Failure or 5D chess? El Salvador IMF deal walks back Bitcoin adoption

The funding round was led by Valar Ventures and partners from DST Global. 3296 Total views 14 Total shares Austria-based cryptocurrency firm Bitpanda has closed a $170 million funding round to further the firm's international growth.The latest Series B funding round was led by Valar Ventures, a venture capital firm backed by PayPal co-founder Peter…

Bitcoin (BTC) starts the week with a slow drag downhill towards pivotal support at $40,000.After bulls had something to celebrate last week, the current environment looks like a fresh dose of reality as BTC battles nervous stock markets, a resurgent U.S. dollar and more.The picture is, as always, mixed — while spot price may not…

Even though the cryptocurrency industry is not new to ups and downs, 2019 has turned out to be the year with the most surprising reveals. The long-lasting bear market of 2018 moved market analysts to call it the year of regulatory reckoning, leaving many jurisdictions uncertain about how to treat cryptocurrencies.However, 2019 also turned out…

Since white paper’s release in June 2019, Facebook’s Libra has continued to rely on blockchain architecture, vice chair Dante Disparte says. 1218 Total views 52 Total shares Despite existing concerns that blockchain is not mature enough to bring the new era of payments, the technology is being increasingly explored by global central banks. Blockchain technology…

Afri Schoeden, release manager at blockchain infrastructure firm Parity Technologies, has quit all Ethereum projects after a controversial tweet that sparked outrage on social media. Schoeden spoke to blockchain media BreakerMag on Thursday, Feb. 21.In his tweet, Schoeden reportedly criticized Serenity, also known as “Ethereum 2.0” — a final upgrade for the Ethereum network that…

The new feature offers end-to-end encrypted private messaging for anyone with a cb.id username, .eth domain, or Lens ID. Coinbase Wallet users can now send instant messages to each other using their Ethereum identities, according to a  July 12 blog post from Coinbase. The new feature relies on the Extensible Message Transport Protocol (XMTP), an…

The protocol chose Cosmos as the best fit as it would not only need decentralization but also the ability to handle and scale 1,000 orders per second. 129 Total views 21 Total shares On Thursday, crypto derivatives platform dYdX, which is currently built on Ethereum layer 2, announced that it would be moving to a…

Bitcoin (BTC) price was testing support at $10,000 Aug. 22 as the largest cryptocurrency fluctuated between four and five figures.Market visualization. Source: Coin360Difficulty must touch floor before Bitcoin price moonsData from Coin360 showed BTC/USD crossing the $10,000 mark multiple times over the past 24 hours. Currently, the pair is hovering around the $10K mark, having traded…

October has been a busy month in the race to register the first crypto exchange-traded fund compliant with the requirements of United States regulators. Following the Chicago Board Options Exchange withdrawing its proposal for VanEck/SolidX Bitcoin ETF earlier in September, the ETF filing from Bitwise Asset Management and NYSE Arca was turned down by the Securities and…