MATIC, SUI, RENDER and TAO could soar if Bitcoin holds $64K
Altcoin traders could send MATIC, SUI, RENDER and TAO higher if Bitcoin manages to continue trading above $64,000.
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Traders are withdrawing 2,000 BTC from centralized exchanges daily
Surging BTC outflows from centralized exchanges suggest the Bitcoin markets could be in an accumulation. 174 Total views 5 Total shares The number of Bitcoin held on centralized exchanges has consistently fallen since late May, with roughly 2,000 BTC (worth roughly $66 million at current prices) flowing out of exchanges daily.Glassnode’s July 12 Week On-Chain…
The aftermath of LBRY: Consequences of crypto’s ongoing regulatory process
The case of LBRY highlights a wave of renewed regulatory pressure that could affect both blockchain token-issuing companies and their investors.In November, an over year-long court battle between the United States Securities and Exchange Commission (SEC) and blockchain development company LBRY and its LBRY Credits (LBC) token culminated in the ruling of the token as…
Litigation and Steady Price Decline — Can XRP Sustain Such Attrition?
Ripple has long occupied a controversial position in the cryptocurrency industry. The ascension of Ripple’s in-house token, XRP, to the position of the second-largest cryptocurrency by market cap was enough validation for some that the company was set to play a major role in the industry for many years to come. However, since those halcyon…
Bitmain Launches ‘World’s Largest’ Bitcoin Mining Facility in Texas
Chinese cryptocurrency hardware manufacturer Bitmain has opened what it claims is the “world’s largest” facility for Bitcoin (BTC) mining in Rockdale, Texas. In a news release published on Oct. 21, Bitmain revealed the project had been completed together with the Rockdale Municipal Development District and Canadian technology firm DMG Blockchain Solutions.Pledges to boost the local economyThe news release…
Germany: Suspects Arrested for Stealing Electricity in Crypto Mining Operation
In the German city of Klingenthal, Saxony, police have arrested a group of suspects for stealing electricity to operate a cryptocurrency mining farm, Cointelegraph auf Deutsch reports Feb. 6.Police officers reportedly tracked down a system of 49 computers operating in the premises of former electrical services company PGH Elektro. Since at least 2017, the mining…
Binance tried to hire Gary Gensler in 2018 for closer ties with U.S. regulators: Report
The SEC chairman was approached by Binance in 2018 and 2019, while teaching at the Massachusetts Institute of Technology. 196 Total views 5 Total shares Own this piece of history Collect this article as an NFTCrypto exchange Binance sought to hire Gary Gensler as an advisor before he became chairman of the United States Securities…
Biden’s Homeland Security team taps tech elite for AI defense board
The board includes the CEOs of Adobe, Alphabet, Anthropic, AMD, AWS, IBM, Microsoft and Nvidia, as well as other business, civil rights and academic leaders.
How to use UniSwap: A step-by-step beginner’s guide
The Uniswap decentralized exchange (DEX) is the most popular DEX built on the Ethereum blockchain. For users wondering, "What is Uniswap?," this article provides an overview of what it is and how it works as well as several ways users can get started using the Uniswap DEX.With Uniswap, users can swap crypto tokens without having…