News

  • Bitcoin News - 3 March 2021, 6:30 pm

    Citigroup says bitcoin is at a tipping point and the cryptocurrency could become “the currency of choice for international trade.” The firm wrote in a report that “we could be at the start of massive transformation of cryptocurrency into the mainstream.” Bitcoin Is at the Tipping Point, Citi Says Citigroup's Global Perspectives & Solutions (GPS)…Read More

  • Cointelegraph.com News - 3 March 2021, 5:53 pm

    NFTs are taking over from where DeFi left off, and data suggests asset tokenization will dominate 2021. The last bull run of 2017 was defined by the initial coin offering craze, which took a turn for the worse with foreseeable consequences for overvalued projects that had little more than a team and a poorly written…Read More

  • Cointelegraph.com News - 3 March 2021, 5:00 pm

    Big Coinbase outflows show that some big players are scooping up Bitcoin on dips below $50,000. Whales are continuing to accumulate Bitcoin (BTC) despite the price more than doubling so far in 2021, according to the latest data from CryptoQuant.This trend indicates that the confidence in Bitcoin is strengthening as the price is now attempting…Read More

  • Cointelegraph.com News - 3 March 2021, 4:40 pm

    The Toronto-based investment firm will put the matter to a vote in April. Less than two months after launching trading for shares of its Bitcoin trust, Canada-based investment manager Ninepoint Partners is planning to change its offering to an exchange-traded fund.In an announcement on March 3, Ninepoint said it would be holding a vote for…Read More

  • Cointelegraph.com News - 3 March 2021, 4:28 pm

    After resigning from the commission's executive position in January, Tarbert is on his way out. Without much fanfare, Heath Tarbert has announced his full departure from the Commodity Futures Trading Commission at the end of this week.In a tweet Wednesday morning, the former CFTC Chairman said that he would be fully resigning as of Friday.…Read More

  • Cointelegraph.com News - 3 March 2021, 4:15 pm

    Kings of Leon returns after a four-year break with an exclusive album NFT sale. American rock band Kings of Leon is the latest music project to jump on the bandwagon on the non-fungible token, or NFT, industry.After a four-year break, including a delay caused by the COVID-19 pandemic, the Nashville family band is back with…Read More

  • Bitcoin News - 3 March 2021, 4:05 pm

    Gary Gensler, President Joe Biden's pick to lead the U.S. Securities and Exchange Commission (SEC), has revealed his policies on bitcoin and other cryptocurrencies if confirmed as the SEC chairman. Gensler is a professor at MIT who teaches cryptocurrencies. He previously served as the chairman of the Commodity Futures Trading Commission (CFTC). SEC Chair Nominee…Read More

  • Cointelegraph.com News - 3 March 2021, 4:01 pm

    The former founder of Steemit and Block.one is tackling social media once more. Daniel Larimer, former chief technology officer of Block.one and a co-founder of Block.one and Steemit, has revealed his next project, called Clarion.The project is meant to become a mobile-first decentralized social media platform, supporting all types of social features like personal messaging…Read More

  • Cointelegraph.com News - 3 March 2021, 2:17 pm

    We felt like we were doing God’s work, explains cryptocurrency payments pioneer Erik Voorhees as he recalls trying to convert the unbelievers in the early days of Bitcoin.The man whose gambling platform SatoshiDice was once responsible for half of all Bitcoin transactions, is now an elder statesman of crypto and the CEO of the ShapeShift…Read More

  • Cointelegraph.com News - 3 March 2021, 2:00 pm

    Privacy-focused browser Brave has acquired open search engine Tailcat to introduce its own alternative to Google Search later this year. Major privacy-focused browser Brave is inching closer to offering a private search engine. Brave announced Wednesday that the company has acquired Tailcat, an open search engine developed by a group formerly working on privacy search and…Read More

  • Bitcoin News - 3 March 2021, 2:00 pm

    According to the findings of a joint Arcane Research and Bitstamp study, bitcoin's unique characteristics, which include it being “the most portable asset”, are the likely contributing factors behind the increasing use of the crypto as a collateral asset. Bitcoin Unmatched This is evidenced by the study's data which shows that approximately “420,000 bitcoins were…Read More

  • Cointelegraph.com News - 3 March 2021, 1:00 pm

    Could Oracle’s crypto-secure data offering be the new way enterprises leverage blockchain moving forward? While blockchain is known for bringing trust and transparency to multi-party workflows, it can also ensure the immutability of business-critical data. Realizing this potential, technology giant Oracle has announced a crypto-secure data management offering that will be provided as a free feature for Oracle converged…Read More

