One of the largest US colleges has begun teaching students about Bitcoin

The professor said a “Programming Bitcoin” course will follow the first Bitcoin course, where students will learn how to “build a Bitcoin library from scratch.” Classroom adoption of Bitcoin and cryptocurrency courses continue to skyrocket, with Texas A&M now being the latest U.S. College to offer a Bitcoin course to some of its 74,000+ students. The news was announced on…

Alameda Research had a $65B secret line of credit with FTX: Report

Sam Bankman-Fried ordered Gary Wang, FTX co-founder, to open the alleged credit line financed by the exchange’s customers. Former FTX CEO Sam Bankman-Fried (SBF) reportedly ordered Gary Wang, co-founder of the crypto exchange, to open a $65 billion “secret backdoor line of credit” for Alameda Research, according to FTX attorney Andrew Dietderich.  The attorney disclosed the information during a Delaware…

Polygon primed for hard fork aimed at reducing gas fee spikes: New details revealed

Polygon told Cointelegraph that the hard fork will take effect at block 38,189,056, which will be initiated without the influence of centralized actors. Ethereum layer-2 scaling solution Polygon will undergo a hard fork on Jan. 17 in order to address gas spikes and chain reorganizations issues that has affected user experience on the Polygon proof-of-stake (POS) chain.  Polygon officially confirmed the hard…

Former FTX US President lashes out at ‘insecure’ SBF in 49-part Twitter thread rant

FTX : Harrison said Bankman-Fried threatened to fire him on the spot and would destroy his professional reputation if he continued to confront the former FTX CEO. Former FTX US President Brett Harrison has lashed out at Sam Bankman-Fried for manipulating and threatening colleagues who proposed solutions to reorganize FTX US’ management structure.  Harrison shared his experiences with Bankman-Fried and FTX US…

Bitcoin price wants to retest 2017 all-time high near $20K — Analysis 

BTC price action knocks out resistance levels as $20,000 gets ever closer, but not many are convinced that the Bitcoin bull run will last much longer. Bitcoin  BTC  $19,283  stayed near $19,000 at the Jan. 13 Wall Street open as traders hoped a week of swift gains would stick. BTC price “breakout or fakeout remains to be seen” Data from Cointelegraph Markets…

FTX allowed by bankruptcy judge to sell LedgerX, other assets

The FTX assets that will be sold include the derivatives platform LedgerX, the stock-clearing platform Embed, and its regional arms FTX Japan and FTX Europe. The judge in charge of overseeing the FTX bankruptcy proceedings has given the embattled crypto exchange the approval to sell some of its assets to aid its efforts in repaying its creditors.  According to a…

Bitcoin and Ethereum gave back their gains, but has anything actually changed?

Bullish crypto momentum fizzled after Fed Chair Powell poured cold water on investors’ hopes that a positive CPI report would trigger a trend change, but higher time frames remain interesting.  Crypto markets threw a nice head fake this week by rallying into resistance on a “positive” Consumer Price Index (CPI) report, before retracing the majority of those gains right after Federal Reserve…

Why is Bitcoin price up today?

Bitcoin price is up today after the stock market’s start-of-year rally continued and as investors hope this week’s CPI report will show a reduction in inflation. Bitcoin price is up on Jan. 9, and a market-wide rally in crypto prices has some investors hopeful that the year-to-date high at $17,348 is a sign that BTC  $18,103 has bottomed.  After th continuation…

Crypto companies aim to build trust within future products and services

Companies are taking new approaches to building trust within Web3 and crypto products.  The cryptocurrency ecosystem underwent a turbulent year in 2022. Criticism inside and outside of the crypto industry was fueled following the collapse of FTX, Celsius, Three Arrows Capital and the Terra ecosystem.  A number of losses have been recorded from these events. Blockchain analytics firm Chainalysis released…