Harris vs Trump: Who is the crypto industry backing?
While Donald Trump has been associated with broad support from the crypto community, many people in crypto have endorsed Kamala Harris as well.
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El Salvador adoption a ‘coming of age’ for Bitcoin, says Fidelity exec
Fidelity's Jurrien Timmer believes that the significance of El Salvador’s Bitcoin move is “a little bit overplayed.” 364 Total views 10 Total shares El Salvador’s adoption of Bitcoin (BTC) as legal tender is widely celebrated across the crypto ecosystem, but one expert believes the importance of the rollout was a little bit exaggerated.Speaking to CNBC,…
Bitfury Launches Set of Tools to Drive Lightning Network Adoption
Blockchain technology firm Bitfury Group has released a series of new tools for merchants and developers in a bid to drive wider adoption of the Lightning Network (LN). The launch was announced in a blog post from Bitfury’s LN engineering team, “Lightning Peach,” Jan. 23.Bitfury’s new LN-related offerings span an open source LN-enabled Bitcoin (BTC)…
Price analysis 3/19: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH
A report by Deutsche Bank Research said that Bitcoin (BTC) has become “too important to ignore” and may attract regulation by the end of 2021. Deutsche Bank analysts expect Bitcoin to reach a turning point in about “two or three years” when it will be clear whether Bitcoin will evolve into an asset class or…
Polkadot unveils $770M development fund ahead of parachain auctions
Polkadot (DOT) founder Gavin Wood has unveiled a $777 million development fund ahead of the network’s parachain lease auctions. Wood tweeted on Oct. 17 that Polkadot’s treasury has allocated more than 18.9 million DOT (worth roughly $777 million at the time of writing) to a development fund that will be disbursed through community governance. Wood…
Iran pauses electricity exports due to crypto mining and hot summer
Discounted tariffs made Iran attractive to miners, now the country is having a hard time closing the gap between the production and consumption of electricity. 408 Total views 7 Total shares Iran’s challenge with the ever-increasing electricity consumption reached new heights, leading the country to halt electricity exports.Abuzer Salihi, general manager of Iran’s electricity distribution…
UFC Fighter Changes Twitter Name to Promote Bitcoin Halving
As Bitcoin (BTC) prepares to undergo a block reward halving next month, at least one prominent figure in the sports world is doing his part to promote the event.Ben Askren, former Ultimate Fighting Championship (UFC) fighter and well-known Bitcoin bull, has changed the display name on his Twitter account to “Bitcoin Halving May 13”. Askren…
Ethereum.org Gets Redesigned With New Content and Doge Illustrations
The Ethereum Foundation is changing up some of its website’s designs as it pushes for a comprehensive educational strategy. The official website for the Ethereum Foundation updated some of its under-the-hood infrastructure and refreshed much of its look.According to a development update from ethereum.org released on Aug. 5, the website is now running on the…
Paris court sentences Alexander Vinnik to five years in prison
Years after his initial arrest, Vinnik has finally been sentenced. 719 Total views 5 Total shares After years of extradition debates, Bitcoin (BTC) launderer Alexander Vinnik has finally been sentenced by a French court.According to a Dec. 7 report by Novaya Gazeta, Vinnik has been sentenced to five years in prison for "money laundering as…