Centre, an open-source technology project developed by Coinbase and Circle, has onboarded crypto exchange FTX and Alkemi Network as its latest partners to collaborate on Verite. Verite is a set of shared decentralized identity protocols — developed by Centre — to empower crypto-centric individuals and businesses by granting total control of personal information. Supporting Verite’s…
Read more
Since the start of 2022, Bitcoin (BTC) has seen a decline in price by more than 40% from its all-time high (ATH) of $69,044.77 on Nov 10, 2021. This price volatility hasn’t affected the network’s ability to increase miners’ difficulty to obtain Bitcoin. As competition among miners continues to grow, Bitcoin’s difficulty reached a new…
Read more
Amid the ongoing discussion between the Central Bank of Russia (CBR) and the nation’s Finance Ministry on the future of crypto, a State Duma (the lower chamber of Parliament) working group has voiced their support for regulating rather than banning digital assets. The working group called for the “clear regulation of the digital assets industry”…
Read more
Michael Schmid first made contact with Bitcoin (BTC) in 2013; he installed Bitcoin core, mined a few BTC then bought some Bitcoin from MtGox. Schmid told Cointelegraph that shortly after the infamous Mt. Gox hack, in which Schmid lost his Bitcoin, he also “lost interest”. Timewarp to 2020 and Schmid got “very active again,” as…
Read more
The National Bank of Romania has greenlighted an acquisition in the blockchain industry, authorizing the blockchain startup Elrond to acquire a payment processing platform. Elrond, a blockchain firm focused on distributed applications, received approval to purchase the electronic money institution Capital Financial Services, which acts under the brand Twispay, according to an announcement released on…
Read more
Bitcoin is for everyone. That includes teenagers, children, toddlers and even newborns. When these kids grow up, they’ll use the Bitcoin (BTC) protocol, so it “makes sense to start to integrate Bitcoin into learning as early as possible.” At least, that’s according to Scott Sibley, one-half of the couple behind the creation of the Shamory…
Read more
Paolo Ardoino, the chief technology officer at Tether, believes that the growing developments around central bank digital currencies (CBDCs) globally wouldn’t really impact the role of private stablecoins. Ardoino shared his two cents in a Twitter thread on the growing discussion around CBDCs and what could be their role in the current payment system. He…
Read more
Bitcoin (BTC) reversed in classic fashion on March 10 after bulls failed once again to hold higher levels. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bart’s back on the Bitcoin chart Data from Cointelegraph Markets Pro and TradingView showed BTC/USD forming a characteristic “Bart Simpson” retracement pattern overnight on Wednesday. The pair had managed to…
Read more
Conservative South Korean presidential candidate Yoon Suk-yeol has officially been elected as South Korea’s next president. The election was one of the closest in South Korean history, according to BBC coverage, which saw Yoon, representing the conservative People Power Party, claim victory over his more politically progressive opponent, Lee Jae-myung, by a margin of less…
Read more
The stock prices of crypto-related companies have jumped as the broader market reacted positively to President Joe Biden’s long-awaited executive order requiring US federal agencies to create a regulatory framework for digital assets, as well as exploring a future digital dollar. Coinbase (COIN) surged, up 10.5% at market close, while shares in Bitcoin-evangelist Michael Saylor’s…
Read more