Bitcoin Depot is the world’s largest bitcoin ATM operator. The company went public in July, is well-capitalized, and may seek to acquire smaller operators that struggle with key operational challenges. A lot has changed since Brandon Mintz bought his first bitcoin on what he describes as a “crappy website” in 2013. He’s now CEO of … Read more
Coinbase Ventures – the investment branch of the biggest publicly traded U.S. crypto exchange – expanded its relationship with RocketPool by announcing today its purchase of the liquid staking network’s native token RPL. RPL, which provides direct incentives, insurance and governance for the Rocket Pool ecosystem, has jumped more than 9% in the past 24 … Read more
Javier Milei, a libertarian candidate who has advocated for the elimination of the central bank and spoken favorably of Bitcoin, was in the lead in Sunday’s primary presidential election in Argentina. With 84% of the vote counted, Milei – of the “La Libertad Avanza” (Freedom Advances) party – had 30.73% of the votes versus candidates … Read more
Information security firm Distrust says a total of at least $900,000 was stolen across multiple blockchains. Hackers were able to exploit a vulnerability in the Libbitcoin explorer, an open-source command line tool or text interface used by Bitcoin developers to produce cryptographic keys and communicate with the blockchain. In 2011, just two years after Bitcoin … Read more
The Argentine Agency for Access to Public Information (AAIP) has initiated an investigation targeting Worldcoin to ascertain the legality of its data collection practices within the South American country, the agency said on Tuesday. The AAIP outlined its objective of scrutinizing the security protocols in place to safeguard the privacy of Worldcoin users in Argentina. … Read more
Good morning. Here’s what’s happening: Prices: Bitcoin was holding steady just below $30,000. Insights: The sad saga of Sam Bankman-Fried continues with a judge on Friday revoking the former FTX CEO’s bail. CoinDesk columnist David Morris explained why the decision was almost inevitable. Update: Judge Lewis Kaplan has now revoked Sam Bankman-Fried’s bail and returned … Read more
Crypto exchange Bittrex settled charges of offering U.S. investors access to unregistered securities on Thursday, agreeing to pay a $24 million fine within two months of filing a liquidation plan for the exchange. The SEC sued Bittrex, which filed for bankruptcy in May, earlier this year, saying it simultaneously operated a securities exchange, broker and … Read more
332 million SAND tokens will be unlocked Monday, worth $133 million. SAND’s 24-hour trading volume at press time stands at $74.9 million, per CoinGecko. 60 million SAND tokens were transferred out of the multisig Sandbox Genesis smart contract one week ago, according to block explorer Etherscan, a sign that the unlock had already begun. Metaverse … Read more
Good morning. Here’s what’s happening: Prices: Bitcoin and ether are opening flat in Asia trading, seemingly unaffected by Thursday’s Consumer Price Index numbers. Insights: Coinbase (COIN) recently likened cryptocurrencies to Beanie Babies, questioning their future in finance. Meanwhile, analysts project that real-world asset tokenization could become a $5 trillion industry, but warn that without specific … Read more
Crypto-services provider Matrixport’s proprietary Bitcoin Greed & Fear Index, which has a solid track record of marking trend reversals, is signaling a bull revival in bitcoin (BTC) The Greed & Fear Index measures investor sentiment. Readings above 90% signal greed or excess optimism, and readings below 10% represent extreme fear or pessimism. Such indicators are … Read more