FTX 2.0 to launch soon? Court filing shows a reboot plan in the works

Russian crypto advocates are already collaborating with a consortium including some of China’s largest crypto mining-related companies. 428 Total views 7 Total shares A major cryptocurrency and blockchain association in Russia is launching a project to bring global crypto mining operations to the country amid a Chinese crypto mining crackdown.The Russian Association of Cryptoeconomics, Artificial…

The Thai branch of U.S. global IT company IBM will promote blockchain and artificial intelligence (AI) in order to turn the country into a major sales hub in the surrounding region, English-language daily news outlet The Bangkok Post reports Wednesday, Nov. 14.According to the article, IBM is going to promote blockchain in collaboration with the…

Many investors hold Bitcoin (BTC) as a hedge against the global financial system. However, as the numbers show, Bitcoin has not been spared from the recent COVID-19 financial crisis.This article will analyze the movement of global financial markets and its correlation with Bitcoin during the COVID-19 crisis. We’ll consider the following sources as price measures…

70% of crypto payments in the European Union go toward retail, food and beverage purchases, according to a report from Oobit, a cryptocurrency payments platform that surveyed its users’ spending habits. The report, which denominated all transactions in US dollars, showed that the average payment size using the Oobit app was $8.36, while the average

"NFTs can create models of scarcity and exclusion that conflict with our Guidelines and the spirit of Minecraft," says the entity. 182 Total views 5 Total shares On Wednesday, Minecraft's developer Mojang Studios said that it would be excluding the integration of nonfungible tokens, or NFTs, alongside blockchain technology as a whole, in its popular…

On Feb. 12 Iota (MIOTA) suffered an attack targeting its official desktop wallet. The Iota network went offline on the same day, and has remained down since.On March 6, David Sønstebø, the founder of Iota, revealed that he will personally fully repay all 46 victims of last month’s Iota hack to the tune of 8.52…

Bitcoin (BTC) price has retreated by more than 40% after topping out near $65,000 in mid-April. But that is not enough to derail the flagship cryptocurrency's long-term bull trend, especially as global markets grapple with declining national currencies and the prospect of a commodity market crash.So believes Mike McGlone, the senior commodity strategist at Bloomberg…

On Feb. 9, United States Securities and Exchange Commission (SEC) chair Gary Gensler explained why the regulator had cracked down on Kraken cryptocurrency exchange, forcing it to stop its crypto staking program for U.S. clients. This news may have rattled crypto investors and they sold aggressively. Bitcoin (BTC) crashed about 5% on Feb. 9 and several…

A research unit for crypto exchange BitMEX analyzed recent data on Bitmain which was leaked to Twitter earlier this week. According to the report published on BitMEX blog Thursday, August 30, the Chinese mining giant has “legendary” potential, but future success will depend on skilled management.Discussing the source of leaked Bitmain financial data — apparently…