocurrency owners would be at a loss compared to their initial value invested. Are so many people really in the red? Bitcoin investors are in the red according to the BIS Between the fall of Terra (Luna) and the fall … Continue reading Are 75% of Bitcoin (BTC) Buyers Really Losing?
Cryptocurrency exchange FTX: Reputation ruined, assets frozen, and now bankrupt
After a failed takeover attempt, the crypto exchange FTX was on the brink. And now it's one step further: bankruptcy has been filed in the USA The bad news about the ailing crypto exchange FTX does not stop. The Bahamian securities regulator announced on Thursday (local time) that it had frozen the assets of FTX Digital Markets. Next, … Continue reading Cryptocurrency exchange FTX: Reputation ruined, assets frozen, and now bankrupt
Bitcoin (BTC): the final purge of the bear market is underway
The FTX affair ushered the cryptocurrency market into the final phase of the bear market, which began in the spring of 2021 when interest rates started to rise and the US dollar hit a long-term low. The price of Bitcoin (BTC) is now developing its last wave of decline, the 5th, the one which constitutes (in … Continue reading Bitcoin (BTC): the final purge of the bear market is underway
$3 billion worth of bitcoin hidden in popcorn box
US investigators find the billion's worth of Bitcoin from the Silk Road hack in one of the largest seizures in history. Long prison sentence threatened. The US Department of Justice announced that in November last year it seized $3.36 billion worth of bitcoin stolen from the illegal darknet trading platform Silk Road. The 50,676 Bitcoin were … Continue reading $3 billion worth of bitcoin hidden in popcorn box
Hong Kong wants to legalize cryptocurrency trading next March
While Hong Kong has complied with China's cryptocurrency policy, it looks like retail trading will be permitted again in the coming months. This position contrasts with that of China, which is always opposed to cryptocurrencies. Hong Kong is about to open up to cryptocurrencies According to information reported by our colleagues at Bloomberg, Hong Kong could review … Continue reading Hong Kong wants to legalize cryptocurrency trading next March
Mining bitcoin has never been harder, but that’s good news
The most popular cryptocurrency may have lost a lot of value in recent months and remain below the symbolic bar of 20,000 euros, but its difficulty has just increased to a record level. Bitcoin has never been harder to mine. Since October 23, 2022, the difficulty of bitcoin has been recalculated, and it has just reached a new record: … Continue reading Mining bitcoin has never been harder, but that’s good news
United States: a new rule could encourage companies to buy Bitcoin (BTC)
In the United States, the arrival of a new accounting rule concerning the valuation of Bitcoin (BTC) and other cryptocurrencies in the balance sheets of companies could encourage them to take an interest in our ecosystem. The book valuation of Bitcoin changes in the United States Last week, the Financial Accounting Standards Board (FASB) announced … Continue reading United States: a new rule could encourage companies to buy Bitcoin (BTC)