Last week, Bitcoin miners reportedly sold 11 per cent more coins than they generated over the same period. Last week, Bitcoin (BTC) miners sold 11 per cent more coins than they generated over the same period, June 1 data from on-chain analysis portal ByteTree suggests. According to the portal’s metric that tracks Bitcoin wallet addresses […]
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Despite beginning its mainnet rollout today, the price of Matic has fallen 20% in 48 hours — shedding nearly all gains made during the week leading into the launch. Decentralized application (DApp) platform Matic Network (MATIC) has successfully launched its mainnet following two and a half years of development. A June 1 blog post published […]
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The price of Bitcoin may hit $12,000 within the next month if it sees a breakout above $10,000, traders say. The price of Bitcoin (BTC) could rise to as high as $12,000 within the next month, some traders say. Predictions for an extended uptrend emerged as the dominant cryptocurrency steadied amid declining volatility for about […]
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It’s high time for XRP and XLM to catch up to not only Bitcoin but also some notable altcoin counterparts such as Ethereum and Cardano. As Bitcoin (BTC) has been consolidating recently, many majors have been showing strength with double-digit movements. For instance, Ethereum’s Ether (ETH) rallied from $195 to $245, while Cardano (ADA) rallied […]
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Cryptocurrency travel website Travala.com saw a 45.8% increase in the total number of room nights booked in May compared to April. According to a June 1 announcement, Travala.com also saw its monthly revenue increase by 205% in May compared to April. Still, while the platform is seeing more traction compared to April, May also saw […]
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The CEO of Kingdom Trust, a Bitcoin-friendly custodian managing more than $13 billion in assets, believes Bitcoin comprises a digital realization of Austrian economics. The chief executive of crypto-friendly $13 billion custodian Kingdom Trust, Ryan Radloff, sees Bitcoin (BTC) as a manifestation of Austrian economics. In an interview with Cointelegraph, Radloff said that he first […]
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The co-founder of pioneering crypto wallet BRD attributes his company’s Venezuelan success to local demand for crypto driven by failing monetary policy. Despite once ranking as the fourth-most popular app in Venezuela, pioneering crypto wallet provider BreadWallet, or BRD, attributes its success in the country to local demand for crypto assets. Speaking with Cointelegraph on […]
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The immutability of blockchain ledgers and smart contracts have a “dark side,” argues UPenn professor Kevin Warbach. Blockchain technology crystallizes the rise of “algorithmic power” that today presents a major challenge to traditional forms of sovereignty, legal authority and state-led governance. So goes the argument in a new post for the Oxford University Faculty of […]
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The past few years have seen a glut of cryptocurrency exchanges becoming insolvent. But what legal rights do their customers have with regards to the return of their held assets? A paper recently published by the Law Faculty of the University of Oxford examines the legal risks of depositing cryptocurrency with custodians in the event […]
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The operator of an alleged seven-figure crypto scam appears to have fled the country of South Africa for Mozambique. Willie Breedt, a South African accused of stealing seven-figures from local investors through his VaultAge Solutions scheme, is believed to have fled the country for Mozambique. The story was reported by News24 on May 29, citing […]
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