Altcoin News
Altcoin News

Bitcoin’s water consumption: A new environmental threat?

  • by
  • December 13, 2023

New studies have examined the water consumption of Bitcoin, with alarming results. Bitcoin, the world’s leading cryptocurrency, has long been under scrutiny for its environmental impact due to the energy-intensive nature of its mining process.  Since its inception in 2008, Bitcoin has never been hacked. Its tight security, provided by its proof-of-work (PoW) consensus mechanism, […]

Read More
Altcoin News

Dutch exchange Bitvavo cleared to operate in France

  • by
  • December 12, 2023

The Dutch cryptocurrency exchange Bitvavo is slowly expanding its reach after gaining regulatory approval in Austria and France. Netherlands-based cryptocurrency exchange Bitvavo is set to expand its services to French users after successfully registering as a digital asset service provider with France’s Autorité des Marchés Financiers (AMF). The expansion into France comes just weeks after […]

Read More
Altcoin News

Indexed Finance thwarts hijackers, set to compensate 2021 hack victims

  • by
  • December 11, 2023

In an X thread, Laurence Day, a former core contributor, detailed the efforts of the Indexed community in overcoming two hijacking attempts on the remaining treasury of the Indexed DAO. Indexed Finance, an Ethereum-based project that suffered a $16 million hack in 2021, has successfully thwarted two hijacking attempts. Control of the project’s decentralized autonomous […]

Read More
Altcoin News

Meta releases ‘Purple Llama’ AI security suite to meet White House commitments

  • by
  • December 10, 2023

Meta believes that this is “the first industry-wide set of cyber security safety evaluations for Large Language Models (LLMs).” Meta released a suite of tools for securing and benchmarking generative artificial intelligence (AI) models on Dec. 7. Dubbed “Purple Llama,” the toolkit is designed to help developers build safely and securely with generative AI tools, […]

Read More
Altcoin News

The SEC is facing another defeat in its recycled lawsuit against Kraken

  • by
  • December 5, 2023

The Securities and Exchange Commission is suing Kraken for selling cryptocurrencies, but it looks like a recycled version of a losing lawsuit. The legal duel between the United States Securities and Exchange Commission (SEC) and Kraken, a leading cryptocurrency exchange, looks like another misguided attempt by the SEC to exert control over an industry that […]

Read More
Altcoin News

HKEX-listed tech firm launches $15M Bitcoin fund

  • by
  • December 4, 2023

“The next step for the crypto market depends on a refresh of the Bitcoin network,” wrote founder Wang Feng. Linekong Interactive, a gaming and film production company headquartered in Beijing and listed on the Stock Exchange of Hong Kong (HKEX), is allocating $15 million to invest in projects building on the Bitcoin network. Wang Fang, the […]

Read More
Altcoin News XRP

Price analysis 11/13: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

  • by
  • December 3, 2023

Bitcoin opened the week with a shallow correction, but altcoin traders seem unaffected by the slight BTC price pullback. Bitcoin BTC $39,464 has risen more than 120% year-to-date, indicating that the crypto sentiment has improved significantly. Solid buying has resulted in a sharp increase in crypto wallets holding more than $1 million in Bitcoin this […]

Read More
Altcoin News

Binance-linked HKVAEX still preparing to apply for license in Hong Kong

  • by
  • November 29, 2023

HKVAEX and VAEXC are different crypto platforms in Hong Kong and have nothing to do with each other, a HKVAEX representative said. Hong Kong cryptocurrency exchange HKVAEX has not applied for a virtual asset trading platform license with Hong Kong’s Securities and Futures Commission (SFC), a spokesperson for HKVAEX has said. Amid multiple reports erroneously […]

Read More
Altcoin News

TradFi goes crypto: Finance giant brings decades of experience to new crypto exchange

  • by
  • November 27, 2023

MultiBank Group’s regulated crypto exchange, MultiBank.io, offers top-tier security and swift trade execution for major cryptocurrencies with free fiat deposits. The crypto world is volatile, with users steadily seeking a sense of trust and security. Now, a traditional finance giant, MultiBank Group, wants to change the global perception of crypto for the better with its […]

Read More
Altcoin News

Microsoft, Tencent and other tech giants join Decentralized Infura Network

  • by
  • November 27, 2023

Infura said the partnerships mark a major milestone in decentralizing and making its network more censorship-resistant. Microsoft, Tencent and 16 other Web2 giants have partnered with Consensys on its mission to decentralize the Infura network — the key point of access to Ethereum for much of the decentralized finance (DeFi) sector. The partnerships aim to […]

Read More
X