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Crypto exchange urges investors to take ‘long-term’ view while results suggest feverish dealings have cooled

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One of the key principles of smart investing is: Never invest in anything you don't understand.

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Shortly after achieving these astronomical new heights, Bitcoin’s price fell back toward $62,700 before recovering slightly to around $64,500, while most altcoins endured near double-digit losses.
Gas shortages at the pumps have spread from the South, all but emptying stations in Washington, D.C., following a ransomware cyberattack that forced a shutdown of the nation’s largest gasoline pipeline.

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Jed McCaleb helped spread Bitcoin’s prominence in the industry’s early days as a result of starting Mt. Gox, a place that frequently hosted Bitcoin trading — despite its original function as a hub for fans of a game called Magic: The Gathering. However, it was rendered infamous when the platform fell apart in 2014.

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    ST. MARTIN, Miss. (AP) — A south Mississippi church is allowing parishioners to give offering or pay tithes using cryptocurrency.

    Digital token named after Elon Musk’s dog funds ‘full out marketing assault’ with fee on purchases Opinion & Analysis
    And that, we regret to inform you, has led to some rather silly thinking (highly unusual in the crypto community, we know), specifically of the chart-crime variety:

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    “Good thing Americans are forced on to these dogshit exchanges where they can get completely scammed on unreasonably thin books. This type of shit just shouldn’t be happening. It’s not fair that some get stopped out and some stay in, some get fills and some don’t.”BTC/USD 1-hour candle chart (Binance). Source: TradingView

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    There are thousands of different cryptocurrencies available today. The most popular — and the original — is Bitcoin, which was created in 2009. Other common cryptocurrencies include Ethereum, XRP, and Bitcoin Cash. Each of these currencies serves a different purpose, with some optimized for use in place of cash, and others designed for private, direct transactions.

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    CryptoSlate EdgeNewsletterTelegramTwitterInstagramAboutAdvertisingDisclaimersFAQMediaSupport $500 million in longs liquidated yesterday as Bitcoin fell $4,000 Shaurya Malwa · 6 hours ago · 1 read Hedera Network will soon see its first DeFi project Shaurya Malwa · 1 hour ago · 1 read This mobile eSports platform is using NFTs as prizes within its ecosystem News Desk · 2 days ago · 2 min read Gamer chatroom Discord is testing out Ethereum (ETH) integrations Ana Grabundzija · 1 day ago · 2 min read

    Hut 8 Achieves Third Consecutive Record-Breaking Quarterly Revenue in Q3-2021; Surpasses 5,000 Bitcoin Held in Reserve
    Brian Shroder, who was previously an executive at Ant Group Co. and Uber Technologies Inc., will oversee the crypto exchange’s strategy, execution, fundraising, business and corporate development, and manage its legal, human resources and product and technology functions, the company said in a statement. Brian Brooks, who had been CEO, resigned recently just months into his tenure amid a slew of compliance setbacks and regulatory scrutiny tied to the crypto exchange’s sister company.

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    Bitcoin ETFs, once considered a pipe dream, are now a reality giving investors more avenues to invest in cryptocurrency.

    — Mary Elizabeth Gately is representing the king at a rate of $1,335 per hour, according to a copy of the contract submitted to the department that was dated Sept. 20 and signed on Sept. 29, days before the consortium published a series of reports on Sunday. The king was just one of hundreds of global elites whose financial secrets were included in the Pandora Papers, the consortium’s latest trove of documents, though his attorneys denied to the ICIJ that he had done anything improper by purchasing the homes through offshore companies.
    While still on the tokenomics, 4% of the 12% fee is automatically distributed to the token holders every 60 minutes in BNBs. Such active income is attracting many investors, and in the process, increases Bitrise coin market cap.

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When formed by real members instead of bots—we’ll get to that in a second—these communities are unofficial and unpaid public relations departments continually working in favour of the reputation of the projects they support.

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The White House signaled that the US will gather 30 other countries to discuss responses to cybercrime.

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Meanwhile, even the most enthusiastic bitcoin evangelists are realizing that a retooling is in order. Michael J. Casey, a senior adviser for blockchain research at MIT’s Digital Currency Initiative, recently wrote about how the crypto-winter has arrived, but it may lead to better things down the line:

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Mining computers select pending transactions from a pool and check to ensure that the sender has sufficient funds to complete the transaction. This involves checking the transaction details against the transaction history stored in the blockchain. A second check confirms that the sender authorised the transfer of funds using their private key.

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