Tether shuns blockchain launch, cites market concerns
Tether’s decision to avoid launching its blockchain stems from the crowded market and strategic alignment with existing platforms.
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Russian officials must now declare crypto holdings
The move reverses a 2018 decision that officials did not have to declare crypto holdings. 217 Total views 1 Total shares Russia's public officials will be mandated to declare all private crypto assets holdings from New Year’s Day, 2021.The requirements were announced on Oct. 20 by the office of Russian prosecutor general, Igor Krasnov, following…
Ethereum 2.0 staking is coming to Coinbase
The U.S. exchange plans to roll out support in early 2021. U.S. digital currency exchange Coinbase has outlined plans for supporting Ethereum (ETH) 2.0 staking rewards — possibly setting the stage for even wider adoption of the smart contract platform. In an official blog post, Coinbase said it plans to roll out Eth2 staking, trading, and…
No-Deal Brexit Will Reposition Bitcoin in the Global Economy: Analyst
Some analysts believe that the looming no-deal Brexit will push Bitcoin (BTC) price to an unprecedented breakout and record highs in 2019. Nicholas Gregory, CEO of blockchain firm CommerceBlock, even predicts it could fundamentally shift Bitcoin’s place in the global economy, as reported by the Independent, Aug. 9.Brexit already causing market turmoilThe prospect of a no-deal…
$28,000 Bitcoin is in the cards, but it won’t happen without a struggle
Bitcoin’s price declined for eight consecutive days through May 13, totaling a 9.4% correction. The last time such a losing streak happened was on June 14, 2022, after the Celsius lending platform halted withdrawals and FUD — fear, uncertainty and doubt — emerged from United States software firm MicroStrategy’s loan being liquidated at $21,000.Nothing remotely similar…
Unconfirmed: Chinese Media Reports Jihan Wu, Jenke Group to Soon Resign as Bitmain CEOs
Jihan Wu and the Jenke Group will be reportedly soon retire as CEOs of leading mining ASIC producer Bitmain. Rumors about their departure were reported by Chinese local media Odaily on Dec. 28.Odaily quotes an unnamed source familiar with the situation that Bitmain is currently in a transition period. Furthermore, the article also reports that…
United Nations, ICP launch digital credentials pilot in Cambodia
The UNDP’s Universal Trusted Credentials will get its second trial in Cambodia. The plan is to create a 10-country ecosystem.
Bitcoiner who called pre-halving all-time high predicts $95K BTC price
BTC price records will come thick and fast, BitQuant says — but no one can say when exactly Bitcoin will break to new all-time highs.
Boosting adoption with DeFi asset management: Velvet Capital joins Cointelegraph Accelerator
Gone are the days when decentralized finance (DeFi) was a niche for crypto frontrunners, while centralized finance (CeFi) was the absolute owner of users’ trust. Following the collapse of major centralized organizations within the industry, such as FTX, Prime Trust, and Celsius, among others, the user base — from traders to asset managers — realized…