BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models.
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Digital euro could take four years, says ECB president Christine Lagarde
The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said. 1589 Total views 16 Total shares It could be a while before European Union gets a central bank digital currency, if it gets one at all.In a Wednesday interview with Bloomberg Television, European Central Bank President Christine Lagarde laid out the complex…
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What is veTokenomics and how does it work?
All facets of a token's production and management, including its allocation to various stakeholders, supply, token burn schedules and distribution, are managed through tokenomics analysis. Tokenomics help to determine the potential value of decentralized finance (DeFi) projects. Since the law of supply and demand cannot be changed, tokenomics dramatically impacts the worth of each nonfungible…
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US Financial Stability Oversight Council identifies stablecoins and cryptos as threats to financial system
"The Council recommends that state and federal regulators review available regulations and tools that could be applied to digital assets," says the FSOC. 727 Total views 20 Total shares In an annual report published on Friday, the United States Financial Stability Oversight Council, or FSOC, voiced its concern over the adoption of stablecoins and other…
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Bitcoin fee spike spurs shift to Lightning Network: Binance and Coinbase line up
Binance announced plans to embrace the Lightning Network: which large crypto exchanges are Lightning ready, and which ones are yet to be struck? 48 Total views 8 Total shares The recent surge in Bitcoin (BTC) transaction fees has lit a fire under one of the largest crypto exchanges to upgrade to the Bitcoin Lightning Network.…
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Bitcoin Taproot locked in to improve privacy and introduce smart contracts
On June 12, Bitcoin (BTC) mining pool Slush Pool mined block 687,285 with the transaction including a Taproot upgrade activation signal. That particular block was the 1,816th to include a signal for Taproot activation by a BTC miner within the difficulty epoch that lasted from May 30 to June 13.With 2,016 blocks created every difficulty…
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Max Keiser: Selling Bitcoin Now for ‘Fiat Debt-Coupons’ Is a Crime
Bitcoin (BTC) will be the only exit from the “global reset” of finance which will allow central banks to even destroy the banking system itself.That was just one conclusion from Simon Dixon, CEO of cryptocurrency funding platform BnkToTheFuture, in the latest episode of financial news program the Keiser Report on April 7. Dixon: “World’s largest regulated…
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Everyone’s talking crypto for solving sub-Saharan Africa’s payments problems
Stablecoins and continentwide regulations are key to breaking down barriers to Africa's economic growth. 1579 Total views 13 Total shares As global interest in stablecoins explodes, a number of key players are pushing especially hard for more adoption in Sub-Saharan Africa.On Thursday, the Center for Strategic and International Studies' Africa Program published new analysis advocating…
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Survey of millionaires finds 73% own or want to invest in crypto
The number of millionaires wanting to buy cryptocurrencies is on the rise, with a new survey indicating that 73% want to own digital assets before the end of 2022. 1137 Total views 1 Total shares A survey of more than 700 high net worth individuals, or HNWs, has found that almost three-quarters of millionaire respondents…