  • Cointelegraph.com News - 3 March 2021, 12:38 pm

    Kentucky needs to attract more crypto mining businesses by offering tax breaks, local lawmakers believe. Lawmakers in Kentucky are looking to impose tax breaks for local cryptocurrency miners.Kentucky lawmakers on Tuesday approved several state tax breaks including House Bill 230, which would remove the sales tax from electricity purchased by local crypto mining operators.According to…Read More

  • Cointelegraph.com News - 3 March 2021, 12:13 pm

    The famous investor picks Netflix among major companies as the most likely to put Bitcoin on its balance sheet. Netflix may just be the next Fortune 100 company to buy Bitcoin (BTC) and Amazon will have to accept it, says billionaire Tim Draper.In an appearance on the Unstoppable Podcast on Feb. 28, the serial investor…Read More

  • Cointelegraph.com News - 3 March 2021, 12:12 pm

    Iris Energy has upped its target for its second-IPO funding round. Iris Energy, an Australian firm that invests in Bitcoin (BTC) mining data centers powered by renewable energy sources, has doubled its second pre-initial public offering round.According to Bloomberg, a 13 million Australian dollar ($10 million) commitment from equity manager outfit Platinum Asset Management has…Read More

  • Cointelegraph.com News - 3 March 2021, 11:21 am

    What’s an exchange’s next move after falling victim to a security breach? This is a step-by-step guide to following a crypto thief’s tracks through analytics software. It’s every exchange’s worst nightmare: Falling victim to a security breach. An incident can disrupt a trading platform’s operations for weeks, affect customer confidence and damage a carefully cultivated…Read More

  • Cointelegraph.com News - 3 March 2021, 10:30 am

    Schiff looks increasingly isolated in his Bitcoin hating as former skeptic Cuban tells him to “move on” from gold. Bitcoin (BTC) and Ether (ETH) are empowering but gold is “dead,” billionaire Mark Cuban has told one of cryptocurrency's biggest naysayers.In a Twitter debate on Mar. 2, Cuban, who has become increasingly sympathetic to crypto, warned…Read More

  • Cointelegraph.com News - 3 March 2021, 10:30 am

    Utah-based startup TaxBit prepares to provide global crypto-oriented tax expertise with a newly raised $100 million. Major cryptocurrency tax compliance startup TaxBit has raised $100 million as it expands into Europe.According to a March 3 blog post, TaxBit has secured the funds in Series A round led by Paradigm and Tiger Capital. Additional investors included…Read More

  • Cointelegraph.com News - 3 March 2021, 9:57 am

    A peer-to-peer marketplace based on PowerLedger's blockchain technology will enable consumers and prosumers to trade their surplus rooftop solar energy. Tata Power DDL, a leading electricity distribution company that serves over seven million residents in North Delhi, is piloting a solar energy trading project together with Australian blockchain firm PowerLedger and the India Smart Grid…Read More

  • Cointelegraph.com News - 3 March 2021, 9:47 am

    K bank, the major fiat on-ramp for South Korean crypto exchange Upbit, has set its sights on going public in 2022. Some South Korean banks appear to be enjoying the benefits of increased crypto involvement with K bank reportedly eyeing an initial public offering in 2022.According to a report by The Korea Times on Wednesday,…Read More

  • Cointelegraph.com News - 3 March 2021, 9:20 am

    Bitcoin rallies above $51,000 as the dollar stagnates, showing signs of a short-term top. The U.S. dollar index (DXY) is showing signs of a short-term top as the price of Bitcoin (BTC) demonstrates signals of a short-term rally.There is a narrative that the price of Bitcoin often coincides with a drop in the value of…Read More

  • Bitcoin News - 3 March 2021, 6:10 am

    PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of OMI Tokens (OMI) under the trading pair of OMI/USDT on March 2nd at 9:00 a.m. EST. ECOMI is leading the way in the mass market digital collectible space. Its app, VeVe, offers the…Read More

  • Cointelegraph.com News - 3 March 2021, 5:09 am

    The United States IRS has clarified that crypto investors who only purchased digital assets using fiat and did not sell during 2020 do not need to report said activities. The United States Internal Revenue Service, or IRS, has updated its FAQ section on cryptocurrency to clarify investors who have only purchased crypto assets with fiat…Read More

