Bitcoin’s record highs push big banks’ profits to billions — Report

DCG has reportedly received offers for CoinDesk exceeding $200 million in recent weeks, which at a purchase price of $500 thousand would be a 39,900% return on its initial investment. 429 Total views 7 Total shares Own this piece of history Collect this article as an NFTCrypto media outlet CoinDesk is reportedly considering a potential…

The vulnerability has since been patched, although it affected several leading transaction simulation vendors. 411 Total views 3 Total shares Own this piece of history Collect this article as an NFTAccording to a blog post published by developers of crypto wallet ZenGo, the firm said it had uncovered security vulnerabilities in transaction simulation solutions used…

Despite the surging crypto market rally, Nvidia believes its record first-quarter earnings are the result of high demand from the gaming industry. 858 Total views 1 Total shares Nvidia, a leading manufacturer of graphics processing units, or GPUs, has announced record earnings for Q1 2021. However, the firm has downplayed the role of the crypto…

The MULTI protocol's TVL remains largely unchanged at $1.6 billion despite a large selloff in the token price. 157 Total views 2 Total shares On May 24, the token price of cross-chain router protocol Multichain (MULTI) fell by 30% over 24 hours to trade at $4.97 at the time of publication. The selloff came after users…

Kyrgyzstan’s parliament is deliberating on a tax regime for miners that would be the country’s first regulated framework for crypto activities. 1218 Total views 67 Total shares Lawmakers in the Kyrgyz Republic are considering a bill to tax and regulate cryptocurrency mining activities. The bill, On Amending the Tax Code of the Kyrgyz Republic, seeks to…

Retail investor interest in Bitcoin has declined to a three-year low, and Google search interest for Bitcoin is down 57% since BTC reached all-time highs in March.

Bank of China continues to strengthen fintech regulation, expanding pilot projects in six more cities and districts. 1419 Total views 34 Total shares Bank of China launched its first fintech innovation regulatory pilot project in Beijing last year. The bank announced plans to expand its regulatory pilot projects in six more cities and districts on…

The Goerli merger requires node operators to update both their consensus layer and execution layer clients in tandem, rather than just one of the two. 798 Total views 31 Total shares The Ethereum mainnet is just one testnet merger away from officially transitioning to a proof-of-stake (PoS) blockchain. After multiple shadow forks and testnet merges,…

The plaintiff in the case demanded 217.7 BTC in compensation for his Bitcoin mining infrastructure investment. 582 Total views 20 Total shares A district court in Beijing has rejected monetary compensation in a Bitcoin (BTC) mining contract plea against a blockchain company.The Chaoyang District People’s Court on Wednesday deemed the Bitcoin mining contract between the…