Major memecoins are down 63% on average despite market frenzy

Crypto ownership has not significantly risen even with the bear market over, according to the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute.

JP Morgan-backed digital services firm Smartrac has partnered with SUKU Ecosystem, a blockchain startup owned by former Deloitte exec Eric Piscini, according to a tweet on Tuesday, Jan. 22.SUKU, which is parented by another Piscini-owned blockchain firm Citizen Reserve, will provide its platform to integrate with Smartrac’s supply chain. Smartrac is a radio-frequency identification (RFID)…

All user funds are safe following the network halt, according to the Bittensor team.

The regulatory body said any rule change in favor of approving the ETF would not be aimed at preventing “fraudulent and manipulative acts and practices” nor would it necessarily “protect investors and the public interest.” 168 Total views 41 Total shares The United States Securities and Exchange Commission has disapproved asset manager Fidelity’s Wise Origin…

One crypto executive predicted five months ago that spot Bitcoin ETFs would only be approved after Binance lost ground on its market dominance. 754 Total views 6 Total shares Binance’s $4.3 billion settlement with the United States was the final hurdle before the country’s securities regulator approves spot Bitcoin exchange-traded funds (ETFs), many industry watchers

Toward the end of June 2019, news emerged that the mining giant Bitmain might be reviving its initial public offering (IPO) plans. As Bloomberg reports, the China-based cryptocurrency mining hardware producer is allegedly preparing to file documents with the United States Securities and Exchange Commission (SEC) to hold its share sale on U.S. soil.Bitmain —…

Canadian tech company DMG Blockchain Solutions has installed 1,000 new Bitcoin (BTC) mining machines at its Christina Lake mining-as-a-service facility in British Columbia. Per a Jan. 6 press release, DMG has purchased the new miners from Chinese mining giant Bitmain, with the total power consumption of approximately 1.5 megawatts. Initially announced in December of last year, the…

Blockchain continues to attract interest in the pharmaceutical industry. Samsung SDS will conduct a series of pilot projects in November to test blockchain-powered medicine distribution management. The goal of these tests is to guarantee transparency in the process of tracking pharmaceutical drugs.According to Yankup, the IT branch of Samsung Group announced the pilot programs, named…

Invesco’s spot Bitcoin ETN joins 25 other similar products on Deutsche Boerse’s digital exchange, Xetra. 481 Total views 23 Total shares Soon after dropping a filing for a Bitcoin (BTC) futures exchange-traded fund (ETF) in the United States, asset manager Invesco is launching a spot BTC exchange-traded note (ETN) in Europe.On Nov. 29, German stock…