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  • About

Arnold Potts

Founder and Lead Editor of Coinfiend. Arnold loves all things blockchain.

The Impact of Instant Settlement on the Construction Industry: Exploring Logistics as the Next Industry in Focus

January 4, 2024 by Arnold Potts

the website. However, this method also comes with its own set of challenges. The delivery company has to handle cash, which increases the risk of theft or loss. Additionally, the retailer may face difficulties in reconciling the cash received with the corresponding …

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EU Banking Watchdog to Deepen Probe of Links Between Banks and Crypto Entities, Says Financial Times

January 3, 2024 by Arnold Potts

The European Banking Authority (EBA) is set to take additional measures to assess the potential impact of non-bank financial institutions (NBFIs), including cryptocurrency-related entities, on European Union banks. The move comes as concerns over contagion and the interconnectedness of financial firms continue …

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The Rise of Sei Network’s SEI Token: Over 75% Gains Driven by EVM-Compliant Blockchains and Parallelization Process

January 3, 2024 by Arnold Potts

The Sei Network’s SEI token has experienced significant growth in recent weeks, thanks to the rise in popularity of EVM-compliant blockchains and the parallelization process. The Sei Network, which was launched in August 2023, is a trading-focused blockchain that offers speed, low …

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Traders Predict 89% Chance of Bitcoin ETFs Going Live in the U.S. Within Two Weeks

January 3, 2024 by Arnold Potts

Traders on the decentralized prediction platform Polymarket are expressing confidence that one or more exchange-traded funds (ETFs) investing in bitcoin (BTC) will be launched in the United States within the next two weeks. Currently, shares of the contract “Bitcoin ETF approved by …

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Orbit Chain Loses $81 Million in Cross-Chain Bridge Exploit: Hackers Target Ethereum Vault

January 3, 2024 by Arnold Potts

Orbit Chain, a platform that facilitates communication and transactions across various blockchains, has suffered a significant loss of $81 million due to a hack that exploited the platform’s cross-chain bridge. The project confirmed the security breach in a post on X, revealing …

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Bitcoin Surpasses $45,000 for the First Time in 21 Months, Boosting Bitcoin-Adjacent Companies

January 3, 2024 by Arnold Potts

Shares of prominent bitcoin-adjacent companies rose in pre-market trading on Tuesday as the world’s largest cryptocurrency started 2024 by surpassing $45,000 for the first time in 21 months. Bitcoin (BTC) has added more than 7% in the last 24 hours to about …

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IOTA Network’s ShimmerEVM Enhances Cross-Chain Capabilities with LayerZero’s Technology

January 2, 2024 by Arnold Potts

IOTA Network’s ShimmerEVM is set to enhance its cross-chain capabilities by integrating LayerZero’s cross-chain messaging technology, according to developers. This integration will enable users to interact and transact across multiple networks, opening up new possibilities for the IOTA ecosystem. The initial connection …

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Cryptocurrency Users Lose Nearly $2 Billion to Scams and Hacks in 2023, Highlighting Ongoing Security Risks

January 2, 2024 by Arnold Potts

Cryptocurrency users suffered significant losses in 2023, with nearly $2 billion being lost to scams, rug pulls, and hacks. This amount is roughly half of what was lost in the previous year, indicating some improvement in security protocols. However, the industry still …

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The State of Crypto: What to Watch in the World of Crypto Regulations in 2022

January 2, 2024 by Arnold Potts

In the final edition of the State of Crypto newsletter for the year, the policy team discusses their focus on crypto regulations. With the upcoming year expected to be busy for the cryptocurrency industry, the team highlights the importance of staying informed …

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Barry Silbert Resigns as Chairman of Grayscale Investments, Mark Shifke to Take Over

January 1, 2024 by Arnold Potts

Barry Silbert, the chairman of Grayscale Investments, has resigned from his position and will be replaced by Mark Shifke, the chief financial officer of Grayscale owner DCG. The announcement came as Grayscale’s application to convert its Bitcoin Trust into a U.S. spot …

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