Nancy Pelosi mulls supporting Republican’s FIT21 crypto bill: Report
The former House Speaker is reportedly considering support for the Republican crypto legislation, breaking from ranking Democrats.
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Bitcoin Stock-to-Flow Creator Will Go Dark if BTC Price Hits 6 Figures
The world will be “nasty” if Bitcoin hits stock-to-flow’s predictions of $288,000 and higher, PlanB warns, as governments will fight for it. The creator of the Bitcoin (BTC) price model, which forecasts $288,000 for BTC/USD by 2024 will “go dark” if his predictions come true.Speaking on the latest edition of the Stephan Livera podcast on…

Cryptosat’s first nanosatellite blasts off Wednesday on SpaceX rocket
If all goes to plan Wednesday’s SpaceX rocket launch in Florida will blast a “crypto-satellite” into low Earth orbit, paving the way for secure blockchain-related cryptography in spaceCryptosat, as the name hints, is the company which created “Crypto1”, a crypto-satellite module hitching a ride aboard a Falcon 9 rocket for SpaceX’s Transporter 5 mission. The…

Forrester Research: 90% of Blockchain Initiatives by US Firms Will Never Become Operational
About 90 percent of currently active U.S. companies’ blockchain initiatives will ultimately be abandoned. This statistic comes from a study by Forrester Research, cited by Bloomberg in an article July 31. The U.S. market research firm Forrester Research predicts that most of blockchain-powered projects initiated by American companies will be put on hold in 2018.…

BitPay Undergoes Security and Confidentiality Certification Audit
Major cryptocurrency payment services provider BitPay has undergone a security and confidentiality compliance review, the Service Organization Control 2 (SOC 2).Per a Sept. 30 press release, business advisory company Aprio confirmed BitPay’s compliance with the SOC 2, a tech audit and a requirement for technology companies that assures that customers’ personal data is kept secure…

Championing Blockchain Education in Africa: Women Leading the Bitcoin Cause
It’s no secret that women are underrepresented in the technology and financial industries. In the U.S, women only hold a quarter of computing-related jobs. Some sectors, like software engineering, fare even worse, with female representation as low as 15%. And now along comes blockchain, a technology that promises a global revolution through decentralization. Blockchain has…

Blockstack’s Proof of Transfer Would Have Miners Pay BTC to Mint Stacks
Blockstack unveiled a novel consensus mechanism for piggyback blockchains called Proof of Transfer (PoX) on Feb. 6. Instead of relying on its own proof of work, miners under PoX commit Bitcoin (BTC), which circulates in the ecosystem.The system will be used in Blockstack’s proposed Stacks 2.0 blockchain, which is set for release later in 2020.…

Bitcoin rebound falters amid SEC crackdown on exchanges, raising chance of a BTC price capitulation
Bitcoin’s price lost steam after a failed retest of the $27,400 resistance on June 6, signaling that investors became less confident after the recent regulatory actions by the United States Securities and Exchange Commission (SEC) against Binance and Coinbase. Both exchanges are being sued on multiple counts, including failure to register as licensed brokers and offering unregistered…

Judge pushes Mango Markets exploiter sentencing to April 10
Avi Eisenberg was found guilty of fraud and market manipulation in April 2024 and could face up to 20 years in prison.