US lawmaker asks Congress to treat Binance exec in Nigeria as a ‘hostage’
Rep. Rich McCormick called on the US government to formally declare Tigran Gambaryan as a hostage if his criminal case in Nigeria was not resolved by mid-July.
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XRP holders ask court to stop the SEC from calling their holdings securities
XRP investors don't want to have their holdings lumped in with Ripple's. 1033 Total views 9 Total shares Several investors in XRP have filed with a Rhode Island court, looking to change the course of the Securities and Exchange Commission's case against Ripple. In response to what it calls "the most significant SEC enforcement action in…
Stablecoins post triple-digit growth in 2020, but institutional rivals loom
Despite stablecoins posting triple-digit market cap growth this year, competition from projects backed by major financial and tech corporations is on the horizon. The supply of the Coinbase-backed stablecoin USD Coin (USDC) has grown by 250% since the start of 2020, including an 80% expansion in just the past two months.After starting the year with…
Former Canadian prime minister names Bitcoin as possible reserve currency
Bitcoin could be part of a basket of reserve alternatives to the U.S. dollar, according to Stephen Harper. 3315 Total views 24 Total shares Stephen Harper, who served as prime minister of Canada for nine years, says there may be a place for Bitcoin and central bank digital currencies as part of a basket of…
Bitcoin price drops to near $61K shortly after COIN lists on Nasdaq
A volatility-filled listing for Coinbase’s COIN stock coincided with a 5% drop in the price of Bitcoin. 10238 Total views 26 Total shares Following months of build-up and speculation, Coinbase (COIN) listed on the Nasdaq and in true cryptocurrency fashion, opening day trading was a volatile affair that may have had a widespread effect on…
Rise of Ethereum staking came at cost of higher centralization: JPMorgan
Ethereum co-founder Vitalik Buterin previously admitted that centralization is one of Ethereum’s main challenges, which could take 20 years to solve. 113 Total views 1 Total shares The rise of Ethereum staking since major network upgrades, Merge and Shanghai, has come at the cost of higher centralization and lower staking yields, a new report by
Popular crypto influencer Jaypeg accused of promotional scam
In an attempt to apologize publicly, the crypto influencer purportedly donated $2,000 to The Turtle Foundation — a conservation charity.
Price Analysis Mar 25: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO
The White House and Senate leaders finally agreed to a massive stimulus of $2 trillion to support the economy and Americans who are suffering due to the COVID-19 pandemic. While the equity markets are celebrating with a rally, Binance CEO Changpeng Zhao has projected a bullish figure of $100,000 for each Bitcoin. Zhao believes that…
We need to fundamentally change how smart contracts operate
Smart contracts have reshaped the possibilities of what blockchain and crypto can achieve, and we can all acknowledge that. That doesn’t mean they’re the be-all-end-all solution to widespread adoption.Being overzealous about any kind of innovation can also contribute to its stalling, or even failure if other factors don’t align. The mentality of assuming new technology…