‘Survival games’ as Bitcoin hash price skirts near all-time low
Despite the hash price crash, most Bitcoin mining machines remain profitable for the time being.
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Binance Announces CoinMarketCap Acquisition, CZ Gives the Scoop
While global markets are experiencing tough times amid the coronavirus pandemic, the crypto industry is getting stronger as its core players have tapped one of the biggest crypto mergers in history.Binance, the world’s biggest cryptocurrency exchange, has reached an agreement to acquire CoinMarketCap (CMC), one of the most-referenced crypto data websites, in an undisclosed deal.…
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Think There Is Only 21M Bitcoin? Think Again, Says Weiss Ratings
Exchanges use leverage like banks with cryptocurrencies, the agency argues, appearing to support self-ownership of private keys. 3865 Total views 47 Total shares There is actually more than 21 million Bitcoin (BTC) in the world, ratings agency Weiss has claimed as it eyes major exchanges.In a tweet on May 25, Weiss, which is well known…
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Meet the Network Investor: A Venture Capitalist Who Invests in DeFi
As initial coin offerings and their derivatives continue to fade, venture investment in the space has steadily picked up pace. Cointelegraph sat down with Michael Anderson, co-founder of Framework Ventures, to learn more about his investment philosophy and outlook on the ecosystem.Anderson’s most notable investments are Chainlink (LINK) and Synthetix, both of which grew tremendously…
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As Australia Burns, Cointelegraph and Oxygen Seven Raise Relief Funds
As megablazes ravage Australia, destroying vast amounts of land and wildlife, Cointelegraph and Oxygen Seven have partnered in a Bitcoin fundraising effort to benefit recovery efforts in the country.Fighting fire with fundraisingThe announcement between Cointelegraph and Oxygen Seven came last week. Through a page on Cointelegraph’s website, users can make anonymous or attributed donations in…
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Enigma’s Ethereum-Based Private Smart Contract Testnet Goes Live
The testnet of private smart contract network Enigma has been launched, the developers announced in a Medium post published on June 11.Per the announcement, the test network, dubbed Discovery, allows developers to start developing their decentralized applications (DApps). Furthermore, contracts hosted on the Discovery testnet will reportedly be immediately deployed on the Ethereum (ETH) network…
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Bitcoin hits $37.5K, stocks recoup losses ahead of Wednesday’s FOMC statement
The dominant sentiment of doom and gloom in the crypto market shifted toward hope on Jan. 25 after the price of Bitcoin (BTC) climbed to $37,500 briefly as stock markets staged a midday rally that recovered most of the losses from Jan. 24.Even with Jan. 25's recovery, global markets remain in a state of flux,…
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Celsius exodus: $320M in crypto sent to FTX, user withdrawals paused
Crypto staking and lending platform Celsius may be dealing with its rumored liquidity crisis by unstaking $247 million worth of Wrapped Bitcoin from Aave and sending it to FTX exchange.Speculations among the crypto community are now flaring as the project has been moving massive amounts of WBTC, ETH, and other crypto assets in addition to…
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Half of assessed jurisdictions don’t have ‘adequate laws and regulatory structures’ — FATF
The organization reported that only 9% of countries were “substantially effective” in areas including having banks and VASPs verify users’ information. 151 Total views 13 Total shares The Financial Action Task Force, or FATF, reported that many countries, including those with virtual asset service providers (VASPs), are not in compliance with its standards on Combating…