BlockFi has launched new cryptocurrency accounts bearing 6 percent annual interest paid monthly in crypto. Crypto wealth management and lending company BlockFi has launched new cryptocurrency accounts supporting Ethereum (ETH) and Bitcoin (BTC) bearing 6 percent annual interest paid monthly in crypto. The company announced the launch through a post published on its website on […]
Continue ReadingRussia’s cryptocurrency legislation draft bill has been adopted with amendments in the second reading by the parliament. Russia’s parliament has adopted in the second reading the bill “On Digital Financial Assets,” aimed at formulating national cryptocurrency legislation, according to a statement published on the parliament’s website on Tuesday, March 5. The State Duma, Russia’s parliament, […]
Continue ReadingDebate has been raging on whether cryptocurrencies with a fixed supply are good or bad. Do they increase prices and demand, or stymy spending? So is crypto actually a currency? This is open to interpretation. While some crypto startups have sought to ensure that their tokens can be used to buy something specific — whether […]
Continue ReadingErisX announced that it has hired former Wells Fargo executive Kyle Unterseher as a business development executive. United States-based cryptocurrency exchange ErisX announced that it hired former Wells Fargo executive Kyle Unterseher as a business development executive. The news was reported in a Medium post published by the exchange’s head of marketing on March 5. […]
Continue ReadingHundreds of vulnerable servers on software Docker were seemingly running Monero mining software. About 400 servers running virtualization software Docker were found to be vulnerable to outside exploitation. Most of them were seemingly running Monero (XMR) mining software, cybersecurity company Imperva reports on March 4. A misconfiguration of the vulnerable Docker hosts permits public access […]
Continue ReadingTotal cryptocurrencies market cap gained back the lost $5 billion yesterday, Bitcoin trades above $3,800 again. Tuesday, March 5 — crypto markets have seen a healthy wave of green, with all of the top 20 cryptos seeing a firm recovery after yesterday’s sell off, according to data from CoinMarketCap. Litecoin (LTC), the fourth cryptocurrency by […]
Continue ReadingLast month was particularly eventful for the Japanese crypto ecosystem. The beginning of the year was particularly eventful for the Japanese crypto ecosystem, which is generally considered to be a major part of the industry. First of all, Japan’s Central Bank (BoJ) issued a study on the role of central bank digital currencies (CBDCs) in […]
Continue ReadingDiar finds that signs of recovery follow dips in mining revenue to their lowest since August 2017. Bitcoin (BTC) mining revenues have begun climbing after falling to their lowest levels in 18 months, statistics from cryptocurrency industry newsletter Diar confirmed Mar. 4. Capping a troubling year for miners, February saw revenue drop to amounts not […]
Continue ReadingAn unknown number of shares has allegedly changed hands between Bakkt and Starbucks in return for payments support. New details about Starbucks’ partnership with United States cryptocurrency platform Bakkt suggest the coffee giant will accept Bitcoin (BTC)-based payments after an equity deal, cryptocurrency industry news outlet The Block reported on Mar. 4. Starbucks, which became […]
Continue ReadingYale-backed Paradigm Fund and Pantera Capital were among the company’s latest contributors. New York-based cryptocurrency brokerage and trading platform Tagomi Holdings raised $12 million in its latest funding round from investors including the Yale-backed Paradigm Fund, the company confirmed in a press release on Mar. 4. Tagomi, which now has total funding of $28 million […]
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