Crypto Biz: The Year of Bitcoin
This week’s Crypto Biz explores Bitcoin’s landmark year, Crypto.com’s new custody service, Russia’s partial ban on crypto mining and taxes on staking rewards in the US.
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Ethereum dev confirms Goerli merger date, the final update before the Merge
The Goerli merger requires node operators to update both their consensus layer and execution layer clients in tandem, rather than just one of the two. 798 Total views 31 Total shares The Ethereum mainnet is just one testnet merger away from officially transitioning to a proof-of-stake (PoS) blockchain. After multiple shadow forks and testnet merges,…

US SEC and FINRA Issue Statement on Crypto Custody Issues
The United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) outlined regulatory compliance issues for cryptocurrency custodians in an announcement on July 8.According to the joint statement, the organizations have yet to discover a set of circumstances in which a crypto custodian could comply with the SEC’s Customer Protection Rule,…

Bitcoin slips under $50K amid warning ‘new player’ Binance whale is pressuring BTC price
What appears to be a "new player" starts flipping $50,000 to resistance after some brief Christmas cheer for Bitcoin bulls. 2302 Total views 16 Total shares Bitcoin (BTC) lost $50,000 for the first time in several days on Dec. 26 as exchange inflows caught up with the cautiously optimistic mood.BTC/USD 1-hour candle chart (Bitstamp). Source:…

New daily Runes etched on Bitcoin falls 99% from post-halving peak
Only 157 new Runes were etched on Bitcoin on May 13, which contributed to just $3,835 in transaction fees paid to Bitcoin miners.

Destination Blockchain: Shaking Up Travel Industry and Cutting Costs
The word “blockchain” is no longer perceived as something exotic and super innovative, partly because large companies have found various uses for this technology and customers have begun to understand how it works. On the other hand, the growing adoption and awareness of blockchain has led to the fact that since 2017, many projects have…

Global Pharma Giant Merck Wins US Blockchain, AI Patent for Product Authenticity
Merck, the world’s oldest operating pharmaceutical firm, has won a blockchain patent from the United States Patent and Trademark Office (USPTO), Cointelegraph auf Deutsch reported Jan. 30The German multinational has developed a system that uses a combination of Artificial Intelligence (AI) and blockchain tech to establish the authenticity of unique physical objects. As Merck reports…

Blockchain-Backed Social Media Brings More Choice for Users
Could blockchain fight against state-sponsored censorship in a post-coronavirus era? 1591 Total views 19 Total shares As people continue to rethink topics like technology development, economic measures and freedom of speech because of the COVID-19 pandemic, blockchain has now emerged as a solution for many issues. Iva Wisher, co-founder of Ignite, a decentralized microblogging platform,…

What we know about Kamala Harris' views on crypto
With Joe out of the race, all bets are off.