Business

Ethereum team lead sees zero interest from university in collaborating

[ad_1] Peter Szilagyi, Ethereum team lead, has expressed frustration over his alma mater's lack of interest in providing opportunities for students to collaborate with Ethereum.In a series of posts on X (formerly Twitter), Szilagyi explained that he has always felt a lack of genuine interest when he has returned to his old university to deliver talks about Ethereum (ETH).He stated that the students appeared to be more focused on the
BUY/SELL

Nov. 26 – Dec. 2 – Cointelegraph Magazine

[ad_1] Top Stories This Week Bitcoin ETF race gets 13th entrant, BlackRock revises ETF model Asset manager Pando Asset has become an unexpected late entrant into the spot Bitcoin ETF race in the United States. On Nov. 29, Pando submitted a Form S-1 — used to register securities with the agency — to the U.S. Securities and Exchange Commission for the Pando Asset Spot Bitcoin Trust. Like other ETF bids,
Business

Bitcoin’s top of funnel is becoming less noisy, suggests Swan Bitcoin CEO

[ad_1] Swan Bitcoin CEO Cory Klippsten has suggested that the spot Bitcoin (BTC) exchange-traded funds (ETF) will suppress the loud and flashy marketing strategies that have served as the initial gateway for many into the crypto space since 2017.During a recent interview with Bloomberg on December 1, Klippsten reiterated that Bitcoin ETFs offer an alternative entry into the market at a time when it has been tainted by well-funded crypto
Business

Coinbase market share grows outside US trading hours amid Binance saga: Report

[ad_1] Following cryptocurrency exchange Binance reaching a substantial multi-billion-dollar settlement with United States regulators last week, an on-chain data analytics firm reported a surge in Coinbase's market share.On November 21, Binance and the United States Department of Justice (DoJ) reached a settlement of $4.3 billion, settling allegations related to anti-money laundering.However, the legal challenges have led to other crypto exchanges seeing an increase in market share, according to research firm
Business

North Korean hackers have pilfered $3B of crypto over past six years: Report

[ad_1] According to United States cybersecurity firm Recorded Future, North Korean hackers have stolen around $3 billion in cryptocurrency since 2017, with more than half of that amount stolen in the past year alone.Recorded Future indicated in a recent report that the amount of stolen crypto equates to approximately half of North Korea’s entire military expenses for the year:"North Korean threat actors were accused of stealing an estimated $1.7 billion worth of
BLOCKCHAIN

Madeira seeks to boost economy with startups, innovative payment system

[ad_1] An archipelago in the middle of the Atlantic is seeking startups and tech talents to boost its economic growth. Web3 entrepreneurs are flocking to this region.Portugal's Madeira archipelago has been praised for its natural beauty, but an aging population and pressing need for a more diversified economy prompted its local government to explore emerging technologies, such as blockchain. According to Rogerio Gouveia, finance secretary of the regional government of
Business

What is market manipulation in cryptocurrency?

[ad_1] Market manipulation in the crypto sphere, explained In the cryptocurrency space, market manipulation refers to the deliberate use of different deceptive strategies to artificially inflate or deflate the price of cryptocurrencies. One of the signs of market manipulation includes sudden, unusual price increases or decreases that have nothing to do with important news or trends. Unusual high trade volumes concentrated in a brief period of time may indicate attempts at
Business

UK Legislators urge caution in retail digital pound rollout

[ad_1] British legislators are urging a careful stance regarding implementing a retail digital pound. They stress the importance of finding an equilibrium between technological advancements and potential drawbacks. Members of the Treasury Select Committee have expressed reservations regarding the possible launch of a retail digital pound, underscoring the need for thoughtful examination before execution. Despite recognizing potential advantages in terms of innovation, the committee has urged the Bank of England (BoE)
BLOCKCHAIN

KyberSwap announces treasury grants for hack victims

[ad_1] KyberSwap intends to provide financial assistance to users affected by a significant exploit on Nov. 22, which led to a $48.8 million loss for the decentralized finance protocol. To address this, KyberSwap is establishing a grant initiative from its treasury to offer compensation to those adversely affected by the event.The grant is designed to ease the financial burden on affected individuals and will equal the USD equivalent of the
BLOCKCHAIN

SEC faces sanctions threat as Judge questions DEBT Box case accuracy

[ad_1] United States District Judge Robert Shelby has cautioned the Securities and Exchange Commission (SEC) lawyers, hinting at possible sanctions due to purportedly deceptive statements in a legal action against Digital Licensing Inc., also recognized as DEBT Box, a crypto company.Lodged in the federal court of Utah, the SEC’s legal action alleged that DEBT Box deceived investors by around $50 million via the vending of unregistered securities known as “node