MicroStrategy to raise $42B to buy Bitcoin in ‘21/21 plan’
Crypto commentators are “bullish” on MicroStrategy’s plan, predicting it will propel the company ahead of not just other public firms but countries too.
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Decentralized Web3 data service taps ZK-proofs for tamper-proof SQL queries
Space and Time launches zero-knowledge proof tool for its decentralized database platform. 216 Total views 2 Total shares Decentralized Web3 data service Space and Time has tapped into zero-knowledge proof (ZK-proof) technology to cryptographically verify information queries within its ecosystem.The company’s proprietary Proof of SQL allows the platform to generate a SNARK cryptographic proof of a query…
Bitwise pledges 10% of spot Ether ETF profits to Ethereum developers
Bitwise launches its spot Ether ETF, pledging 10% of profits to Ethereum developers via Protocol Guild and PBS Foundation.
Bear Market and Declining Hashrates Mean Mining ETH No Longer Profitable, Analysis Finds
Mining Ethereum (ETH) using a graphics processing unit (GPU) is no longer profitable, according to an analysis from U.S.-based global trading and technology firm Susquehanna. CNBC reported Nov. 13 on Susquehanna’s findings, which point to the protracted slump in crypto markets and declining network hashrates as reasons for the profit decrease.In Susquehanna’s analysis, profit per…
Italy to raise capital gains tax on Bitcoin from 26% to 42%
Italy plans to raise the withholding tax on Bitcoin capital gains to 42% and remove the 750,000 million euro minimum revenue requirement for the Digital Services Tax.
Bitcoin holds $40K over Easter but thin liquidity, ‘capitulation’ risk haunt traders
Bitcoin (BTC) chose compression over the Easter weekend, sparing nervous traders a fresh dive below $40,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDerivatives traders take no risksData from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a narrowing range with $40,700 as its ceiling Saturday and Sunday.The pair saw little action as the holiday period began,…
Ethereum devs discuss gas optimizations, but it will probably be too little too late
An Ethereum All Core Devs call was held on Friday to discuss a variety of Ethereum Improvement Proposals as gas fees on the network remain historically high.The agenda included several discussion points on high gas prices and ways to mitigate the issue. Alexey Akhunov, an independent Ethereum researcher, opened with a comment on the existence…
Gates Foundation to Partner with Ripple and Coil to Support ‘Pro-Poor’ Payment Systems
The Bill and Melinda Gates Foundation is partnering with Ripple Labs Inc. and digital payments firm Coil to implement the Interledger Protocol, the Foundation’s Deputy Director and Principal Technologist Miller Abel tweeted Oct. 17. The Foundation itself has not made a formal announcement regarding the partnership.Apart from the implementation of Ripple’s Interledger Protocol, which is…
Thai Parliament Approves Amendments Allowing Issuance of Tokenized Securities
Thailand’s National Legislative Assembly has officially allowed the issuance of tokenized securities on blockchain, major newspaper The Bangkok Post reports on Friday, Feb. 22.The government will amend the Securities and Exchange Act, according to the article. As soon as the changes come into effect later in 2019, tokenized securities such as stocks and bonds can…