French authorities to issue statement on Pavel Durov’s detention
It remains unclear if Durov has been officially arrested or charged.
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A G-7 task force reports that stablecoins, such as Facebook’s Libra, present significant risk to the global financial system but also have potential in the field of payments.Doubling down on regulationsOn Oct. 18, in a report requested by the G-7 finance ministers and central bank governors, the task force confirmed that the group of the…
Controlling 17% of BTC hash rate: Report on publicly listed mining firms
The Cointelegraph Research Terminal, the leading provider of premium databases and institutional-grade research on blockchain and digital assets, has added a new report to its expanding library. The latest paper looks at a particular group of players in the Bitcoin (BTC) mining industry. Published by crypto consulting firm Crypto Oxygen, the report highlights the current…
KuCoin suspends Bitcoin and Litecoin mining pools
"We deeply regret any inconvenience this might cause and we remain grateful for your unwavering support and understanding," the exchange wrote. 614 Total views 1 Total shares KuCoin's Bitcoin (BTC) and Litecoin (LTC) mining pools will be suspended from 16:00:00 on Aug. 15, 2023 (UTC) until further notice. The exchange said the decision was "in line…
JPMorgan note to clients endorses 1% allocation to Bitcoin as a hedge
Bitcoin would serve as a hedge against fluctuations in traditional assets. 2589 Total views 21 Total shares Strategists at Wall Street banking giant JPMorgan have suggested that a one percent portfolio allocation to Bitcoin would serve as a hedge against fluctuations in traditional asset classes such as stocks, bonds, and commodities.A small percentage allocation was…
IADB: Blockchain Technology Program Aims to Fight Violence Against Women and Children
The Inter-American Development Bank has launched a competition that invites projects to propose blockchain-based solutions for preventing violence against women, children and the elderly. Companies, entrepreneurs, startups and NGOs are all invited to submit their ideas.The challenge, called "Blockchangel," was proposed in a joint alliance between the LACChain group's innovation laboratory and the Everis Foundation. Incorporating a blockchain…
Hash Rate Spike Relates to BTC Price, but Halving Throws Miners Off Their Game
Following an enormous drop in Bitcoin’s (BTC) network hash rate back on March 26, the premier currency’s hash rate increased between April 4 and April 6 by at least a whopping 33%, exploding from around 85–91 exahashes per second to roughly 122 EH/s, according to various data sources.Historically speaking, Bitcoin’s native hash rate and overall…
Bitcoin Worth Over $7,400 Again as US Stock Market Sees Moderate Downturn
Monday, May 13 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) has crossed the $7,400 mark.Market visualization courtesy of Coin360Bitcoin is up over 5.2% on the day, trading at $7,431 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin…
CasperLabs readies blockchain platform for 2021 mainnet launch with $14M private sale
A project that started out in the Ethereum ecosystem may soon be a worthy adversary for the network. 1099 Total views 14 Total shares CasperLabs has raised $14 million in a private validator token sale, with over a dozen investors participating in a round led by Digital Strategies. The company expects to launch its public mainnet…