Bitcoin’s compressed $62K price signals ‘a large’ move next
Bitcoin’s consolidating price has a trader suggesting a big move is imminent, though uncertainty remains about the direction of BTC price in the coming days.
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RUNE rally: A closer look at THORChain’s new synthetic assets
THORChain (RUNE) has appreciated nearly 41% in the past seven days, according to the data from Cointelegraph Markets Pro, and its recent price action is even leading the entire crypto market in the first quarter of 2021. Its mainnet launch, which was originally slated last year, is one of the main factors that led to…
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Thai tax collectors to streamline revenues with blockchain tech in 2021
Blockchain will reportedly make tax evasion more difficult in Thailand. 754 Total views 19 Total shares Thailand's tax collection agency will use blockchain technology to streamline tax payments next year.The Excise Department will use blockchain to improve its revenue collection in lieu of actually raising taxes as the Thai economy still makes a gradual recovery. According…
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Marathon Q2 Bitcoin production down 44% as fleet remains crippled
Marathon had a particularly rough production month in June after 75% of its fleet went down. It's still uncertain when its mining facilities will be able to come back online. 41 Total views 1 Total shares Bitcoin (BTC) mining company Marathon Digital Holdings experienced a steep 43.8% decline in bitcoin production over the second quarter…
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Binance CEO outlines plan for crypto exchange after CZ steps down
Richard Teng became CEO of crypto exchange Binance after Changpeng Zhao agreed to step down as part of a settlement with the U.S. Department of Justice announced on Nov. 21. 285 Total views 7 Total shares Richard Teng, Binance’s former global head of regional markets and now CEO, announced his intention to drive growth at
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President Biden is preparing to announce picks for SEC commissioners: Report
Only one seat currently remains vacant out of the panel of five SEC commissioners, but Allison Lee is expected to depart when her term expires in June. 345 Total views 12 Total shares United States President Joe Biden is reportedly planning to nominate two commissioners with different political party affiliations to the Securities and Exchange…
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Facebook-backed Libra welcomes Blockchain Capital as new member
Libra gets another member as it strives to have 100 entities on board. The Facebook-initiated Libra blockchain project continues to grow as its governing body has added a new major industry partner.Blockchain Capital, one of the largest venture capital firms in the blockchain industry, has joined the Libra Association, according to an official Sept. 18…
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Toss in your job and make $300K working for a DAO? Here’s how
Increasing numbers of employees are quitting 9–5 corporate jobs to work for DAOs. While the money’s great, DAOs fall into a legal gray area, and it can be tricky to get your foot in the door.Researchers Nataliya Ilyushina and Trent MacDonald from the Royal Melbourne Institute of Technology Blockchain Innovation Hub take you through how…
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T-Mobile Sued Over $8.7m Stolen in SIM-Swap Attacks
The CEO of a crypto firm that recently settled with the SEC over its 2017 ICO is suing T-Mobile over a series of SIM-swaps that resulted in the loss of $8.7 million worth of crypto. Reggie Middleton, the chief executive of crypto company Veritaseum, is suing telecommunications provider T-Mobile for allegedly enabling the theft of…