Bitcoin 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 ReadingCongressman Stephen Lynch of Massachusetts introduced a bill on April 23 to establish a blockchain network capable of monitoring the SNS. U.S. Congressman Stephen Lynch of Massachusetts has introduced a bill to establish a blockchain network capable of overseeing the distribution of personal protection equipment, ventilators and other necessary medical equipment during the current pandemic. […]
Continue ReadingIn the wake of the recent pandemic, here’s how many different blockchain projects are stepping up to donate resources in the hopes of finding a vaccine. As the world is still reeling from the effects of the coronavirus pandemic, people everywhere are doing what they can to support the effort to find vaccines and treatments. […]
Continue ReadingVeChain, Mastercard and Alipay are among the heavy hitters backing the new APAC Provenance Council, focused on Australia’s $76 billion of exports to China. VeChain, Mastercard and Alipay are among the heavy hitters backing the new APAC Provenance Council, which has already secured millions in funding for supply chain tracking and financing pilots throughout the […]
Continue ReadingIran’s Ministry of Industry, Mining and Trade issued a license to Turkey-based company iMiner for operating in the province of Semnan. Iran’s Ministry of Industry, Mine and Trade granted a license for cryptocurrency mining company iMiner to operate in the country. With 6,000 rigs, iMiner’s setup would purportedly make it one of the largest crypto […]
Continue ReadingThe ever-entertaining John McAfee told Cointelegraph it is “easy” to figure out the identity of the pseudonymous author of the Bitcoin whitepaper. In an exclusive interview with Cointelegraph during Virtual Blockchain Week, privacy coin advocate, fugitive, and self-proclaimed candidate for the president of the United States, John McAfee, asserted that he knows the identity of […]
Continue ReadingChinese cryptocurrency mining hardware producer Bitmain is now poised for a rebound after hitting a rough patch. Chinese cryptocurrency hardware manufacturer Bitmain seems to be bouncing back after a streak of dismal reports. Earlier this week, a local industry blog revealed that the mining giant has accumulated over $300 million in revenue so far this […]
Continue ReadingThe FBI is seeking individuals who held crypto assets on CoinGather who appeared to conduct an exit scam in November 2017. The United States Department of Justice is seeking the owners of crypto funds that were held by CoinGather — a small crypto exchange that was seized by the Federal Bureau of Investigations, or FBI, […]
Continue ReadingVenture capitalist Meltem Demirors explains how the oil market crash and the broader turmoil in financial markets are reshaping the Bitcoin narrative. CoinShares’ chief strategy officer Meltem Demirors shared her view on how the latest crisis in the oil market will impact the ever-changing narratives around Bitcoin. Changing narratives According to Demirors, the recent crash […]
Continue ReadingThe third decade of the third millennium is returning humanity to the gold standard, but this time it will be backed with decentralized ledger technology. When markets are bleeding, investors turn to gold. The celebrated precious metal and former reserve standard of the world’s monetary system is valuable for several reasons, but primarily because it […]
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