Sen. Warren to debate John Deaton, criticizes ‘crypto billionaires’
The Massachusetts Senator said she agreed to two debates in October, while John Deaton challenged her to five after his primary victory.
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Klaytn death cross debut coincides with a 57% KLAY price pump
Bids for Klaytn's native cryptocurrency KLAY spiked on Thursday after the South Korea-based public blockchain project confirmed its listing on Binance, one of the world's top cryptocurrency exchanges by volume.#Binance Will List @klaytn_official $KLAYhttps://t.co/41yyLvHS0I— Binance (@binance) June 24, 2021 The KLAY/USDT exchange rate surged 41.25% to an intraday high of $1.243. The pair's massive move…
Second Lawsuit Filed Against Plaid
Another class action lawsuit against Plaid has been filed citing the company violated user data privacy. 1428 Total views 20 Total shares A new class action lawsuit complaint against fintech startup Plaid has been filed with more plaintiffs alleging the company violated the data privacy of users. The new complaint filed on behalf of four new…
Swedish Central bankers snipe Bitcoin mining, cite rampant energy use
Another day, another environmental attack on proof-of-work (PoW) mining. A report shared by the Swedish central bank argued that energy-intensive Bitcoin (BTC) and cryptocurrency mining should be banned. The Swedish central bank, known as the Riksbank, is the oldest central bank in the world. In a damning report entitled, "Cryptocurrencies and their impact on financial stability,” the bank…
El Salvador postpones Bitcoin bonds to September: Report
Apart from delaying the issuance of Bitcoin bonds, the Salvadoran government has apparently slowed down the pace of buying new BTC as well. 574 Total views 26 Total shares The government of El Salvador has reportedly decided to postpone the issue of a Bitcoin (BTC)-backed bond due to the unfavorable market conditions fueled by the…
Bitmain Eyes 2020 Bitcoin Block Halving as Pivotal Moment for Mining Fortunes
Embattled cryptocurrency mining giant Bitmain has allegedly hinted the release of its new mining hardware could hinge on the 2020 Bitcoin (BTC) block reward halving. The news was reported by English-language Asia news outlet South China Morning Post (SCMP) on March 27.Bitmain, which has seen a testing six months as market volatility triggered redundancies and…
IMF: Bitcoin matured to ‘an integral part of digital asset revolution’
Crypto assets are no longer on the fringe of the financial system, which raises financial stability concerns, a new IMF research argues. 621 Total views 21 Total shares Crypto is no longer an obscure asset class within the financial ecosystem, but a growing correlation with the stock market undercuts the “investment hedge” role of Bitcoin…
Bitcoin faces do-or-die weekly, monthly close with macro bull trend at stake
Bitcoin (BTC) is leaving traders guessing as the future of the bull market depends on the last week of February.In multiple tweets on Feb. 17, popular trader and analyst Rekt Capital flagged crucial resistance battles ongoing on BTC/USD across multiple timeframes.Bitcoin price squares off with bear market downtrendBitcoin hit new six-month highs this week as…
Ethereum drops more than Bitcoin as China escalates crypto ban, ETH/BTC at 3-week low
The price of Ethereum's native token Ether (ETH) crept lower Friday after China extended its crackdown on cryptocurrencies by deeming their transactions as "illegal.""Financial institutions and non-bank payment institutions cannot offer services to activities and operations related to virtual currencies," the People's Bank of China said in a statement on its website Friday, adding that…