CrossTower: A Look Into the Valuable Properties of NFTs
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Tron Founder Justin Sun Posts Video Showing Him in San Francisco
news UPDATE (July 23, 18:20 UTC): In a Periscope video broadcast live Tuesday afternoon, Justin Sun appeared to be in San Francisco (with the Bay Bridge in the background), and not in China as Caixin earlier reported. (July 23, 2019, 15:32 UTC): Justin Sun is under Chinese government control, meaning he is not facing formal…
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Over 1,000 Bitcoin Miners Granted Licenses in Iran: Report
Jan 27, 2020 at 13:02 UTCUpdated Jan 27, 2020 at 13:04 UTCCredit: vanchai tan / Shutterstock.comIran is actively regulating cryptocurrency miners, months after the government introduced a new licensing regime.The Ministry of Industries, Mining and Trade has issued more than 1,000 permits to cryptocurrency miners, according to an official at the Iranian ICT Guild Organization (IIG),…
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The SEC Is Now Reviewing 2 Bitcoin ETF Proposals
news For the first time since August, there are now multiple bitcoin exchange-traded fund (ETF) proposals sitting before the U.S. Securities and Exchange Commission (SEC). The VanEck/SolidX proposal filed with Cboe BZX Exchange has now appeared in Wednesday’s edition of the Federal Register, officially kicking off the 45-day clock to an initial decision. It joins another bitcoin…
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Curve Founder’s $168M Stash Is Under Stress, Creating a Risk for DeFi as a Whole
The exploit at DeFi giant Curve Finance has driven down the price of its CRV token, putting an $168 million stash of founder Michael Egorov's money at risk of being liquidated.That could create pressure in the DeFi ecosystem, as seized assets would have to be sold – into a market where prices are already falling.Chaos…
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Why Hardnosed Bitcoiners Should Learn to Love DeFi
Why Hardnosed Bitcoiners Should Learn to Love DeFiI want to talk about stacking sats. It’s a simple idea: accumulate wealth over time by growing your stack of bitcoin (BTC) and HODLing. People can stack by purchasing bitcoin regularly or earning it through work or rewards. The key is that it’s steady and deliberate, with an eye…
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Bitcoin Hovers Over $34K as BlackRock IBTC Ticker Euphoria Fades Out
Rapid gains in bitcoin (BTC) prices seemed to pause Wednesday morning as traders likely took profits on a week-long rally, bumping bitcoin prices as much as 25% on hopes of a spot exchange-traded fund (ETF) approval in the U.S.Major tokens showed mixed movement as Cardano’s ADA slipped 2%, while Solana’s SOL tokens added 3%, extending
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Solana Network Suffers Brief Outage, SOL Steady
Transactional activity on the buzzing Solana network has briefly halted amid a "performance degradation," validators for the network confirmed Tuesday.“Solana Mainnet-Beta is experiencing a performance degradation, block progression is currently halted, core engineers & validators are actively investigating,” said Laine, a Solana validator, in an X post.Blocks seem to have last processed at 09:52 UTC
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Crypto Long & Short: A U.K. Ban on Crypto Derivatives Will Hurt, Not Protect Investors
Oct 11, 2020 at 21:46 UTC(ljubaphoto/iStock/Getty Images Plus)Crypto Long & Short: A U.K. Ban on Crypto Derivatives Will Hurt, Not Protect InvestorsThis week the U.K.’s Financial Conduct Authority (FCA), which regulates the country’s financial services, issued a ban on the sale of crypto derivatives and ETNs to retail investors. While this may not seem particularly material…