Bitcoin dip under $65K is not ‘likely’ due to Mt. Gox sell-off
There could be seasonal, political and other reasons why Bitcoin has dipped below $65,000, but Mt. Gox Bitcoin sales aren’t one of them, say analysts.
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zkSync developer Matter Labs raises $200M, commits to open-sourcing platform
Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain. 337 Total views 15 Total shares Matter Labs, the developer behind the Ethereum Virtual Machine (EVM)-compatible zkSync, has received major industry backing as it pledges to fully open source its platform — marking the first such initiative…
US SEC’s Finhub Launches Series of Meetups to With Crypto, Fintech Communities
The Strategic Hub for Innovation and Financial Technology (Finhub) at the United States Securities and Exchange Commission (SEC) will host a series of local peer-to-peer (p2p) meetups across the country. The initiative, which aims to engage more actively with the crypto and wider fintech community, was announced via the agency’s website on March 6.As previously…
El Salvador's pro-Bitcoin President Nayib Bukele sworn in for second term
El Salvador's pro-Bitcoin President Nayib Bukele began a new five-year term, with the crypto industry applauding his leadership as he positions the country as a "world leader."
Bitmain Closes Israeli Blockchain Development Center Citing Crypto Market Conditions
Chinese crypto mining giant Bitmain is closing its development center in Israel and firing local employees, Israeli business news outlet Globes has learned Monday, Dec. 10.Bitmaintech Israel — founded in 2016 to explore the use of blockchain technology, work on the Connect BTC mining pool and develop the infrastructure behind Bitmain’s artificial intelligence (AI) project…
Bitcoin price drops under $67K as investors chase profit in stocks
Bitcoin pulled back from its range high as investors moved to greener pastures, but a possible misstep by the SEC could benefit BTC.
Boson Protocol seeks to blend physical and digital marketplaces in the Metaverse
Boson Protocol is a decentralized commerce protocol that seeks to enable the sale of physical goods, services and experiences in the Metaverse as nonfungible tokens (NFTs), and hopes to provide an infrastructure layer for exchanging assets of non-monetary value. For example, an NFT of a pair of sneakers bought using the Boson Protocol in the…
MoneyGram Reports ‘Quiet Quarter’ For Ripple Partnership
During an earnings call for Q1 2020, MoneyGram chairman and chief executive, Alexander Holmes, revealed that it was a “quiet quarter” regarding the firm’s partnership with blockchain payments company Ripple (XRP).Ripple first announced its “strategic partnership” with the Nasdaq-listed money transfer company during June 2019. The partnership’s initial term was set at two years, with…
Voting evolved: Blockchain tech outshines paper ballots and e-voting
Voting is a very important part of any democracy, as it gives its citizens the chance to participate in the democratic governance process. In a democracy, the objective of voting is not just the creation of government but a collective effort that drives the interests of the society and the economy.The fundamental objective of voting…