Tornado Cash verdict has chilling implications for crypto industry

Over the past week, altcoin Ripple’s (XRP) price has gone through the roof. It has seen an unprecedented 140 percent growth over the past seven days, up almost 63 percent in the past 24 hours alone, trading at around $0.61 at press time.XRP has gone as far as to beat Ethereum (ETH) to be ranked…

Bitcoin (BTC) is back with a vengeance this week as a new day’s trading gets underway with a fresh attack on $60,000.After a weekend in which the largest cryptocurrency avoided a correction, Monday is looking bullish — but what could shape price action in the short term?Cointelegraph presents five factors to keep an eye on…

Bitcoin (BTC) is beginning its “seventh bull cycle,” and investors should not be scared of crypto post-FTX, Pantera Capital believes.In its latest “Blockchain Letter” on Feb. 8, the asset management firm’s CEO, Dan Morehead, predicted that 2023 would be a “year for rebuilding trust.”Morehead: Cryptoassets have "seen the lows" this cycleWith BTC price action retracing…

OpenAI’s board of directors ousted founder Sam Altman on Nov. 17, shocking the technology world, while appointing Mira Murati as its interim CEO. Since then, the board has been facing strong criticism from the startup major clients and investors. According to a Bloomberg report, efforts to reinstate Altman as CEO have already involved Microsoft, OpenAI’s biggest

Converge will allow both permissioned and permissionless projects to build on the tokenized real world asset-focused blockchain network. Ethena Labs, the developer of the USDe synthetic dollar (USDe), and financial technology company Securitize, released a preliminary roadmap for their upcoming Converge network, a high-throughput blockchain focused on real-world assets and decentralized finance (DeFi). According to

Private payment services can gain a monopoly with no benefit to other market players or economic stability, ECB board member Fabio Panetta said. 124 Total views 3 Total shares The European Central Bank (ECB) is quite happy with the European Commission’s legislative proposals for the digital euro. ECB executive board member Fabio Panetta told the

A pair of scientists from the University of Kent’s School of Computing in the United Kingdom recently conducted a study comparing energy consumption rates for current ASIC-based miners to proposed quantum-based solutions.According to the team’s preprint research paper, the systems utilizing quantum computing demonstrably outperformed standard mining rigs in energy efficiency:“We show that the transition…

Major cryptocurrency payment service provider BitPay has confirmed that its service had a temporary outage of Bitcoin (BTC) payments on Dec. 22.Bitcoin payments were briefly unavailable for almost 3.5 hours on BitPay as the company was working to fix transaction issues, BitPay Support tweeted Dec. 22. According to the information, the service was restored by…

Bitcoin’s (BTC) recent institutional investor-driven rally has steadily pushed its price to new all-time highs and while investors are intensely focused on BTC’s price action, a number of altcoins have also secured new multi-year highs.On. Feb. 10, the total crypto market capitalization hit a new high at $1.42 trillion less than a week after Tesla…