Ripe for the squeeze? Bitcoin mining stocks remain under attack from short sellers
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The CFTC is looking to make an unregistered foreign platform pay back U.S. investors in its crypto futures, suggesting expanding jurisdictions. 2442 Total views 26 Total shares On Monday, the Commodity Futures Trading Commission filed charges against Laino Group for soliciting U.S. investors to trade in futures on commodities including Ether, Litecoin and Bitcoin without…
Bitmain Launches ‘World’s Largest’ Crypto Mining Facility in Texas
Chinese cryptocurrency hardware manufacturer Bitmain has opened what it claims is the “world’s largest” facility for Bitcoin (BTC) mining, in Rockdale, Texas. In a press release published on Oct. 21, Bitmain revealed the project had been completed together with the Rockdale Municipal Development District and Canadian technology firm DMG Blockchain Solutions.Pledges to boost the local economyThe…
NFTs have a brighter future on Instagram than on Twitter
The nonfungible token (NFT) industry has experienced some market turbulence over the past few months, but this hasn’t stopped both Twitter and Instagram from making moves into an industry that some estimate could be worth $231 billion by 2030. This comes off the back of Twitter having recently announced NFT Tweet Tiles and Instagram releasing an…
Vertcoin 51% Attack ‘Motive Uncertain’ as Hackers Lose up to $4,000
Unknown hackers have attempted to launch a second 51% attack on Vertcoin (VTC) but ended up paying for the privilege out of their own pockets.As Vertcoin’s lead maintainer James Lovejoy revealed in a report on the attack on Dec. 2, a malicious entity targeted cryptocurrency exchange Bittrex in order to manipulate the Vertcoin blockchain.Hackers paid…
Polkadot co-founder Gavin Wood steps down as CEO of Parity
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Fintech startup Milo is offering 30-year ‘crypto-mortgages’
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Uptober might be over: Bitcoin price data shows investor sentiment at 3-month low
Bitcoin (BTC) faced a 4.9% correction in the four days following the failure to break the $28,000 resistance on Oct. 8, and derivatives metrics show fear is dominating sentiment in the market, but will it be enough to shake Bitcoin price from its current range?Looking at the bigger picture, Bitcoin is holding up admirably, especially
Ethereum, Parity Co-Founder Announces Blockchain Framework for a ‘Multi-Chain World’
Blockchain infrastructure firm Parity Technologies’ founder Gavin Wood demoed a live blockchain launch in just fifteen minutes at the Web3 Summit in Berlin Oct. 23, TechCrunch reports.Parity is a U.K.-based blockchain infrastructure provider, known primarily for developing one of the most well-known clients for Ethereum (ETH), which Wood also co-founded.In what TechCrunch describes as “a…