Binance’s entrance to the Bitcoin mining industry could create a great disparity for the Bitcoin community. Binance has launched its own mining pool. This could spell bad news for miners, but probably not for the reason you’re thinking of. We’re all aware that Binance is continuing to extend its reach across the industry. The exchange’s […]
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Experts weigh in on the ongoing gold vs. Bitcoin debate: Which asset is more capable in these current times? Is gold faltering as a safe haven? A Coinbase blog post from May 1 suggested that several months into the COVID-19 pandemic, gold’s market efficiency vis-à-vis Bitcoin (BTC) could be slipping. “Bitcoin and gold are fundamentally […]
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Post-halving scenario on Bitcoin’s long-term market trust and reputation seems quite positive according to crypto pundits. With Bitcoin’s (BTC) fourth halving just four days away, members of the global crypto community are eager to see how the event pans out monetarily for the flagship crypto asset. Historically speaking, the halving has almost always had a […]
Continue ReadingInnovations in blockchain technology are changing the paradigm and even the concept of possessing gold. Gold’s history as a symbol of value dwarfs that of any other artifact. Used as money in both ancient Greece and the Roman empire, gold was also the preferred method of payment for goods along the Silk Road. When modern […]
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 […]
Continue ReadingMulti-chain DeFi framework, Equilibrium, raised EOSDT circulation cap from $70 million up to $170 million with pBTC integration. As the decentralized finance, or DeFi, industry continues to grow, the need for liquidity in cryptocurrencies is steadily increasing. DeFi startup Equilibrium has today expanded the supply of its decentralized EOS stablecoin, EOSDT, as a result of […]
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Tokenization might be the best way for businesses to adjust to the new reality of the global coronavirus pandemic. One of the most curious and subtle developments of the COVID-19 global pandemic is the surging demand for stablecoins. Their total supply hit an all-time high recently — roughly $7.5 billion — with demand for Tether […]
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Wall Street veteran and the force behind Wyoming’s forthcoming ‘crypto bank’ Avanti, Caitlin Long, has urged crypto industry leaders to bolster transparency. Wall Street veteran and blockchain pioneer Caitlin Long delivered a presentation during Virtual Blockchain Week urging the crypto sector to be wary of the large number of IOUs underpinning stablecoins and third-party custodied […]
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A cryptocurrency investment management company allegedly lured investors into a fraudulent fund, using the capital for personal gain, according to new complaint. Internet tech support and consulting player KDH Consulting Group recently filed an official complaint against crypto investment management firm Iterative Capital Management for alleged fraud and misdirection. Accusations include “fraud and breach of fiduciary […]
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Cryptocurrency mining operations could move to alternative energy solutions to maintain and boost profitability in the next five years. Over the last decade, cryptocurrency mining has been given a bad rap for the sheer amount of electricity required to power the industry. Back in 2017, it was pointed out that the collective power consumption of […]
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