Norway town campaigns to close Bitcoin mine, electricity costs jump 20%

Binance hits an all time trading volume high during Bitcoin’s pump to nearly $9000. 835 Total views 24 Total shares As the Bitcoin price skyrocketed close to $9000 on April 29, Changpeng Zhao, or CZ, announced that Binance, the world’s largest crypto exchange, has hit $11 billion in trading volume over the past 24 hours.…

63% of American consumers perceive blockchain tokens to be an easy form of payment, according to a new survey from “Big Four” auditor KPMG.VentureBeat reported the survey’s results on Sept. 25, citing an accompanying statement from KPMG’s United States blockchain leader Arun Gosh:“Tokenization [...] provides inspiring new ways to classify value, either by creating new…

The investment fund will be the first offered by a bank in the country and is expected to include a type of crypto index and ETFs. 392 Total views 27 Total shares Kookmin Bank is preparing to become the first bank in South Korea to offer crypto investment products to retail investors. KB announced on Feb. 21…

As part of the most recent edition of Cointelegraph Talks on May 5, Bitfinex CTO Paolo Ardoino, TradeBlock director of institutional research John Todaro, and Poolin mining pool VP Alejandro De La Torre came on today's panel, bringing a bevy of insights on Bitcoin's (BTC) upcoming halving, the COVID-19 pandemic and more. The current pandemic causes uncertaintyAlthough Bitcoin largely…

Grayscale plans to buy mining equipment at discounted prices and offer co-investment opportunities to accredited investors. 277 Total views 19 Total shares

This “Crypto City” guide looks at New York City’s crypto culture, its most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses — and there’s even a short history of the controversial regulatory regime required to operate in the city.Fast factsCity: New York Country: United…

Alex Saunders, the popular crypto influencer behind Nuggets News, is facing a slew of claims he failed to repay crypto loans, along with allegations that funds invested in a new project had been redirected to a crypto exchange.Saunders is one of the most highly regarded Australian crypto educators. He provides a paid service and he…

Silvergate is not a systematic risk for the United States banking system, but it could have a significant impact on the crypto markets, multiple sources told Cointelegraph. These may include increasing banking concentration in a few partners and challenges for venture capital firms seeking to establish banking relationships in the country.The bank was a crypto-fiat…