Bitcoin should be treated as a commodity, like gold — Cantor Fitzgerald CEO
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil.
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Armenian PM Attends Launch of Mining Farm Claiming to Be One of ‘World’s Largest’
The opening ceremony of a new mining farm touting itself as one of the “world’s largest” was held in the Armenian capital Oct. 18, according to a report by local platform News Armenia. The Armenian Prime Minister and other top officials were reportedly in attendance.The new mining farm is reportedly a joint venture by major…
IBM and Seagate Launch Blockchain-Based System to Fight Counterfeit Hard Drives
IBM and data storage firm Seagate have announced a joint initiative to fight counterfeit hard drives using blockchain technology, according to a press release shared with Cointelegraph Nov. 8.The project will reportedly use IBM’s Blockchain Platform to help manufacturers, integrators, and business partners better authenticate the provenance of hard disk drives.IBM and Seagate’s solution will…
Kenyan Gov’t to Use Blockchain in New Affordable Housing Project
Kenya’s government plans to deploy blockchain technology to manage a government housing project of 500,000 units, Kenyan news outlet the Star reported Oct. 15.Within the affordable housing program the government of Kenya reportedly aims to build 500,000 units by 2022, and assist contributors earning less than 100,000 Kenyan Shillings ($992) as they cannot afford mortgages.…
Stolen Poloniex Ether worth $53M never made it back to the exchange
The Poloniex hacker moved over 17,800 Ether from six different wallets into a single Tornado Cash address.
Price analysis 6/17: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
The sharp fall in cryptocurrencies has pulled the total crypto market capitalization below $900 billion. According to CoinGoLive, 72 out of the top-100 tokens have declined in excess of 90% from their all-time highs. In comparison, the top-10 coins have outperformed during the fall, dropping an average of 79% from their all-time high. Bitcoin (BTC) is…
Number of Active Bitcoin Wallets Increased Prior to Crypto Market Surge
The number of active Bitcoin (BTC) wallets increased in the two weeks leading up to the recent cryptocurrency surge, Bloomberg reported on April 3.Citing market intelligence firm Flipside Crypto’s analysis, Bloomberg reported that a high number of digital wallets holding Bitcoin became active two weeks before the cryptocurrency market rally. Bitcoin skyrocketed on April 2,…
Algorithmic stablecoin market share dropped by 10x from ATH: Report
The stablecoin market, in general, is going through hard times, though the algorithmic coins suffered the most. 400 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe notorious failure of the Terra USD (UST) stablecoin affected the crypto market, but the algorithmic stablecoins took the harshest punch. Since…
SafeMoon addresses recent exploits amid SEC charges
SafeMoon says it is closely examining the recent developments and will work to resolve the situation promptly. 859 Total views 6 Total shares Decentralized finance project SafeMoon, which was charged by the United States Securities and Exchange Commission (SEC) for security rules violations and fraud, has said that it is closely examining recent developments and