Russian politicians suggest fines and prison terms of up to 7 years for illegal issuance and use of cryptocurrencies. Russian lawmakers have suggested punishments of up to 2 million rubles ($27,800) and seven years in prison for illegal turnover of digital assets and cryptocurrencies. As reported by the Russian business channel, RBC, the draft amendments […]
Continue ReadingBinance taking the top spot on recently purchased CoinMarketCap has raised concerns among executives from other top crypto exchanges. For an industry that is supposed to be based upon decentralization, it appears to be getting crowded at the top, with a number of companies transforming into unspoken oligarchs, each wielding huge influence — or at […]
Continue ReadingSteem has completed a soft fork which sanctions the account that went rogue and sent 23.6 million STEEM to Bittrex in protest of a recent hard fork. Steem has executed a soft fork to restrict the rogue “community321” account from making transfers after the account sent nearly 24 million STEEM to Bittrex in protest of […]
Continue ReadingOne Crypto industry CEO sees Bitcoin hitting all-time highs at some point as the perfect facilitatory atmosphere sets up the move. Aleks Svetski, co-founder and CEO of Bitcoin (BTC) investing application Amber, said the asset could be on route to hit its all-time price high once again. “It’s just a matter of time – there’s […]
Continue ReadingA blockchain game adopts a play-to-earn model that lets users receive fiat for virtual property transactions. As the world discovers more ways to implement blockchain technology, the billion-dollar gaming industry is leveraging the technology to bring transparency, trust and ownership of digital assets to players. A new vision for blockchain games is emerging — one […]
Continue ReadingThe Baseline Protocol has completed a proof-of-concept showing how multiple stakeholders can securely execute purchase orders without exposing sensitive data. The Baseline Protocol has successfully executed a proof-of-concept in which multiple companies privately and securely synchronized data and managed purchase orders on top of the Ethereum (ETH) mainnet. The concept demonstrates how enterprises can use […]
Continue ReadingThe COVID-19 pandemic has revealed serious problems of the currently existing financial system as well as the Bitcoin’s benefits over it. As many economies slowly begin opening up again, their stability remains uncertain. 2020 will go down in the history books as the year financial markets suffered their worst day since 1987 and oil’s value […]
Continue ReadingBitcoin survived last week’s halving, but it’s only a matter of time before BTC miners flee, say “death spiralists.” Are they right? Bitcoin (BTC) halvings are a little spooky, sort of like the witching hour, and one of the prophecies being murmured about last week was something about a Bitcoin network death spiral. This idea, […]
Continue ReadingAn EOS DeFi project wants to make use of the blockchain’s smart contract upgrade features, enlisting the help of Binance, Eosfinex and others to oversee the process. Equilibrium, an EOS-based decentralized finance, or DeFi, project similar to MakerDAO (MKR), is adding four block producers to its governance system, most notably Binance. Other members include Eosfinex, […]
Continue ReadingBitcoin is now facing three scenarios with the 20-week moving average likely playing a key role in determining which way the market goes in the next few months. Bitcoin (BTC) price is up 1.23% for today’s session at $9,175 having reclaimed the $9,000 handle, after briefly losing it and finding lows of $8,800. Overall, the […]
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