Genesis Mining to End Unprofitable Crypto Contracts

news Fees aren’t just a topic of discussion for Bitcoin Core users anymore. As the tech matures and an economy develops, fee discussions are making their way into the lightning network too. This past weekend, bitcoiners and lightning fanatics gathered in an industrial Berlin sector for the first-ever Lightning Conference. With topics ranging from onboarding…

NEWS Jay Clayton, chairman of the U.S. Securities and Exchange Commission (SEC), said Tuesday that he doesn’t see a pathway to a cryptocurrency ETF approval until concerns over market manipulation are addressed. “How that [manipulation] issue gets addressed, I don’t have a particular path. But it needs to be addressed” before an ETF gets approved,…

WATCHING YOU: Ukraine's financial regulator requires crypto service providers to monitor transactions above $1,200 and report suspicious activities. (Ukrainian banknote image: Shutterstock.)Ukraine’s revenue agency has published guidance for taxpayers to report their cryptocurrency holdings. According to the new document, first reported by Russian-language crypto news outlet Forklog, taxpayers should report digital assets as intangible property, similar…

news The former CEO of Enron, Jeffrey Skilling, is reportedly looking to start a blockchain company just a month after being freed from jail for his role in the energy giant’s massive accounting scandal back in 2001. According to a Wall Street Journal article on Monday citing sources “familiar with the matter,” Skilling may be…

Scott Minerd said he didn't believe bitcoin's investor base was "big enough" or "deep enough" to keep price at current levels.Scott Minerd is the CIO of Guggenheim Partners.(Kevin Mazur/Getty Images)Jan 28, 2021 at 9:25 a.m. UTCGuggenheim CIO Says Institutional Demand Not There to Sustain Bitcoin Above $30KScott Minerd, chief investment officer of the multi-billion dollar…

Ether has outshone bitcoin in the past seven days.Ether's fundamentals look more constructive than bitcoin's, owing to the deflationary trend in ETH's supply.Ether (ETH), the second-largest cryptocurrency by market value, has outpaced bitcoin's (BTC) rally over the past week, a trend that could continue because the fundamentals for Ethereum's native token appear more favorable than

news Openfinance, a regulated platform for digital asset trading, has added hedge fund Protos to its platform. This is the one of the first crypto hedge funds to be traded on an alternative trading system (ATS). The token will trade under the symbol PRTS. Openfinance, according to the company, “is the first U.S.-regulated digital security…

Sep 10, 2020 at 20:26 UTCHarry Halpin, Nym Technologies (Christine Kim/CoinDesk)Privacy Startup Nym Will Pay You in Bitcoin to Run Its MixnetNym, the web network, now allows bitcoin transactions and has an incentive program for people running its nodes. It is also enabling plugins that will allow users to plug in wallets and applications to…

Security expert Ari Juels has been thinking about how technology can derail society for about as long as he can remember. That doesn’t mean Juels, the chief scientist at Chainlink and professor at Cornell Tech, in New York CIty, thinks the world is going off the rails anytime soon. But over the past decade —