BONK, POPCAT and Solana memecoins stay green even as Bitcoin price drops

Blockchain will “probably take a little longer” to develop than the internet, because it is “much more complicated,” ConsenSys creator Joseph Lubin told German media outlet t3n in an interview, Cointelegraph auf Deutsch reported Nov. 9.Lubin, who is also the co-founder of Ethereum (ETH), told reporters that blockchain technology is developing in a similar way…

Police in China have reportedly gathered evidence of people laying cables via fish ponds to steal oil well power to fuel their bitcoin (BTC) mining. The news was reported by daily Chinese tabloid The Global Times on June 13.The Global Times is published under the auspices of state-backed newspaper group The People’s Daily.The report outlines…

Yale Professor Gary B. Gorton and Jeffery Zhang of the Board of Governors of the Federal Reserve System have co-authored a 49-page paper called, “Taming Wildcat Stablecoins.” 851 Total views 5 Total shares The Federal Reserve’s ongoing research into central bank digital currencies, or CBDCs, has broadened to include stablecoins and whether they can be…

United States-based credit union service organization CULedger has raised $10 million in a Series A funding round for its credit union-focused blockchain platform, according to a press release published Jan. 29.The company, which is a member of R3’s global blockchain ecosystem, first announced its funding round and its goal of raising $10 million in October,…

Gemini is accused of providing BlockFi with custodial services and misleading information to help BlockFi market its alleged unregistered securities. 414 Total views 11 Total shares Own this piece of history Collect this article as an NFTAn investor with nearly $2 million worth of funds frozen in bankrupt cryptocurrency lender BlockFi has filed a class…

Zimbabwe’s new finance minister said the country should embrace Bitcoin at state level in a manner similar to Switzerland, local media outlet IT Web Africa reports Monday, September 17.Citing the Swiss central bank’s “investment and understanding” in Bitcoin, Mthuli Ncube said he would call on the Reserve Bank of Zimbabwe (RBZ) to follow in its…

With the 2019 tax season upon us, the IRS is leaving nothing off the table. Cryptocurrency holders are looking for ways to avoid reporting failures on their returns, and the agency has noticed.According to a Feb. 19 report by Bloomberg Tax, the IRS has invited cryptocurrency companies and advocates to appear for a March 3rd…

Ether (ETH) price surged by 31.3% from March 10 to March 18, coinciding with the U.S. Federal Reserve's injection of $300 billion to address the insolvency of Silicon Valley Bank.. Since then, Ether’s price consistently maintained a daily closing price above $1,600. However, investors are now casting doubt on Ether's ability to sustain this support level

The first deputy governor of the French central bank has called for distributed ledger technology (DLT)-based settlements and payment systems in Europe.Speaking at the AFME Annual Capital Markets Technology and Innovation Conference on Nov. 21, Denis Beau, the first deputy governor of Banque de France, delved into the issue of policy frameworks that could potentially…