Cryptocurrency markets are experiencing mixed signals, with Bitcoin trading around $3,920. Thursday, March 14 — cryptocurrency markets are trading sideways, with some major coins making minor gains on the day, according to data from Coin360. Market visualization from Coin360 Bitcoin (BTC) is up less than one percent over the past 24 hours, and is trading […]
Continue ReadingA PwC blockchain expert states that renewable energy is insufficient in addressing Bitcoin’s massive energy consumption. Renewable energy will not solve Bitcoin’s (BTC) sustainability problem according to a blockchain specialist at Big Four auditing company PwC, Alex de Vries. De Vries presented his argument in a study published in sustainable energy journal Cell on March […]
Continue ReadingThe Minority Leader in the U.S. House of Representatives Kevin McCarthy believes blockchain will make the Congress more efficient and transparent. Rep. Kevin McCarthy, the current Republican Minority Leader in the United States House of Representatives, said on Tuesday, March 12, that blockchain can make the U.S. Congress a more efficient and transparent place. Speaking […]
Continue ReadingUnited States SEC Chairman Jay Clayton said that he is still concerned about the potential for manipulation in the crypto space. United States Securities and Exchanges Commission (SEC) Chairman Jay Clayton is still concerned about investor protection when it comes to the commission approving a Bitcoin (BTC) Exchange-Traded Fund (ETF). The SEC chairman spoke about […]
Continue Readingsponsored A German company says it combines the powers of IT and marketing to offer white-label products to blockchain companies – including exchanges. A company says it is combining the power of IT and marketing to deliver high-security, functional and profitable pieces of software that not only work flawlessly, but also sell. CPI says its […]
Continue ReadingA recent report shows that cryptojacking is a prime example of cybercriminals’ shift to “low and slow” attack approaches. Cybercriminals are reportedly favoring unhurried approaches in attacks made for financial gains, with cryptojacking as a prime example of this shift. IT news website ComputerWorld reported on this development on March 14. Data released by cybersecurity […]
Continue ReadingThe CSA and IIROC say they wish to adapt rules to take into account the new cryptocurrency trading arena. Two national securities bodies in Canada have issued a joint consultation paper on March 14, aiming to gather industry feedback about cryptocurrency token regulation. In a summary press release about the paper, the Canadian Securities Administrators […]
Continue ReadingA rephased description of the stablecoin’s backing appears to suggest it is not entirely backed by USD, undoing previous assurances. Developers behind stablecoin Tether (USDT) have drawn scrutiny today, March 14, after social media users noticed they had removed previous claims that the altcoin was fully backed by United States dollars. Tether, which has faced […]
Continue ReadingDespite the large number of opponents and rumors of collusion between Ethereum developers and GPU producers, the ProgPoW algorithm has been supported by 94 percent of the community. Ethereum (ETH) network users have unanimously supported the ProgPoW algorithm, which is expected to make the platform resistant to application-specific integrated circuit (ASIC) miners. Initially, opponents of […]
Continue ReadingElectronic market liquidity provider B2C2 has won its case against Quoine and could claim now over 3,000 Bitcoin (BTC). Electronic market liquidity provider B2C2 has won its case against Singapore cryptocurrency exchange Quoine and could claim now over 3,000 Bitcoin (BTC) ($11.5 million), local English-language daily news outlet Business Times reported on March 14. The […]
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