Why Comparing Bitcoin to Visa Doesn’t Make Any Sense
A reading of Nic Carter’s latest essay for CoinDesk on the inappropriateness of comparing the energy consumption of bitcoin and Visa transactions.
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Movement Labs Raises $38M for Rollup Based on Facebook’s Move Language
Movement Labs, a blockchain company that aims to bring Facebook's Move Virtual Machine to Ethereum, has secured $38 million in a Series A financing round led by Polychain Capital.The firm was founded by Rushi Manche, 21, and Cooper Scanlon, 24 – Vanderbilt college dropouts who say they are on a mission to "make blockchain security

Shiba Inu Ecosystem Token Bone Jumps 10% as Developers Take Key Security Step
Shiba Inu (SHIB) ecosystem token bone (BONE) rose some 10% in the past 24 hours to log one of the higher gains among otherwise tepid crypto markets.BONE exchanged hands at 90 cents in Asian morning hours on Wednesday. The tokens have a market capitalization of $233 million.Trader sentiment was likely buoyed as developers said the

No Man’s Land: Bitcoin Price Locked in $600 Range for 7th Day
markets View Bitcoin has been trapped largely in the $7,500–$8,100 trading range since June 5. A high volume falling channel breakout on the 4-hour chart, if confirmed, would revive the bullish outlook and open the doors to $8,500. The 4-hour chart moving averages and trading volumes indicate the price is more likely to fall back…

John Lennon’s Son Says Bitcoin ‘Empowers’ People Like Never Before
Nov 23, 2020 at 9:01 a.m. UTCUpdated Nov 23, 2020 at 9:06 a.m. UTCSean Lennon at the 2019 Sweetwater 420 Festival(Erika Goldring/Getty Images)John Lennon’s Son Says Bitcoin ‘Empowers’ People Like Never BeforeThe son of Beatles legend John Lennon has praised bitcoin for its ability to help individuals transcend politics and world events.Sean Ono Lennon, speaking…

Germany Sill Holds $2.2B Worth of Bitcoin, Blockchain Data Show
Germany still holds 29,286 BTC worth $2.2 billion, according to Arkham Intelligence. The potential selling pressure equates to 9% of bitcoin's 24-hour trading volume. Germany has been running down its coin stash since mid-June. Germany's bitcoin (BTC) sales and Mt. Gox's reimbursements have recently shaken up the crypto market, and the drama may not be

PayPal Wants to Be a CBDC Distributor
The digital currencies could be distributed through PayPal’s digital wallets, the company’s CEO said. PayPal CEO Dan Schulman(Getty Images)Feb 11, 2021 at 8:19 p.m. UTCPayPal Wants to Be a CBDC DistributorPayPal could be to central bank digital currencies (CBDCs) what private banks are to physical dollars.The company’s CEO, Dan Schulman, laid out a vision during…

Vulture Investor Is Looking to Buy QuadrigaCX Creditors’ Claims
Gerald Cotten, late CEO of QuadrigaCX, circa 2015, image via Decentral Vulture Investor Is Looking to Buy QuadrigaCX Creditors’ ClaimsA New York investment firm wants to buy claims from former QuadrigaCX users – provided there's enough interest from creditors entitled to assets held by the infamous exchange.Argo Partners is opening a dialogue with creditors of…

Stablecoin Supply Growth Isn’t Eating Into Crypto Market Share: JPMorgan
Stablecoin growth is a reflection of an increase in total crypto market cap following gains in bitcoin and ether this year, the report said. The bank noted that stablecoin market share as a percentage of the total crypto market cap is little changed. The launch of new products and regulatory clarity in Europe have helped