Bitcoin ‘potentially reached’ local bottom, Bitfinex says
Bitfinex analysts pointed out several reasons suggesting that Bitcoin’s bloodbath should be over soon.
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New ConsenSys Mesh NFT marketplace pays royalties to creators and collectors
As the ETHDenver developer conference gets underway, the incubator ConsenSys Mesh told Cointelegraph that it's planning a Friday announcement regarding a new addition to its portfolio. Joseph Lubin, Ethereum co-founder, will debut details about TreeTrunk, a nonfungible token, or NFT, platform that aims to eliminate the risk of centralized platforms failing to pay royalty payments…

It’s Time For Beer & Bitcoin: Quarantine Edition
In the latest episode of Beer & Bitcoin, Cointelegraph’s YouTube hosts Jackson and Giovanni were joined by Cointelegraph editor-in-chief Jay Cassano and managing editor Kristina Lucrezia Cornèr. They are in quarantine in New York City and Padova, Italy, respectively.But we’re not inclined to let quarantine hold us down. With some beers on hand, it’s easy…

US Bitcoin reserve marks ‘real step’ toward global financial integration
President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve and a Digital Asset Stockpile, marking the first major step toward integrating Bitcoin into the US financial system. Trump’s executive order outlined a plan to initially use cryptocurrency forfeited in government criminal cases, Cointelegraph reported on March 7. As one of the crypto

Palau advances CBDC with Ripple in Phase 2 of PSC program launch
Phase 2 of the PSC program will prioritize the development of a digital ecosystem and increased user engagement, emphasizing adherence to regulatory compliance. The Ministry of Finance in Palau officially launched the second phase of the Palau Stablecoin (PSC) Program. Jay Hunter Anson, a cybersecurity consultant in Palau, confirmed the initiation of the country’s CBDC

The Five Hidden Principles in Staking and Validating
As the Ethereum community anticipates the long-awaited launch of Ethereum 2.0, users are also bracing themselves for a major systematic shift from a proof-of-work model to a proof-of-stake. As a reminder, in PoW networks, miners have to compete with one another to solve complex mathematical problems to validate a block. The first miner to solve…

Gibraltar updates DLT framework to comply with FATF rules
Once again, Gibraltar is taking the lead in crypto regulations. 589 Total views 13 Total shares The Gibraltar Financial Services Commission (GFSC) has updated its regulations governing the operation of distributed ledger technology (DLT) providers to include the latest Financial Action Task Force (FATF) rules. The GFSC said this is in response to blockchain’s fast-moving nature,…

Bitcoin is a ‘disgusting’ product that comes ‘out of thin air,’ says Charlie Munger
"I hate the Bitcoin success, and I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth," said the billionaire. 2898 Total views 20 Total shares Charlie Munger, billionaire investor and vice chair of Warren Buffett’s Berkshire Hathaway conglomerate, did not mince words when it came to describing his feelings on…

3AC founders run into fresh trouble in Dubai over new exchange OPNX
Dubai’s digital asset regulator claimed it had sent two cease and desist notices to the exchange in February and an investor alert against it in April. 203 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe co-founders of failed crypto hedge fund Three Arrows Capital (3AC) — Su…