Anchorage and Tokensoft have launched wFIL, a wrapping protocol allowing Filecoin to be used on Ethereum. Cryptocurrency infrastructure providers Anchorage and Tokensoft are teaming up to wrap FIL, the native token of decentralized file storage network FIlecoin, for use on Ethereum. The firms announced wFIL on Nov. 23, promoting its use in decentralized finance applications […]
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Additional transactions have been deposited into the Ethereum 2.0 contract to ensure a Dec.1 launch of Eth2’s beacon chain The highly anticipated launch of Ethereum 2.0, or Eth2, is scheduled to take place next week. Specifically speaking, Eth2’s proof-of-stake blockchain known as “the beacon chain” has been confirmed to run alongside the Ethereum network starting […]
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The exchange said the move was in response to “new guidance from the Commodity Futures Trading Commission.” U.S. crypto exchange Coinbase Pro announced today that customers would not be able to use margin trading on the platform beginning on Wednesday. According to the Coinbase blog, Chief Legal Officer Paul Grewal said that no new margin […]
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Africa’s largest economy has become a bastion for crypto adoption. Nigeria’s Finance Ministry is reportedly in talks with the country’s securities regulator to develop a new framework for blockchain and cryptocurrencies — a move that could accelerate adoption in Africa’s largest economy. Business Day, a Nigerian market intelligence publication, reported Tuesday that the Ministry of Finance […]
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Google Trends data show searches for ‘Bitcoin’ rose to a yearly high as BTC price rallied to $19,400. Today Bitcoin (BTC) price extended its rally toward a new all-time high as the price surged to $19,412 in the morning trading session. Daily cryptocurrency market performance. Source: Coin360 Determining the actual all-time high for BTC is […]
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A CNN report suggests Yang may be on the short list for a position in Joe Biden’s cabinet. President-elect Joe Biden is reportedly considering crypto-friendly Andrew Yang as his future Secretary of Commerce. According to a CNN report “based on conversations with Biden allies and advisers and Democrats with knowledge of the matter,” the president-elect […]
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Bitcoin price hit $19,469 for the first time since December 2017, but there are crucial factors that might prevent BTC from hitting a new all-time high. The price of Bitcoin (BTC) hit $19,469 on Coinbase, reaching its highest point since its December 2017 peak. Although the dominant cryptocurrency is close to surpassing its record high, […]
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What price high must Bitcoin hit to account for the past three years of U.S. dollar inflation? Bitcoin’s (BTC) price rose to almost $20,000 in 2017 before losing more than 80% of its value at the end of the initial-coin-offering boom. In the years since, the asset has never again come close to these prolific […]
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Experts explain why blockchain-based systems are still more efficient then paper ballots or online voting systems The 2020 United States presidential election was met with an increase in mail-in ballots due to COVID-19 concerns. Yet while many Americans stayed away from polling stations this year, postal delays, rejected ballots, and other challenges emerged. Unsurprisingly, better ways […]
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Bitcoin’s bull market is having a dramatic effect on demand for hardware resources as miners look to ramp up production. Bitcoin (BTC) mining continues to ramp up following the successful May 11 halving, but growing industry concentration could undermine the “democratization of hash rate,” according to a panel presentation at this year’s Mining and Investment Summit. […]
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