The European Parliament adopts crypto-focused MiCA legislation

Cryptocurrency mining service Coinhive is shutting down, as the project has reportedly become economically inviable. The team behind Coinhive announced the news in a blog post on Feb. 26.Per the announcement, the mining service will stop its operations on March 8, 2019, while users’ dashboards will be accessible until April 30, 2019. Among the reasons…

The adoption of Bitcoin continues to be driven by case-by-case needs as Blockchain Economy Istanbul hones in on emerging markets. 327 Total views 38 Total shares The adoption of Bitcoin (BTC) in emerging markets was a focal point on the first day of the Blockchain Economy Istanbul event, with calls for a focus on case-by-case…

Crypto markets spiked today, August 21, seeing notable gains amongst the top 100 coins in under an hour, as data from Coin360 shows. Market visualization from Coin360 Total market capitalization of all cryptocurrencies shot up over $12 billion in just over an hour to peak at $222.8 billion, before dropping slightly to $291.7 billion by…

Animoca Brands CEO Robby Yung says the Hong Kong-based gaming company intends to continue to support the creator economy and promote interoperability through its investments and other initiatives in 2024 to promote Web3 mass adoption.Speaking to Cointelegraph at the 12th Global Blockchain Congress event in Dubai, Yung said that Animoca believes gaming will be a

A former Bank of Japan official is concerned about a digital yen triggering massive outflows from private bank deposits. Hiromi Yamaoka, former head of the payment and settlement systems department at the Bank of Japan, said that the country will likely need several years before it can issue a central bank digital currency.In a Nov.…

Italian professional soccer club Juventus has released its own token to enable fans to participate in voting and polling.Following a year-long development, Juventus’ branded token is now available on Socios.com, a tokenized fan-voting platform for sports, according to a Dec. 2 announcement. The token’s initial price is 2 euros ($2.22) per token, while a limited amount…

Institutional investors are seen to be rushing toward Bitcoin (BTC) at high speed, with more companies emerging that look to adopt Bitcoin as a way to store their reserves. Recently, Marathon Patent Group, a Nevada-based Bitcoin mining company, has bought $150 million worth of Bitcoin as a reserve asset, a move similar to MicroStrategy purchasing…

3iQ’s Bitcoin QBTC fund has surged 900% in market cap since October 2020, breaking a $1 billion milestone. Canadian regulated digital asset manager 3iQ has recorded another massive milestone of its public Bitcoin (BTC) fund.On Jan. 14, 3iQ’s Bitcoin Fund (QBTC) hit the $1 billion mark, the company announced on Twitter. The new milestone demonstrates…

Some of the biggest companies in the world are expected to report their 2Q earnings in October, including electric automaker Tesla on Oct. 18, tech giants Meta and Microsoft on Oct. 24, Apple and Amazon on Oct. 26 and Google on Oct. 30. Currently, the possibility of an even more severe global economic slowdown is…