Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024
Many mining stocks are on track to close the year in the red, even with Bitcoin’s gains in 2024.
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Backlash as Harmony proposes minting 4.97B tokens to reimburse victims
Under the proposal, there would be either a 100% reimbursement via 4.97 billion new ONE tokens, or a 50% reimbursement with 2.48 billion ONE tokens. 343 Total views 25 Total shares The team behind the Harmony blockchain project has proposed the minting of up to 4.97 billion worth of its native token ONE to compensate…

DBS Bank Joins Global Blockchain Network to Digitize Trade Settlement
Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process. Singapore-based multinational banking firm DBS Bank has joined the blockchain trade-finance network Contour, which is built over R3’s Corda. Contour is due for a main-launch later this year.According to a May 11 report by the business news outlet The…

Ripple boss tips when SEC case will end as Hoskinson hits back at XRP army
Optimistically speaking, Brad Garlinghouse thinks the case will be concluded in 3-4 months, though it could take longer. 256 Total views 3 Total shares

Germany’s recession triggers responses from the crypto community
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To see eye-to-eye? Crypto industry should start embracing regulation
Since the exuberant crypto bull run of 2017, regulators have increased their activity in the industry. United States governing bodies such as the Securities and Exchange Commission, the Department of Justice and the Commodity Futures Trading Commission have all pursued various types of legal enforcement. From December 2020, there has been an even further regulatory push,…

HTX reveals the future of Bitcoin DeFi: Babylon staking and fractal scaling
Explore how Babylon unlocks yield for Bitcoin holders and how Fractal Bitcoin addresses scalability. Will these projects pave the way for a new era in DeFi?

Amazon: How E-Commerce Giant Chose Blockchain Over Bitcoin
On November 13, Amazon was granted two crypto-related patents. While the American e-commerce pioneer, with a revenue of over $177 billion, has not chosen to accept Bitcoin (BTC) and major altcoins as a payment option despite public interest and competitors’ experience, it has not ignored the subject altogether. In fact, Amazon Web Services (AWS), the…

SEC Tells Telegram Its Crypto Is Worth Less Than Donuts
On Jan. 27., the Securities and Exchange Commission (SEC) fortified its case against Telegram, saying its Gram token is worth less than donuts. The SEC’s counterIn the latest in their battle with Telegram and the Telegram Open Network (TON), the SEC argued in a memo to the Southern District Court of New York:“Telegram offered and sold…