Category - Blockchain

SEC Director Who Said Ethereum is Not a Security...

William Hinman, a director of the U.S. Securities and Exchange Commission (SEC) known for his statements in favor of greater clarity for the crypto ecosystem and other ICOs and fintech, announced his intentions to leave his post in the upcoming months. Since 2017, Hinman has served as a director of the SEC’s Division of Corporation Finance, an office...

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North America and Europe Control 88% of All...

As Bitcoin adoption grows more and more, concerns about the need for scalability solutions increase. Lightning Network is the most important layer-two development currently available on the Bitcoin blockchain, and it seems that North Americans are the favorite demographic for this efficiency-focused micropayment solution. The Lightning Network is a layer-two...

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Bitcoin’s Core Value Is to Be Rationed, Says the...

During his appearance on DC Fintech Week 2020, the Acting Comptroller of the Currency Brian Brooks praised decentralized networks, highlighted the expanding role of cryptocurrencies and the necessary regulations, and hinted that central banks could actually become nodes to blockchain networks. Brooks On Crypto And Regulation In Brooks’ opinion, banks have...

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Bitcoin Miner Daily Revenue Slumps to 5-Month Low...

It is a well-known fact now, that the Bitcoin blockchain is considerably processing fewer transactions than it’s ‘Ethereum’ counterpart. And this decline in transaction processing has significantly reduced the revenue of miners as well. How much? Well, on-chain analysis firm Glassnode points to numbers that are at a 5-month low. Bitcoin Miner...

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Report: DeFi Was Bullish for Ethereum While...

Cryptocurrency trades have steered clear from Bitcoin trading during Q3 2020, said eToro’s quarterly report. In contrast, the multi-asset brokerage platform revealed that some larger-cap altcoins, such as TRON, EOS, BNB, and Tezos, had experienced double- and even triple-digit trading volume surges. Cryptocurrency Trading Changes On eToro In Q3 The popular...

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Privacy at Stake: 96% Of Information Requests to...

Coinbase has released its recent Transparency Report, and the results are not at all encouraging for privacy advocates and believers in an “anti-establishment” philosophy of cryptocurrencies. According to the company, out of 1914 requests for information it received, 1848 of them corresponded to subpoenas and interactions made by criminal...

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Despite Negative News, Bitcoin Only $1K Away From...

Another week passed on the cryptocurrency market, and it surely wasn’t a boring one. The cryptocurrency started off strong, causing many to believe that it might finally breach the coveted $12,000 mark. However, the excitement was short-lived because, just today, news broke out that the founder of OKEx, one of the primary cryptocurrency exchanges, has been...

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Japanese Financial Group SBI Hires 2 Pro e-Sports...

The Japanese financial services group SBI Holdings is not playing on easy mode when it comes to e-Sports. Not only it is investing heavily on its team, but SBI also hopes to take advantage of the opportunity to boost the growth of the crypto-verse. To strengthen its presence in the gaming scene, SBI e-Sports – the professional e-Sports team sponsored by...

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Monero (XMR) Market Capitalization is at a 2-year...

Monero, the most important privacy coin in the crypto ecosystem, is having a great time, outperforming even Bitcoin in comparison. As of today, October 15th, 2020; XMR closed with a total market capitalization of $2.29 Bn. At a price of $129 per token, the crypto is showing a phenomenal performance, achieving a maket capitalization not seen since 2018, when the...

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Syscoin and CorionX Partner to Push Global...

CorionX, a platform designed to incentivize and promote the global adoption of stablecoins and decentralized finance platforms, has announced it will be partnering with Syscoin to help tackle two of the biggest barriers to entry to DeFi — awareness and cost. Breaking Down Barriers to Entry As part of the partnership, CorionX will begin using...

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