Ethereum's 40-month slump vs. Bitcoin won't end in a dollar 'freefall' scenario

The NUG finance minister said Tether use would enhance trade speed and payment efficiency. 2001 Total views 25 Total shares Myanmar’s shadow government, the National Unity Government (NUG), led by the supporters of jailed leader Aung San Suu Kyi, has declared U.S. dollar-based stablecoin Tether (USDT) as an official currency for local use. As per a…

The Ethereum network is turning five years old, but ETH price performance versus Bitcoin leaves something to be desired. 1394 Total views 18 Total shares Ethereum is five years old and Ether (ETH) has surprised investors with a trip above $300 — but compared to Bitcoin (BTC), the biggest altcoin is underperforming.As data from on-chain…

Fantom has previously pledged to cut its token burn rate by 75% to incentivize DApp development. 194 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTAccording to a new Medium post published on Dec. 26, decentralized finance (DeFi) architect Andre Cronje reaffirmed goals and priorities for the Fantom (FTM) ecosystem…

Blockchain companies in Malta are reportedly struggling with opening bank accounts, local news outlet the Times of Malta reported on Mar. 1.The Times of Malta allegedly contacted a number of legal firms and financial companies, who confirmed that banks were declining their applications to open bank accounts, saying that it was beyond their “risk appetite.”…

Ecosystem development funds have become one of the latest market-moving trends in the crypto sector and protocols with large treasuries have discovered that  reward and incentive programs are one of the best ways to attract new users and protocols to a project. One protocol that has recently seen its token price rally following the release of…

It's no secret that Bitcoin (BTC) mining is an expensive business, and in more ways than one. Not only has it become less profitable since July 2016's halving of mining rewards to 12.5 BTC, but competition among miners and an increasing hashrate have resulted in ever-higher energy consumption, with all the damage to the environment…

China’s CBDC is on its way to Hong Kong. China’s digital yuan, also known as the digital currency electronic payment, or DCEP project, will be rolled out for testing at Hong Kong’s Greater Bay Area in the coming weeks, local news agency the Southern Daily reports on Aug. 12.The Greater Bay Area, or GBA, is…

Blockchain forensics firm CipherTrace has published a detailed analysis of how two Chinese nationals. associated with North Korea. laundered tens of millions of dollars worth of stolen cryptocurrency.The pair are believed to be associated with the shadowy Lazarus Group, which was behind the Sony breach in 2014, the WannaCry ransomware epidemic in 2017, and a…