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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Russia: CEO of Banking Giant Sberbank Says Blockchain Tech Will Be ‘Ready’ in 3-5 Years
Herman Gref, CEO of state-owned Sberbank – Russia’s largest banking conglomerate – believes that global governments won’t “let go” of centralized models to “allow” decentralized cryptocurrencies to flourish within the next 10 years, local news agency RIA Novosti reports Oct. 18.According to Gref, governments are not yet ready to part with centralized currencies and thus…
Crypto hater Peter Schiff to drop Bitcoin Ordinals NFT art collection
In what seems like a parody but isn't, Economist, gold proponent and avid crypto skeptic Peter Schiff has unveiled a collaborative nonfungible token (NFT) art collection on Bitcoin that will soon go up for auction. The reaction from the crypto community has been mixed, with people generally baffled, amused, welcoming — especially Ordinals proponents —…
Kazakhstan’s central bank reports results on CBDC pilot project
The National Bank of Kazakhstan said it plans to present some of the results of the CBDC study to stakeholders in July 2022 and reaching a decision on launching a digital tenge by December. 606 Total views 16 Total shares Kazakhstan, the country behind one of the largest sources of Bitcoin mining hash power, has…
Post-Halving Reality: 17% Of Miner Revenue is Coming From Fees
In the post-halving reality, Bitcoin miners revenue has dropped by over 60 percent. 4579 Total views 56 Total shares With the block reward cut in half, miners are relying on Bitcoin (BTC) transaction fees to sustain themselves to a much greater extent.Miners lost 61% of their revenueMay 10, miners earned 2188 BTC, May 12, this…
Ethereum Istanbul Hard Fork Release Date Confirmed By Core Developer
Team lead at the Ethereum (ETH) Foundation Péter Szilágyi has confirmed Dec. 4 as the expected date for the network’s forthcoming Istanbul hard fork.In two tweets posted on Nov. 7, Szilágyi indicated that Istanbul will commence at block 9069000. He provided Geth mainnet node operators with a link to a new maintenance release designed to…
US Senators Grill Facebook on Privacy, Trust Issues in Libra Hearing
At the ongoing hearing on Facebook’s Libra cryptocurrency project with the Banking Committee of the United States Senate, lawmakers are interrogating Facebook on privacy and trust concerns. As a Cointelegraph correspondent reports on July 16, David Marcus, head of Facebook’s crypto wallet Calibra, is stressing the project’s trust and regulatory compliance, while some senators are…
Opera browser debuts stablecoin wallet MiniPay in Africa
Opera’s new in-browser, non-custodial wallet runs on the Celo blockchain and targets the platform’s user base in Africa for P2P stablecoin transactions. 69 Total views 1 Total shares The web platform Opera revealed its plans to launch a non-custodial stablecoin wallet integrated into its mobile web browser which will be made available to its user
US Senate confirms CFTC chair as President Biden announces commissioner picks
At his October confirmation hearing, Rostin Behnam said it was "critically important to have a primary cop on the beat" of an emerging market that included cryptocurrencies and stablecoins. 399 Total views 11 Total shares Congressional lawmakers confirmed the nomination of Rostin Behnam, a commissioner at the Commodity Futures Trading Commission who had been serving…