A federal prosecutor is fighting the release requests of two alleged scammers accused of operating a $722 million cryptocurrency-related Ponzi scheme. New Jersey federal prosecutor Craig Carpenito is fighting the request of two alleged crypto scammers to be released from a county jail amid the coronavirus pandemic. According to court documents filed with the United…
Read more
Will the sacrifice of our privacy help to stop, or at least reduce, the global spread of the coronavirus, and why the governments want to use the total mass surveillance? As the coronavirus continues to spread a total lockdown across the world, governments are creating the foundations for a new society of total surveillance. Can…
Read more
Recently, bitcoin price made another attempt to gain momentum above the USD 6,800 and USD 6,850 resistance levels. However, BTC/USD failed to continue higher and it is currently (08:30 UTC) correcting gains. If there is a downside break below USD 6,500, the price could start an extended downside correction. Similarly, most major altcoins are currently…
Read more
The Bitcoin network hash rate has just taken a steep plummet, and is now down almost 45% from its 2020 peak. The Bitcoin (BTC) network hash rate has just taken a steep plummet and is now down almost 45% from its 2020 peak. The network’s hash rate sank from 136.2 quintillion hashes per second (EH/s)…
Read more
A CoinTracker report has found San Francisco to be America’s top crypto city — housing both the highest density of crypto investors and the highest concentration of crypto capital in the U.S. Crypto taxation tool CoinTracker has released a report comparing the prevalence of cryptocurrency ownership across major cities in the United States. The report…
Read more
The report released by Kraken Intelligence suggests Millennials and Xers could inherit $70 trillion if they continue investing in crypto. Millennials and Generation Xers in the United States currently practicing sheltering in place and social distancing may find some solace that — in addition to saving lives — they may stand to inherit almost $70…
Read more
The Malaysian Palm Oil Council and BloomBloc have developed a blockchain-based app that enables users to trace palm oil throughout the entire supply chain. The Malaysian Palm Oil Council (MPOC) and blockchain startup BloomBloc have developed a blockchain app that enables users to trace palm oil throughout the entire supply chain. Following a successful test,…
Read more
Block producers have approved the first stage of a ‘risky’ EOS governance change that allows any user to propose network rule changes. Block producers have approved the first stage of the implementation of a controversial EOS governance change that allows any user to propose network rule changes. EOS blockchain explorer Bloks shows that the first…
Read more
Communication-related tokens have surged over 18 percent in the last week following in the footsteps of Zoom and other telecom stocks. Communication-related tokens have surged over 18 percent in the last week, following in the footsteps of Zoom and other telecommunications stocks. Increase in the remote workforce During tumultuous times, investors are eager to find…
Read more
MKR token holders now have total control over the smart contract underpinning the MakerDAO protocol. The Maker Foundation has handed governance over the smart contract that underpins the MakerDAO (MKR) protocol to MKR token holders. Describing the move as the project’s “most significant step” toward decentralized governance, the foundation announced that a three month long…
Read more
