While miners took a double hit, the combination of the pandemic and halving could provide an unlikely tailwind to the crypto industry at large. Normally, little is unexpected concerning the regular, pre-programmed adjustment of the Bitcoin network’s mining reward size, otherwise known as halving. Baked into the digital currency’s original protocol, the anti-inflationary mechanism gets […]
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Vietnam finance ministry has established a research group to develop and scrutinize digital currency-related policy proposals. Vietnam’s Ministry of Finance has agreed to establish a research group charged with studying and making policy proposals regarding cryptocurrencies and virtual assets on. The group, announced May 11, will comprise nine members led by the Vice Chairman of […]
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Blockchain-powered rewards startup MiL.k stikes a partnership with a retail cluster in Seoul downtown, brings the technology to “millions.” Blockchain rewards platform MiL.k has teamed up with Seoul-based luxury retail space chain Shinsegae Duty Free to provide loyalty points compatibility and management. The new partnership allows Shinsegae customers to connect their existing rewards accounts to […]
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After Bitcoin price plummeted on May 10, several exchanges scrambled to inject liquidity into their BTC insurance funds. After a sharp drop in Bitcoin (BTC)’s value on May 10 — just ahead of today’s halving of block rewards for miners on the network — several exchanges scrambled to inject liquidity into their BTC insurance funds. […]
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Bitcoin price action turns volatile once more as daily gains circle 4% despite bad news from traditional markets, which are tipped to open lower. Bitcoin (BTC) returned to $9,000 just hours before the halving on May 11, stepping up efforts to erase the weekend’s big losses. Cryptocurrency market daily overview. Source: Coin360 BTC price hits […]
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Binance recently added its own leveraged tokens, just weeks after removing similar FTX products from its exchange. Binance has launched new leveraged tokens, giving customers greater price swing accessibility. “Leverage Tokens are a tradable asset that gives users leveraged exposure to the underlying asset without the need of maintaining collaterals, margin maintenance and liquidation risk,” […]
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The South Korean blockchain space sees many new platforms trading for unlisted stocks, following an offering from state-backed Koscom last year. The South Korean blockchain space is seeing a steady stream of platforms specialized in trading for unlisted stocks, following on from a major offering from state-backed financial IT firm Koscom last year. Business Korea […]
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As Bitcoin’s halving draws ever closer, Cointelegraph is going live with some of the biggest names in crypto, to celebrate the event. Wherever you are in the world right now, as a Cointelegraph reader, you are almost certainly aware that Bitcoin’s third halving event is now less than 8 hours away. It is also highly […]
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Activity on the Bitcoin blockchain is slowing down as miners process almost all pending transactions in the mempool. As Bitcoin (BTC) halving is set to occur in less than eight hours, the blockchain is currently registering a slowdown in activity. A mempool visualization website shows that the number of pending transactions currently sits at around […]
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Bitcoin is not out of the woods after a wild weekend selloff and risks more downside as the much-anticipated BTC halving event is about to pass. The price of Bitcoin (BTC) touched $10,000 last week but crashed more than $2,000 from Saturday to Sunday as the price hit $8,100. Is the halving hype over a […]
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