Banks Can Hide Fat Finger Errors but Crypto Is Transparent
While Paxos’ mismining of $300 trillion in PYUSD on Wednesday is undoubtedly alarming, it serves as a case study on why blockchain can shine in traditional banking. On Wednesday, Paxos…
95% ETH Corporate Buys Happened In Q3: Bitwise
Recent data shows that almost all of the Ethereum ever accumulated by public companies occurred within three months from July to September. This comes as several crypto executives predict that…
CME Futures Open Interest Tops Binance After Flash Crash
Important points: CME’s futures open interest for the top four cryptocurrencies reached $28.3 billion, surpassing Binance’s $23 billion and Bybit’s $12.2 billion. Despite CME’s lead in open interest, unregulated exchanges…
Gold Hits New All-Time High of Over $4,200 Amid Inflationary Woes
Gold hit an all-time high of more than $4,200 an ounce on Wednesday, driven by demand from retail consumers buying physical gold and central banks accumulating the precious metal as…
Bitcoin, Altcoin Rallies Fall To Sellers As Bears Push Back
Important points: Bitcoin’s recovery faces a sell-off at high levels, showing that the bears are still in control. Several altcoins have fallen from overhead resistance levels, suggesting a sell-off on…
ODDO BHF Launches Euro-Backed Stablecoin
Franco-German banking group ODDO BHF has launched a euro-pegged stablecoin under the European Union’s Market for Cryptoassets (MiCA) regulations. According to Wednesday’s announcement, the bank will act as the issuer…
While Gold Hits All-Time Highs, Bitcoin Slips Under $111,000
Important points: Bitcoin risks reaching $102,000 again as the upside support looks increasingly weak. Our analysis suggests that the bull market could be at risk as a result. Gold has…
Peter Thiel’s Erebor Approved as Silicon Valley Bank Rival Emerges
Erebor, the financial services company backed by billionaire Peter Thiel, has received regulatory approval to launch operations in the United States. This could help fill the void left by the…
USDT0 and XAUT0 Launch on Solana, Expanding Omnichain Access
Omnichain versions of Tether’s stablecoins USDt (USDT) and Tether Gold (XAUT) are now available on Solana through Legacy Mesh, an interoperability network built on LayerZero that connects native stablecoin liquidity…
Scrypt Miners | Why You Can Earn More in Bitcoin on NiceHash
When operating a Scrypt ASIC miner such as Antminer L7 or L9, the main goal is to maximize profitability. While traditional Litecoin and Dogecoin integrated mining pools are a popular…