Tether to double its workforce to 200 by mid-2025: Report
The stablecoin issuer will still be tiny in terms of staff compared to other tech and crypto companies.
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Gold vs BTC correlation signals Bitcoin becoming safe haven: BofA
Bitcoin’s growing correlations with gold, S&P 500 and Nasdaq 100 indicate that investors see BTC as a “relative safe haven,” BofA strategists wrote. 404 Total views 6 Total shares Despite the ongoing cryptocurrency bear market, investors have been increasingly looking at Bitcoin (BTC) as a safe haven, a new study suggests.The rise in correlation between…
Decentralized Platform to Substantially Reduce Streaming Commission Fees to 0.77 Percent
A new, decentralized global platform is aiming to help streamers keep more of their earnings — and create a blockchain-driven ecosystem where they will find it easier to receive donations from their loyal viewers.According to DeStream, the esports market is growing, and as a result, audiences on popular streaming services such as Twitch, YouTube and…
Crypto.com Launches New Exchange Eyeing Top-10 Spot Within 5 Years
Hong Kong-based cryptocurrency platform, Crypto.com, announced the launch of its cryptocurrency exchange on Nov. 14. The Crypto.com Exchange is intended to drive the mass adoption of cryptocurrencies by enabling over one million users the ability to trade digital assets through the Crypto.com web interface, trading API, or through its app.“Creating an exchange has been a natural…
Intel to enter crypto space with blockchain accelerator shipping later this year
For now it appears its efforts are focused on improving GPUs for crypto mining. 28 Total views 2 Total shares On Friday, Raja M. Koduri, senior VP of accelerated computing systems and graphics group at Intel, declared their intent to contribute to the development of blockchain technologies. This begins with introducing energy-efficient crypto mining accelerators…
US: Four Crypto Exchanges Establish Self-Regulatory Association for Digital Commodities Industry
Crypto exchanges Gemini, Bitstamp, Bittrex, and bitFlyer USA have announced the creation of a self-regulatory organization for digital commodities, such as cryptocurrencies, Business Insider reports August 20. The new group, dubbed “Virtual Commodity Association Working Group,” aims to help large-scale investors get more comfortable with the crypto market, work on formulating industry standards, and “be…
New York State Digital Currency Task Force Appoints New Members
Legislators from the New York State Assembly have appointed six members to the New York State Digital Currency Task Force.In a video announcement on July 22, Assembly member Clyde Vanel announced six appointments to the group, which is tasked with investigating and making regulatory recommendations regarding digital currencies and blockchain technology. The task force will consist…
‘Feels surreal’ — Bitcoin sticks to $68K as market ignores 200K BTC US election pledge
BTC price gains fail to materialize as Donald Trump and others promise to build a giant Bitcoin strategic reserve if elected.
Bank of Canada calls central bank digital currencies risky, especially storage
Is risk in the eye of the beholder? Canada's central bank, the Bank of Canada, recently put out a report on the risks and benefits of a central bank digital currency. "An anonymous token-based central bank digital currency (CBDC) would pose particular security risks," the Bank of Canada wrote in its Oct. 5 report. "These risks arise from how…