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Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He’ll Testify When He’s Ready

[ad_1] Congresswoman Maxine Waters, chair of the House Committee on Financial Services, has politely asked former FTX CEO Sam Bankman-Fried (SBF) to attend a congressional hearing on the collapse of his cryptocurrency... Read more »

ConstitutionDAO set to buy the US constitution again with private multisig

[ad_1] ConstitutionDAO has resurfaced to push through its mission of purchasing the last original printed copy of the U.S. constitution which is set to be auctioned by Sotheby’s on Dec. 13. About... Read more »

Bitcoin on-chain data shows 5 reasons why the BTC bottom could be in

[ad_1] After a whirlwind November for Bitcoin (BTC), certain on-chain and Bitcoin price metrics are suggesting that BTC’s bottom could occur in December. In Capriole Investments’ latest report, they provide analysis on... Read more »

Court in China Recognizes NFTs as Virtual Property Protected by Law

[ad_1] A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a... Read more »

Bitcoin Adoption on the Rise in Africa: A Discussion on the Lightning Network and Mining Technology – BitTalk #1

[ad_1] The first episode of the “Bit Talk” podcast discusses recent developments in the world of Bitcoin. Hosted by Akiba and James from CryptoSlate as well as Bitcoin pioneer Nick from Mercury... Read more »

Bitcoin clings to $17K as ARK flags ‘historically significant capitulation’

[ad_1] Bitcoin (BTC) and decentralized blockchains are “as strong as ever” in the wake of the FTX meltdown, ARK Invest says. In the latest edition of its monthly newsletter, “The Bitcoin Monthly,”... Read more »

Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022

[ad_1] On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current difficulty is approximately 34.24 trillion and... Read more »

Nexus Mutual expects $3M loss from Orthogonal Trading’s M11 loan default

[ad_1] Following Orthogonal Trading’s M11 loan default, decentralized insurance protocol Nexus Mutual has moved to withdraw all its assets from Maple Finance, as it expects to take a loss of roughly $3... Read more »

Silvergate CEO calls out ‘short sellers’ spreading misinformation

[ad_1] Silvergate Capital CEO Alan Lane has slammed “short sellers” and “other opportunists” for spreading misinformation over the last few weeks — just to score themselves a quick buck.  In a Dec.... Read more »

US Senator: Bitcoin Is a Commodity — ‘There Is No Dispute About This’

[ad_1] U.S. Senator John Boozman says bitcoin, although a cryptocurrency, is a commodity in the eyes of the federal courts and the Securities and Exchange Commission (SEC) chairman. He stressed that exchanges... Read more »