Long-term Bitcoin holder buys hit $10B mark as price slips below $60K

1inch Network expands to another cryptocurrency exchange as KuCoin Wallet integrates its automated market maker functionality to improve token swaps. 148 Total views 5 Total shares Cryptocurrency exchange KuCoin will introduce native token swap functionality to its in-house wallet after integrating decentralized finance (DeFi) market maker 1inch’s application programming interface.1inch’s Pathfinder algorithm will increase the…

“NFT[s] will not stop Russian missiles, but blockchain technology will contribute to the economic recovery and development of Ukraine,” said Alexander Borniakov. 91 Total views 3 Total shares The Ukrainian government will be using the proceeds of sales from an online nonfungible token, or NFT, museum to restore artwork in the real world.According to a…

Short-video sharing app TikTok has recorded its first viral Bitcoin (BTC)-related video as the firm’s owner reportedly launched a blockchain venture.Posted by TikTok personality The Wolf of Bitcoins, the video depicts a room in a house apparently equipped with dozens of cryptocurrency mining hardware units. The video displays a short caption, “this is why GPU…

Under the orders, FTX Japan will be required to suspend OTC derivatives transactions and related margins as well as new deposits from Nov. 10 to Dec. 9 unless the FSA steps in. 349 Total views 2 Total shares The Financial Services Agency, or FSA, of Japan has requested FTX Japan suspend business orders, citing the…

A customer-owned utilities company in rural Washington has stopped accepting applications for electricity from crypto mining and similar blockchain operations, the Seattle Times reported July 30. The Franklin Public Utility District commissioners (PUD) have approved a moratorium that will allow time for staff to investigate the impact of cryptocurrency mining on the electrical system before…

Blockchain will be the most in-demand hard skill in 2020, according to a new study by the educational subsidiary of professional social network LinkedIn.A newcomer to LinkedIn’s annual list of top-demanded hard skills, blockchain now tops the list of the most-needed skills in 2020, according to a LinkedIn Learning blog post on Jan. 1.Blockchain to…

The San Francisco-based company could be the first crypto exchange to go public in the United States. 719 Total views 13 Total shares U.S.-based crypto exchange Coinbase says it anticipates going public with a direct stock listing in two weeks.According to a Coinbase blog today, the U.S. Securities and Exchange Commission, or SEC, has declared…

Cybergang Evil Corp hackers reportedly demanded $10M to restore full access to Garmin’s customer support services and navigation solutions. 1331 Total views 22 Total shares Multinational tech company Garmin may have paid some or all of a $10 million crypto ransom to hackers who managed to encrypt the firm’s internal network and take down several…