MicroStrategy wipes $30B in biggest 4-day drop amid Bitcoin correction

The stablecoin market is valued at over $130 billion and growing rapidly, putting federal regulators on high alert over systemic risk. 649 Total views 36 Total shares A high-profile blockchain lobby group is urging United States lawmakers to adopt a “technology-neutral” approach when it comes to stablecoin regulation, arguing that dollar-pegged cryptocurrencies do not pose…

Smart contracts are immutable programs: Once a contract is deployed, it cannot be altered. This allows users to be sure that the rules by which their funds are operated will not be changed. However, the same feature makes creating secure smart contracts extremely complicated. If you create a contract with a bug or vulnerability, it…

Energy provider Hydro-Québec cited the high energy demands anticipated in the Canadian winter in its reasons to reallocate 270 megawatts from crypto mining firms. 237 Total views 4 Total shares Hydro-Québec, the firm managing electricity across the Canadian province of Quebec, plans to reallocate energy supplied to crypto mining firms. According to a Nov. 3 tweet…

The price of Bitcoin (BTC) has dropped dramatically today, falling by $600 at  6:00 p.m. UTC on Aug. 28.In the course of an hour, the Bitcoin price sank from $10,269 to $9,630, but is currently attempting to stage a recovery. At press time the coin is trading at $9,721.Bitcoin price. Source: Coin360Bitcoin’s current position marks…

Bitcoin investors sit on their hands at $26,000 — can a velocity rebound reproduce the kind of breakout seen three years ago? 304 Total views 1 Total shares Bitcoin (BTC) on-chain activity is at levels last seen before its run to 2021 all-time highs, data shows.In an X (formerly Twitter) post on Aug. 25, Ki…

Ethereum has proven to be a formidable force. While its major issues have spawned other coins aimed at addressing them, Ethereum looks to shed its old skin with the release of Ethereum 2.0.Despite the fact that Ethereum was created six years after Bitcoin (BTC) and the introduction of blockchain technology, the digital asset Ether (ETH)…

In recent years, nonfungible tokens (NFTs), cryptocurrencies and other modern investment options have become trendy. However, physical commodities such as gold are still in high demand. In 2021, the global market capitalization for cryptocurrency surpassed $2 trillion. Now, investors must ask themselves: which option should I choose — crypto or gold?Gold is a commodity that…

At the end of January, a poll apparently confirmed community support for a new mining reward-distribution structure for the Zcash (ZEC) network, whereby more will flow into the developer fund. Still, the decision proved to be rather controversial.Electric Coin Company, the firm behind Zcash, announced in a Jan. 2 blog post that a community poll…

peaking in Singapore, Agustín Carstens described a ledger that would accommodate a variety of public and private projects in discrete but connectable parts. 40 Total views 1 Total shares Own this piece of history Collect this article as an NFTGeneral manager of the Bank for International Settlements Agustín Carstens spoke at the Singapore FinTech Festival…