‘Old hands selling out’ metric shows Bitcoin price at risk of HODLers dumping
On-chain data shows dormant addresses are selling BTC, leading some analysts to make bearish calls on Bitcoin price. Go to Source Powered by WPeMatico
Month: October 2020
Bitcoin Bar ‘Room 77’ Shuts Down
Room 77, the German bar and restaurant that claims to be the first retail outfit in the world to accept bitcoin payments, has shut down. Cypherpunk Holdings chief economist Jon Matonis broke the news on Twitter. Bar owner Jorg Platzer later confirmed it on Reddit. “Room 77 is closing for good,” Platzer revealed in a … Read more
This blockchain only needs 22Kb of data to be verified
Mina applies zk-SNARKs to Cardano’s Ouroboros consensus to achieve scalability and decentralization. Go to Source Powered by WPeMatico
Better to get it right than to be first with CBDC, says US Fed chair
The U.S. already has a “safe and active dynamic domestic payment system,” Powell argued. Go to Source Powered by WPeMatico
Vinnik trial for extortion and Bitcoin money laundering begins in Paris
The Russian national linked to the laundering of $4 billion of Bitcoin stolen during the Mt. Gox hack is finally in court. Go to Source Powered by WPeMatico
Peter Schiff’s Euro Pacific Bank Under Investigation by Tax Authorities in 5 Countries
Euro Pacific Bank, founded by gold bug and bitcoin skeptic Peter Schiff, is reportedly under investigation by the tax authorities of five countries. The bank’s customers allegedly include several tax fraud masterminds and a Russian syndicate described by the FBI as the world’s worst cybercrime group. Peter Schiff’s Euro Pacific Bank Probed by Tax Authorities … Read more
Payments-focused cryptocurrency Dash now has a bridge to DeFi
A StakeHound collaboration allows Dash holders to earn masternode staking rewards and access DeFi services at the same time. Go to Source Powered by WPeMatico
Ethereum can rise to $800 in 2020 if this bull ‘mini-cycle’ repeats
The price of Ethereum is showing similarities with previous bull cycle beginnings as $800 ETH is coming back in play. Go to Source Powered by WPeMatico
Japanese payments firm JCB and Mizuho Bank test blockchain-based ID
Fujitsu has been working on blockchain-based digital identity tools since 2019. Go to Source Powered by WPeMatico
Swiss gov’t starts consultation process for blockchain laws
The Swiss government will enforce new blockchain laws in less than a year. Go to Source Powered by WPeMatico
