Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,194,963,714,659.07
  • 24h Vol: $105,014,981,047.12
  • BTC Dominance: 55.95%

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elizabeth-warren-blames-‘crypto-risk’-for-silvergate-bank’s-liquidation,-critics-dismiss-senator’s-claims-as-‘terribly-misinformed’

Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’

Leave a Comment / Accusation, Allegations, AML, bank supervision, Bipartisan, Bitcoin, Blockchain, commentary, Criticism, Critics, crypto business operators, crypto CFA, Crypto Hacked, crypto risk, Cryptocurrency, disgust, downfall, due diligence, elected officials, Elizabeth Warren, Ethereum, Executive Branch, failure, fear mongering, financial institution, hardworking people, honest, Investors, Liquidation, News, political self elevation, posturing, principle of due process, propaganda, Ram Ahluwalia, Regulators, Responsibility, risky activity, scandal, Senators, Silvergate Bank, Silvergate Downfall, Silvergate Liquidation, Social Media, support, Twitter / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After Silvergate Bank announced its voluntary liquidation, U.S. senator Elizabeth Warren is attributing the financial institution’s downfall to “crypto risk.” According to Warren, she had previously warned about Silvergate. However, some critics are dismissing Warren’s opinion as “terribly misinformed” and claim that she is “tossing out egregious accusations.” Crypto Proponents Offer Different Perspectives on Silvergate […]

Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’ Read More »

bitcoin-proponents-slam-nobel-laureate-paul-krugman-after-venmo-payment-issue

Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue

Leave a Comment / billionaire, Bitcoin, Censorship Resistant, Centralized, chat support, Crypto Hacked, Cryptocurrency, Decentralized, Digital Assets, Digital Currency, economic impact, electronic cash, Ethereum, financial institution, Financial Technology, HSBC China, Keynesian Economics, mark mobius, michael saylor, microstrategy, Monetary Policy, News, nobel prize winner, Online Payments, Paul Krugman, Payment Processors, payment systems, Peer-to-peer, Social Media, Software, subprime mortgage crash, Third Party, Twitter, Venmo / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the importance of censorship-resistant payment systems. Krugman’s Experience Highlights the Growing Interest in Censorship-Resistant Payment Systems Nobel Prize

Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue Read More »

china’s-wechat-adds-support-for-digital-yuan-payments

China’s Wechat Adds Support for Digital Yuan Payments

Leave a Comment / Alibaba, Alipay, App, application, Bitcoin, CBDC, China, chinese, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Digital Currency, Digital Yuan, e-CNY, Ethereum, Fintech, integration, messenger, payment app, payment platform, Payments, PBOC, Social Media, tencent, update, WeChat, WeChat Pay / / / , , , , , , , , , , , , , , , , , , , , , , , ,

Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage of fast payments with the digital currency issued by the People’s Bank of China. Wechat Pay Follows Alipay in Integrating Payments With Digital Yuan The

China’s Wechat Adds Support for Digital Yuan Payments Read More »

ripple-lawyer-argues-sec-chair-gensler-has-prejudged-crypto-asset-cases

Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases

Leave a Comment / adjudged, Antoniu v. SEC, Appeal, appearance of impropriety, attorney, Bias, Bitcoin, comments, commissioner, crypto assets, Crypto Hacked, crypto securities, Cryptocurrency, de novo review, debate, disbarment, Enforcement, Ethereum, evidence, Gary Gensler, Hogan & Hogan, Law, lawyer, Lawyers, legal battle, News, nullified, Opinion, recusal, Ripple, SEC, SEC staff, Securities, Social Media, Stuart Alderoty, Twitter, XRP / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Recently, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), expressed his opinion in a detailed interview with New York Magazine’s Intelligencer regarding why he believes crypto assets other than bitcoin are securities. However, Stuart Alderoty, Ripple’s chief legal officer, argues that Gensler must “recuse himself from voting on any enforcement case

Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases Read More »

solana-faces-renewed-criticism-after-10th-downtime-and-bumpy-restart,-but-developers-remain-optimistic

Solana Faces Renewed Criticism After 10th Downtime and Bumpy Restart, but Developers Remain Optimistic

Leave a Comment / 10th down, 10th downtime, Anatoly Yakovenko, Bitcoin, Blockchain, Brandon Tucker, co-founder, Criticism, Crypto Hacked, Cryptocurrency, Decentralization, design flaw, downtime, Ethereum, fast, Forums, Investigation, Liquid Staking, Marinade Finance, News, outage report, performance degradation, rally, real time, restart, root cause, shorting, Social Media, SOL token, Solana, solana labs, super secure, Throughput, Upgrade, validator community, Validators, widely used / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Following the initial incident on Feb. 25, Solana resolved the blockchain’s performance degradation after validators decided to restart the network. According to an outage report following more than 24 hours of downtime, Solana developers detailed that the “root cause is still unknown and under active investigation.” Social Media Mocks Solana’s 10th Downtime, Supporters Defend Project

