Riot acquires 13% Bitfarms stake as CEO decries ‘poison pill‘ strategy
Bitfarms’ stock price on the Nasdaq has increased more than 56% in the last 30 days amid Riot Platforms’ attempt at a takeover.
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Where are the best APYs for stablecoins? | Find out now on The Market Report!
“The Market Report” with Cointelegraph is live right now! 811 Total views 19 Total shares In this week’s episode of “The Market Report,” Cointelegraph’s resident experts showcase where to find some of the best stablecoin yields in decentralized finance, or DeFi.But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets.…

First cryptocurrency fund approved in Switzerland
The fund tracks the performance of the 10 largest cryptocurrencies from SIX Swiss Exchange’s Crypto Market Index 10. 1437 Total views 21 Total shares Cryptocurrency adoption continues gaining momentum in Switzerland as local financial authorities grant more regulatory approvals for crypto investment instruments.The Swiss Financial Market Supervisory Authority (FINMA) has approved the Crypto Market Index…

Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin
The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in a bank account.” 668 Total views 206 Total shares USD Coin (USDC), Circle’s dollar-pegged stablecoin, seemingly lost one of its biggest competitive advantages over its rival, Tether (USDT). Major crypto exchange…

Kazakhstan to build central bank digital currency on BNB Chain
Officials in Kazakhstan continue their close relationship with Binance, as the National Bank plans to integrate its CBDC on the BNB Chain. 256 Total views 3 Total shares In an announcement on Twitter, Changpeng Zhao, the founder and CEO of Binance, said the network will be a major component of Kazakhstan’s latest Web3 endeavor.The Binance…

‘Bitcoin Coronavirus’ Search Traffic Overtakes ‘Bitcoin Halving’
Curiously, the search term “bitcoin coronavirus” has overtaken “bitcoin halving” on Google Trends.The odd search term is seeing the most traffic from Europe. Research indicates that Austria, Switzerland, and Ireland comprise the three jurisdictions that produce the most searches for “bitcoin coronavirus.”12-Month Search Trends for “Bitcoin halving” and “Bitcoin coronavirus”: GoogleSingapore, Germany, Australia, and Canada…

Consensys Launches ETH Blockchain, DApp Developer Job Kit to Help Hopefuls Enter Market
On May 24, New York-based blockchain firm ConsenSys released a new Blockchain and DApp Developer Job Kit to help aspiring Ethereum blockchain developers enter the market.Citing Linkedin’s 2018 U.S Emerging Jobs Report, Consensys notes that blockchain developer rotes have topped the professional network’s list for highest-growth positions in 2018, ostensibly increasing 33-fold in prevalence as…

4 reasons why the top 15 richest Bitcoin wallets still matter in 2021
Transparency is one of the most intriguing aspects of cryptocurrency and it was this openness that drew many early supporters to Bitcoin (BTC). Blockchain technology makes all information associated with the network’s operation accessible for anyone interested in taking a look. Every known address, transaction, fee paid and other details relating to multisignature and SegWit usage…

Hong Kong Bitcoin ETFs top $250M AUM
For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors.