US Senators Raise Crypto Mining Concerns, Propose Government Blockchains

Tether was one of the first cryptocurrencies to peg its market value to a fiat currency. Launched in July 2014, Tether, originally called “Realcoin”, valued each token at $1.00 to reduce the friction of moving real currency throughout the cryptocurrency ecosystem. Due to its dollar peg, Tether and other similar cryptocurrencies have been dubbed “stablecoins”.…

Conduit Launches New G2 Sequencer, Claiming Capability of 50-100 Mgas/s On-chain computing company Conduit has launched the new G2 Sequencer, describing it as a "10x more powerful sequencer than existing versions for rollup frameworks, providing 100x the computing of Ethereum and enabling blockchain apps to run faster with no additional costs," according to the team:

From left to right: Shira Frank (Maiden), Bill Ottman (Minds), and Zooko Wilcox (ZCash). All speaking on a panel at ETHDenver on February 16, 2019 via Christine Kim/CoinDesk Zcash’s Funding Vote and the Problems With Decentralized GovernanceThe zcash community has agreed to continue funding the development of its privacy coin, ZEC, as spearheaded by the…

Bitcoin started a downtrend soon when USDT exchange outflows surpassed $1 billion earlier this year, "suggesting investors may be adopting a risk-off stance," IntoTheBlock said. The current price action "feels eerily similar" to last year's when bitcoin traded sideways for two months after a large capitulation in August, one analyst noted. Cryptocurrency prices sharply rebounded

USDT's market share grew to 75% from 55% in the past two years, according to Token Terminal. The Tether-issued stablecoin's supply rose to $118 billion from $65 billion while main rivals struggled. Tether's USDT, the largest stablecoin, is not only growing larger, it's also cementing its dominant position and now accounts for almost 75% of

Dogecoin (DOGE), the meme cryptocurrency known for its rapid price moves, has been unusually calm this year, underperforming market leaders bitcoin (BTC) and ether (ETH) by a significant margin.One technical analysis indicator called Bollinger bandwidth suggests it may be the calm before the storm.The indicator illustrates periods of varying volatility relative to the price gyrations…

Consensus for headline inflation year-over-year is expected to increase by 0.2% to 2.6% — the first year-on-year increase since March 2024. Bitcoin's 30-day implied volatility spiked to as high as 90% past week, and could see further volatility when U.S. inflation data is announced. 01:01 Bitcoin Breaks $64K While Gold Soars 00:56 ETH/BTC Ratio Slid

news Lawmakers in the U.S. are discussing a bill that seeks to prevent large technology institutions in the country from issuing cryptocurrencies. According to a report from Reuters on Monday and a copy of the draft bill circulating online, policymakers in the U.S. House of Representatives are looking to step up the scrutiny over big…

Mar 3, 2020 at 21:40 UTCUpdated Mar 3, 2020 at 21:41 UTCSTEEMFEST: The gathering of the blockchain's most avid users. (Photo courtesy of Steem witness Arcange)Steem Community Mobilizes Popular Vote in Battle With Justin SunThe Steem community is striking back after an attempted end-around by Tron founder Justin Sun.While CoinDesk has been writing this report,…