Former Bitcoin lead dev predicts demise of BTC network … with a major silver lining
Bitcoin prices could reach $6 million per coin in forty years’ time, but the whales may eventually pull the plug. Go to Source Powered by WPeMatico
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Small Business Owners Study Says Los Angeles Ranks the Most Crypto-Friendly City in the US
A recent study conducted by the online invoicing company that works with small businesses Skynova explains that the city of Los Angeles (LA) is the “most crypto-friendly city in the United States.” Skynova surveyed close to 600 small business owners and top-level executives from the U.S. in order to get their perception of the cryptocurrency … Read more
Fintech Firm Centbee Graduates From South African Regulatory Sandbox
Fintech firm Centbee recently announced it has successfully completed the testing of its cross-border remittance application, Minit Money. The testing of the application was carried out within the framework of the South African Intergovernmental Fintech Working Group (IFWG)’s regulatory sandbox. Using Crypto to Enable Faster and Cheaper Remittances In a statement, the fintech firm claims … Read more
Blacklisted Suex Addresses Received Over $900 Million in Crypto, Report Reveals
Cryptocurrency addresses allegedly used by Russian exchange Suex, recently placed under U.S. sanctions, have received more than $934 million in crypto assets, blockchain analysis suggests. According to the Treasury Department, over 40% of the platform’s transactions involved criminal actors. A Suex co-founder has denied any illegal activity. Sanctioned Crypto Broker Suex Processed $370 Million of … Read more
Just another bubble? Bitcoin price tops follow Chinese debt cycles, new research shows
Events in China could have been dictating Bitcoin price action not just this year, but since its genesis, data hints. Go to Source Powered by WPeMatico
Bitcoin mining estimated to represent 0.9% of global carbon emissions in 2030
New York Digital Investment Group estimates that Bitcoin mining will not represent more than 0.4% of global carbon emissions over the next decade. Go to Source Powered by WPeMatico
Fear & Greed Index suggests Bitcoin’s price is undervalued
The technical analysis tool is popular amongst crypto traders hopeful of securing an insight in the markets psyche. Go to Source Powered by WPeMatico
Pnetwork Protocol Gets Hacked, Loses 277 Bitcoin on Binance Smart Chain
Pnetwork, a multi-chain bridging protocol, announced it was hacked yesterday, losing 277 pbtc (its bridged version of bitcoin) on Binance Smart Chain. The protocol acknowledged that an attacker managed to exploit a bug in its codebase to take control of the stolen bitcoin. The bridging contracts are currently working as usual but with extra security … Read more
Miners have accumulated $600M worth of Bitcoin since Feb
Bitcoin miners appear reluctant to sell their BTC as hashrate increases despite the recent sell-off. Go to Source Powered by WPeMatico
Crypto Market Values Nosedive Amid Global Market Meltdown, Widening Default Risks
Crypto markets have dropped a great deal in value over the last 24 hours as crypto assets across the board have lost anywhere between 7-15% in value during this time period. The overall market valuation of all 10,000+ crypto-assets in existence has slid just below the $2 trillion handle, losing over 9% in value during … Read more