In a surprising turn of events, PayPal, the global online payments giant, reportedly overpaid a staggering $510,750 on a Bitcoin transaction fee. The incident, initially thought to be a “fat-fingered” mistake, has now been traced back to an issue within PayPal’s processing system, according to a report by Mempool’s Mononautical. This is the largest fee ever paid […]

The cryptocurrency market has experienced significant turbulence over the past week, with a rapid decline and subsequent rebound in prices leading to a staggering $256 million in liquidation losses. This tumultuous period has left traders and investors on edge, seeking clarity amidst the chaos. According to data from Coinglass, the initial wave of liquidations occurred […]

In a recent development, the correlation between Bitcoin’s price and its implied volatility has taken a surprising turn. According to data from Velo, the 60-day trailing correlation between BTC’s price and its implied volatility turned negative in the second week of September. By the morning of September 12th, this correlation had plummeted to -0.29. This […]

Movement Labs said it raised  $3.4 million in pre-seed funding to boost the security and adoption of its Web3-based Smart Contract Language, Move. According to a Sept. 13 statement shared with CryptoSlate, Move is a programming language with embedded safeguards that protects projects from common attack vectors like reentrancy that have cost the industry billions […]

Aside from the use cases, another thing that makes a crypto project come across as successful is how happy it makes investors. Injective Protocol (INJ) and Conflux (CFX) have seen over a 400% rise in price this year, as Borroe.Finance ($ROE) passes the $900,000 mark in its presale. The Borroe.Finance stride Borroe.Finance ($ROE) is an […]

U.S. interest rates are back on the rise, but digital assets appear to be unaffected. It appears crypto investors have been enjoying time away from the trading desk during the late summer months. With some exceptions (a flurry of excitement around potential bitcoin spot ETFs and trading enforcing upper and lower price support levels), they […]

A leading U.S. regulator has recently proposed the establishment of a federal registry. This initiative aims to simplify the process for investors and law enforcement agencies to access information on previous financial fraud convictions and civil penalties. Christy Goldsmith Romero, a commissioner of the Commodity Futures Trading Commission (CFTC), voiced her support for the creation […]

Bittrex filed for bankruptcy in the U.S. in May 2023 (Flickr/Alpha Photo)Bittrex, which filed for bankruptcy in May, could be left in profit as customers aren’t claiming their money The U.S. Secret Service was a major client with millions in the crypto exchange NOW PLAYING Franklin Templeton Enters Spot Bitcoin ETF… Sam Bankman-Fried’s Lawyers Push […]

The post Movement Labs Raises $3.4m for Blockchain Network Using Move Language! appeared first on Coinpedia Fintech News Blockchain infrastructure startup Movement Labs has raised $3.4 million in a pre-seed funding round to launch a network of blockchains based on the Move smart contract development language, according to a statement. Investors in the round included […]

Singapore, Singapore, September 13th, 2023, Chainwire Huobi, the world’s leading virtual assets exchange, today announced at TOKEN2049 that it will rebrand to HTX. As a platinum sponsor, HTX was invited to attend the event and launched an afterparty co-hosted with TRON, with other supporting partners like Enjin, SINOHOPE, Meta Era, Alibaba Cloud, DWF Labs, Fireblocks, […]