Ethereum's lackluster performance has little to do with spot ETH ETF approval

South Korea’s LG UPlus, a mobile carrier owned by the country’s fourth largest conglomerate LG Corp., is launching a blockchain-based cross-carrier overseas payment service, Korea Times reports today, September 16.Last Thursday, September 13, LG UPlus had signed an MoU to develop the new service alongside three global partners: Taiwan-based Far EasTone Telecommunications, Japan’s SoftBank, and…

Every week, subscribers of Cointelegraph's data analytics platform receive a detailed breakdown of each algorithmic tool's performance. 807 Total views 30 Total shares Cointelegraph's Markets Pro data intelligence service, which offers institutional-grade research tools for crypto traders, has shared the latest weekly VORTECS™ Report with its community of subscribers.The full report, available only to subscribers,…

China has carried out multiple crypto crackdowns and enforced numerous bans on crypto markets since 2013, however, Chinese traders have always found a way to bypass these bans. 712 Total views 6 Total shares People’s Bank of China, the central bank of the country, claimed in a recent note that China's share in the global…

Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay. 628 Total views 24 Total shares Bitcoin mining involves a delicate balance between multiple moving parts. Miners already have to face capital and operational costs, unexpected repairs, product shipping delays and unexpected regulation…

The government will use the “surplus” from its Bitcoin Trust account that currently contains 1,120 BTC. 43 Total views 37 Total shares The government of El Salvador is embarking on its next Bitcoin-related project which involves building schools using profits the nation has made on the asset.Profits or the “surplus” from the state’s Bitcoin Trust…

Optimism has been on a hiring spree and plans to expedite its mainnet launch after securing backing from Andreessen Horowitz. 2172 Total views 11 Total shares Optimism, a company providing Layer 2 scaling solutions for Ethereum, has secured backing from venture capital firm and Coinbase investor Andreessen Horowitz, or A16z.Andreessen Horowitz, which manages a portfolio…

A June 12 AAVE (AAVE) proposal aimed at preventing a particular account from accumulating more debt has led to controversy, with some participants arguing that the proposal violates the principle of censorship-resistance or “neutrality” in decentralized finance, or DeFi.Some participants believe that the account is owned by Curve (CRV) founder Michael Egorov. Cointelegraph was not…