Having made a big move at the start of 2019, Bitcoin price now needs to consolidate its gains, argues Fundstrat’s Tom Lee. Having made a big move at the start of 2019, Bitcoin (BTC) now needs to consolidate its gains, argues Fundstrat’s Tom Lee. In an Oct. 22 interview for BlockTV, Lee — a renowned…
Read more
Computing resources dedicated to Bitcoin transaction validation is bigger than ever, underscoring miners’ overall bullish sentiment despite the price falling. Bitcoin (BTC) continues to set new records for its network hash rate this month, a sign that miners have shaken off weak price performance. Hash rate hits all-time highs in October Data from monitoring resource…
Read more
Almost half of all people working in the blockchain industry are reportedly employed by cryptocurrency exchanges. Almost half of all people working in the blockchain industry are employed by cryptocurrency exchanges, new research from industry-focused publication The Block reveals. The Block published the research results on Oct. 23, stating that 42% of people at 158…
Read more
The CEO of major United States crypto exchange Coinbase, Brian Armstrong, said that the exchange generated nearly $2 billion in transaction fees since 2012. At Vanity Fair’s New Establishment Summit, Coinbase CEO Brian Armstrong said that Coinbase has generated close to $2 billion in transaction fees since it launched in 2012. On Oct. 23, the…
Read more
The Dutch bank ING found a solution to improve the security and privacy trade-off on R3’s Corda, an open-source blockchain platform. ING announced that researchers at the financial services firm have solved a security and privacy issue on blockchain software firm R3’s Corda blockchain. On Oct. 23, ING’s distributed ledger technology team presented its white…
Read more
Financial Services Committee Chair Maxine Waters said that she is still not pleased with Facebook’s proposed Libra stablecoin. Following testimony before the United States House of Representatives Financial Services Committee earlier today, lawmakers are still concerned about the possible launch of the Libra stablecoin. On Oct. 23, legislators heard statements from Facebook CEO Mark Zuckerberg and posed…
Read more
Major cryptocurrency exchange Binance prepares to list the first-ever SEC-sanctioned Blockstack token. Major cryptocurrency exchange Binance is preparing to expand its token offering with the listing of Blockstack (STX). According to an announcement on Oct. 23, the cryptocurrency exchange will open trading for STX/Binance Coin (BNB), STX/Bitcoin (BTC) and STX/Tether (USDT) trading pairs on Oct.…
Read more
As more diverse interests engage with lawmakers and regulators, the blockchain industry no longer has a unified voice. Over the past few months, Libra, Facebook’s prospective global digital currency, has stolen much of the spotlight across many areas of the cryptosphere. The field of blockchain lobbying was no exception: From Mark Zuckerberg smooth-talking powerful officials…
Read more
Recent research by the University of York found that Ethereum-based crypto-games in fact meet definitions of gambling. This week, the university published an article saying that a new study looked into the nine highest-ranked Ethereum dapp (decentralized aplications) games listed on State of the DApps, a not-for-profit curated directory of dapps, and found that they…
Read more
The Association of National Numbering Agencies will assess the adoption of numbering standards for digital assets. A global association of national numbering agencies has set up a new task force to assess the adoption of name standards for digital assets. All types of tokens to be considered The Association of National Numbering Agencies (ANNA) will…
Read more
