Patrick McHenry accuses Gary Gensler of misleading US lawmakers over Ether

Regulators in the Chinese autonomous province of Inner Mongolia continue to crack down on the province’s crypto mining companies.The Global Times reported on Nov. 13 that northern China's Inner Mongolia Autonomous Region is tightening its grip on crypto mining companies, as it intends to dispatch inspection units to assure the “clean-up and rectification of crypto…

Binance's new Binance Account Bound token is aimed at many use cases in the decentralized society but will initially only serve as Binance KYC user credentials. 270 Total views 4 Total shares Binance cryptocurrency exchange is moving towards decentralized identity tools by launching its first-ever token designed to certify verified user status on the platform.Binance…

New York-based blockchain intelligence firm Chainalysis has raised $30 million in a Series B funding round led by venture capital giant Accel, the company confirmed in a post on Feb. 12.The fresh funding will reportedly be used to expand Chainalysis’ corporate operations, which include a proprietary Know Your Customer (KYC) product that allows financial institutions…

Coinbase Wallet, provided by major U.S. crypto exchange Coinbase, has launched support for Ethereum Classic (ETC), according to an official company blog post Nov. 27.Ethereum Classic is the result of a hard fork in 2016, arising out of differences into how to respond to the high-profile DAO hack of the Ethereum (ETH) blockchain.Today’s blog post…

Bitcoin (BTC) "may be primed" for a quantum leap in its development thanks to inflation this year, a Bloomberg analyst has claimed.In a tweet on March 17, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, released a fresh bullish take on Bitcoin's future under current macro conditions.Gold beating Bitcoin "unlikely" this yearWell known for his…

Litecoin (LTC) has just experienced an event that happens once in four years: the second halving. On Aug. 5, 2019, Litecoin rewards for producing a block were halved from 25 LTC to 12.5 LTC. At a speed of 2.5 minutes per block produced, halvings occurs every 840,000 blocks.Ahead of the event, Cointelegraph discussed the features…

UK-based crypto lending and liquidity provider B2C2 is teaming up with SFOX, a leading U.S. crypto company serving institutional investors, according to a Feb. 12 press release. This partnership is aimed at letting SFOX clients (including asset managers, family offices and high net worth individuals) access B2C2’s large liquidity pools and better-priced over-the-counter (OTC) markets though…

Bitcoin’s payments for Venezuelan passport applications disabled “temporarily” without official explanation. 870 Total views 30 Total shares Venezuela’s Administrative Service for Identification, Migration, and Foreigners, known as SAIME, recently began to accept Bitcoin (BTC) for passport applications from Venezuelan citizens living abroad. As of today, however, officials have disabled the new payment method without explanation.People…