State Street Insiders Split Over Key Blockchain Use Case

Lack of risk management in financial bets by the Kujira Foundation led to a 55% drop in KUJI token prices within 24 hours. Liquidations of leveraged positions by Kujira's operational wallet resulted in significant losses and further price declines. Kujira plans to establish a DAO to manage its treasury and core protocols, aiming to reduce

Indonesian authorities raided ten sites suspected of mining bitcoin with stolen electricity from the national grid over the Christmas weekend.Although Indonesia is a fast-growing crypto adopter, it’s not exactly known as a hub for mining.However, under Indonesian law, electricity theft is considered a criminal offense with a penalty of up to five years in prison

Dec 7, 2020 at 5:19 p.m. UTCGrayscale Managing Director Michael Sonnenshein (CoinDesk archives)Blockchain Bites: $187M Blockchain Bond, $522M BTC Mining Revenue and ‘Ethereum-First’ Institutional InvestorsSingapore is funding blockchain R&D. Germany’s second-largest stock exchange’s crypto app saw $1.21 billion in trading volumes this year. Grayscale is seeing a growing number of “Ethereum-first” institutional buyers. Top shelfEthereum investorsThere’s…

The U.K. government has said it will ensure that future legislation that comes out for a digital pound will provide protections to privacy and control of money in its consultation response on Thursday.The consultation on a central bank digital currency (CBDC) was conducted by the government’s finance ministry alongside the Bank of England, and concluded

Millions worth of tether (USDT) stablecoins appeared to be selling off on popular Uniswap and Curve pools Thursday morning, sparking early signs of concern among traders.USDT balances on Curve’s popular 3pool, a stablecoin swapping pool made up of USDT, USDC, and DAI, rose to over 72% early on Thursday – suggesting traders had exchanged tens…

Northstake, a cryptocurrency staking platform aimed at institutional investors, raised 2.8 million euros ($3 million) from PreSeed Ventures, Morph Capital, The Aventures Fund, Funfair Ventures and Delta Blockchain Fund.The Copenhagen-based company, which saw over $80 million in crypto assets staked in 2022, takes care of the legal and technical sides of staking – the process…

Bitcoin (BTC), the world's largest cryptocurrency by market capitalization has enjoyed a staggering price increase in excess of 150,000 percent since it was first listed on exchanges back in July 2010. Since then, the cryptocurrency has also experienced multiple bull runs, bear runs (the longest of which consumed much of 2014 and 2015) and stronger…

British Columbia’s provincial power utility, B.C Hydro’s, moratorium on crypto mining projects was ruled as reasonable by a provincial supreme court judge, according to a ruling posted on Monday.The moratorium was being challenged by Conifex Timber, a forestry company that had branched out into crypto mining. Conifex was planning a mining operation with Tsay Keh

Aug 10, 2020 at 18:47 UTCUpdated Aug 10, 2020 at 19:39 UTCProtestors on the streets in Belarus after the 2020 presidential election. (YouTube) After Tumultuous Election, Belarus Goes OfflineThe Belarus presidential election ended with mass protests and a nationwide internet outage. The country went offline on Sunday during its presidential election. Major social networks and…