Bitfarms announces new CEO, Riot launches campaign as corporate dispute escalates

In the early days of Bitcoin (BTC), crypto enthusiasts only required a basic personal computer with an internet connection to generate new BTC tokens through a distributed computing process known as mining. However, with more people chasing the same number of block rewards, Bitcoin’s mining process has become more challenging with time. In fact, the quantum…

There’s more trouble in DeFi as Solend launches a spur-of-the-moment move to crack into a whale’s wallet. 811 Total views 8 Total shares On Sunday, the decentralized finance (DeFi) sector came under scrutiny again after DeFi protocol Solend put together a spur-of-the-moment governance proposal related to one of the whale wallets at risk of liquidation. The…

Recursive trades between Grayscale trust and the Three Arrows Capital hedge fund allegedly inflated assets and fees, according to open letter from the Gemini president. 140 Total views 1 Total shares Own this piece of history Collect this article as an NFTCameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, has penned an open letter to…

Justin Sun and his associated companies are “not challenging the ‘common enterprise’ element of the Howey test,” ruled the New York District Judge.  

It has been more than a week since the Bitcoin Cash (BCH) blockchain was split into two during the fateful hard fork. Two opposing sides clashed over the future of BCH as an asset, and it is time to see where both parties stand, now that the dust has finally started to settle.Conservatives secured the…

For payment tokens such as Alchemy Pay’s ACH, there may not necessarily be a world where cryptocurrencies are widely accepted as a medium of exchange for everyday transactions, such as buying a gallon of milk in the grocery store, without fiat. This is because two parallel economies exist, and bridges between fiat and cryptocurrency are…

The United Kingdom pension and welfare agency has identified blockchain and distributed ledger technology (DLT) as technologies that could disrupt the payments industry.In an Aug. 9 blog post, Richard Laycock, the deputy director of digital payments and banking systems at the Department of Work and Pensions (DWP) — an agency that manages the U.K.'s welfare…

NFTs continue to make an impact on multiple sectors, and this mainstreaming is opening up new opportunities and revealing new trends for blockchain technology. Recently, the real estate sector has shown interest in blockchain technology because it opens up the potential for fractionalized ownership, cryptocurrency-backed mortgages and other unique ownership, financing and payment models.Here’s a look…