US lawmakers divided in first Congressional hearing on DeFi

Airdrops have become the cryptocurrency ecosystem’s equivalent of stimulus checks over the past couple of years and further proof of this can be evidenced from popular protocols like Uniswap and dYdX which rewarded their early adopters with token drops that are now worth $30,000 to $2 million.The latest protocol to surprise its userbase with a…

The video game giant says the new blockchain division will focus on leveraging the novel tech for decentralized gaming. 2152 Total views 14 Total shares Atari has announced the creation of a new blockchain division as part of an organizational shuffle within the company.In a press statement issued on Tuesday, the gaming behemoth revealed the…

The United States National Pork Board has partnered with blockchain startup ripe.io to test out a blockchain platform for pork supply chains, according to a press release published on March 18.The collaboration will ostensibly enable the Board to use a blockchain-based ecosystem to monitor and evaluate sustainability practices, food safety standards, livestock health, and environmental…

This year's 500% accumulated gain took Ether's (ETH) price to a $4,380 all-time high on May 12, and this rally was even more robust than the late-2017 move. The famous bull market, or bubble, depending on how you see it, took Ether's price on a 390% rally from $290 in November 2017 to $1,420 in…

A New York power plant turns to Bitcoin mining in a successful bid to increase profitability.Bloomberg reported on Mar. 5 that a power plant in New York’s Finger Lakes region now mines about $50,000 of Bitcoin (BTC) each day using the electricity it produces.Atlas Holding, the private equity company that owns the facility, installed 7,000…

Emerging analytics technology is the name of the game for the next stage in crypto regulation. 2016 Total views 8 Total shares New York's financial regulator is asking for new tools to gather real-time financial data. On Thursday, the New York Department of Financial Services announced new details of its coming "techsprint" competition:"The objective of the…

Cryptocurrency investors governed by Spain could face mandatory reporting of their holdings for tax purposes under a new draft law the government approved Friday, Oct. 19, local daily news network ABC reports.Unveiled at a press conference by the country’s finance minister María Jesús Montero, the measures seek to make holders of cryptoassets declare them regardless…

A new study by Protos claims that Tether flow is dominated by just two firms, Alameda Research and Cumberland. 387 Total views 12 Total shares Tether (USDT) has gone from being a renegade cryptocurrency to becoming the industry's primary crutch during the last seven years, according to a new report. Essentially, USDT is a bridge between…

BTC price needs to work to flip its old 2021 all-time high to support as the Bitcoin monthly close approaches.