Utah takes the lead in potentially enacting a Bitcoin reserve bill

The proposal for MATIC’s technical upgrade is subject to approval from the Polygon community. Once approved, MATIC’s upgrade to a multipurpose token will result in its renaming to POL. Ethereum layer 2 development firm Polygon proposed upgrading its in-house MATIC (MATIC) token into a multipurpose token that can be used to validate multiple chains.The proposal…

Multinational banking giant HSBC has reportedly become the first bank to complete financing transaction on European blockchain trade platform we.trade.Since we.trade started the project back in 2017, HSBC recently financed a transaction on the platform within a second round of pilots that started in June 2019, economics magazine Global Trade Review (GTR) reported on Aug.…

Grayscale’s Bitcoin Trust currently holds $4.3B assets under management, but this growth may be due to ‘in kind’ purchases. 1980 Total views 24 Total shares Crypto fund manager Grayscale Investments has managed to increase its assets under management by another $1 billion in less than two weeks.According to an update posted to Grayscale’s Twitter account…

In the past decade, hacking gradually became a respectable and potentially rewarding career thanks to the introduction of bug bounties.While some organizations like Mozilla launched bug bounties all the way back in 2004, major impetus to the industry came when Google and Facebook rolled out similar programs in 2010 and 2011, respectively. Soon after, in…

Bitcoin has shed nearly 6% in an hour after Tesla suspended its support for payments in BTC. 18794 Total views 40 Total shares The Bitcoin markets are pulling back after electric car manufacturer Tesla suspended its support for vehicle purchases using BTC.In a May 13 tweet, Tesla’s CEO Elon Musk noted the company’s concerns regarding…

Bitcoin price descends to $60,000, but will traders buy the dip in BTC and altcoins?

Cryptocurrency markets were showing signs of life today, Dec. 17, but the major focus was on Ethereum (ETH), which passed the price of Bitcoin Cash (BCH) for the first time.Market visualization from Coin360Data from Cointelegraph’s price tracker, Coin360, CoinGecko and CoinMarketCap confirm the ongoing battle within the top ten altcoin assets, with ETH trading around…