Bitcoin Becoming Less Volatile Than Stocks Raises Warning Flag

(Bloomberg) — At first blush, Bitcoin becoming less volatile than stocks might appear like a positive development. But crypto traders are warning that in a low-volume environment, that might not be a great thing. Most Read from Bloomberg The coin’s 30-day realized volatility has “dropped sharply” in recent days, according to Noelle Acheson, author of … Read more

Elizabeth Warren Calls Texas ‘Deregulated Safe Harbor’ for Bitcoin Miners

Massachusetts Senator Elizabeth Warren and a group of six other US lawmakers have requested information on the energy usage and potential environmental impact of bitcoin mining operations in the state of Texas. In a letter to Pablo Vegas, CEO of the Electric Reliability Council of Texas (ERCOT), the senators called Texas a “deregulated safe harbor” … Read more

Samsung to Debut Knox Matrix Blockchain-Based Security System for Smart Devices – Blockchain Bitcoin News

Samsung, the consumer electronics giant, has announced the introduction of a blockchain-like security system for its smart devices. Named Knox Matrix, the objective of the system is to increase the security of a multi-device environment, with each smart device monitoring others and sharing access data to simplify login tasks. Samsung Blockchain-Powered Security System Blockchain technology … Read more

Have US Crypto Sanctions Gone Too Far?

Photo: Bloomberg/Getty Images There’s something alluring about North Korea for those on the edges of the western crypto world. Earlier this year, the hacker Virgil Griffith was awarded to five years for helping Kim Jong-Un’s government evade sanctions, while Tether, issuer of the third-largest cryptocurrency, has decided to pick a fight over its right to … Read more

Cardano, Polygon lead market sell-off

The total cryptocurrency market cap saw net outflows totaling $12.75 billion. As of press time, the industry’s market cap stood at $911.14 billion, down 1.45% over the last 24 hours. Bitcoin’s market cap fell 0.5% over the reporting period to $365.65 billion from $367 billion Ethereum’s market cap decreased 1.05% to $157.7 billion from $159.16 … Read more

Crypto Exchanges Still Available to Russians Despite Latest EU Sanctions, Report Unveils – Exchanges Bitcoin News

A list of crypto exchanges, including global platforms, have not introduced new restrictions on Russian users after the EU’s most recent sanctions round, Russian crypto media reported. The latest European penalties target an array of crypto-related services to increase pressure on Russia amid an escalating conflict in Ukraine. Major Exchanges Continue to Work in Russia … Read more

Pillow wants to make crypto saving and investing easy for new users • TechCrunch

Pillow aspire to be an all-in-one platform that helps even newbie users save, spend and invest in crypto currency. The Singapore-based startup announced it has raised $18 million in Series A financing co-led by Accel and Quona Capital, with participation from Elevation Capital and Jump Capital. The app currently has more than 75,000 users in … Read more

5 Reasons Why Sweatcoin’s Cryptocurrency Launch Will Revolutionize Fitness

SWEAT officially launched on 13 September 2022, and $1 million worth of tokens were already sold on Maker DAO before its market arrival—signifying a clear change from the platform’s initial in-app format. With over 40,000 individuals participating in SWEAT’s public sale, it took just 15 minutes to sell out. Accompanying SWEAT is a brand new … Read more

Zimbabwe Tertiary Learning Institution Developing Central Bank Digital Currency – Bitcoin News

Harare Institute of Technology, a Zimbabwean higher learning institution, is reportedly developing a central bank digital currency (CBDC). Quinton Kanhukamwe, the institution’s vice chancellor, said the digital currency is expected to help eliminate vices such as currency manipulation and unsanctioned foreign exchange deals. Eliminating Illegal Foreign Exchange Deals A Zimbabwean tertiary learning institution, the Harare … Read more