Bitcoin miners may gain $13.9B yearly from 20% shift to AI and HPC: VanEck
Bitcoin miners could increase profitability and improve “bad balance sheets” by allocating some of their energy capacity to the AI and HPC sectors, according to VanEck.
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Programmer and crypto enthusiast John McAfee revealed his intention to use his 2020 bid for U.S. presidency as a platform to promote permissionless cryptocurrencies in an interview with Cointelegraph Nov. 1.Speaking with Cointelegraph at the Malta Blockchain Summit today, the founder of McAfee Antivirus Software said he plans to run “around a libertarian platform,” and…

DeFi proved resilient during the March 2020 and May 2021 market crises
As if 2020 didn’t provide enough nail-biting moments, 2021 is shaping up to be quite an interesting year for cryptocurrency. With the price of Bitcoin (BTC) floating around the $35,000 mark, skeptics and pundits are flocking to the streets of social media to celebrate the long-awaited demise of the decentralized economy. Of course, they quite…

Zimbabwe turns gold-backed digital token into payment method
The Reserve Bank of Zimbabwe first introduced its new project, in which every issued digital token would be backed by a physical amount of gold held in the bank’s reserves, in April 2023. 68 Total views 7 Total shares On Oct. 5, the gold-backed digital token under the name Zimbabwe Gold (ZiG) officially kicked off

Facebook-backed Diem Association reportedly to launch stablecoin pilot in 2021
An anonymous source has told reporters that the first Diem pilot will focus on transactions between individual consumers. 2802 Total views 14 Total shares Facebook-backed digital currency project Diem could yet launch its first stablecoin in 2021 as a small-scale pilot, according to an anonymous source. Cited in a CNBC report published on April 20, the…

New White House standards strategy could have implications for crypto industry KYC
The Biden administration has released a strategy document focusing on setting standards for “critical and emerging” technologies such as blockchain and digital ID. 90 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe administration of United States President Joe Biden released a national standards strategy for critical and…

Former SEC official predicts regulator ‘will lose on the merits’ of case against Ripple
Joseph Hall believes that the SEC is not yet equipped to handle litigation in cases concerning cryptocurrencies as securities yet, making it hard to win the case against Ripple. 935 Total views 14 Total shares A former executive from the Securities and Exchange Commission believes the regulator has a good chance of losing its $1.3…

Price analysis 5/13: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
Bitcoin (BTC) rebounded sharply after dropping near its realized price of $24,000 on May 12, suggesting some bulls went against the herd and bought the dip. According to on-chain analytics platform CryptoQuant, the exchange balances declined by more than 24,335 Bitcoin on May 11 and 12, indicating that bulls may have started bottom fishing.However, macro…

Canadian MP urges community to study Bitcoin, cites Gensler’s pre-SEC stance
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