BitGo’s $100M suit against Galaxy can proceed — Delaware Supreme Court

Over several hours on May 3, the price of bitcoin spiked from around $5,300 to over $5,700 in major markets, allowing the crypto market to gain more than $7 billion in a single day.Most crypto assets in the global market have substantially surged in value in the past weekSource: coin360.ioMajor crypto assets such as ether…

Texas, the second-largest state in the U.S. known for its southern hospitality, is embracing the droves of Bitcoin (BTC) miners that have recently flocked to the region. Following China’s crackdown on crypto mining that occurred in May, a number of Bitcoin mining companies have relocated to The Lone Star State to conduct business. This shouldn’t come…

Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!Each participant then gets to remove one blockchain question — and a personal one — and they can substitute in two of their own…

The Open Ordinals Institute aims to bolster the protocol’s future development as Ordinals inscriptions hit a milestone of 21 million. 101 Total views 2 Total shares A non-profit organization dedicated to growing the development of nonfungible tokens (NFTs) on Bitcoin (BTC) has been launched by the team behind the Bitcoin Ordinals protocol.The California-based nonprofit called…

Cryptocurrency mining giant Bitmain has released a new version of its Antminer Z series machines for Equihash algorithm coins, the company confirmed in a blog post on March 19.The Antminer Z11, which comes around ten months after the release of its predecessor the Z9, claims to treble the hashing power available for its target cryptocurrencies.Equihash…

Decentralized finance offers a mix of risks and benefits as it forms interconnections with traditional finance, the International Monetary Fund finds in a new report. 241 Total views 13 Total shares According to the International Monetary Fund's Global Financial Stability report released Tuesday, the war in Ukraine — following hard on the heels of the…

Feb. 1 — Markets are relatively quiet, as major coins are trading sideways, with most seeing small gains over the 24-hour period.Market visualization from Coin360The top cryptocurrency Bitcoin (BTC) is hovering below the $3,500 mark, trading at $3,492 at press time. The coin is up by .71 percent on the day and is still down…

Congressman and Blockchain Caucus Co-Chair David Schweikert has advanced a bill to make good on the crypto adage, "code is law." 1030 Total views 8 Total shares Republican Congressman David Schweikert (R-AZ) has referred a new bill to the House Committee on Energy and Commerce that, if passed, would recognize digital signatures on the blockchain as enforceable by…

The research branch of Nansen, a popular blockchain data firm, has published a meticulous twelve-page report quantifying the performance of Ethereum-based nonfungible tokens, or NFTs, since the turn of the year, unveiling a number of compelling indications as to the economic and cultural future of the ecosystem.Citing the profound impact of traditional financial indexes such…