Microsoft breakthrough signals quantum-exclusive future for blockchain mining
The new hardware could ultimately host a theoretical algorithm with the potential to transform proof-of-work.
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NYDFS adopts regulation to assess supervisory costs for licensed crypto firms
Since 2015, crypto firms operating in the state of New York have largely been required to apply for a BitLicense to offer services. 459 Total views 22 Total shares Own this piece of history Collect this article as an NFTThe New York State Department of Financial Services, or NYDFS, has adopted a regulation that will…
Binance.US ‘prepared’ for SEC legal showdown
Binance.US is gearing up for an extended legal battle with the SEC, emphasizing its commitment to compliance and criticizing the agency’s enforcement tactics.
Volume of Crypto Futures Trades Is Catching Up to Spot Trading
Crypto futures trading volume now reportedly amounts to nearly 50% of the value of spot trading on crypto markets, according to Bloomberg.13 exchanges analyzedCiting volume data from 13 major global crypto exchanges, Bloomberg reported on a massive growth of cryptocurrency futures markets Oct. 31.The analyzed exchanges include institutional digital asset platform Bakkt, the Chicago Mercantile…
Ether is flying to the moon? Here’s what’s fueling the ETH rocket
Ether hit its all-time high again on Feb. 2, reaching the psychological mark of $1,500. Since then, its price has remained above this level and is currently sitting at around the $1,700 mark. Along with Bitcoin (BTC) and other cryptocurrencies, Ether (ETH) has seen outstanding price action since the start of 2021, having surged by…
Investors are back into Bitcoin but DEXs are still the future of crypto
Bitcoin’s long-waited bull run and the recent wave of corporate and institutional investors allocating significant portions of their reserves to Bitcoin (BTC) are all signs that the pace of crypto’s mainstreaming is rapidly accelerating: But has the path to mass adoption come at the cost of privacy and decentralization? Know Your Customer and Anti-Money Laundering laws…
‘$1T opportunity’: JPMorgan becomes first major bank in the Metaverse
The largest bank in the US, JPMorgan, has taken a massive step into the Metaverse, opening a virtual lounge in the popular blockchain-based world Decentraland after it labelled the sector as a “$1 trillion opportunity.”Visitors to the lounge, situated in Decentraland’s Metajuku mall, are greeted by a roaming tiger and a digital portrait of Jamie…
Hungary plans Bitcoin tax cut as part of economic recovery program
Lawmakers are reportedly planning to cut taxes on Bitcoin gains in half, possibly as early as 2022. 2876 Total views 12 Total shares Cryptocurrency investors in Hungary could be getting a major tax break very soon, as lawmakers seek to make the central European country more competitive in the wake of the Covid-19 pandemic.In a…
BTC price focuses on $26K as Bitcoin traders brace for CPI volatility
Bitcoin (BTC) returned above $26,000 on June 13 as analysts eyed resistance overhead. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBitcoin price inches between trend linesData from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to reclaim $26,000 support after the daily close.The pair had seen a curiously uneventful start to the week despite ongoing fallout…