  • Cointelegraph.com News - 3 March 2021, 5:01 am

    New partnerships and mainnet launches send select altcoins to new highs as Bitcoin bulls set BTC price back on the path to $50,000. Bitcoin (BTC) bulls appear to have found their momentum as BTC price reclaimed the $49,000 level within the last hour. On March 2 the price dropped as low as $47,000 but currently,…Read More

  • Cointelegraph.com News - 3 March 2021, 4:04 am

    L2 DeFi protocols currently cannot communicate with each other, so Vitalik has proposed a fix. In an ongoing effort to battle escalating transaction fees while creating a unified ecosystem, Ethereum co-founder Vitalik Buterin has proposed a solution for a particular type of cross-rollup scaling.The proposal outlines how two protocols using rollups can communicate with each…Read More

  • Cointelegraph.com News - 3 March 2021, 4:01 am

    Ubisoft in partnership with Belgium Pro Soccer league has launched a free to play crypto soccer game. France-based game publisher Ubisoft just launched One Shot League, a new free-to-play fantasy soccer game powered by crypto assets. One Shot League was developed by the Ubisoft Strategic Innovation Lab in collaboration with Sorare, an Ethereum-based fantasy soccer…Read More

  • Cointelegraph.com News - 3 March 2021, 3:48 am

    Chinese supplier MicroBT will be providing the new hardware over the next two years. One of the largest publicly traded Bitcoin mining operations in the world, Bitfarms, has undertaken to purchase 48,000 new miners over the next two years.The Canadian mining company has sourced the equipment from Chinese supplier MicroBT in a bid to increase…Read More

  • Bitcoin News - 3 March 2021, 3:00 am

    A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year in direct revenue from cryptocurrencies.” Employment Opportunities Meanwhile, as reported…Read More

  • Cointelegraph.com News - 3 March 2021, 2:49 am

    Curve Finance is up nearly 30% in 24 hours after traders rallied into the wrong market in response to news that PayPal may have acquired the crypto custodian, Curv. Excitable speculators mistakenly rushed to invest in the native token of decentralized finance protocol Curve Finance (CRV) after reports emerged that payments giant PayPal has acquired…Read More

  • Cointelegraph.com News - 3 March 2021, 2:37 am

    With more than $300M spent on NFTs this year, it is no surprise that one of the rarest Pepe NFTs “Homer Pepe” just changed hands for $320,000. The rarest Pepe of them all, “Homer Pepe”, has sold for 205 ETH ($320,000) according to owner Peter Kell.The one-of-a-kind card displays a morph between Simpsons character Homer…Read More

  • Bitcoin News - 3 March 2021, 12:30 am

    The publicly listed Canadian bitcoin mining operation Bitfarms has announced the firm is purchasing 48,000 Microbt Whatsminer mining rigs in order to expand capacity. Bitfarms highlights the acquisition of new miners will up the company's hashpower by approximately 5 exahash per second (EH/s). Bitfarms to Acquire 48,000 High-Powered Bitcoin Miners from Microbt The Canadian bitcoin…Read More

  • Bitcoin News - 2 March 2021, 10:00 pm

    Wolfram Blockchain Labs (WBL) and Tezos are forging a full integration of Tezos into Wolfram Language and Wolframalpha. The integration gives easy access to developers that want to interact with the Tezos blockchain and their smart contracts. WBL-Designed Oracle Expands Tezos Developers' Computational and Analytical Capabilities Amid the accelerating race to simplify smart contract deployment,…Read More

  • Bitcoin News - 2 March 2021, 9:00 pm

    PRESS RELEASE. xSigma, a decentralized exchange for stablecoin swaps, has successfully launched on the Ethereum network on February 24, 2021. The integrated DEX and liquidity mining platform xSigma, which is backed by a NASDAQ-listed company, has seen great interest in its stablecoin liquidity pools which enable assets to be swapped seamlessly and with minimal slippage.…Read More

  • Bitcoin News - 2 March 2021, 7:30 pm

    On March 2, 2021, the average fee on the Ethereum network costs around 0.0083 ETH in gas or around $12.89 per transaction. Transaction fees of this caliber have dampened Ethereum-based decentralized finance (defi) applications and Web3 platforms. On February 23, however, crypto proponents were introduced to an alternative solution called Moeing chain. The Moeing chain…Read More

  • Bitcoin News - 2 March 2021, 5:00 pm

    Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April 2021, as part of efforts to improve energy efficiency. Regulating the Electrical Consumption in Inner Mongolia The government of Inner Mongolia will also stop approving new projects in energy-intensive industries such as steel…Read More