Analysis from Coin Metrics suggests that a giant selloff sparked an immediate knock-on effect for BTC/USD, which shed hit lows of $6,850. Bitcoin (BTC) fell below $7,000 minutes after an investor prepared to sell 1,000 BTC on a major exchange, data shows. Discovered by monitoring resource Coin Metrics, the deposit on Huobi Global on April […]
Continue ReadingThe first Bitcoin SV halving sees hash rates drop by more than 50% with BSV price failing to get a boost. Bitcoin SV (BSV) has seen its first halving since its creation in late 2018, hours after Bitcoin Cash (BCH) also completed its 50% block reward reduction event. The cryptocurrency first came about as a […]
Continue ReadingWhy testing smart contracts is crucial, what problems it can and cannot solve, and how to do it. Smart contracts are immutable programs: Once a contract is deployed, it cannot be altered. This allows users to be sure that the rules by which their funds are operated will not be changed. However, the same feature […]
Continue ReadingCrypto industry has the best historical moment to change its reputation into a successful innovative tech sector within the finance industry. The Fed opening the floodgates to unlimited standing quantitative easing paired with a $6 trillion stimulus package is an unprecedented event. It’s the most heavy-handed intervention by the Fed to date. For many crypto […]
Continue ReadingThe first Bitcoin Cash halving sees miner exodus, declining profitability and no significant upward price action. The quadrennial block reward halving for Bitcoin Cash (BCH) has come and gone, with miner rewards dropping from 12.5 BCH to 6.25 BCH. The event marked a pivotal moment for the fifth-ranked cryptocurrency by market capitalization, as it was […]
Continue ReadingBlockchain tech can bring the trust and transparency that are essential during a crisis, especially a global one. The COVID-19 pandemic is not going to end soon. Fear and anxiety have skyrocketed, and nearly half of the people in the United States feel the coronavirus has harmed their mental health. People are scared, anxious, depressed, […]
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Cointelegraph spoke to Chuck Young of the US Government Accountability Office to learn about the agency’s exploration into DLT. The supreme audit institution of the United States, the Government Accountability Office (GAO), posted two job positions with its Innovation Lab concerning the development of prototype applications for blockchain technology during March. Cointelegraph spoke to Chuck […]
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Compound Finance, TD Ameritrade and Cumberland DRW launch the Chicago DeFi Alliance, a new project aiming to support DeFi development. Amid the apparent ongoing collapse in decentralized finance (DeFi) lending, a group of major trading and cryptocurrency companies in the United States are launching an alliance to support the sector. Introduced on April 7, the […]
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Investors fear that the upcoming Bitcoin halving is in peril after last month’s 50% drop but blockchain data from CryptoQuant shows miners remain strong going into May. Approximately 4-weeks ago global equities markets were in distress as investors finally realized that the coronavirus was not just an illness restricted to China, but rather a global […]
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The U.S. legislative branch’s supreme auditor has created two job positions with responsibilities including the development and exploration of blockchain. The United States Government Accountability Office’s (GAO) Innovation Lab posted ads for job positions to develop “use case prototypes” for blockchain technologies in late-March. GAO is the supreme audit institution of the U.S. government and […]
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