Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Blockchain Capital Partner Spencer Bogart: Facebook Could Double or Triple Crypto Users
Blockchain Capital partner Spencer Bogart claimed that the crypto endeavors of social media giant Facebook could result in the cryptocurrency user base doubling or tripling. Bogart made his remarks during an interview with Bloomberg published on May 8.In the interview, Bogart confirmed that he thinks Facebook Coin — whether it will be a stablecoin or…
Russia Will Not Legalize Facebook’s Cryptocurrency, Official Says
Chairman of the Russian State Duma Committee on Financial Market Anatoly Aksakov has said that Facebook’s forthcoming cryptocurrency Libra will not be legalized in Russia, local news outlet TASS reported on June 18.Aksakov stated that Russia will not legalize the use of Facebook’s Libra cryptocurrency which the company intends to roll out in 2020, because…
Former Bakkt CEO and New US Senator Loeffler Will Help Oversee CFTC
Former Bakkt CEO and Georgia's new Senator Kelly Loeffler will help oversee major financial regulator, the Commodity Futures Trading Commission (CFTC).Sworn into the United States Senate on Jan. 6, the crypto-friendly businesswoman has joined the Senate Agriculture Committee, which oversees the CFTC. The news was first reported by farm and policy publication Agri-Pulse on Jan.…
UK Standards Institution Partners With Blockchain Startup for Supply Chain Compliance
The United Kingdom’s national standards body, the British Standards Institution (BSI), has partnered with blockchain company OriginTrail to increase supply chain transparency. The partnership was reported in a Jan. 24 press release.BSI, which has operated since 1901 and had a reported revenue in 2017 of 473 million GBP (about $616 million), says it wants to…
Investors flock to ETH products over BTC as markets recover: CoinShares
Ethereum funds also lead Bitcoin ETPs on monthly performance with $150 million in inflows so far this month.
Critical bug identified and remedied in Circle’s Noble-CCTP
Blockchain security firm Asymmetric Research privately disclosed the vulnerability to Circle, which has since been addressed.
Energy Used by Idle Devices in the U.S. Can Power Bitcoin For 4 Years
Academic researchers at the University of Cambridge (UoC) have launched a real-time index that tracks the total electricity consumption of the Bitcoin network.The news was revealed in an announcement posted by the university’s interdisciplinary academic research institute, the Cambridge Centre for Alternative Finance (CCAF), on July 2.The now-live Index — the Cambridge Bitcoin Electricity Consumption…