Russian state-owned firm Rostec offers a $1.3 billion-worth plan to apply blockchain in all the state data systems. Russian state-owned holding conglomerate Rostec proposed a roadmap on applying blockchain in all the governmental data systems, local financial newspaper Kommersant reports on May 24. An institution under Rostec has reportedly developed a blockchain roadmap worth of […]
Continue Reading
Ethereum co-founder Vitalik Buterin proposed creating an on-chain smart contract-based ether mixer. Ethereum (ETH) co-founder Vitalik Buterin has proposed creating an on-chain smart contract-based ether mixer in a note on collaborative development platform HackMD on May 24. In his note, Buterin argues that the Ethereum ecosystem needs more privacy, and points out that the default […]
Continue Reading
Major P2P crypto exchange LocalBitcoins.com has banned users based out of Iran. Major peer-to-peer cryptocurrency exchange LocalBitcoins.com has banned users living in Iran, according to their website as of today, May 24. Screenshot of LocalBitcoin Iranian page as of press time A source had previously told Cointelegraph in an email that the impetus for restricting […]
Continue Reading
Most of the top 20 cryptocurrencies are reporting moderate gains on the day as bitcoin approaches the $8,000 mark again. Friday, May 24 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) approaches the $8,000 mark again. Market visualization courtesy of Coin360 Bitcoin is […]
Continue Reading
Addressing critics who claim crypto salaries aren’t viable, Kraken added: “By the way, the employee who took 100% bitcoin in 2012 retired in 2013.” Kraken paid 250 salaries to staff in bitcoin (BTC) last month, the crypto exchange revealed in a tweet on May 23. The firm was responding to Peter Schiff, the CEO of Euro Pacific […]
Continue Reading
Privacy-centric cryptocurrency monero will reportedly switch to a new proof-of-work algorithm in October. Privacy-centric cryptocurrency monero (XMR) plans to switch to a new proof-of-work (PoW) algorithm in October. The new algorithm follows an agreement with permanent storage network Arweave, which will fund an audit of the new algorithm, an Arweave spokesperson told Cointelegraph via email […]
Continue Reading
A teaser of the platform’s new look notably includes a view of margin trading, which CEO Changpeng Zhao previously said was in testing. Cryptocurrency exchange Binance delivered what appeared to be the first confirmation it had added margin trading for traders in a social media update on May 24. As part of its ongoing transition […]
Continue Reading
Social media giant Facebook plans to launch its own payments-focused cryptocurrency “Globalcoin” in 2020. Social media giant Facebook plans to launch its own payments-focused cryptocurrency “Globalcoin” in 2020, according to a BBC news report published on May 24. The BBC reports that tests for the forthcoming digital currency are planned to take place by the […]
Continue Reading
Cryptocurrency markets are turning green, having overcome the drop in the beginning of the day. Thursday, May 23 — Cryptocurrency markets are starting to move upward, having overcome the drop in the beginning of the day, according to Cointelegraph’s Coin360. Market visualization from Coin360 The leading cryptocurrency bitcoin (BTC) started the day at $7,638 gradually […]
Continue Reading
CEO of Morgan Creek Capital Mark Yusko says every investor should list bitcoin among their portfolio assets. CEO of Morgan Creek Capital Mark Yusko says bitcoin (BTC) should be in every investor’s portfolio in an interview with CNBC on May 22. Yusko remarked that he thinks BTC investments will far outperform the S&P 500 investment […]
Continue Reading