Bitcoin traders eye bear trap as BTC price hits 10-day high of $60.4K

College campuses are the second largest cryptocurrency miners across industry verticals, according to research by tech conglomerate Cisco published in PCMag on March 5.Cisco’s security researchers reportedly investigated cryptocurrency mining activity across various industry verticals. The research was carried out with Cisco’s security product Umbrella, which monitors clients’ network connections to screen malicious activity, including…

Lebanon’s national currency continues to shed value amid the country’s deepening monetary crisis, with unofficial reports indicating that the Lebanese pound, or lira, has lost 50% of its purchasing power in less than two weeks.On July 2, local crypto advocate Saifedean Ammous, author of The Bitcoin Standard, took to Twitter to assert that after “having…

Crypto donations will still be accepted at Wikimedia Foundation as the foundation wishes to be “as inclusive as possible.” 190 Total views 25 Total shares Following a proposal from users to stop accepting crypto donations to Wikimedia Foundation, the nonprofit confirmed that it would proceed with crypto donations. Contributors banded together to urge the foundation to…

Standard Bank Group has become the first African node operator on the Hedera network. 3472 Total views 14 Total shares Standard Bank Group — Africa’s largest bank by assets — has partnered with enterprise-grade distributed ledger technology project Hedera Hashgraph.According to a joint announcement, the African banking giant now joins other major corporations like Google,…

Ohio funds will pour over $300 million into blockchain startups through 2021, Northeast Ohio daily news outlet Cleveland.com reported Dec. 3, quoting executives.Speaking at the ongoing Blockland Solutions conference, nonprofit JumpStart CEO Ray Leach announced that a total of seven funds were primed to invest $100 million in “early-stage startups that focus on using blockchain…

Friday, Oct. 12: after yesterday’s carnage, crypto markets are seeing some relative price stability. The top cryptocurrencies by market cap are seeing mild movement, both red and green.Market visualization by Coin360Bitcoin (BTC) has has seen little price action on the day, and is up 0.5 percent to trade at $6,318 as of press time. Ater…

Goldman Sachs Group Inc. is halting its plans to open a cryptocurrency trading desk, Business Insider reports September 5, citing sources familiar with the matter.The bank’s plans to create a crypto-focused unit by the end of June 2018 were originally reported by Bloomberg, with sources claiming that Goldman Sachs aims to become "the first large…

Turkey introduced a 0.03% tax on crypto transactions as part of a major fiscal reform to address the budget deficit caused by recent earthquakes.