Most of the top 20 cryptocurrencies are seeing slight to substantial gains, with Bitcoin hovering just over $3,600. Wednesday, Jan. 23 — most of the top 20 cryptocurrencies are seeing slight to substantial growth on the day to press time. Bitcoin (BTC) is hovering near $3,600 again, according to Coin360 data. Market visualization from Coin360 At […]
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Key technical parameters signal that top cryptocurrency Bitcoin may be finding a bottom, and could even be headed for a short term price hike, Bloomberg analysts say. Key technical parameters signal that top cryptocurrency Bitcoin (BTC) may be finding a bottom, and could even be headed for a short term price hike, according to analysts […]
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A recent poll of institutional investors by the Global Blockchain Business Council shows that senior executives are largely unfamiliar with blockchain technology. In a survey of institutional investors by the Global Blockchain Business Council (GBBC), 63 percent of respondents believe that senior business executives have a poor understanding of blockchain technology. Cointelegraph acquired a copy […]
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Senior adviser to Bank of England Governor Mark Carney said that cryptocurrencies are slow, lack value and fail basic financial tests. Huw van Steenis, senior adviser to Bank of England’s (BOE) Governor Mark Carney, told Bloomberg in an interview Monday, Jan. 21, that cryptocurrencies fail fundamental financial tests. Van Steenis joined BOE in 2018, having […]
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An MIT professor of engineering claimed that blockchain can allow for a borderless economy if implemented in a decentralized, secure and scalable way. Blockchain can allow for the creation of a borderless economy, Massachusetts Institute of Technology (MIT) professor Silvio Micali claimed in a interview on Bloomberg’s Daybreak Asia, Jan. 21. Speaking on the show, […]
Continue ReadingMajor U.S. universities including MIT, Stanford and UC Berkeley have teamed up to fund a new digital currency. A group of researchers from top United States universities have announced the launch of a “globally scalable decentralized payments network,” according to a press release published today, Jan. 17. The development of the cryptocurrency, dubbed “Unit-e,” is […]
Continue ReadingEthereum’s Constantinople hard fork has been reportedly postponed until at least the next week over a newly discovered vulnerability. Ethereum’s (ETH) Constantinople hard fork faces a delay over a newly discovered security vulnerability allowing a reentrancy attack. The critical issue was detected by smart contract audit firm ChainSecurity and reported in a blog post Jan. […]
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Seven applications will be either approved or rejected within two months, according to data recently released by the agency. According to new insight into the Japanese financial agency’s review process of companies applying for a cryptocurrency exchange license, seven applications will be either approved or rejected within two months. Cointelegraph Japan reported on this development […]
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The network of altcoin Ethereum Classic undergoes a 51 percent attack, and Fortnite removes Monero from their merch store. Top Stories This Week Altcoin Ethereum Classic Reportedly Undergoes 51 Percent Attack Earlier this week, the Ethereum Classic (ETC) reportedly underwent a 51 percent attack. In the aftermath, crypto exchange Coinbase noted that upwards of $1.1 […]
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Bitmain’s CEOs might be stepping down because of the bear market. On Jan. 10, news emerged that Chinese Bitcoin mining giant Bitmain’s co-founders, Jihan Wu and Micree Zhan Ketuan, will step down as co-CEOs of the company. The move follows a streak of reports suggesting that Bitmain has been facing mass layoffs, class action lawsuits and […]
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