Blockstream will look to raise more capital to buy Bitcoin (BTC) mining hardware through a second series of its Blockstream ASIC (BASIC) Note offering, which aims to accumulate and sell ASICs based on the predicted demand for miners over the next two years. Speaking exclusively to Cointelegraph, Blockstream CEO Adam Back highlighted a surplus of…
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El Salvador’s controversial $117.5 million Bitcoin investment briefly swung into profitability this past week for the first time in two years. This was a milestone of sorts because, until then, not much had gone right crypto-wise for the impoverished Central American nation. El Salvador still hasn’t come close to making Bitcoin (BTC) a medium of…
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Crypto romance scammers — a cohort of crypto-stealing smooth-talkers — appear to have a new trick up their sleeves: targeted approval phishing. In a Dec. 14 report from on-chain analytics firm Chainalysis, the firm noted that the technique has seen explosive growth over the past two years, with at least $374 million in suspected stolen…
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TMX Group, the operator of Canadian stock exchanges such as the Toronto Stock Exchange and the Montreal Exchange, is finalizing the acquisition of VettaFi, a significant player in the exchange-traded fund (ETF) industry, including in blockchain and crypto ETFs. The firm officially announced on Dec. 13 that it has agreed to acquire the remaining 78%…
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As the cryptocurrency community has been focused on the potential approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, some crypto-linked ETFs have already been racking up significant gains in 2023. One such ETF is the VanEck Digital Transformation ETF (DAPP), which has surged nearly 207% year-to-date (YTD), according to data…
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In a consultative document published on Dec. 14, the Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) proposed several measures on targeted adjustment to its standard on banks’ exposure to crypto assets. The document is the result of the review work conducted during 2023, which helped the committee formulate amendments to its original…
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Binance and other cryptocurrency firms based in the United Arab Emirates are optimistic that the country will remain a hotspot for virtual assets despite a potential shift to the United States should the Western superpower become a more crypto-friendly jurisdiction. The “regulation by enforcement” regime in the U.S. has pushed global crypto firms to move…
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The Philippines Securities and Exchange Commission head Kelvin Lee clarified in a panel on Dec. 13 that a ban on Binance would come into effect three months after its advisory was issued. According to a report from local news BitPinas, Lee said there has been a lot of confusion on the internet about the ban…
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Bitcoin (BTC) is displaying fresh bull run signals as BTC price strength produces 7% daily gains. BTC/USD 1-hour chart. Source: TradingView BTC price bounces after snap sell-off Data from Cointelegraph Markets Pro and TradingView hints that upside momentum may continue as on-chain metrics reset. Bitcoin “needed to cool off” after hitting $44,000 this month, analysis…
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The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), has vigorously promoted its marketing rules for crypto firms since their publication in June. And it’s now found a way to bring them to life as a pixelated Wild West cartoon to enlighten investors. A minute-long animation mimicking the style and sound of a video…
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