While a 29% drop in Bitcoin’s hash rate might be due to the miners’ capitulation, analysts point to other factors that could have had a bigger impact. The Bitcoin (BTC) network hash rate took a steep dive on March 26, dropping by a whopping 15.95%, which is a 45% sink from its peak highs of […]
Continue ReadingAnatoly Aksakov, a member of the Russian State Duma, says that the country’s crypto law won’t be adopted before the end of spring 2020. After facing multiple delays, the adoption of Russia’s major cryptocurrency law will be postponed again, now due to the coronavirus. Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial […]
Continue ReadingThe coronavirus lockdown has not stopped the annual Coinfest Conference, which has relocated to the digital realm of Decentraland for a week of games, art, prizes and… dancing. The COVID-19 crisis may have put a stop to millions of sports events, work conferences and meet-ups across the world, but it has not halted those in […]
Continue ReadingCivic Wallet is now offering “FDIC-like insurance” for cryptocurrency holdings worth up to $1,000,000. Civic Wallet is a multi-signature non-custodial wallet that now comes with a $1,000,000 guarantee from Coincover. Civic Technologies (CVC) has been known in the crypto space as one of the leading providers of decentralized identity and is now purportedly the first […]
Continue ReadingDespite March 12 hosting a record daily drop in the price of Bitcoin, traders on Coinbase’s retail platform were buying the dip. Leading United States-based cryptocurrency exchange Coinbase has published a report providing detailed insights into how its users responded to the violent crypto market crash suffered on March 12. While many in mainstream markets […]
Continue ReadingBitcoin price attacked the $6,600 resistance on Monday but a move above $6,900 is what’s really needed to change the current trend. Monday proved to be a surprisingly fruitful day for Bitcoin (BTC) price as the digital asset rallied 12.73% to $6,599 before pulling back to $6,380 a few hours later. Despite gloomy news of […]
Continue ReadingOn April 4, the Malta-based cryptocurrency exchange Binance will open Binance KR for trading in South Korea. Crypto exchange Binance is preparing to enter the Korean market for the first time. According to a company blog post on March 31, the Malta-based exchange will soon open Binance KR for trading. The crypto-to-crypto exchange is so […]
Continue ReadingMt. Gox Rehabilitation Trustee Nobuaki Kobayashi was granted a motion with the Tokyo District Court to extend the deadline to July 1, 2020. The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for the submission of rehabilitation plans. According to an official announcement published on the company’s website on March 30, […]
Continue ReadingBitget, a Singapore-headquartered digital asset platform, has obtained a license from the U.S. Financial Crimes Enforcement Network. While global cryptocurrency firms increasingly come to Singapore to benefit from its crypto-friendly ecosystem, some local firms are also expanding their operations beyond local jurisdiction. Bitget, a Singapore-headquartered digital asset platform, has obtained regulatory approval from the United […]
Continue ReadingBinance Academy has established a blockchain research institute in China to foster DLT innovation. Binance Academy, the educational arm of leading crypto exchange Binance, announced the establishment of a blockchain research institute in Shanghai on March 30. The Lingang Blockchain Technology and Industry Research Institute is intended to operate as a think-tank and talent hub […]
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