Solana is the fast, low-cost blockchain that simply never works
Solana has experienced more than 150 hours of downtime over the last three years — and meme coins are making the problem worse.
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Crypto derivatives exchange Bybit launches quarterly Bitcoin futures
The contracts will offer traders a longer time horizon for speculating on the digital asset. 2437 Total views 16 Total shares Bybit announced Thursday that it will roll out a BTC/USD quarterly futures contract on Nov. 30. Two contracts will be offered at launch — BTCUSD1225, settling on Dec. 25, 2020, and BTCUSD0326, which will…

Europe’s New Regulations Force Bitcoin Service Bottle Pay to Shut Down
The Bottle Pay service, which allowed users to send Bitcoin (BTC) via social media accounts, announced on Dec. 13 that it would be shutting down due to Anti-Money Laundering (AML) regulations. Funds will remain available for withdrawal until 13:00 GMT on Dec. 31, 2019.New user data collection would negatively impact user experienceBottle Pay, developed by United…

Crypto Markets Turn Red While BTC Fails to Impress Below $8,500
Friday, Nov. 15 — Crypto markets are mostly showing red candlesticks, while Bitcoin (BTC) fails to impress as it crawls its way below the $8,500 price point.Cryptocurrency market daily overview. Source: Coin360For most of the day, the world’s largest cryptocurrency has been trading within a tight range between $8,700 and $8,600, while taking a sudden…

Bitcoin-Seeking Ransomware ‘Ryuk’ Virus Found and Studied in China
Tencent Yujian Threat Intelligence Center says that a Ryuk ransomware virus has been spotted in China.The intelligence center released information on the outbreak in a report on July 16.According to the report, Ryuk viruses are a family of malware aimed at infecting government and enterprise machines holding valuable data. According to the report, a Ryuk…

UK government moves forward on financial markets bill for potential regulation of crypto
Following a third reading in the House of Lords, the Financial Services and Markets Bill will return to the lower house of the U.K. Parliament for members to consider any changes. 278 Total views 1 Total shares Lawmakers in the upper house of the Parliament of the United Kingdom are moving forward with legislation that…

Report: BitMEX Crypto Exchange COO Steps Down
The chief operating officer (COO) at digital currency exchange BitMEX, Angelina Kwan, has reportedly stepped down.A spokesperson familiar with the matter told industry-focused media outlet The Block on Sept. 9: "We can confirm that Angelina Kwan is leaving the company and is on gardening leave now. That’s all we can say on the matter at the…

US SEC issues no-action letter on compressed digital asset settlement process
The U.S. Securities and Exchange Commission (SEC) took a major step toward streamlining digital asset securities settlement by compressing the previous four-step process into three in a bid to reduce operational risk for broker-dealers.The SEC issued a no-action letter on Sept. 25, stating it will not penalize any broker-dealer operating an alternative trading system (ATS)…

Spanish Researchers Try to ‘Flatten the Curve’ with Blockchain App
A Spanish research team of more than 100 people is developing an app that uses AI and blockchain to predict the evolution of the COVID-19 pandemic and to help manage lockdown measures.The app, which has the support of the Institute of Biomedical Research of Salamanca and the Artificial Intelligent Research Institute, is currently at proof-of-concept…