Did Bitcoin prove itself to be a reliable store of value in 2020? Experts answer

Experts in blockchain technology and crypto take on the question of Bitcoin’s path throughout the year 2020. Without any doubt, the year 2020 was unlike any other year in the 21st century: The ongoing COVID-19 pandemic, global governments unstoppably printing money, “lockdowns” and “social distancing” becoming the new normal, protests against racial discrimination and police […]

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Riot Blockchain buys 15K Bitmain Antminers, expects 65% hash rate increase

Nasdaq-listed crypto firm Riot Blockchain purchases additional 15,000 Antminers from Bitmain for $35 million. Riot Blockchain, a Nasdaq-listed cryptocurrency mining company, has inked another deal with Chinese mining giant Bitmain to buy 15,000 Antminers. According to a Dec. 21 announcement, the Colorado-based firm expects the new purchase will contribute to an increase in its total […]

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Sierra Club leads lawsuit against NY town to prevent expanding Bitcoin mining operations

The lawsuit alleges Greenidge circumvented state laws by seeking regulatory approval “through two separate but interdependent approval applications.” Several organizations have filed a lawsuit against the town of Torrey, New York for approving a plan to expand a Bitcoin mining facility near one of the Finger Lakes. In court documents filed on Thursday in the […]

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Five times crypto got weird in 2020

Crypto is no stranger to weirdos, so here’s a few times the space got strange in 2020. Every industry, group, clique and conclave has its own share of weirdos — cryptocurrency and blockchain are no exception.  Considering that cryptocurrency is the so-called “native” currency of the internet — the repository of the sum of human […]

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BTC drops, XRP is ‘toxic waste,’ Facebook’s Diem in trouble: Hodler’s Digest, Dec. 6–12

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much […]

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Venezuela ramps up Bitcoin payments for imports from Iran and Turkey

Venezuela President Nicolás Maduro claims the country will “use all the cryptocurrencies in the world” to bypass U.S. sanctions. According to an investigative report from RunRun.es, Venezuela intends to increase its use of Bitcoin to pay for imports to bypass financial sanctions imposed by the United States. RunRun.es, which was founded by Venezuelan investigative journalist […]

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