Crypto News

Bitcoin Drops 2% on Hotter-Than-Expected U.S. Inflation

The CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto.Source link

Fordefi Raises $10M to Make Crypto Safer With Institutional-Grade Wallet to Retail-Facing Platforms

The company has onboarded institutional investors such as Pantera Capital, DeFiance Capital, Keyrock and Flare Network to its MPC wallet, and secured over $3 billion in blockchain transaction volume.Source link

Ledger Users Can Now Buy Assets From Coinbase—Without First Transferring Assets Out of Their Wallet

The integration means Ledger Live users can purchase assets from Coinbase without first having to transfer crypto off their hardware wallet.Source link

SEC Chair Gary Gensler Addresses X Account Hack and Security Measures

The SEC's X account was compromised on January 9, 2024, causing market fluctuations and highlighting cybersecurity concerns. The SEC is working with law enforcement to investigate. (Read More)Source link

Bitcoin Braces for Record Difficulty Surge Ahead of Retarget as Miners Push Network to New Heights

Scheduled for Feb. 15, 2024, the upcoming Bitcoin difficulty retarget is poised to mark a notable upswing in the network. Current projections forecast an estimated difficulty surge ranging from 8.45% to 9.2%, setting the record for the steepest increase of 2024 thus far. Bitcoin Difficulty Poised for a Steep Increase This week, bitcoin (BTC) miningSource link