Digital Currency Group spins out new crypto mining subsidiary

Financial service powerhouse Goldman Sachs Group Inc. lost another one of its top brass on February 5 after two other executives expressed departure plans several days prior.Goldman Sachs partner Rana Yared plans to exit her position at Goldman Sachs for a VC outfit, a source told Bloomberg for a Feb. 5 article. During her time…

It appears the root cause of concern is the potential for digital assets to disrupt the rise of India as a global power. 190 Total views 3 Total shares On Thursday, the Reserve Bank of India, or RBI, the country's central bank, published a critical bulletin regarding the cryptocurrency industry. While the report praised the…

Chinese national Yunhe Wang has been accused of hijacking over 19 million private IP addresses and reselling them to criminals for nefarious use.

The unconfirmed “partnership” between decentralized internet project TRON (TRX) and China's largest internet search provider Baidu will center on cloud computing resources, not blockchain, according to a report published by ODaily October 15.The report, as cited and translated by local crypto news source CNLedger, states that Baidu Cloud and TRON have closed a deal to…

“Interested persons” will have 21 days to comment on a proposed rule change allowing the Cboe BZX Exchange to list and trade shares of the Fidelity Ethereum Fund. 261 Total views 1 Total shares The United States Securities and Exchange Commission called on the public to comment on a proposed rule change that could allow

Recent events surrounding the rapid spread of COVID-19 to nearly every country on Earth and major markets reaction to the phenomena have crypto investors scratching their heads in bewilderment as the sector has never endured a global financial markets meltdown. The fact that Bitcoin (BTC) was born from a financial crisis but has yet to experience…

South Korea’s largest public blockchain, ICON, has released its Blockchain Transmission Protocol, allowing individual blockchains to interact and communicate with each other. 2112 Total views 53 Total shares ICON (ICX), South Korea’s largest public blockchain project, released its Blockchain Transmission Protocol (BTP) on May 28. The protocol enables interoperability between individual blockchains, facilitating value transfer, service…

Bitcoin (BTC) sought to pass $27,000 on May 13 after a “scam wick” produced new two-month lows.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewTraders: BTC price must retain $26,500Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it recovered from a flash dip to $25,800 on Bitstamp.The pair saw weakness after the start of the…

While other countries may be placing central bank digital currencies — also known as CBDCs — at the top of their agenda, Australia could buck the trend.According to a local news report on Sept. 17, the Reserve Bank of Australia's latest payments paper has taken a cautious and sceptical line toward CBDCs as well as…