Congresswoman Maxine Waters Questions Meta’s Ongoing Crypto Efforts
A letter sent to the tech giant said it still has five active patents related to cryptocurrencies, despite the firm saying that it has no digital assets-related works ongoing.
Bug That Took Down 8% of Ethereum’s Validators Sparks Worries About Even Bigger Outage
The lion’s share of Ethereum’s validators rely on the same piece of software to power their operations. According to some experts, this could be a big risk.
SEC Shut Off Extra Security on X For About 6 Months, Letting Hacker Breeze In
The U.S. Securities and Exchange Commission (SEC) confirmed that a hacker took over its X account through a “SIM swap” attack that seized control of a cell phone associated with the account. That allowed the outsider to falsely tweet on January 9 that the agency had approved spot bitcoin exchange-traded funds (ETFs), a day before the agency actually did so.
Bitcoin-Based Digital Art Image ‘Genesis Cat’ Sells for $254K in Sotheby’s Auction
The sale of the digital image from the Taproot Wizards project came as popularity surges for the NFT-like creations minted atop the Bitcoin blockchain’s Ordinals protocol. All in, some 19 lots sold by Sotheby’s raked in a combined $1.1 million.
Bitcoin Slides Below $40K, Now Down Nearly 20% From Post-ETF Euphoria
Analysts at 10x Research are eyeing the $38,000 level for a potential bottom.
Bitcoin Bulls Buoyed by Report of FTX’s $1B GBTC Sale
Flows of fresh investor money into the newly approved spot bitcoin ETFs may be far higher than previously thought.
FTX Sold About $1B of Grayscale’s Bitcoin ETF, Explaining Much of Outflow: Sources
BTC’s price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event.
China’s Currency Woes to Weigh on Bitcoin: Crypto Observer
Measures taken by the People’s Bank of China to cushion yuan against the stock market slide could weigh over bitcoin’s price.
U.S., U.K., Australia Sanction Hamas-Affiliated Crypto Transaction Facilitators
The U.S. and other governments are adding a number of Hamas-affiliated financiers to a global financial blacklist, the Treasury Department’s sanctions watchdog announced Monday.