The Ethereum hash rate broke the 250 TH/s barrier for the first time since Aug. 2018 The amount of computing power on the Ethereum network is currently at an all time high following weeks of volatility in key metrics on the blockchain. According to data from on-chain analytics provider Glassnode, the Ethereum hash rate hit […]
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Dapper Labs, the team behind Cryptokitties, has completed a Dutch auction for the native token of their ‘Flow’ blockchain, selling 2% of its entire supply at $0.38 each Dapper Labs, the team behind pioneering non-fungible token (NFT)-powered collectibles Cryptokitties and NBA Top Shot, has completed a dutch auction for the native token of their blockchain, […]
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Ripple co-founder Chris Larsen said the firm is considering moving to the U.K., Switzerland, Singapore, or Japan. Ripple is considering relocating to Europe or Asia amid growing frustration at the lack of regulatory clarity in the United States. Speaking to Fortune Magazine’s Jeff John Roberts at the Oct. 6 LA Blockchain Summit, Ripple co-founder Chris […]
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Yet, the biggest crypto hub remains on the blacklist. The EU decided to remove Cayman Islands from its blacklist of tax heavens on Tuesday. The Cayman Islands is a popular jurisdiction for crypto businesses. It was added to the EU’s blacklist in February of this year, so it has spent fewer than six months on […]
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Timing is crucial. DeFi failed to catch on eight years ago, according to comments from Yoni Assia, founder and CEO of financial platform eToro. “I think that DeFi is super interesting,” Assia said on Oct. 6 during a panel on crypto exchanges and venture investments, as part of the LA Blockchain Summit. “We actually built a decentralized […]
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DeFi-tokens corrected heavily over the past 30-days but on-chain data suggest Ether is in the early stages of a bullish reversal. While Ether (ETH) price has been stuck between the $340-$350 range for the last month, multiple on-chain metrics suggest that a recovery may be building. Santiment, a cryptocurrency data analytics firm, recently noted that […]
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In April, he said he’d by gone by Halloween, but the plan has changed pending action in the Senate. Among the leadership of the Commodity Futures Trading Commission, Brian Quintenz is known as one of the leading voices in favor of crypto. His announcement in April that he would only stay “until the earlier of […]
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Is regulation plausible in a completely decentralized environment? Blockchain analytics company Coinfirm recently unveiled a new anti-money laundering tool for the decentralized finance, or DeFi, niche of the crypto space — a sector facing regulatory crackdown on the horizon, according to Jakub Fijolek, Coinfirm’s chief technology officer. “DeFi might soon have some regulatory issues,” Fijolek […]
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The FCA covered everything it could with the ban, CoinShares’ Townsend Lansing says. Following the definitive ban of cryptocurrency derivatives in the United Kingdom, cryptocurrency companies in the country shared their thoughts on the matter with Cointelegraph. Among the most affected is CoinShares, a U.K. company known for providing cryptocurrency exchange-traded notes, or ETNs. Unlike […]
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Receding volume and sideways price action signal that Bitcoin price volatility will increase soon. The markets have been relatively dull for the past 2 months as the price of Bitcoin (BTC) has been sustaining between the $10,200-$11,000 range. In recent days, the range has been narrowed even further, leading some traders to forecast a breakout. […]
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