Crypto Biz: Consolidation ramps up among crypto firms

No blanket ban on the horizon, with an open "window" for experimentation in India says Nirmala Sitharaman 3097 Total views 22 Total shares Yet another “crypto ban” turns out to be temporary FUD.In an interview with CNBC this morning, Indian Finance Minister Nirmala Sitharaman said that reports of a blanket ban on cryptocurrencies are overstated.…

Israel-based Sapiens reportedly paid in Bitcoins for a ransom requested during an attack that reportedly happened between March and April. 1019 Total views 29 Total shares An Israel-based company reportedly paid $250,000 in Bitcoin for a ransom payment demanded by hackers that threatened to shut down its systems after a ransomware attack.According to a source…

In an exclusive interview with Cointelegraph at the Bitcoin Conference, Marathon Digital CEO Fred Thiel spoke about the mining company’s response to the bear market. 271 Total views 11 Total shares A combination of more hash rate coming online from mining plants and a price protection approach is shielding Bitcoin mining firm Marathon Digital Holdings through…

The pro-crypto ex-Democrat Robert F. Kennedy Jr. has joined Donald Trump’s team, which will help to form a government if Trump wins the presidential election in November.

Altcoins see another week of rocky trading, while traders are viewing Bitcoin price dips as a buying opportunity, as seen from the fresh inflows into the spot Bitcoin ETFs.

The double-digit rallies seen from many altcoins shows traders are becoming increasingly bullish with the passing of each day, but maintaining this momentum will to some extent depend on Bitcoin's (BTC) short-term price action.Data from Cointelegraph Markets Pro and TradingView shows that after touching the $48,000 price level during the early morning trading hours on…

United States merchant services provider and payment processing firm Aliant Payments will be paying each of its employees part of their compensation package in cryptocurrency. In a press release on Oct. 16, Aliant said that the offer reflected a desire that employees become invested customers in the shift to digital currency.Aliant’s evolving crypto payments processing solutionAliant…

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.The crypto market, just as any other market, runs in cycles. Even though digital assets are known, if not infamous,…

Cryptocurrency tracking resource CryptoCompare's recent study has shown that 85 percent of crypto assets allow development teams to alter their platforms. The report was published Wednesday, Oct. 17, on CryptoCompare's website.To create the report, CryptoCompare reviewed hundreds of crypto and blockchain projects, with experts detecting a tendency towards centralization set by utility tokens that are…