Strategy buys 20,356 Bitcoin for almost $2B, holdings approach 500K BTC

Bitcoin's supply crunch could be having a dramatic impact on price, according to Pantera Capital. 588 Total views 7 Total shares PayPal’s entry into the cryptocurrency market could be having a dramatic impact on the Bitcoin (BTC) price. In a newly published report, crypto investment firm Pantera Capital says a Bitcoin shortage is at the heart…

This is a big win for the crypto industry today, which was unanimous in opposition to a new anti-money laundering rule that many saw as rushed and draconian. 4925 Total views 24 Total shares In response to a deluge of comments, the United States Treasury Department's Anti-Money Laundering office is slowing its roll on a…

Tezos is seeking to attract DeFi developers, implementing a protocol upgrade that reduces smart contract gas fees by roughly 75%. 604 Total views 1 Total shares Top-20 crypto asset by market cap Tezos (XTZ) has successfully completed its latest upgrade, “Delphi,” which aims to reduce smart contract gas fees by 75% to attract decentralized finance…

LongHash said China’s blockchain companies have increased substantially and recorded an all-time high in 2020 despite Covid-19. 280 Total views 7 Total shares Blockchain and crypto data platform LongHash revealed on August 8 in a tweet that China’s blockchain sector has grown substantially despite the pandemic this year. It stated that over 10,000 blockchain companies…

Money transfer service Xendpay has joined Ripple’s global transaction network RippleNet to support international transactions.Going beyond the U.S. dollarRipple announced the news on Aug. 20. Per the announcement, RippleNet will allow Xendpay to provide money transfer services beyond the United States dollar. Xendpay will use Ripple’s pre-existing network of banks and other financial partners to…

Today in crypto, US President Donald Trump’s sons have partnered with Hut 8 to launch American Bitcoin, aiming to build the world’s largest Bitcoin mining firm with strategic reserves, DeFi protocol SIR.trading lost $335,000 in a hack (its entire total value locked), and Binance has introduced a CEX to DEX feature. Trump sons back new

Band Protocol is about to give Chainlink a run for its money on Ethereum. Band is one of Chianlink’s main competitors in the oracle space that is based on Cosmos technology. In a recent Cointelegraph interview, Soravis Srinawakoon, the CEO of Band Protocol, said:“If you look at Chainlink, one data request right now can take…

Ethereum co-founder Vitalik Buterin is working to proactively solve a blockchain vulnerability. 625 Total views 8 Total shares Ethereum developers recently proposed a network change called EIP-1559 — a proposal meant to combat the network's rising transaction fees. Expected to take effect in July of this year, the move would send a part of every…