Crypto investment products see $147M outflows after 3-week inflow streak
The outflows from crypto investment products in the last week followed a series of inflows totaling nearly $2 billion in the previous three weeks.
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Charles Hoskinson under fire for… not dropping out of a PhD program?
“The schools say he didn’t graduate from undergrad. Also, he has said multiple times, including in our interview, that he dropped out from a PhD program,” claimed crypto-journalist Laura Shin. 1301 Total views 11 Total shares A debate has surfaced online following claims that Cardano founder and Ethereum co-founder Charles Hoskinson may have fudged the…
Tezos Foundation Announces Launch of Its Long-Awaited Mainnet
The Swiss-based cryptocurrency project the Tezos Foundation has announced that its mainnet will be launched on Monday, according to a September 14 tweet.Have a great weekend, everyone, because mainnet arrives Monday!— Tezos Foundation (@TezosFoundation) September 14, 2018On Monday, the beta period of the network will officially be over, as the protocol will become a full…
Iran Finalizes Electricity Pricing Scheme for Cryptocurrency Miners
The Iranian Economic Commission has reportedly finalized a tariff scheme for cryptocurrency miners, according to a July 21 report from Iranian economic daily Financial Tribune. Per the report, Energy Minister Homayoon Ha’eri announced that, while the tariff scheme has been finalized, it is awaiting approval from the Cabinet of Iran — a governmental body consisting of…
Directors of Alleged Crypto Pyramid Scheme Dunamiscoins Stand Trial
Two directors of Dunamiscoins, an alleged cryptocurrency pyramid scheme in Uganda, appeared before court on Monday to face 65 counts tied to obtaining money by false pretense.Local news site The Observer reported on Jan. 8 that state prosecutors had logged over 4,000 complaints against Dunamiscoins Resources Ltd., a suspected fraud that ran its course between…
South Korean legislature considering new licensing system for crypto
Regulators in South Korea have issued a new report that offers a bevy of recommendations for how to properly govern the country’s crypto industry. 357 Total views 30 Total shares A report commissioned by South Korea’s federal government recommends the domestic crypto industry adopt a licensing system for exchanges and token issuers as a way…
From Health Care to Mining, Central Asia Stays on the Blockchain Beat
Cryptocurrency and blockchain technology continues to be a global phenomenon, with adoption and utilization cases emerging in almost every corner of the globe. Digital technology has become so popular that it is now a major talking point not only in the financial sector but also in politics and governance.The seven “-stan” countries of Central and…
Bitcoin bulls return after BTC bounces at a key support level
Bitcoin price appears to be gaining bullish momentum after BTC bounced off the lower Bollinger Band. 2091 Total views 22 Total shares A wave of selling took command of the cryptocurrency market on April 7 after Bitcoin (BTC) price dropped below $56,000. The market-wide sell-off led to $1.4 billion in liquidations and some analysts suggested…
Bitcoin exchanges now hold the same BTC supply share as in late 2017
Bitcoin (BTC) held on exchanges is down to where it was at the 2017 BTC price all-time high, data confirms.Tracked by on-chain analytics firm Glassnode, the latest figures show less than 12% of the BTC supply now resides in exchange wallets.Analyst: BTC price "on the cusp of true price discovery"Bitcoin returned to exchanges during the…