New antitrust legislation aims to put an end to tech monopolies in the US
The era of tech giants buying up their up-and-coming competitors will be over if these senators get their way. Go to Source Powered by WPeMatico
Month: February 2021
Robinhood saga reveals deeper flaw about Web 2.0: Oasis Labs executive
Robinhood’s ability to limit tradable assets on a whim reflects the limitations of Web 2.0 interfaces, according to the COO of a privacy-focused blockchain network. Go to Source Powered by WPeMatico
Circle Launches USD Coin on the Stellar Network
Circle and the Stellar Development Foundation (SDF) announced that the second-biggest stablecoin is now available within their network. USD Coin (USDC) is accessible through five integrated wallets, and it can be tradeable on their ecosystem, said the USDC issuer. Stellar Has Been the Official Chain of USDC Since October 2020 Per the announcement, the stablecoin … Read more
US Library of Congress report highlights proof-of-stake tax blindspot
The taxman still isn’t wise to cryptocurrency earnings made through proof-of-stake. But that could change soon. Go to Source Powered by WPeMatico
Binance Coin hits all-time highs as BNB surpasses Bitcoin Cash by market cap
Bitcoin Cash is now in danger of being ejected from the top ten cryptocurrencies by market cap. Go to Source Powered by WPeMatico
Researchers detect new malware targeting Kubernetes clusters to mine Monero
The malware campaign has not been active since it was first detected in Jan. 2021, leading researchers to believe that it “may still be in the reconnaissance and weaponization stage.” Go to Source Powered by WPeMatico
Exchange temporarily halts Ether withdrawals as gas fees hit new highs
Average gas fees hit a new all-time high of $17.5 per transaction on Feb. 3, triggering some exchanges to halt Ether and ERC-20 withdrawals. Go to Source Powered by WPeMatico
Doge Token Pumps After Elon Musk Tweets ‘Dogecoin Is the People’s Crypto’
Elon Musk has tweeted that dogecoin is people’s crypto shortly after the billionaire pledged to go off the social media platform for while. Incidentally, the token, which traded at $0.0411 on February 3, surged to $0.0588 just as Musk was tweeting. However, at the time of writing, the token appeared to have retreated to $0.0541, … Read more
SUSHI price surges 73% in four days: Why investors say it’s still undervalued
The price of SUSHI, the governance token of SushiSwap, has increased by 73% in the last four days, as fundamentals strengthen. Go to Source Powered by WPeMatico
South African regulators issue fresh crypto investment warning
Authorities in South Africa are warning investors to be wary of scams amid the current crypto bull market. Go to Source Powered by WPeMatico
