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Bitcoin whale clusters pinpoint 3 key levels for BTC price rally to continue

New data from Whalemap reveals three whale clusters around $12K that should act as support and resistance areas for Bitcoin price in the short term. According to Whalemap, there are three major Bitcoin (BTC) whale clusters in the near term…

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The unluckiest DeFi protocol? A personal take on bZX’s tumultuous year

The platform got hacked not once, but thrice, putting the team through a trial by fire. Decentralized finance platform bZX has frequently been in the spotlight this year, only not for the right reasons. Most DeFi platforms popular today, including…

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Blockchain is still far from maturity, says China’s former IT minister

He doesn’t seem to think China is that far ahead of the USA when it comes to blockchain development — at least for now. Wu Zhongze, China’s former vice-minister for Science and Technology and a well-known digital economics expert, believes…

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IPFS lead explains how malicious files are eliminated from its network

Decentralized ecosystems still need a way to deal with nefarious files. The InterPlanetary File System, or IPFS, helps decentralize the internet by making files available across multiple locations instead of through a single centralized point of failure. What happens if someone reports a…

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Charles Hoskinson calls for a different kind of apoliticism than Brian Armstrong

While Hoskinson is not a fan of “the Orange Goblin”, he still does not appreciate unsolicited pro-Biden emails from paid service providers. “My first thought was he must have been hacked”, said Hoskinson, reflecting on opening an email he received…

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Attack of the bots! Paxful fights off thousands of automated threats

Bad actors allegedly tried to brute force their way into accounts belonging to Paxful’s users in an ongoing series of attacks. Paxful, a peer-to-peer cryptocurrency marketplace, has successfully defended against a number of serious threats, including 220,000 bot attacks and…

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South Korean gov’t doesn’t know who will protect crypto exchanges from Kim Jong-Un’s hackers

Can anyone hold North Korea responsible for its attacks on the crypto industry? There has been a hot political debate underway on who should take responsibility for countering North Korean hacks targeting South Korean cryptocurrency exchanges. Recently, South Korea’s financial…

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US AML watchdog wants info on all international crypto transactions over $250

The proposed change would cut down FinCEN’s longstanding $3,000 threshold. The Financial Crimes Enforcement Network (FinCEN) and Federal Reserve are looking to get more information on smaller transactions than ever before.  According to a notice of proposed rulemaking published on Friday, the…

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Bitcoin price rise to $500k is inevitable, Winklevoss twins say

They said that real adoption of the asset class “hasn’t even started.” Gemini crypto exchange founders Tyler and Cameron Winklevoss said that Bitcoin (BTC) will eventually hit $500,000 per coin during a recent interview with podcast host Peter McCormack. “The…

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Stablecoins went wild in the days before Bitcoin’s recent surge

Retail investors are buying into Bitcoin, says CryptoQuant CEO. In the days preceding Bitcoin’s latest rise in price, stablecoins went wild, exhibiting some largely unprecedented behavior. Stablecoins: all stablecoins inflow transaction and address count of all exchanges. Source: CryptoQuant. On…

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