Bitcoin suffers an epic 50% price crash, MakerDAO’s debt crisis, and a French bank blocks consumers from using Coinbase. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week…
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Bitcoin price rallied to $5,9540 as the U.S. Federal Reserve cut interest rates to 0% and unveiled a massive stimulus package involving $700 billion in QE. In the past hour Bitcoin (BTC) price perked up and rallied 14.33% to a daily high at $5,940. The strong upside move allowed the price to break out of…
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Colombia is one of the key players in the crypto sphere by pace of adoption. What are the reasons behind such popularity? The growing popularity of cryptocurrencies in Colombia has been widely discussed, as there is no unanimous consensus over the key reasons that are driving this momentum. The fact is that there are several…
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Sita and ULD Care consider using blockchain to save $400M in costs for the air cargo industry. Sita, an air transport communications and information tech company, and ULD Care, a trade association, are exploring the possibility of using blockchain technology to save $400M a year in the air cargo industry, according to the March 12…
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Rapper and entrepreneur Akon has shared the whitepaper for his upcoming cryptocurrency exclusively with Cointelegraph. Rapper and entrepreneur, Akon, shared the whitepaper for his upcoming ‘Akoin’ cryptocurrency project exclusively with Cointelegraph. The document describes Akoin as a cryptocurrency “designed for entrepreneurs in the rising economies of Africa and beyond,” adding that the project’s mission is…
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Cardano is working on implementing commercial infrastructure, Charles Hoskinson says development is on schedule. Proof-of-stake (PoS) blockchain Cardano (ADA) is working on implementing commercial infrastructure. The coin’s officials have reassured the public that development is on schedule. During a March 13 YouTube livestream, Charles Hoskinson — the CEO of IOHK, the firm behind Cardano —…
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U.S. agencies work to handle crypto in sanctions evasion, but may ultimately just cut the country off from an evolving financial world. Running up against limited experience and resources for monitoring potentially illegal use of digital assets, United States authorities delegate sanctions monitoring to cryptocurrency exchanges and industry players. But do current practices do more…
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Bitcoin (BTC) is the most secure cryptocurrency with the most secure blockchain, remind the legions of Bitcoiners who argue that the cryptocurrency’s increasing hashrate is enough to ensure that it never succumbs to a 51% attack. However, skeptics argue that Bitcoin’s halving block rewards put this much-fabled security at risk. By reducing the quantity of…
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Most top performers of the past week have bounced sharply from their lows, which is a positive sign as it indicates buying at lower levels. This week saw huge selling in almost every asset class as panic gripped traders on the ever-spreading coronavirus cases. Cryptocurrencies were also not spared as they came under huge selling…
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The need for reducing carbon emissions is increasing. How can blockchain help in the quest to eliminate carbon emissions? Climate change has created a rapidly growing global market for a digital eco-commodity called carbon credits. Current estimates value these carbon markets at over $100 billion annually. A carbon credit represents one metric ton of CO2…
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