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Ongoing layoffs at cryptocurrency mega-firm Bitmain could start a fresh wave of selling in Bitcoin Cash and Litecoin markets, according to prominent crypto investor Kyle Samani. The cryptocurrency-focused venture capitalist said in a tweet that the Bitcoin mining giant is — if rumors are true — running out of money to continue its operations across […]
Following Christmas and a strong corrective rally on Christmas Eve, the crypto market lost over $18 billion within a 48-hour period. The Bitcoin price dipped below the $3,800 mark after a promising price surge to $4,300 and the Bitcoin Cash price suffered a large decline from $230 to $170 within a one-week span, losing 26 […]
Bank of America (BoA) has filed another blockchain patent, documents with the USPTO reveal. The American multinational investment bank stated that it would use blockchain, the underlying technology which powers the world’s leading cryptocurrency Bitcoin, to handle some portions of its cash handling devices. The patent, titled “Banking Systems Controlled by Data Bearing Records, mentioned blockchain […]
Ethereum’s Vitalik Buterin has given about 1,000 ETH tokens each (currently worth about $324,000) to three separate startups that are working on the Ethereum ecosystem. The startups, namely Prysmatic Labs, Sigma Prime and ChainSafe Systems were gifted the tokens by Buterin as a “contribution to the push the development of Ethereum 2.0,” For instance, while […]
In all the huff and shuffle surrounding the several recent stablecoin offerings, even the most dutiful reader might have overlooked TrueUSD (TUSD). However, December has turned out to be an eventful month for the stablecoin, as they today announced that they are the first which has successfully passed three separate security audits. This means that […]