Tag: news.bitcoin
Blockchain
Luna Foundation Guard Launches to Support UST Peg as Stablecoin Blows Past $11B Market Cap
The Luna Foundation Guard, a new decentralized organization developed to support the Luna ecosystem, has been launched last week in Singapore The institution will offer funding in the form of grants
Blockchain
No Developed Nation Bans Cryptocurrencies, Telegram Founder Pavel Durov Warns Russia
Pavel Durov, founder of the messaging app Telegram, has criticized Bank of Russia’s proposal to impose a blanket ban on a range of crypto-related activities Such move would stifle high-tech
Blockchain
Mercadolibre Gets Closer to Crypto With Investments in Paxos and Mercado Bitcoin
Mercadolibre, one of the biggest Latam-based unicorns, has announced strategic investments in two cryptocurrency exchanges: Paxos and Mercado Bitcoin With these investments, the platform gets closer
Blockchain
UBS Warns of Crypto Winter Amid Expectation of Fed Rate Hikes and Regulation
UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years The bank’s analysts explained several major reasons affecting the
Blockchain
Biden Administration Preparing to Release Government-Wide Crypto Strategy: Report
The Biden administration is reportedly drafting a government-wide cryptocurrency strategy as an executive order The directive is expected to be presented to President Joe Biden in the coming weeks
Blockchain
Bitmain Reveals Hydro Bitcoin Miner With 198 Terahash, Produces Almost Double the Power of Today’s Top Machines
One of the largest bitcoin mining rig manufacturers in the world, Bitmain announced the launch of a new bitcoin miner that boasts speeds of up to 198 terahash per second (TH/s) The new model is
Blockchain
Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits
After Bitcoin’s mining difficulty jumped to the highest value ever at 2664 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price This weekend,
Blockchain
Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions
Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes Data shows cryptocurrency spot market volume has
Blockchain
Value Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year
The value locked in decentralized finance (defi) has dropped 2122% since January 4, 2022 At the time, the total value locked (TVL) in defi was $25584 billion and today, the TVL is around $20155
Blockchain
Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’
Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any jurisdiction The lawyer adds that the exchange’s physical
Blockchain
Zimbabwe Signs Agreement Enabling Collection of Taxes From Crypto and E-Commerce Entities
The Government of Zimbabwe has confirmed signing an agreement with Daedalus World Limited which enables the latter to collect taxes from crypto and other content providers Zimbabwe’s Stance on
Blockchain
Bastyon Inventor Daniel Satchkov Explains the Importance of Using an Open Source Social Media Platform
Bastyoncom is a social platform built on the Bitcoin foundation It is decentralized with no central serve Bastyon’s codebase is open source, and everything is governed by the users themselves
