Bitcoin traders' profit margins repeat 2022 bear market — New research

The ECB’s annual euro report stressed that a digital euro may be needed to fight off the threat of “artificial currencies” from “foreign tech giants.” 1497 Total views 1 Total shares The European Central Bank has warned that a CBDC or digital euro may be required to head off the spectre of “artificial currencies” dominating…

Major players from technology and crypto ecosystems participate in a new group to standardize blockchain. Six worldwide corporations have banded together to start the IEEE blockchain Identity of Things standardization. According to IEEE Chair of the Identity of Things Working Group Dr. Xinxin Fan, researchers from Lockheed Martin, Ericsson, Lenovo, Huawei, Bosch, IoTeX and China…

There are two public-facing job listings for crypto pros to go to work for PayPal. 1009 Total views 64 Total shares PayPal is hiring crypto and blockchain experts amid rumors that the global payment platform will enable direct cryptocurrency purchases for its 305 million users. The job descriptions they’re hiring for are publicly available on…

Police claim that wash trading and market manipulation by the owner and management team of the Coinbit exchange netted over 100 billion won. South Korea’s third-largest cryptocurrency exchange, Coinbit, has been seized by police following fraud allegations. According to an Aug. 26 report by the Seoul Shinmun, 99% of transaction volume on the exchange was…

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Bitcoin’s (BTC) price has been consistently rallying in the past few weeks, reaching its latest new high of around $57,500 on Feb. 20. The week has seen more bullish news such as the first German listed company allocating its cash reserves to BTC as well as the launch of the first Bitcoin ETF in Canada,…

Real estate tycoon Ben Shaoul has sold a retail condo in Manhattan’s prestigious Upper East Side for $15.3 million in Bitcoin (BTC). The news was reported by New York real estate magazine The Real Deal on Nov. 1.Shaoul — who is president of the Magnum Real Estate Group — sold the 11,400-square-foot property to a…

The Ethereum (ETH) network continues to enjoy the status of being the top smart contract platform in the blockchain industry, but the competition is slowly gaining market share because high costs and network congestion are still challenges for the protocol. One project that has been gaining traction in the month of August is Fantom (FTM), a…

Elon Musk captured the world’s attention when he declared that Tesla would no longer accept Bitcoin as a payment method, citing the blockchain’s environmental impact.Although this thrust the debate about cryptocurrencies and the climate into the spotlight, this has been an issue that has been rumbling on for many years.Bitcoin’s proof-of-work consensus mechanism is exceedingly…