The U.S. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) by 75 basis points (bps). The American central bank said on Wednesday that the hike aims to curb inflation and the Fed says “recent indicators point to modest growthContinue Reading
Newly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the draft law states that the circulation of the minted coins should take place outside Russian jurisdiction, an upcoming bill provides for their use under “experimental regimes.” Parliament Prepares to LegalizeContinue Reading
Participate in the Verse Public sale and opt into the exclusive raffle on Bitcoin.com Games to get up to $25,000 worth of Verse tokens for free. Bitcoin.com is launching Verse, a rewards and utility token that will be used across the full range of Bitcoin.com products including the official non-custodialContinue Reading
PRESS RELEASE. MEXC Global will list Hashflow on November 7, 13:00(UTC) with Binance together, and users will be able to trade their native token HFT(HFT/USDT). Meanwhile, MEXC has launched a deposit competition for HFT, and the total prize pool is 5000MX. Hashflow (HFT) is a decentralized exchange that supports cross-chainContinue Reading
The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday. A number of affected pools were disabled, and Solend says it has given crypto exchanges the exploiter’s address. Solana Defi Application Solend Loses $1.26 Million in Oracle Exploit The cryptoContinue Reading
Litecoin rose to its highest level in over six weeks on Wednesday, as the token moved past a key price ceiling. Today’s move comes despite cryptocurrency markets mostly trading lower, ahead of the Federal Open Market Committee (FOMC) meeting. Unus sed leo (LEO) was also higher, climbing for a ninthContinue Reading
The world’s largest bitcoin options exchange, Deribit, was hacked for close to $28 million, according to an update from the company’s official Twitter account on Nov. 2. Deribit says that the firm’s hot wallet was drained just before midnight the day prior. Crypto Derivatives Exchange Deribit Loses $28 Million —Continue Reading
U.S. equities rallied following the FOMC’s 75 bps hike in interest rates, only to crash as Fed Chair Powell hinted at higher-than-expected terminal rates. The Federal Open Markets Committee, the U.S. central bank’s body responsible for setting monetary policy, raised interest rates by 75 basis points on Wednesday for theContinue Reading
The response to the dollar-based debt that rules the modern financial system was ghost money — but bitcoin is its true replacement. This is an opinion editorial by Ansel Lindner, an economist, author, investor, Bitcoin specialist and host of “Fed Watch.” Ghost money has a long history but only recentlyContinue Reading
Underlying disinformation exposed during Greenpeace USA’s “Change The Code” campaign only served to rally the Bitcoin community. This is an opinion editorial by Daniel Batten, a Bitcoin ESG analyst, climate tech investor, author and environmental campaigner. Growing up in the ’70s, our local council tried to put a rubbish tipContinue Reading
