Crypto should mimic TradFi rules: Global securities regulator IOSCO
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European Commission selects Iota Web3 ID for blockchain sandbox
The European Commission’s selection of Iota’s Web3 ID solution highlights the solution’s potential to revolutionize KYC processes using distributed ledger technology and tokenization on a mass scale.
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Bitcoin shatters $35K with fresh ATH
Bitcoin is rallying again, pushing into new highs above $35,000. 5552 Total views 29 Total shares Bitcoin is continuing to set new price records, breaking above $35,000 for the first time ever on Jan. 5.After setting its past record of roughly $34,800 on Jan. 3, BTC posted a fast retracement down to $28,000 the following…
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Riot Reports 147% Monthly Growth In Average Daily Run Rate of BTC Mined
Nasdaq-listed cryptocurrency mining firm Riot Blockchain has demonstrated a remarkable monthly growth of average daily run rate of Bitcoins (BTC) mined, in February.The United States-based firm has seen a 147% increase in the average daily run rate of BTC mined, against the average daily production run rate for December 2019, Riot revealed on March 5.…
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MicroStrategy says no plans to stop trading BTC as paper loss hits $1.3B
The company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss. 591 Total views 10 Total shares Own this piece of history Collect this article as an NFTSoftware analytics company MicroStrategy recorded a paper loss of over a billion dollars…
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Exit Scam? Dublin-Based Exchange Bitsane Vanishes With Users’ Funds
Ireland-based cryptocurrency exchange Bitsane has apparently vanished, taking as many as 246,000 users’ crypto deposits with it. The news was reported by Forbes on June 27.Launched in 2016, Dublin-registered Bitsane LP was formerly listed as one of Ripple’s approved exchanges — a January 2018 CNBC article had also pitched the exchange as an option for…
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PayPal co-founder Peter Thiel says he ‘underinvested’ in Bitcoin
Billionaire Peter Thiel shared concerns that investing in Bitcoin is already a “known secret.” 592 Total views 4 Total shares As Bitcoin (BTC) marked a new all-time high above $67,000, PayPal co-founder and billionaire venture capitalist Peter Thiel said he should have bought more Bitcoin.Thiel spoke of cryptocurrencies, central banks and artificial intelligence (AI) during…
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TikTok partners with crypto-powered music streaming platform Audius
According to Audius co-founder and chief product officer Forrest Browning, roughly 95% of users “have no idea that blockchain is even involved.” 1020 Total views 4 Total shares Music-sharing protocol Audius became one of the first streaming platforms to partner with TikTok, allowing users to directly share tracks to the popular app.In a Monday announcement,…
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What will happen to Bitcoin and Ethereum if traditional markets break?
Michael J. Burry, the financial wizard who was portrayed in the movie "The Big Short", is known for predicting crises. For instance, his investment fund made billions from the 2008 housing crash, and Burry liquidated almost all his entire portfolio during the 2Q of 2022.Given that no one seems to know whether traditional markets will…