New daily Runes etched on Bitcoin falls 99% from post-halving peak
Only 157 new Runes were etched on Bitcoin on May 13, which contributed to just $3,835 in transaction fees paid to Bitcoin miners.
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Enterprise Blockchain on the Rise Despite Criticisms
In the announcement for the launch of its blockchain security testing service, IBM X-Force Red highlighted the rise of enterprise blockchains and said that “organizations are seeing real efficiencies and cost savings from its use.”IBM also highlighted the IDC’s 2018 Spending Guide, which forecasts worldwide blockchain spending to grow to $9.7 billion in 2021.This arrived…
Missing ‘Bitcoin Millionaire’ and ONFO coin co-creator found dead: Report
The body of Dr. John Forsyth has been found following a week-long search but police reportedly said foul play did not appear to be a factor. 205 Total views 2 Total shares The co-founder of referral-based crypto project ONFO coin who went missing in Missouri on May 21, has been found dead around a week…
Binance’s FTX acquisition seen as chess move by crypto community
"Who needs Netflix when you are in crypto?", commented a user on Twitter as the crypto industry attempts to digest the acquisition of cryptocurrency exchange FTX by its rival Binance. The deal, disclosed on Nov 8., has been compared with a "chess move" by some, insinuating that Binance's strategy intentionally led to the deal.Users on…
Colombian Draft Bill on Crypto Called ‘Inconsistent,’ Criticized by Local Industry
A draft bill on crypto regulation presented to Colombia’s Congress has been heavily criticized by the local tech sector, Colombian financial journal Dinero reports Tuesday, September 24.The draft was introduced in late July by senator Carlos Abraham Jimenez from Cambio Radical, the second largest party in the lower house of Colombia’s Congress.The bill, called "On…
Crypto bills pass congressional committee in ‘huge win’ for US crypto
Two crypto regulatory bills have been passed by the United States House Financial Services Committee United States in one day. 223 Total views 1 Total shares A key United States House panel has approved a pair of bills that will be key to developing a regulatory framework for cryptocurrencies, that will reduce regulatory red tape…
Swiss Crypto Industry Leader Says Next Crypto Wave Will Be Stablecoins, Security Tokens
Bitcoin Association Switzerland board member Luzius Meisser says he believes the next wave of crypto innovation will focus on stablecoins and security tokens. Meisser made his remarks during an interview with Cointelegraph’s correspondent during the Crypto Finance Conference in St. Moritz, Switzerland on Jan. 16.Meisser is a computer scientist and economist who co-founded the Bitcoin…
Crypto derivatives market down but not out as $3B expiry sours the mood
Bitcoin (BTC) led the entire cryptocurrency market through a tumultuous period after the majority of the cryptoverse was painted red on May 19, a day now also referred to as “Black Wednesday.” BTC’s price fell below $40,000 for the first time since it blew past the resistance level on Feb. 9 on the back of the…
The UK cannot afford to send mixed messages on crypto
The United Kingdom is paving the road for cryptocurrency services, courting startups and established players alike while leading the way in pioneering regulation on stablecoins and nonfungible tokens.But a lot has changed. After two years of deliberations, European Union lawmakers achieved agreement on the Markets in Crypto-Assets (MiCA) regulation, marking a pivotal moment for harmonized…