Bitcoin Runes protocol sees sharp decline in popularity

A federal judge ruled that Alex Mashinsky’s legal team’s arguments to dismiss two of his seven criminal charges were “either moot or without merit.”  120 Total views 6 Total shares Lawyers representing Alex Mashinsky, the former CEO of the crypto platform Celsius facing a criminal indictment in the United States, have lost a motion to

“What I preach for is regulation that protects and prevents but does not cripple and destroy [innovation],” the senior adviser told Cointelegraph.

The European Central Bank (ECB) is planning to launch a prototype of the digital euro in 2023. In the next five years, Europe could have its own central bank digital currency (CBDC) up and running. However, there are still many questions surrounding the prospective digital currency. In what form could it be issued? Is the…

The radical opportunity presented by decentralized finance has garnered significant attention from investors and speculators alike. The total value locked in DeFi protocols grew over 2,500% in 2020, from around $700 million in January 2020 to over $20 billion in December 2020. TVL is a more useful metric than market capitalization when it comes to…

ConsenSys has teamed up with LVMH and Microsoft to build a blockchain-powered platform that allows consumers to verify the authenticity of luxury goods, according to a news release on May 16.The consortium says the system, known as Aura, is designed to “serve the entire luxury industry with powerful product tracking and tracing services.”LVMH brands including Louis Vuitton and…

A new blockchain protocol is presenting itself as a place where businesses and individuals can build peer-to-peer financial applications with confidence.Bytom describes itself as the “infrastructure of the asset internet.” The company’s vision is to create diverse assets and a programmable economy and ensure that byte assets (such as cryptocurrencies and digital assets) and atomic…

Samsung is another big-name company to consider issuing its own cryptocurrency. Similar stories have already emanated from the likes of Facebook and JPMorgan Chase, with analysts speculating on various use cases for these cryptocurrency tokens.While not yet confirmed officially, a “Samsung Coin” could find application as a payment means on the company’s app store and…

LocalBitcoins reported a 10% increase in annual revenue for 2019 despite the platform's KYC overhaul impacting trade volume on the platform. 579 Total views 14 Total shares Veteran peer-to-peer (P2P) crypto marketplace LocalBitcoins has reported annual revenue of nearly $29.5 million for 2019.The revenue comprises a roughly 10% increase over 2018’s $26.9 million, however, the…

The “original” yet ironically "wrong" Ethereum and Telcoin (TEL) are leading a fresh altcoin surge this week. Bitcoin (BTC) fans are already calling time on the fun.Ethereum Classic (ETC), the pet favorite of Digital Currency Group founder Barry Silbert, is up 300% in a week. ETC hits $180: Bull market or "casino market"?In the latest…