Did a fake Satoshi infiltrate traditional finance and even find their way into an SEC meeting? Twitter is reeling in hilarity this week in our latest retrospective exploration into an old 2017 SEC meeting that supposedly featured the ever-so-elusive Satoshi Nakamoto and Tim Draper. The only problem? It seems that venture capitalist Draper was duped […]
IRS rules weren’t ready for the Ethereum upgrade. It’s unlikely to become the fiasco that taxpayers experienced when Bitcoin forked in 2017, but there are measures they can take to prepare for whatever the IRS decides. After much buildup and preparation, the Ethereum Merge went smoothly this month. The next test will come during tax More
The post Tax on income you never earned? It’s possible after Ethereum’s Merge appeared first on BTC Ethereum Crypto Currency Blog.
An Ethereum-based crypto project is quietly outshining other digital assets as markets turn green on a relief bounce. Veritaseum (VERI) is a global blockchain-based software that aims to provide access to peer-to-peer financial marketplaces. Veritaseum offers a suite of various products, including a forensic research tool, a lending or “rental” platform, and a tokenization service. […]
The post Altcoin Built on Ethereum Erupts 75% in Three Days Following Patent Infringement Lawsuit With Coinbase appeared first on The Daily Hodl.
Leading members of the Cosmos (ATOM) community have unveiled a whitepaper for a redesigned Cosmos Hub, which is the technology at the center of its ecosystem. According to the whitepaper, the new Cosmos Hub aims to drive the growth of the Cosmos Network as it transitions toward becoming a secure and holistic platform that allows […]
The post Cosmos Community Publishes New Whitepaper for Highly-Anticipated Upgrade That Revamps ATOM appeared first on The Daily Hodl.
A data-crunching robot with a reputation for outperforming the markets just unveiled its latest weekly crypto portfolio allocations. The Real Vision Bot interprets surveys of cryptocurrency-related metrics to create fresh algorithmic portfolio assessments each and every week. The automated bot with a reputation for outdoing Bitcoin (BTC) is choosing altcoins over the king crypto in […]
The international policing organization Interpol is officially requesting that law enforcement worldwide help locate and arrest the embattled Terra (LUNA) founder Do Kwon, according to a new report. Bloomberg notes that South Korean prosecutors in Seoul confirmed Interpol has placed a “red notice” on Kwon. The prosecutors requested the action earlier this month after claiming […]
The post Prosecutors Say Embattled Terra (LUNA) Founder Do Kwon Now on Interpol Red Notice: Report appeared first on The Daily Hodl.
A widely-followed Bitcoin (BTC) analyst is warning traders to remain calm as a significant number of altcoins begin to rise. Jason Pizzino tells his 276,000 YouTube subscribers it would be wise to hold on to their shorts and avoid FOMO. “[Let’s] try and keep our pants on right now. Don’t start getting all premature on […]
The post Five Crypto Assets Surge 10% or More As Bitcoin Analyst Urges Traders To Keep Their Pants On appeared first on The Daily Hodl.
Voyager Digital has officially completed it’s auction for acquisition, with powerhouse exchange FTX securing the winning bid, according to emerging reports (and confirmed via press release) in recent hours. Reports in recent weeks had stated that the flagship exchange was in the bidding mix with competitors Binance and CrossTower, with all three supposedly in the final running for Voyager’s assets – and each of which were supposedly offering unique packages in the bidding process. With FTX coming out on top, let’s take a look at what sort of implications can lie from this acquisition moving forward. FTX & Acquisitions FTX has long sought a ‘growth by acquisition’ model with mixed results. The firm is currently in the process of working through an acquisition of CeFi crypto lender BlockFi, which sought to avoid the same fate as competitor Celsius. FTX’s U.S. division is looking to acquire BlockFi, and can now add Voyager Digital to it’s list of new assets to build the FTX rolodex. While the aforementioned Binance and lesser-known exchange CrossTower were reportedly in the mix, it was FTX who came out with the most appetizing bid – despite rumors that Binance’s offer included a large cash sum payment. Rumors had swirled in recent days around the deal’s closing, with commentators suggesting that FTX would shell out $50M in cash in it’s bid, and that the company desired that existing Voyager customers were moved over the FTX platform – where they could claim a pro rata share of the coins the debtors possess from the existing Voyager accounts. It remains to be seen if and how that will play out. According to the press release, FTX’s winning bid is valued at roughly $1.4B. Voyager Digital (VOYG) is traded on OTC market, TSX, and has seen value dilution commensurate with the platform’s downfall. | Source: TSX: VOYG on TradingView.com Related Reading: Why Investing In Terra Classic (LUNC) May Be A Bad Idea Where Things Go From Here The closing of the deal will allow FTX to finalize acquisition of Voyager’s assets, but the timeline around these processes is still murky. Voyager can now still move forward with it’s Chapter 11 filing and look to reconcile debtors and former customers to some degree – but certainly not wholly. Nonetheless, FTX will see all of Voyager’s assets and customer accounts moved under their umbrella. The move is likely seen as a win for FTX, who submitted a bid attempt for Voyager Digital back in July with no traction. Related Reading: Binance Coin Could Be Set For A Litmus Test, Eyes $280 Featured image from Pexels, Charts from TradingView.com The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice. This op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike.
A widely followed crypto analyst is predicting an abrupt rally for a trio of digital assets fueled by short sellers. Crypto strategist Michaël van de Poppe shares to his 628,000 Twitter followers a tweet by financial researcher Jason Goepfert. According to Goepfert, retail traders have spent $18 billion on put options and accumulated $46 billion […]
The post Top Analyst Says Short Squeeze Incoming, Predicts Rallies for Bitcoin, Ethereum and Chainlink appeared first on The Daily Hodl.
As many bitcoin mining firms struggle to remain operational, CleanSpark is poised to emerge from this bear market stronger than ever.
Terra Classic (LUNC), the remnants of a former top 5 crypto project, is rallying hard on the news that Binance will be implementing a fee-burning mechanism in support of a LUNC community proposal. Terra Classic is the rebranded version of Terra (LUNA), the project that wiped out over $40 billion in market cap after essentially […]
The post Terra Luna Classic (LUNC) Explodes Over 82% After Binance Implements New Fee Burn System appeared first on The Daily Hodl.
The issuer of the largest stablecoin by market cap is announcing the launch of the dollar-pegged crypto asset on Ethereum (ETH) challenger Polkadot (DOT). In a new company blog post, USDT issuer Tether says the top stablecoin is now available on the Polkadot blockchain as a means of increasing its presence in decentralized ecosystems. According […]
The post USDT Issuer Tether Announces Launch of Top Stablecoin on Polkadot (DOT) Blockchain appeared first on The Daily Hodl.
The role includes “full product life cycle legal advice and support for global NFT products,” among other responsibilities.
Apple is adding standardizing acceptance of NFT-based apps to be available on the Apple App Store. However, the company is including their standard 30% transaction fees for all transactions, a mechanism that many NFT firms argue is unreasonable and simply not feasible for their existence in the store. Let’s take a look at why this […]