Author: Michael Johnson

Buenos Aires has launched a digital identity service called QuarkID that uses zero-knowledge proofs The service enables privacy by verifying documents without revealing personal data QuarkID will expand nationally, with pilots in other Argentinian regions underway The city of Buenos Aires has unveiled a ground-breaking digital identity service called QuarkID, aimed at enhancing residents’ privacy through advanced cryptographic technology known as zero-knowledge proofs. Integrated into the miBA app, a platform that has facilitated access to municipal services for the past seven years, QuarkID seeks to give approximately 3.6 million people greater control over their personal information. Zero-knowledge proofs allow users…

Ethereum price traded near $2,600 as crypto experienced a brief lull. A CryptoQuant analyst says ETH could witness a short squeeze, but points to $2.7k as key resistance. Ethereum traded to near $2,750 on Monday, Oct. 21, rising amid broader gains for the crypto market as Bitcoin shot past $69,000. However, with BTC dipping, the ETH price followed suit and tested support near $2,600 on Oct. 22. The price of Ethereum has returned above $2,620, and a CryptoQuant analyst says the top altcoin could see a short squeeze scenario. According to Shayan B, this outlook results from the rising leverage.…

Consensys cuts 20% of its workforce due to economic and regulatory challenges. CEO Joe Lubin criticizes the SEC’s actions as a harmful “abuse of power.” The company aims to enhance decentralization and evolve into a “Network State.” Consensys, a pioneering force in blockchain technology and a primary supporter of the Ethereum network, recently announced a reduction of 20% in its workforce. Affected employees will receive severance packages, extended healthcare benefits, and outplacement services to support their transition. The decision stems from a combination of challenging macroeconomic conditions and increasing regulatory pressure in the cryptocurrency sector, with Consensys’ leadership pointing to…

MrBeast allegedly made $23 million from insider trading in crypto projects He reportedly used 50 wallets to promote and dump tokens, misleading investors Evidence includes a publicly shared Ethereum address linked to $13 million in trades YouTube sensation MrBeast, known for engaging content and 320 million subscribers, faces serious allegations related to cryptocurrency trading. A group of blockchain investigators claims that MrBeast, whose real name is James Stephen “Jimmy” Donaldson, profited significantly from questionable crypto deals. This included a staggering $23 million from what they describe as insider trading. MrBeast investigation by Loock.io According to findings from advisory firm Loock.io…

Bitcoin’s upward trajectory follows Donald Trump’s presidential win last week Over the past 30 days, Bitcoin has increased in value by more than 30% Institutional interest is rising with Bitcoin ETFs, noted by BlackRock’s IBIT ETF reaching $1.12 billion in daily inflows Bitcoin has hit another record, reaching over $82,000 on Monday, boosted by Donald Trump’s re-election to the White House last week. According to data from CoinMarketCap, Bitcoin’s value has risen more than 19% in the past seven days and 30% over the past 30 days. Taking to X, Anthony Pompliano, host of the Pomp podcast, said: “The first…

JustGiving now accepts over 60 cryptocurrencies for people to donate with 94% of crypto users are Millennials and Generation Z More than $2 billion has been donated to charitable causes over the past five years UK-based fundraising platform JustGiving is teaming up with The Giving Block, a digital asset company, to start accepting crypto donations. JustGiving now allows users to donate in more than 60 cryptocurrencies, including Bitcoin, Ethereum, Tether, and Doge, according to a report from UK Fundraising. The move comes as the crypto market is experiencing a surge in value, with Bitcoin recording a new all-time high of…

dtcpay has announced that it will be shifting its payment services to stablecoins only effective 2025 The Singapore-based platform will phase out Bitcoin and Ethereum by the end of the year Singapore-based payment institution dtcpay will no longer be supporting Bitcoin and Ethereum as payment modes. The licensed payment platform said the move will be effective in 2025, according to a report from Fintech News. It only intends to support stablecoins and fiat currency payment modes. The move focuses more on the stability of stablecoins and fiat currency rather than the volatile nature of crypto. Business operators and consumers are…

dtcpay has announced that it will be shifting its payment services to stablecoins only effective 2025 The Singapore-based platform will phase out Bitcoin and Ethereum by the end of the year Singapore-based payment institution dtcpay will no longer be supporting Bitcoin and Ethereum as payment modes. The licensed payment platform said the move will be effective in 2025, according to a report from Fintech News. It only intends to support stablecoins and fiat currency payment modes. The move focuses more on the stability of stablecoins and fiat currency rather than the volatile nature of crypto. Business operators and consumers are…

dtcpay has announced that it will be shifting its payment services to stablecoins only effective 2025 The Singapore-based platform will phase out Bitcoin and Ethereum by the end of the year Singapore-based payment institution dtcpay will no longer be supporting Bitcoin and Ethereum as payment modes. The licensed payment platform said the move will be effective in 2025, according to a report from Fintech News. It only intends to support stablecoins and fiat currency payment modes. The move focuses more on the stability of stablecoins and fiat currency rather than the volatile nature of crypto. Business operators and consumers are…

The ongoing bull cycle has caused a notable rise in activity in the crypto market. For Bitcoin, CryptoQuant projects a $146,000 cycle high. In the meantime, the firm predicts Ethereum to follow a historical pattern in its MVRV Ratio to enter a second bull market. Despite the positivity in the top two cryptocurrencies, a growing number of investors are rushing into Rexas Finance instead. At just $0.125, many analysts believe this undervalued crypto could lead the next bull market run. CryptoQuant Projects $146,000 for Bitcoin Cycle Peak According to crypto-analytic outfit, CryptoQuant, Bitcoin’s price cycle could peak at around $146,000.…