Bitcoin tags $100K despite warning Fed rate cut pause 'here to stay'

Stock headwinds contrast with a lack of short sellers to produce an array of forecasts on where Bitcoin price action may head next. 548 Total views 5 Total shares Bitcoin (BTC) hovered around $44,000 on Feb. 9 as a modest uptick towards the Wall Street open provided relief for support levels. BTC/USD 1-hour candle chart (Bitstamp).…

Ethereum appears to be hastening its transition to Proof-of-Stake, with developer Mikhail Kalinin publishing the specifications for the chain merge with Eth2. 3115 Total views 29 Total shares Ethereum’s developers appear to be hastening the network’s shift toward Proof-of-Stake consensus and away from the Proof-of-Work mining community.On March 11, developer “Mikhail Kalinin” published specifications for…

Xapo Bank enters the UK market and becomes the first in the country to launch interest-bearing Bitcoin and fiat banking accounts.

Decentralized autonomous organizations (DAOs) are blockchain-based entities that are collectively owned by their members. These organizations have the potential to change the way we think about employment and recruitment in the future. With the rise of remote work and a shift in attitudes towards work, DAOs provide an alternative approach to finding and participating in…

The Supreme Civil and Criminal Court of Greece has ruled to extradite alleged BTC-e owner Alexander Vinnik to Russia to face several cyber fraud charges, Russian state news agency RIA Novosti reports Tuesday, September 4.The formal decision on extradition to Russia will be issued September 14, coming into force the same day.During the actual hearing,…

KFC has rolled out a blockchain pilot program across the Middle East for its digital advertising supply chains. 1642 Total views 35 Total shares Kentucky Fried Chicken has rolled out a blockchain pilot program across the Middle East aimed at improving digital advertising and media buying.KFC Middle East expects the blockchain-powered platform to ensure greater…

Roche Cyrulnik Freedman LLP, working with Selendy & Gay PLLC, filed 11 class-action lawsuits on April 3 in the Southern District of New York against seven token issuers and four of the world's largest cryptocurrency exchanges.The sweeping filings name exchange giants Binance, Bibox, BitMEX and KuCoin as defendants, along with Block.one, the Tron Foundation, the…

International payment network Visa is working on a blockchain-based system for joint policy-compliant computation of large-scale private data.Visa Research — the research and development arm of Visa that focuses on data analytics, security and payment innovation — released a paper describing a blockchain-powered system for policy-compliant computing. The system is dubbed LucidiTEE, where TEE stands…