Bitcoin price remains far below investors expectations but the stock-to-flow model suggests nothing extraordinary has occurred yet. Bitcoin (BTC) price dropped to $3,700 for a brief period on March 12, ending the day at $4,970. By March 13, the price recovered from the major downtrend, ending the day at $5,563 and showing an impressive return […]
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Major global chipmaker Nvidia launched an initiative to reallocate unused GPU power to COVID-19 research. The fight against the Coronavirus pandemic has reached the spheres of GPU mining, as the U.S. chip manufacturer NVIDIA launched a proposal for all users to use their computer resources to help the cause. Through Reddit, the technology firm said […]
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Brave files a formal GDPR complaint against Google with its main regulator in Europe. Earlier today, March 16, Brave filed a formal complaint against Google with the lead General Data Protection Regulation (GDPR) enforcer in Europe. In a February Cointelegraph interview, Dr. Johnny Ryan, Brave’s chief policy and industry relations officer, explained that Google is […]
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Major digital asset platform Bakkt has completed a new $300 million funding round, its second funding round after securing $182 million in late 2018. While cryptocurrency markets are experiencing another crash this Monday, major digital asset platform Bakkt has some good news. Referred to as one of the most promising crypto-related initiatives for its physically […]
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Blockchain-based social media startup Sapien unveiled a platform revamp and collaboration with Matic Network. Ethereum-based social network Sapien has unveiled updates to its platform, as well as a partnership with the initial exchange offering project, Matic Network. “After several months of development, we’re launching the next release of our platform, called Alpha Persei,” Sapien Network […]
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Amid a wind-down on coal and nuclear energy production in Germany, blockchain technology is being used to construct decentralized networks of clean energy producers. Royal Dutch Shell subsidiary Sonnen Group announced a partnership with the Energy Web Foundation (EWF) to use EWF’s blockchain to create a virtual power plant (VPP) in Germany on March 12. […]
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Rapper and entrepreneur Akon has shared the whitepaper for his upcoming cryptocurrency exclusively with Cointelegraph. Rapper and entrepreneur, Akon, shared the whitepaper for his upcoming ‘Akoin’ cryptocurrency project exclusively with Cointelegraph. The document describes Akoin as a cryptocurrency “designed for entrepreneurs in the rising economies of Africa and beyond,” adding that the project’s mission is […]
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Coronavirus relief efforts continue as an Ethereum-based dev crowdfunding platform pledges $50,000 in grants towards public health projects. The proliferation of cryptocurrency companies seeking to donate or raise funds for coronavirus relief efforts continues. Ethereum-based crowdfunding platform, Gitcoin, is advancing this trend by pledging at least $50,000 in development grants toward coronavirus-related initiatives. On March […]
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Jeffrey Wernick discussed Bitcoin, Ethereum, Wall Street and Google with Cointelegraph China’s new Focus talk show. Welcome to Cointelegraph China Focus. Focus is a new talk show series launched by Cointelegraph China that covers the hottest topics from around the world. Cointelegraph China Focus invites blockchain industry leaders from all around the globe to participate […]
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Chinese mining giant Canaan has to deal with some extra difficulties over its IPO amid bearish markets. While the current climate seems uneasy for all cryptocurrency businesses, some of them have to deal with extra difficulties. Earlier this month, investors filed a class-action lawsuit against Canaan, a Nasdaq-listed cryptocurrency mining hardware producer. The case is […]
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