AVAX price rallies after Avalanche development incentive and mainnet upgrade announcement
A $40 million developer incentive and upcoming mainnet upgrade translated to price upside for AVAX.
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Retail CBDCs bring unknown ‘consequences’ to financial system: IMF director
The IMF's Kristalina Georgieva said wholesale CBDCs, on the other hand, have “fairly little space for undesirable surprises.” 495 Total views 26 Total shares Own this piece of history Collect this article as an NFTA myriad of unforeseeable “consequences” will be brought about by retail central bank digital currencies (CBDCs), the managing director of the…
Cryptocurrency Mining Firm Argo Blockchain Increases its Hashrate
Cryptocurrency mining firm Argo Blockchain is reportedly increasing its hashrate as the company’s stock price soars.An aggressively expanding mining firmUnited Kingdom-based business news outlet ProactiveInvestors reported on Aug. 27 that crypto mining company Argo Blockchain is expanding its mining capabilities after its stock price registered a sharp increase in the past months. Per the report,…
Mark Zuckerberg’s stablecoin project Diem officially shuts down
Meta, formerly branded as Facebook, has officially announced the closure of its digital currency project Diem after years of major efforts to move forward with the initiative.Announcing the news on Monday, Diem CEO Stuart Levey confirmed that Meta is selling intellectual property and other assets related to the Diem stablecoin project to its Silvergate Capital…
Ethereum Merge on track as Goerli test merge successfully finalized
With the Goerli merge going successfully, there is growing confidence that there will be no further delays to the Ethereum Merger set for mid-September. 1853 Total views 9 Total shares After Ropsten and Sepolia, Goerli was the last remaining testnet scheduled to undergo the merge, officially becoming a Proof-of-Stake (PoS) blockchain as of 1:45 am…
Ethereum could go to $10K in 2021 and outperform Bitcoin, says veteran trader
According to professional trader Scott Melker, Ethereum’s “tremendous upside potential” could overshadow Bitcoin this year. 715 Total views 15 Total shares Ethereum is likely to outperform Bitcoin, at least in the short term, said veteran trader Scott Melker in an exclusive interview with Cointelegraph. Alt szn is upon usMelker sees this period of Bitcoin’s price consolidation…
Elon Musk Voices Support for Dogecoin After Recent Bitcoin Bashing
Just over a month after delivering sceptical remarks on Bitcoin (BTC), SpaceX and Tesla CEO Elon Musk is apparently rooting for major altcoin Dogecoin (DOGE) again.Already known as a big fan of DOGE, Musk has made yet another endorsement for the cryptocurrency in a March 3 tweet. While the initial tweet isn’t exactly crypto-related but…
FT: UK MP Resigns From Two Blockchain Roles Over ‘Secret’ ICO Pay Deal Controversy
A high-profile UK Conservative Member of Parliament (MP) has resigned from two blockchain-related positions after media investigations into an allegedly undisclosed pay deal for his advisory role in a blockchain startup, FT Alphaville reported yesterday, August 1. Grant Shapps, the former chair of the Conservative party until his resignation in the throes of a 2015…
Billionaire Henry Kravis Invests in Former Employee’s Crypto Fund
Billionaire Henry Kravis has started investing in the cryptocurrency space, according to a report by Bloomberg on June 28Ben Forman, a former employee of Kravi’s KKR & Co, said that Kravis has invested in the flagship fund for his blockchain-focused investment firm ParaFi Capital of San Francisco.Discussing his decision to leave KKR to found ParaFi…