Bitcoin’s 150% gains over the last two years in Argentine pesos is no match for the country’s 300% inflation in the period.
The Monkey's Picks
Stop wasting your time! Here are the top crypto news you must read now! Carefully selected for you by “the Monkey”.
Roughly six weeks after Base, the layer-2 scaling solution backed by Coinbase, was launched, its bridge is now the seventh most active, looking at transaction count. DeFiLlama data on September 21 reveals that the Ethereum-Base bridge had posted 2090 transactions. This is more than those registered by the Ethereum—Arbitrum and Polygon zkEVM bridges, which had 1,642 and […]
The development caused fluctuating transaction fees on the Bitcoin Network as miners compete for higher fee transactions.
Binance reportedly said that they were doing a wallet aggregation process to ensure the safety of user funds.
Rehabilitation trustee Nobuaki Kobayashi has extended the Mt. Gox repayment deadline by one year.
Paul Brody, a Blockchain Lead at Ernest & Young, one of the top four global auditors, thinks private blockchains don’t stand if more protocols are built on public networks, especially Ethereum. Brody tweeted his opinion on the speeches at the Real World Summit. Brody believes that big banks building or exploring private chains like R3 Corda […]
Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), told Bloomberg on Sept. 20 that a government shutdown could hinder his agency. Other reports indicate that the U.S. government could shut down on Oct. 1 as members may not pass the bills needed to fund operations before the next fiscal year. Gensler commented […]
Ethereum’s price may have been dealt a massive blow as a research report on the Ethereum valuation has revealed that the cryptocurrency giant has been trading below its fair price. Ethereum Trading Value Slips A new on-chain research report has delved deep into the fair value of the Ethereum cryptocurrency since its inception, segregating the cryptocurrency’s value into sections and utilizing its trading activities and active addresses to evaluate the network’s worth over the past […]
The Thai man was eventually arrested after a six-hour standoff with police, in what police say was domestic violence over bitcoin losses.
Blockchain trackers flag $1-billion “authorised but not issued” USDT mint at Tether’s Treasury; CTO Paolo Ardoino clarifies holdings will be used for ongoing TRON issuance requests and chain swaps.
Crypto exchanges HTX (formerly Huobi) and OKX have seen their traffic surging 200% and 185% YTD, respectively.
According to the Korea Customs Service report, the value of unlawful foreign exchange transactions made using digital currency was estimated to be worth $4 billion last year.
Senator Elizabeth Warren announces the expansion of her coalition to crack down on “crypto’s use in money laundering, drug trafficking, sanctions evasion.”
Scroll co-founder Ye Zhang is aiming for a community-driven decentralized immutable scaling solution for Ethereum.
Ethereum’s Holesky testnet launch fails, CoinEx writes open letter to hackers, Sam Bankman-Fried’s court drama, and more.
BTC price can see lower prices in the coming months, based on three bearish technical setups currently in play.
Analytics firm IntoTheBlock says that major Ethereum (ETH) layer-2 (L2) protocols are evolving and finding their respective niche. IntoTheBlock says that Ethereum-scaling solutions Base, Arbitrum (ARB) and Optimism (OP) are carving out their own paths and creating a “robust and diverse ecosystem.” Looking at Base first, the analytics firm says that Coinbase’s new layer-2 protocol […]
Base surpassed other layer-2 networks like Optimism and Arbitrum in terms of daily transactions but still lagged behind Polygon and BSC.
Bitcoin and crypto brace for FOMC, while BTC price action delivers a refreshingly calm weekend.
Bitcoin analysis increasingly believes that this cycle’s BTC price lows are done and dusted.
Algorand (ALGO) has recently announced significant changes to its protocol that are set to reshape the future of the blockchain network. These developments are aimed at increasing decentralization and fostering consensus among participants, signaling a bold step forward for the project. One of the most striking revelations in Algorand’s recent announcement is the network’s transition from relays to a peer-to-peer (P2P) network approach. This fundamental shift represents a departure […]
Although the asset’s price is somewhat stagnant, the interest toward the network keeps growing.
Crypto exchange Coinbase says that the U.S. Securities and Exchange Commission’s (SEC) enforcement-only approach is negatively impacting America. In a new blog post, Coinbase says that “while the majority of the world’s economic powers are embracing a technology that can increase economic opportunity, the SEC’s regulation by enforcement-only approach is costing the US millions of […]
Lighting Network helps Bitcoin solve its scalability problem and compete against newer cryptocurrency projects that promised comparatively faster and cheaper transactions.
Brad Garlinghouse says Singapore, the U.K., the UAE and Switzerland are jurisdictions with “smart” crypto policies that he thinks the U.S. should adopt.
A US federal court has reportedly ordered a SIM hijacker who allegedly stole crypto worth millions of dollars while in his teens seven years ago to surrender the proceeds of his crimes. According to a report from The San Francisco Standard, Ahmad Wagaafe Hared stole digital assets, including Bitcoin (BTC), from cryptocurrency executives and investors […]
An X post by Bitcoin Historian Pete Rizzo shows the disparity between JP Morgan’s past statements and Wall Street’s recent Bitcoin embrace.
A total of $4.8 million in funds have now been moved by the hacker to Bitcoin and now Avalanche.
The Ethereum co-founder has regained control of his T-Mobile account, confirming that a SIM-swap attack resulted in the hack of his X account.
Court documents reveal that the bankrupt crypto exchange FTX is still holding over $3 billion in assets as August 31. As shared on the social media platform X by crypto reporter Colin Wu, on August 31, 2023, FTX was still holding almost $2 billion in Solana (SOL), Bitcoin (BTC), and Ethereum (ETH) alone. “As of August […]
FTX is eyeing the completion of its bankruptcy process for the second quarter of next year, according to its Sept. 11 court filings. As per the filing, the firm is currently involved with ongoing negotiations and mediation with stakeholders over the coming months to resolve open plan issues involving its bankruptcy plans. FTX also revealed […]
BTC price weakness shows as Bitcoin analysts debate the likelihood of a return toward $20,000.