Several prominent Chinese cryptocurrency miners expect a wave of new Bitcoin buyers following the halving. A majority of Chinese miners expect a huge influx of new Bitcoin (BTC) buyers within the next six months. According to a poll by crypto services firm RockX on May 4, 57% of Chinese miners expect a large number of […]
Continue ReadingBitcoin price has recovered from its weekend losses back above $9,000 as the U.S. government seeks another $3 trillion in an attempt to revive the economy. On May 5, Bitcoin (BTC) price recovered a significant portion of its losses from Sunday’s weekly close correction and data from Cointelegraph Markets and CoinMarketCap shows that within the […]
Continue ReadingBitcoin Manipulation Abatement LLC accuses Ripple and CEO Brad Garlinghouse of violating security laws while selling and marketing XRP. Attorneys for a company called Bitcoin Manipulation Abatement LLC have filed a lawsuit in a U.S. federal district court alleging Ripple misled investors and sold XRP as an unregistered security in violation of federal law. According […]
Continue ReadingCrypto fans have been discussing actively on social media about the new Bitcoin-related episode of “Billions” series. Showtime released the first episode of the fifth season of financial drama series “Billions,” which opened with a Bitcoin mining bust. The new season, based on the life of the former New York District attorney Preet Bharara, began […]
Continue ReadingBinance’s CEO suspects that recent DDoS attacks came from competing exchanges looking to damage Binance’s reputation rather than steal crypto. As Zhao told Cointelegraph on May 4, the April 29 attack was “well-coordinated” and focused on making Binance services unavailable in some countries of Asia. Competitors behind the attacks? Zhao emphasized that there are “a […]
Continue ReadingAmerican TON investors will be reportedly only eligible for an immediate 72% repayment instead of a 110% refund option in April 2021. Soon after missing the April 30 deadline to launch the Telegram Open Network (TON), Telegram sent another letter to its investors. In the new letter, Telegram reportedly said that American TON investors will […]
Continue ReadingCraig Wright’s Satoshi case will finally go to trial, both sides confirmed to Cointelegraph. Lawyers representing both sides confirmed to Cointelegraph that they expect the trial to convene on July 6. The case that has been captivating the crypto community for several years now may finally receive a resolution. On May 1, Judge Bloom, who […]
Continue ReadingSeveral major cryptocurrencies are facing selling at higher levels but the fact that traders are buying on the dips suggests further range-bound action is likely. Jefferies Greed & Fear email written by Christopher Wood recommends both retail and institutional investors buy Bitcoin (BTC) ahead of the upcoming halving which is less than eight days away. […]
Continue ReadingThe DeFi lending market MakerDAO has updated its governance protocols to prevent another occurrence of forced liquidations that lead to huge losses. The decentralized finance lending market Maker, like many crypto participants, suffered losses during the price collapse of “Black Thursday” on March 12. The price of Ether (ETH) declined by about 50% within 24 […]
Continue ReadingBlockchain co-inventor on why block creation decentralization is not essential to blockchain decentralization. Blockchain co-inventor, Scott Stornetta discusses why Satoshi’s Bitcoin (BTC) design diverted from his implementation of blockchain. In our previous articles, we described Stornetta’s views on Satoshi’s background and the philosophical evidence of why Stornetta could have been Satoshi. Now, we focus on […]
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