Can Bitcoin Just Keep Going Up?

news Facebook’s recently unveiled Libra cryptocurrency project threatens the stability of financial systems, according to a South Korean financial regulator. In a new Korean-language trends update published July 5 and reported by CoinDesk Korea, the nation’s Financial Services Commission (FSC) looks at what might occur “If 2.4 billion Facebook users worldwide transfer one tenth of their bank…

Oct 13, 2020 at 17:19 UTCUpdated Oct 13, 2020 at 17:20 UTCBlockchain Bites: G20’s CBDC Rules, Ethereum 2.0’s Tests, Blockchain’s $1.7T BoostCoinDesk is preparing for the invest: ethereum economy virtual event on Oct. 14 with a special series of newsletters focused on Ethereum's past, present and future. Every day until the event the team behind Blockchain Bites will dive…

Jun 4, 2020 at 20:56 UTCUpdated Jun 4, 2020 at 21:00 UTCActing Comptroller of the Currency Brian Brooks asked for public input into how distributed ledgers might be used for banking services. (Credit: Andriy Blokhin / Shutterstock)One of the federal bank regulators in the U.S., and the only one that charters national banks, is seeking…

Worldcoin violated Hong Kong's data-protection principles, the territory's privacy commissioner said.The regulator has been investigating Worldcoin since December and said it wants the company to cease operations.Worldcoin's iris scanning and identification operations contravene Hong Kong's data protection principles, the Privacy Commissioner for Personal Data (PCPD) said Wednesday."The Privacy Commissioner has served an enforcement notice on

A top-20 exchange is phasing out an embattled cryptocurrency. Digifinex has decided to replace tether (USDT), perhaps the best-known "stablecoin" designed to maintain a steady exchange rate with the U.S. dollar, with a rival, TrustToken's TrueUSD. Based in Singapore, Digifinex handled $131 million in trading volume over the past 24 hours, according to CoinMarketCap, making…

news While bitcoin and ethereum enthusiasts might not always get along, one enterprising gaming startup is attempting to bring the two cryptocurrencies closer together. Blockade Games announced on July 31 that it has successfully bridged the two networks by sending a bitcoin lightning transaction in such a way that it can cause an ethereum smart contract…

news Japanese IT giant Fujitsu has developed a blockchain-based system for electricity exchange between enterprise consumers that aims to facilitate a more stable energy supply at peak periods. Announcing the news on Wednesday, Fujitsu said it had tested the “patent-pending” blockchain system with support from electric power distribution company ENERES and achieved a roughly 40 percent improvement…

Dogecoin's price increased by 10% in 24 hours, reaching over 12 cents, driven by social media buzz on X and speculation about further endorsements from Elon Musk. Elon Musk's $75 million donation to a political action committee supporting Donald Trump's campaign may have helped spur interest in DOGE. Musk has proposed a "Department of Government

What if ethereum never switches its core consensus algorithm? It's an idea that may sound blasphemous to developers building the world's second-largest blockchain, where plans have long been laid for a transition away from bitcoin's proof-of-work model to a more egalitarian alternative. Yet, entrepreneurs appear to be betting that between now and that bright future, a…