Grayscale announces plans for Bitcoin ETF spinoff

“Miners are following the protocol, and making a ton of money doing so,” said Juan Benet on Twitter. 705 Total views 10 Total shares Juan Benet, the creator of Blockchain-based data storage platform Filecoin, has called allegations that miners of its token have been on strike since Saturday “nonsense.”According to a report by 8btc.com, five of the…

As people around the world started following shelter-in-place orders, popular video conferencing platform Zoom quickly gained new users, noting in a recent blog post that it had reached more than 200 million daily users last month, up from 10 million in December. From virtual conferences to online birthday parties, thousands of individuals have flocked to…

Cryptocurrency exchange OKEx announced a new feature that allows its users to convert small balances to the firm’s proprietary token OKB.OKEx announced on April 7 that the new product allows its user to convert all the crypto asset balances worth less than 0.001 Bitcoin (BTC) ($7.38 at press time) into OKB. The upper limit for…

Rep. Rich McCormick called on the US government to formally declare Tigran Gambaryan as a hostage if his criminal case in Nigeria was not resolved by mid-July.

After a significant slump, the AI and big data crypto market cap has rebounded by nearly 80%, driven by renewed investor confidence.

Developers of the TON blockchain are still considering deployment, despite injunctive ruling by the U.S. court.Fedor Skuratov, a spokesperson for TON Labs, the organization behind the TON blockchain, told Cointelegraph that the recent unfavorable decisions by the U.S. court did not catch them by surprise:“The community was ready for this (or another) scenario. We have…

Bitcoin (BTC) faces up to one-and-a-half years of “boredom” as the bull market gathers steam, a new prediction says.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode predicted an “arduous” period for BTC hodlers next.Glassnode: Bitcoin hodlers set for 12 months’ “gradual accumulation”After gaining 70% in the first quarter of…

The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs. Own this piece of crypto history Collect this article as NFTA Chinese court in the city of Hangzhou has said nonfungible token (NFT) collections are online…

Senator Cruz predicts that Bitcoin mining will be used to capture wasted renewables and Texas’ power grid within five years. 645 Total views 34 Total shares U.S. Senator Ted Cruz believes The United States should be using natural gas to mine Bitcoin instead of flaring it.Speaking during the Oct. 8 Texas Blockchain Summit, Senator Cruz…