Ethereum ‘Verge’ upgrade to enable nodes on phones and smartwatches
Ethereum’s next upgrade, “The Verge,” will drastically reduce hardware requirements, making node operations accessible on everyday devices like phones and smartwatches.
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Financial Advisory Firm Says Past Market Trends Point to Bitcoin at $20,000 by 2021
Financial advisory firm Canaccord Genuity has predicted that bitcoin (BTC) could hit $20,000 by 2021 based on retrospective projections in an analysis published on May 9.This prediction is based on a close similarity between the four-year price cycles of bitcoin during the 2011–2015 and 2015–2019 ranges, as shown in the following graph:Bitcoin price cycles. Source:…
US lawmakers request Justice Dept share CBDC assessment
The House members claimed the "appropriate place for the discussion" on legislation concerning a digital dollar would be in the U.S. legislative branch. 255 Total views 11 Total shares Republican members of the House Financial Services Committee have requested the Department of Justice provide its assessment and legislative proposals around a digital dollar within ten…
The role of decentralized networks in a data-abundant, hyperconnected world
When it comes to computer data storage, it can seem like we are running out of numbers. If you are old enough, you may remember when diskette storage was measured in kilobytes in the 1980s. If you are a little younger, you are probably more familiar with the thumb drives denominated in gigabytes or hard…
Opinion: 2023 is a ‘buidl’ year for crypto gaming
2022 was a huge year for the play-to-earn (P2E) gaming scene. An influx of capital and users was followed by a sharp downturn in blockchain game token prices and a decrease in players — and the market is still reeling. And, with fallout from the FTX disaster reaching into every corner of the industry, play-to-earn’s…
BitMEX Research Unveils Who Funds Bitcoin Network Development
The research arm of cryptocurrency exchange, BitMEX, shed some light on who is funding the development of the open source software behind Bitcoin (BTC).According to a BitMEX Research report published on March 28, blockchain firms Blockstream and Lightning Labs are the largest contributors to Bitcoin development. On the other hand, Bitcoin research firm, Chaincode Labs,…
You Can’t Separate Utility from Security Tokens, Say EU Researchers
European researchers writing for the Oxford University Faculty of Law blog argue that the distinction between utility and security tokens is less important than most assume when it comes to regulation. In a Feb. 3 blog post and their paper, “Blockchain Startups and Prospectus Regulation,” Dmitri Boreiko, Paolo Giudici and Guido Ferrarini claim that the conceptual…
Institutional selling of crypto reaches longest streak since Feb 2018
CoinShares’ weekly report showed another large outflow from digital asset products, with much of the selloff concentrated in Bitcoin funds. 300 Total views 2 Total shares Institutional managers continued to take profits on their cryptocurrency holdings, with funds dedicated to Bitcoin (BTC) registering their sixth consecutive weekly outflows, according to CoinShares. Outflows from digital asset investment…
Australians Lost More Than $14M to Crypto Scams in 2019
A study by Scamwatch suggests cryptocurrency scams are a real threat in Australia. 910 Total views 36 Total shares Australians filed 1,810 reports of cryptocurrency-related scams in 2019, collectively totaling more than $21.6 million AU ($14.9 million USD).According to a study by Scamwatch, an arm of the Australian Competition and Consumer Commission, younger Australians aged…