US Senators Raise Crypto Mining Concerns, Propose Government Blockchains

Dwindling "exchange stablecoins ratio" points to declining selling pressure in the BTC market, CryptoQuant said. Supply of the top two stablecoins, USDT and USDC, continues to rise. Bitcoin (BTC) has quickly recovered to nearly $60,000 after a debacle last week that saw prices drop below $50,000 at one point. The recovery may have legs, as

Jul 29, 2020 at 20:34 UTC(Ricardo Gomez Angel/Unsplash)To Beat Online Censorship, We Need Anonymous PaymentsRichard Myers is an decentralized applications engineer at GoTenna and Global Mesh Labs. Online censorship and surveillance will persist as long as local fiat currencies are the only way to pay for telecommunication services. The risk of internet censorship and surveillance…

Aug 21, 2020 at 21:16 UTCHong Kong may soon have its first fully licensed cryptocurrency exchange: OSL Digital Securities, which on Friday received a landmark approval-in-principal from the Securities and Futures Commission (SFC). Preliminary approval pushes OSL, a subsidiary of Fidelity-backed BC Group, closer to becoming one of the first exchanges licensed to offer automated…

news Blockchain interoperability project Tendermint has raised $9 million in a Series A funding round led by technology-focused venture capital firm Paradigm. Announcing the news on Thursday, Tendermint said that other participants in the round included Bain Capital and 1confirmation, among others. The investment will go toward supporting the firm’s continued development of the Cosmos Network,…

news Hackers have breached over 50,000 servers across the world to mine cryptocurrency using unusually sophisticated tools, according to a new report. Cybersecurity firm Guardicore Labs said on May 29 that the large-scale malware effort – dubbed the “Nansh0u​ campaign” – has been ongoing since February, and had been spreading to over 700 new victims…

Nick Baker is CoinDesk's deputy editor-in-chief. He owns small amounts of BTC and ETH.The cryptocurrency industry's town square – Twitter – has found a new CEO, Elon Musk tweeted Thursday.Musk didn't identify his replacement by name, but said she'll start in about six weeks. The billionaire – who bought Twitter last year and, following a…

Aggregate crypto spot and derivatives trading volume contracted 11.5% to $2.09 trillion in August.The low spot-trading volume and fluctuations in derivatives open interest point to a speculation-driven market.Binance retained the top spot in both segments despite dwindling market share.Activity in the crypto spot market fell to the lowest level in more than four years last

Ethereum, a paramount blockchain due to its programmability and sprawling ecosystem of layer-2 networks, is getting a new dimension: time. Smart Transactions (STXN), a new project from Vlad Zamfir, who pioneered Ethereum's proof-of-stake blockchain system, released on Wednesday a platform that will enable applications to execute transactions based on future events. 00:56 Len Sassaman-Themed Memecoins

"'Inscriptions' are exploiting a vulnerability in Bitcoin Core to spam the blockchain," Luke Dashjr, a Bitcoin Core developer, posted on X Wednesday.The spam Dashjr might have been alluding to is the number of transactions an ordinal generates.(Mempool.space)On-chain data shows that there are over 260,000 unconfirmed transactions on the bitcoin blockchain, which in turn drives up