Solana Faces Renewed Criticism After 10th Downtime and Bumpy Restart, but Developers Remain Optimistic Read More »

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Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability

Leave a Comment / Assets, Avalanche, Binance Smart Chain, Bitcoin, blockchain interoperability, Blockchain Networks, cross-chain bridge, Crypto Hacked, Cryptocurrency, development lab, Digital Currency, Ethereum, Github draft, ledger objects, legal battle, Market Capitalization, Mayukha Vadari, News, proposed technology, Ripple Labs, Ripplex, SEC, server type, Settlement, Social Media, software engineers, Solana, transaction replay, transactions, unregistered security, us regulator, XRP, XRPL developers, XRPL network, XRPL Standards / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines how the cross-chain bridge could function and suggests ways to prevent transaction replay. Ripplex Dev Proposes XRPL Cross-Chain Bridge

Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability Read More »

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Crypto Groups on Russian Social Media Hit by Bots Discrediting Bitcoin

Leave a Comment / anti-bitcoin, Attacks, Bitcoin, Bots, campaign, Channels, Crypto, crypto channels, crypto groups, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Ethereum, Groups, Messages, messenger, News, Nikita Zuborev, Pavel Durov, Posts, Russia, russian, Social Media, social media platform, Social Network, Telegram, VK, Vkontakte / / / , , , , , , , , , , , , , , , , , , , , , , , , ,

Social media groups devoted to cryptocurrencies in Russia have been attacked by bots in what looks like a campaign against bitcoin and the like. Their comments on Russia’s largest social media platform are triggered by certain keywords like crypto and blockchain, members of the community have noticed. Bots Flood Vkontakte Groups With Comments Against Cryptocurrency

Crypto Groups on Russian Social Media Hit by Bots Discrediting Bitcoin Read More »

litecoin-network-adopts-ordinal-inscriptions,-following-bitcoin’s-lead

Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead

Leave a Comment / Anthony Guerrera, Bitcoin, Blockchain, blue-chip, Codebase, Collections, Crypto Hacked, Cryptocurrency, differences, Digital Collectibles, Economy, Ethereum, github, infrastructure, litecoin, Marketplaces, Mimblewimble, minting tools, NFTs, Non-fungible tokens, Onchain, Open Source, Ordinal inscriptions, ported, Proof of Work, Segregated Witness, Social Media, Taproot, Technology, trend, Wallets, Whitepaper / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made Ordinal inscriptions on the Litecoin network possible by receiving 22 Litecoin to port the technology to the proof-of-work (PoW) blockchain.

Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead Read More »

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Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy

Leave a Comment / $20 billion market, 3AC, 3AC Bankruptcy, 3AC bankruptcy case, Bankruptcy, Bitcoin, Blockfi, Celsius, Claimants, claims, co-founders, Coinflex exchange, crypto community, Crypto Hacked, crypto hedge fund, Cryptocurrency, dark period, disgust, Ethereum, failed platforms, fallout, FLEX, ftx, genesis, Hodlnaut, Kyle Davies, Magdalena Gronowska, manifesto, mid-January 2023, Mt Gox, News, nic carter, Open Exchange, portfolio margin, primary token, reception, Social Media, Su Zhu, Three Arrows Capital, Traders, Tweet, Vauld, voyager, waitlist, website, Zipmex / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Following the recent court filing from liquidators for Three Arrows Capital (3AC) claiming frustration with the 3AC co-founders for allegedly failing to respond to subpoenas sent via Twitter. Su Zhu, one of the co-founders, recently tweeted about his new crypto venture, Open Exchange. The exchange aims to provide users with the ability to trade or

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makerdao-co-founder-proposes-$14-million-fund-to-combat-climate-change;-crypto-supporters-mock-idea

Makerdao Co-Founder Proposes $14 Million Fund to Combat Climate Change; Crypto Supporters Mock Idea

Leave a Comment / $14 million, 20000 MKR tokens, activism, Bitcoin, blockchain governance, climate change, climate change activism, climate finance project, co-founder, Criticism, Crypto, crypto advocates, Crypto Hacked, Cryptocurrency, decarbonization, effective altruism, energy solutions, Ethereum, financial infrastructure, FTX boss, Funds, global environmental risks, Klimadao, lack of interest, Maker Constitution, makerdao, misinformation, MKR holders, MKR treasury, Mocking, News, proposal, Rune Christensen, Sam Bankman-Fried, Scientific Sustainability Fund, Social Media, stablecoin project, Thieves / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Cryptocurrency advocates have been discussing a proposal by the founder of Makerdao, Rune Christensen, to fund a Scientific Sustainability Fund. An idea that aims to combat climate change and misinformation about energy solutions. Christensen is asking for 20,000 MKR tokens to move forward with the idea. The draft of the Maker Constitution was criticized on

Makerdao Co-Founder Proposes $14 Million Fund to Combat Climate Change; Crypto Supporters Mock Idea Read More »