‘No to CBDC, yes to Bitcoin’ — European MP calls for EU BTC reserve
The European Parliament’s Sarah Knafo said it’s time to stop “totalitarian temptations” by the European Central Bank and adopt Bitcoin.
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Blockchain meets activity tracking: Project rewards healthy habits with tokens
Medical professionals have developed ways to track and store personal health data securely within the blockchain. 226 Total views 4 Total shares Blockchain use cases continue to grow as the world learns about the benefits that it brings. Apart from bringing financial innovations like the ability to do peer-to-peer transactions, blockchain now makes its way…
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ConsenSys releases statement of support for continuation of the Jarrett tax case
The court dismissed the Jarretts’ case over the taxation of staking rewards after the IRS issued the refund the couple sought; not good enough, they said. 186 Total views 20 Total shares Own this piece of history Collect this article as an NFTConsenSys issued a statement Feb. 7 in support of the appeal of the…
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US lawmaker pushes for state-level regulations on stablecoins at hearing on digital assets
Patrick McHenry implied that for the U.S. to regulate stablecoins with a “single regulator at the federal level” would likely not be a success. 61 Total views 1 Total shares Whether regulations on stablecoins and digital assets should be addressed at the state or federal level was the topic of discussion among at least two…
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Study: China’s BTC Miners Control 66% of Global Hash Rate
Chinese Bitcoin (BTC) miners are now responsible for controlling as much as 66% of global hash rate, a new report claims.China’s Sichuan province is accounting for over half the global hash rate, according to a study by London-based digital asset manager CoinShares, Reuters reports Dec. 11.Hash rate is a measure referring to the overall computing…
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Indian crypto industry expanding, regulators seem reluctant to engage
The people of India are awaiting access to crypto banking services, as British-based fintech firm Cashaa has collaborated with India’s United Multistate Credit Cooperative Society to launch a crypto-centric banking company called Unicas that will initially open 34 branches in Northern India and plans to have expanded to 100 branches by next year. Considering that India…
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Binance Users Can Now Buy Crypto Using Debit Cards in 5 New Fiat Currencies
Cryptocurrency exchange Binance is enabling citizens in five further countries to buy cryptocurrency using Visa debit and credit cards with their national fiat currencies.The new service, announced April 10, will extend card support for the Colombian peso, the South Korean won, the Kenyan shilling, the Kazakhstani tenge and Peru’s neuvo sol.At launch, a total of…
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BTC price battles 200-week moving average after $930M Tesla Bitcoin sale
A key trendline which the Bitcoin price passed for the first time in over a month is currently seeing its first retest as support. 425 Total views 21 Total shares Bitcoin (BTC) staged its first test of critical support on July 21 as news that Tesla had liquidated most of its Bitcoin holdings subsided. BTC/USD 1-hour…
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MetaMask will start collecting user IP addresses
The popular browser wallet has over 21 million monthly active users. 338 Total views 2 Total shares According to a revised privacy policy agreement published by ConsenSys on Nov. 23, MetaMask will begin collecting users' IP addresses and Ethereum wallet addresses during on-chain transactions.However, ConsenSys, the wallet's creator, explains that the collection of users' data…