Ex-Bitfarms interim CEO steps down amid board shakeup
Bitfarms announced a new member and leadership to its board as Riot Platforms’ still appeared poised to replace three members in October.
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Under the Christmas tree: The best crypto gifts this holiday season
Each person who receives cryptocurrency becomes a member of a community already numbering in the millions, with common goals, interests and plans. But how can you find the right gift for the crypto enthusiast in your life when the holidays come around?It’s no secret that people struggle to choose gifts when they want to meet…
Barclays Analyst Predicts Billions in Additional Revenue From ‘Facebook Coin’ by 2021
Facebook’s own cryptocurrency, if launched, could potentially generate $19 billion in additional revenue by 2021, CNBC reports on March 11.Barclays internet analyst Ross Sandler wrote in a client note that a cryptocurrency could establish a new revenue stream for Facebook, aiding its share price that tanked amid a series of high-profile scandals last year.In his…
Elon Musk swaps Twitter avatar for a horde of Bored Apes, BAYC floor price surges 10 ETH
The development has caused a stir in the NFT community, with some saying Elon Musk made a collage of bored apes on his avatar to troll NFT owners. 890 Total views 48 Total shares Fresh from bidding to Purchase Twitter, Elon Musk, the billionaire CEO and founder of Tesla, sparked a stir on the social…
Crypto hotspots continue to thrive despite FTX collapse
The sudden failure of FTX has left many people questioning the impact this will have on the cryptocurrency ecosystem. For instance, it remains questionable whether or not crypto hotspots will continue to flourish or if there will be a decline in innovation. While it may be too soon to fully understand the impact of the FTX…
15 Countries to Develop Crypto Transaction Tracking System: Report
About 15 global jurisdictions, including the G7 countries, will reportedly develop a system for tracking crypto transactions to prevent illicit uses of cryptocurrencies.The Financial Action Task Force (FATF) is planning to prepare detailed measures by 2020, according to a report by Tokyo-based newspaper Nikkei on Aug. 9.The new system intends to collect and distribute personal…
Celsius becomes first CeFi or DeFi platform to cross $20B AUM
In March, research from Alpha Sigma Capital suggested that the platform would reach $30 billion in assets under management by the end of 2025. 780 Total views 96 Total shares Crypto lending platform Celsius Network has reported it holds more than $20 billion in digital assets, making the company one of the largest in decentralized…
Helium network team resolves consensus error after 4-hour outage
The network downtime affected token transfers and miner rewards, but not devices during the 4-hour outage caused by a failure in the Consensus Group. 302 Total views 13 Total shares The Internet of Things (IoT) blockchain Helium shut down for about 4 hours on July 11 due to validator outages from a software update, causing…
2020 Presidential Hopeful Swalwell Launches Crypto Donations Campaign
Eric Swalwell, a United States Democratic presidential candidate for the 2020 elections, has launched a crypto donations campaign, according to a press release shared with Cointelegraph on May 23.Swalwell, 38, announced his presidential bid on April 8. A fourth-term Member of Congress from California's Bay Area, he serves on the House Intelligence and Judiciary committees…