Bitcoin price seesaws near $56K as US stocks post fresh all-time highs

The crypto exchange said there was a "timing mismatch in backing Binance-Peg BUSD with BUSD" seemingly showing data in which the stablecoin was not fully backed at times. 602 Total views 9 Total shares Own this piece of history Collect this article as an NFTMajor crypto exchange Binance initially pushed back against a Bloomberg report…

Hegic will reward long-term traders, LPs, hodlers, and Discord users with its forthcoming governance token. 558 Total views 10 Total shares Decentralized finance protocol Hegic has announced a soft governance launch designed to reward its long-term users.According to an April 19 announcement, Hegic intends to reward its most loyal users with its new gHEGIC governance…

The U.S. doesn't mind coming a bit late to the CBDC party, but is that the wrong approach? 2934 Total views 21 Total shares Recent comments from Jerome Powell, the chairman of the U.S. Federal Reserve, show the American government is not especially concerned with speed when it comes to developing a central bank digital currency,…

Decentralized social media platform Mithril (MITH) has adopted the Binance Chain, the mainnet of the leading cryptocurrency exchange Binance. The development was announced by Mithril in a blog post published on April 18.With the step, Mithril — a social media platform that rewards content creators with its native token MITH —  becomes the purported first…

Imperial College London announced a collaboration with AI startup FluidAI to tackle major issues in the crypto market such as liquidity aggregation. 371 Total views 2 Total shares Imperial College London announced a partnership with the artificial intelligence (AI) startup FluidAI on Aug. 21 to help troubleshoot issues in the digital asset market using emerging…

Bitcoin’s (BTC) parabolic advance over $12,000 has taken its market dominance above 60% for the first time since April 2017, data from CoinMarketCap confirmed on June 26.Following its rapid appreciation in recent days, the bitcoin price reached levels not seen since immediately after the end of its 2017 bull run.The successes have come at the…

Academic researchers at the University of Cambridge (UoC) have launched a real-time index that tracks the total electricity consumption of the Bitcoin network.The news was revealed in an announcement posted by the university’s interdisciplinary academic research institute, the Cambridge Centre for Alternative Finance (CCAF), on July 2.The now-live Index — the Cambridge Bitcoin Electricity Consumption…

Step aside, El Salvador, there’s a new Bitcoin-centric destination on the map. As a 32-million-square-foot private island sanctuary in the remote South Pacific, Satoshi Island is a “place for the crypto community to call home.”A combination of honeymoon getaway, Bond-villain hideout and naturalist paradise, there’s one enigmatic exception to Satoshi Island: it’s 100% crypto. Talking…