Opinion by: Merav Ozair, PhD Technology is advancing at the speed of light today more than ever. We have surpassed Moore’s law — computational power is doubling every six months rather than every two years — while regulations are, and have been, playing catchup. The EU Artificial Intelligence Act just came into force in August … Read more
Ethereum’s native token, Ether (ETH), witnessed its lowest weekly close since November 2023, highlighting just how much the top altcoin has struggled over the past few months. Ethereum 1-day chart. Source: Cointelegraph/TradingView In the past 83 days, it declined by 51%, translating to an average daily loss of approximately 0.61%. If the losses are compounded … Read more
The cryptocurrency market erased all gains from President Trump’s US Crypto Strategic Reserve announcement, plunging by over 14.7% in seven days to reach $2.7 trillion on March 10. Top cryptocurrencies and their 24-hour performances. Source: Coin360 Several factors have contributed to the latest drop in crypto prices, including: Trump’s acknowledgement that his policies will cause … Read more
What are coin mixers, and how are they used in high-profile hacks? Crypto mixers, or tumblers, are basically smart contracts used to hide the origin of crypto transactions. Hackers send their cryptocurrency to a mixer’s address. The mixer blends the crypto with coins sent by other users, thereby concealing the identity of each contributor. Subsequently, … Read more
XRP (XRP) price has recovered from its low of $1.94 reached on Feb. 28, but it’s still trading below a key resistance zone. Will XRP’s price drop further in the coming days? XRP/USD daily chart. Source: Cointelegraph/TradingView XRP price must hold above $2.00 Today’s drop in XRP price is part of a correction that began … Read more
Bitcoin (BTC) starts the second week of March at a bearish crossroads as new multimonth lows get closer. Traders and analysts agree that little stands in the way of a $78,000 retest as BTC/USD seals its worst-ever weekly candle. CPI and PPI are due as markets enter a broad risk-off phase and stocks’ futures tumble. … Read more
An Ethereum developer says the recent Pectra upgrade of the Sepolia testnet ran into errors, which was made worse after an attacker used an “edge case” to cause the mining of empty blocks. Pectra rolled out on its final testnet, Sepolia, at 7:29 am on March 5, but Ethereum developer Marius van der Wijden said … Read more
Online trading platform Robinhood has agreed to pay $29.75 million to settle several probes from the Financial Industry Regulatory Authority (FINRA) related to the company’s supervision and compliance practices. The settlement figure consisted of a $26 million civil fine and $3.75 million restitution to customers, FINRA said on March 7. Robinhood failed to “respond to … Read more
A weakening US dollar could be bullish for Bitcoin, but two metrics could be cause for concern in the short term, according to Real Vision crypto analyst Jamie Coutts. “While my framework is turning bullish as the dollar plunges, two metrics still raise alarms: Treasury Bond volatility (MOVE Index) and Corporate Bond spreads,” said Coutts … Read more
The US Department of Housing and Urban Development is reportedly looking to experiment with using blockchain and a stablecoin for some of its functions. The department, whose duties include overseeing social housing, has so far discussed the possibility of using blockchain to monitor grants, ProPublica reported on March 7, citing a meeting recording, documents and … Read more