The findings come from the Annual Australian Crypto Survey, commissioned by Australian crypto exchange Swyftx. Approximately one million Australians will purchase cryptocurrency for the first time over the next 12 months — bringing total crypto ownership in the country to over five million — according to a newly released survey. The findings came from the…
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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Deciding what to do with your Bitcoin, as prices continue to fall, can be tough. Many believe that the tide will eventually turn and if they hold on for long enough BTC will…
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Amid the economic rumblings across the world and the energy crisis in Europe, Venezuelan president Nicolas Maduro has said his country is ready to step up and help with oil. Despite the fact that Venezuela has the largest supply of crude oil in the world, U.S. economic sanctions imposed in 2019 by the Trump administration…
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The day of The Merge, Ethereum Classic’s hashrate soared to new highs tapping 306 terahash per second (TH/s) ten days ago on September 15. Since then, however, Ethereum Classic’s computational power has dropped 46.16% lower from the high to today’s 164.75 TH/s. Furthermore, ethereum classic’s market valuation has dropped by two positions and lost 26.7%…
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While the U.S. dollar has soared in value against a basket of worldwide fiat currencies, Russia’s ruble climbed 4.5% against the greenback this week. During the first week of September, Russia told the press China would pay for natural gas with rubles and yuan. Moreover, Switzerland’s imports of Russian gold reached a high not seen…
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The Markets in Crypto-Assets framework stands to get in the way of Circle’s Euro Coin and other digital assets. Policymakers should revise the proposal. The digital asset landscape in the European Union is evolving ahead of the passage of the Markets in Crypto-Assets (MiCA) regulation framework that aims to instill regulatory clarity around crypto assets. While…
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From carrying medical data to streamlining royalty payments, NFTs serve a variety of important technological purposes. Bored Apes are a demeaning distraction. It’s time to move on from the Bored Ape Yacht Club. They’re bad for nonfungible tokens (NFTs). They give critics ammo and distract from the technology, which is where the real value lies. …
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Cory Klippsten, the CEO of Swan Bitcoin, shares his views on how “the competition for liquidity” between Bitcoin and Ethereum will play out after the latter’s switch to a proof-of-stake system. While Ethereum (ETH) fans are enthusiastic about the successful Merge, Swan Bitcoin CEO Cory Klippsten believes the upgrade will lead Ethereum into a “slow…
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There’s little to smile about for Bitcoin bulls as the weekly candle nears completion at nearly the same place as two years ago. Bitcoin (BTC) headed for its lowest weekly close since 2020 on Sep. 25 as a week of macro turmoil took its toll. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader prepares for…
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Kadan Stadelmann is the Chief Technology Officer (CTO) of Komodo (KMD), a decentralized, open-source blockchain and a major player in blockchain interoperability and atomic swap technology.__________ As of August 2022, there’s been $2 billion total in crypto losses, with 69% of stolen crypto funds originating from hacking protocols that bridge different blockchains…. Read More: Cross-chain…
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