Hong Kong streaming firm to buy $100M of crypto, Worldcoin sanctioned: Asia Express

For years, tribalism has plagued the blockchain industry. Developers align to specific consensus protocols and defend technologies that use them, regardless of their limitations. These deeply rooted divisions are slowing the innovation needed to scale blockchain for future adoption. The enterprise market is only beginning to understand the promise of blockchain, and that promise will be…

Cryptocurrency market analysts unpack the ramifications of consecutive quarters of negative GDP growth in America. 145 Total views 7 Total shares Data from the United States commerce department suggests America has entered a technical recession, but market analysts have highlighted key metrics that suggest investors are optimistic.The American economy shrunk for the second consecutive quarter,…

Chinese mining and mining Application Specific Integrated Circuit (ASIC) manufacturer Bitmain lost $625 million in the first two months of this year, local media QQ reports on Aug. 2.Hundreds of millions lostPer the report, the firm sustained losses of $625 million by March, $345 during January, and $280 million during February. Those results were reportedly…

Iranian authorities have conducted many raids on crypto miners in abandoned factories, homes, and small businesses — nothing quite as high profile as the country's largest stock exchange. 962 Total views 3 Total shares Ali Sahraee, the chief executive officer of the Tehran Stock Exchange since 2018, has reportedly resigned after the discovery of cryptocurrency…

Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, published on June 25 an open letter to Mark Zuckerberg, advising to back Facebook’s cryptocurrency Libra with gold.In the letter, Forbes strongly encouraged Facebook’s crypto initiative, emphasizing Libra’s potential to become one of the greatest inventions in the world, which eventually “could replace the U.S. dollar as…

A brief but timely reversal sees BTC/USD attempt to establish a firm foundation for its next stage of bullish upside. 943 Total views 20 Total shares Bitcoin (BTC) briefly fell below $50,000 to retest support on Sep. 3 in a "critical" move for determining bullish continuation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets…

Coinbase has gone offline four times in the last three months during major Bitcoin (BTC) price moves and furious users unable to access their portfolios are demanding answers. On June 1, when Bitcoin rallied from the $9,600s to $10,380 in less than an hour, Coinbase users trying to access their portfolio were met with a message…