‘It’s about to get very interesting,’ says Bitcoin stock-to-flow model creator

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PlanB, the man behind the widely-referenced stock-to-flow Bitcoin (BTC) value charts, described exciting times ahead for the asset.  "We're four months after the halving, and it's about to get very interesting," anonymous Twitter analyst PlanB said in a Sept. 4 podcast interview with...

A new decentralized exchange lets users trade commodity and crypto derivatives

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Fetch.ai is launching Mettalex, a decentralized exchange that allows its users to trade commodity and crypto derivatives. The users will be able to gain exposure to traditional crypto trading pairs as well as commodities like gold, silver, cobalt, oil,...

Chinese mining giant Canaan announces $10 million share buyback

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Canaan, China’s major cryptocurrency mining company, will soon launch a $10 million share repurchase program.On Sept. 8, the Nasdaq-listed company officially announced that its board of directors has  authorized a share repurchase program to repurchase up to $10 million...

Major Chilean bank shuts down all branches following ransomware attack

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Banco Estado, the only public bank in Chile and one of the three largest in the country, had to shut down its nationwide operations on Monday due to a cyberattack that turned out to be a ransomware launched by...

Was Tim Draper’s support of BCH the result of a hack?

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Tim Draper, a famous American venture capitalist and serial cryptocurrency investor, might not have promoted Bitcoin Cash after all.A hacker appears responsible for a Sept. 4 tweet from Draper stating that he had recently purchased Bitcoin Cash (BCH) that...

Ransomware hackers shut down Argentina’s borders, demand $4M BTC

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Government officials in Argentina are refusing to negotiate with a ransomware group that forced them to briefly close all immigration checkpoints on Aug. 27.According to a Sept. 6 report on Bleeping Computer, a group of Netwalker ransomware hackers breached...

Blockstream’s Liquid pushes for DeFi with new decentralized exchange

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A decentralized exchange built on the Liquid network is opening for early access on Monday.Called TDEX, the project has announced its entry into an Open Alpha stage. It’s being built by Sevenlabs — a firm that provides consulting and...

‘Bitcoin Pope’ faces up to 10 years in jail for running two crypto scams

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A securities regulator in the United States, the Texas State Securities Board (TSSB), has detected another batch of alleged cryptocurrency scams.On Sept. 3, Texas Securities Commissioner Travis J. Iles entered an Emergency Cease and Desist Order against two alleged...

How to provide liquidity to cryptocurrency exchange

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A trading venue’s liquidity represents how easily a trader can use the platform to exchange one asset for another. If a trader sends a market order to buy or sell an asset and the venue can’t find enough buy...

DeFi experts say that Ethereum 2.0 is not the answer to high gas fees

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High gas fees for transactions on the Ethereum blockchain are at record highs amid the decentralized finance hype that has attracted many new users to get on board on the Ethereum network.DeFi experts and computer scientists got together on...

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India Plans to Tax Income From Bitcoin Investments: Report

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India-based investors may soon have to pay taxes on returns earned from bitcoin investments.The country’s income tax authority is tracking investors making money amid...