Threats Fly As Fight Over Siacoin’s Crypto Mining ‘Kill Switch’ Intensifies

Bitcoin Is Good for PayPal, but Is PayPal Good for Bitcoin?Numbers go up! You only live once.That’s two crypto memes to describe how the crypto industry celebrated PayPal’s announcement that, from 2021 onwards, it will enable its 345 million customers worldwide to buy and sell bitcoin and other currencies from their accounts. Ajit Tripathi, a CoinDesk…

Bitcoin just ended its worst-performing month in seven years in terms of month-over-month price declines.  The world’s largest cryptocurrency began November at an average price across exchanges of $6,341, but as of 0:00 UTC on December 1 is trading at just $3,964, according to CoinDesk’s Bitcoin Price Index.  As it stands, the near $2,400 drop in…

news MEXICO CITY — If a startup hopes to release a token without embarrassing itself in the early days, there is one important thing it should do: hire a market maker. That was the message from a panel Monday at Stellar’s Meridian conference in Mexico City. “Market makers provide this initial step where you can…

Optimism, one of the major layer-2 networks, has managed to get a slew of clients and firms to deploy their own blockchains using its technology, known as the OP Stack. Part of the strategy to get new networks to use the technology is to give out large sums of OP tokens in the form of

Leading video game retailer GameStop (GME) said it will remove its support for crypto wallets citing regulatory uncertainty in the United States, just one year after rolling out the service."Due to the regulatory uncertainty of the crypto space, GameStop has decided to remove its iOS and Chrome Extension wallets from the market on November 1,…

Bitcoin rallied to an all-time high of around $66,000 on Wednesday, reversing a nearly 50% correction earlier this year. Traders remain optimistic and expect further upside across cryptocurrencies as the ProShares Bitcoin Strategy ETF (NYSE: BITO), the first U.S. bitcoin-linked exchange-traded fund, made its debut on Tuesday.At this point, “short-term corrections outweigh the positive expectations…

The crypto market is expected to rebound from August onward, the report said. The bank reduced its year-to-date net flow estimate to $8 billion from $12 billion. Bitcoin reserves across exchanges have fallen in the last month due to liquidations by creditors of Mt. Gox and Gemini, and selling by the German government. Crypto liquidations

KBW raised its price target to $21.50 from $20; JMP raised its target to $30 from $28.A surge in crypto trading contributed to the 40% year-on-year increase in revenue.Positive momentum continued into April with a record $5 billion in deposits, the analysts said.Trading platform Robinhood (HOOD) reported strong first-quarter earnings yesterday as a surge in

Japan's top financial regulator said the decision to approve crypto-based exchange-traded funds needs to be approached with caution. While Japan has yet to approve crypto ETFs, the U.S., Hong Kong and Australia have all recently given the go-ahead to such products. The boss of Japan's Financial Services Agency (FSA) said “cautious consideration” needs to be