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The importance of block sizes, and the rise of off-chain solutions
25.5.2021
A number of blockchain projects have exploded in popularity in recent months, but their block sizes have stayed the same. What’s the answer to this looming scalability crisis?
Gold hits four-month high following crypto crash
25.5.2021
Spot gold last week hit its highest price level since Jan. 8 after dipping to as low as $1,680 in early March
Key Clues Emerge as to What Beijing Really Thinks About Bitcoin & Mining
25.5.2021
Further details are emerging as to what exactly China’s current stance on crypto and crypto mining is – following days of confused reporting on Beijing’s regulatory policies.
China’s last major crypto crackdown took place in September 2017, when the government banned crypto exchanges from operating...
H&R Block needs clear regulations before dealing with crypto taxes, CEO says
25.5.2021
Ultimately, crypto taxing could be part of the business, H&R Block CEO Jeff Jones added
Bitcoin Mining Council: Promotion, Cabal, Attack on BTC, or Pointless?
25.5.2021
The decision was reached in the meeting between Bitcoin (BTC) miners, the chiefs of a few investment and tech companies, and some billionaires to form the Bitcoin Mining Council. And while some think of this as a good idea and a way to promote Bitcoin, others very much oppose it, calling it...
Greenpeace: Bitcoin energy problem speaks to wider challenge for internet’s future
25.5.2021
Greenpeace USA spoke to Cointelegraph about the organization's perspective on cryptocurrency and recent decision to scrap its Bitcoin donations channel
Bitcoin not on the agenda for HSBC says bank's CEO
25.5.2021
HSBC will not be joining the growing list of major banks offering Bitcoin and crypto investment products to customers and clients
Musk Connects With Na Bitcoin Miners for Sustainability
25.5.2021
After a disastrous week in the Bitcoin industry and hate messages for Elon Musk, the Tesla founder on his new tweet mentioned that he had a word with North American Bitcoin Miners. They committed to publishing planned renewable usage. This latest tweet from the Bitcoin backing giant helped to push...
Bank of Korea Seeking Technology to Develop Digital Currency
25.5.2021
South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to develop a test environment for the project. The news comes after major commercial banks expressed skepticism over their cooperation with domestic...
Another Multibillion Company Testing Bitcoin On Its Balance Sheet
25.5.2021
The Argentinian, New York Stock Exchange-listed software developer Globant has made a low-key bitcoin (BTC) investment, according to its latest filing to an American financial regulator, and has spent USD 500,000 from its balance sheet on the token.
In a periodic filing made to the American...
USDC Attestations Run Late, Raising Alarms in the Crypto Community
25.5.2021
USDC, the second most popular stablecoin in the cryptocurrency market, is late in releasing its attestations, which are documents that certify the number of dollars the custodian Centre holds in banks. The last attestation available for the currency dates back to February when the currency had...
‘I’d rather Bitcoin over bonds’: Billionaire investor Ray Dalio
25.5.2021
Billionaire investor Ray Dalio believes Bitcoin is a better buy than bonds
Bitcoin and Ethereum Test Key Resistance, Altcoins Extend Rally
25.5.2021
Bitcoin price remained well supported and it extended its recovery above the USD 38,000 resistance. However, BTC failed to clear the key USD 40,000 resistance level. It is currently (04:30 UTC) correcting lower and it might test USD 37,000.
Similarly, most major altcoins extended their recovery....
$8.6B IT firm Globant revealed as Bitcoin’s latest institutional buyer
25.5.2021
The technology solutions firm revealed it purchased $500,000 worth of BTC during the first quarter of 2021
Nobel Prize-Winning Economist Robert Shiller Mulls Over Getting Active in the Bitcoin Market
25.5.2021
Nobel laureate and professor at Yale University, Robert Shiller, is tempted by the crypto market. He is mulling over investing in cryptocurrency to experience the market. “I never bought bitcoin. Maybe I should be active in that market,” he said. Yale Professor and Nobel Prize Winner...
3 South Korean Banks Say They Won’t Deal with ‘Risky’ Crypto Exchanges
25.5.2021
Three of South Korea’s five biggest banks, Woori, Kookmin (KB), and KEB Hana, have said they do not want to work with crypto exchanges, claiming the sector is “too risky” – a decision that may well jeopardize the future of even the country’s major exchanges.
Cryptonews.com approached a number...
Ray Dalio Buys Bitcoin Despite Saying Governments May Ban Cryptocurrencies
25.5.2021
Bridgewater Associates founder Ray Dalio has revealed that he owns bitcoin despite concerns he has long voiced about governments interfering and even outlawing cryptocurrencies. The boss of the world’s largest hedge fund said “bitcoin’s greatest risk is its success.”...
Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million
25.5.2021
There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports....
Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage
24.5.2021
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned...
DeFi Yield Protocol (DYP) Launches Decentralized Tools Dashboard
24.5.2021
Yield Farming protocol DYP has launched its long-awaited DYP Tools. DYP Tools V1 is a decentralized tools dashboard built with features that will increase the use cases for DYP Token and the entire DeFi ecosystem. The tool dashboard serves as a liquidity locker for any DeFi project and protects...