Talk of SEC subpoenas rises at New York crypto event as regulatory monitoring grows
An attendee tweeted Monday morning, amid the hustle and bustle of the Mainnet 2021 crypto conference in New York, that he had seen an event speaker getting “served by the SEC” before they were supposed to take the stage. The article sparked conjecture regarding the legitimacy of the story, the recipient of the supposed subpoena, […]
Solana foundation says last week’s downtime was a Denial of Service Attack
After initially pegging the cause of the downtime “resource exhaustion”, the Solana Foundation said that the flood of transactions caused by bots was “in effect, a denial of service attack.” Solana struck a severe barrier last week when its blockchain network remained unavailable for more than 17 hours starting on September 14, after weeks of […]
Newsweek poll shows that 37% of Texas residents want crypto payments
According to a recent poll, as many as 10.8 million Texans may vote in favour of legislation making cryptocurrencies legal in the upcoming election, showing they may as well want to follow in the footstep of El Salvador. According to a Newsweek study conducted among more than 9,700 eligible voters in ten U.S. states on […]
Bitcoin does not appear to be an inflation hedge at this time, According to Chainalysis
Many investors, despite the lack of a statistically significant association between inflation and Bitcoin values, continue to view the asset in this manner. According to data from the blockchain analytics firm Chainalysis , Bitcoin (BTC) may not be the inflation hedge that many people perceive it to be at this time. According to Chainalysis‘ head […]
Institutional cryptocurrency assets increased for the sixth week in a row
Institutional investors increase their crypto holdings for five weeks straight, indicating that market players are once again bullish on Bitcoin (BTC) and the major altcoins despite the recent selloff in the crypto markets. According to digital asset management CoinShares, investment flows into crypto goods totalled $42 million in the week ending September 19, with $15 […]