Bitcoin ‘late longs’ washed out as BTC price falls to $65K

Japan may need to rely on the United States to have some influence over the development of digital currencies. 1868 Total views 31 Total shares Japan is behind the curve on the establishment of a central bank digital currency and should throw its weight behind the United States establishing a digital dollar, says Takaya Nakamura,…

Advertisers and brands are increasingly losing patience with ad agencies and other players over the lack of transparency in the digital advertising space. Digital ad revenue for the first half of 2017 came in at a record $40 billion, up from $31 billion for the previous year, and it was estimated to have reached $85…

China’s Ministry of Industry and Information Technology (MIIT) has included a blockchain-dedicated laboratory on the list of its key labs for 2018, published August 13. According to the ministry's post, the lab will be dedicated to harnessing blockchain for the data security industry and IT, and will be overseen by the National Industrial Information Security…

Disclaimer: This article previously stated that the layoffs at ConsenSys mainly affected support staff. The company later informed Cointelegraph that technical staff were also affected.Recent layoffs at blockchain software technology company ConsenSys did not exceed 13 percent of staff. The company’s Executive Director of Enterprise and Social Impact Vanessa Grellet spoke to Cointelegraph about the…

Cristóbal Balenciaga’s never-before-seen drawings inspire the new NFT collection through a collaboration between Cointelegraph, Art Consulting, Artvein, Animal Concerts, Defy Trends and Crypto.com NFT. 174 Total views 5 Total shares Lorenzo Riva, the artist director of the luxury fashion brand Balenciaga during the 1980s, launched a much anticipated Cristóbal Balenciaga: To the Moon nonfungible token (NFT) collection…

BSTX's SEC approval does not involve crypto trading or any other form of use of blockchain technology. 92 Total views 2 Total shares The Boston Security Token Exchange (BSTX), a new facility of the Boston-based BOX exchange, received regulatory approval from the United States Securities and Exchange Commission (SEC) to operate as a blockchain-based securities…

Decentralized finance is rapidly becoming a cornerstone of the cryptocurrency sector but the ecosystem has become increasingly centralized on the Ethereum network and this is causing the entire sector to be plagued by high gas fees and slow transaction confirmations.Average Ethereum gas price. Source: EtherscanThis explosive rise in gas fees is leading users to look…

Bitcoin (BTC) circled $23,500 on Feb. 4 as bulls refused to give up support in out-of-hours trading.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price conjures 2020 memoriesData from Cointelegraph Markets Pro and TradingView showed BTC/USD holding a narrow range in place since the Feb. 3 Wall Street open. Macroeconomic data releases from the United States…

Investors who participated in the FLiK initial coin offering, or ICO, in 2017 have opposed entertainer Kevin Hart’s bid to have the $7 million lawsuit dismissed.The 25 investors claim that they collectively lost more than $2 million as a result of Hart, rapper ‘T.I.’, and FLiK executive, Ryan Felton, touting unregistered securities for an ICO…