Cathie Wood’s ARK enters 2023 with $5.7M Coinbase stock purchase
Cathie Wood’s ARK Invest doesn’t give up on its buy-the-dip purchases, purchasing another $5.7 million worth of Coinbase shares. Go to Source Powered by WPeMatico
Cryptocurrencies
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US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year
The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United States has lost more machines offering crypto teller services than any other country, while Australia tops the chart in terms of new installations. 2022 Ends … Read more
Israel’s Securities Watchdog Seeks to Regulate Crypto Assets
The body overseeing the securities market in Israel is taking steps to incorporate rules for digital assets into the existing legislation. The regulator released a draft proposal to introduce the changes that would define the legal status of cryptocurrencies in the country. Amendments to Israel’s Securities Laws Aimed at Expanding Supervision Over Crypto Arguing that … Read more
DeFi security losses rose 47.4% in 2022 to hit $3.64B: Report
Over $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during that period. Go to Source Powered by WPeMatico
Quantum computers may soon breach blockchain cryptography: Report
Cryptography experts are somewhat skeptical of the technique’s scalability, but aren’t ruling out the possibility of success either. Go to Source Powered by WPeMatico
ECB official urges CBDC development for the good of cryptocurrency and consumers
ECB board member Fabio Panetta has woven his enthusiasm for blockchain technology and skepticism of cryptocurrency into an argument that supports both, albeit begrudgingly. Go to Source Powered by WPeMatico
US senator behind efforts to pass major crypto bill won’t seek re-election
Senator Debbie Stabenow was one of the lawmakers behind introducing the Digital Commodities Consumer Protection Act in August. Go to Source Powered by WPeMatico
Hackers Hit Romanian Hospital, Demand Bitcoin Ransom
A hospital in Romania has been targeted in a ransomware attack with the perpetrators seeking payment in cryptocurrency to decrypt its database. The hack prevents the medical institution from reporting to the country’s health insurance fund in order to receive due funding. Botoşani Hospital Blackmailed for Bitcoin, Romanian Media Reports The Saint Gheorghe Recovery Hospital … Read more
Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments
A major Ukrainian chain of pharmacies has started accepting cryptocurrency through Binance Pay. The new payment method will be available online, according to the company, which operates hundreds of drugstores across the war-torn Eastern European nation. Pharmacy Offers Ukrainians Option to Pay With Crypto Using Binance Pay Customers of the Ukrainian pharmacy chain ANC can … Read more
Bonk token goes bonkers as traders chase after high yields in the Solana ecosystem
Traders are piling into BONK, boosting its price by triple-digits in the last 24-hours and possibly hinting at a trend reversal in Solana price. Go to Source Powered by WPeMatico