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Monthly Archives: May 2022

Chain-(xcn)-ignores-the-wider-market-downtrend-by-rallying-100%+-over-the-past-month
Cointelegraph Feed

Chain (XCN) ignores the wider-market downtrend by rallying 100%+ over the past month

May was an incredibly challenging month for the cryptocurrency market as a majority of tokens booked heavy losses as a bear market was confirmed, but not every project dropped back to pre-bull market lows.Chain (XCN), a protocol designed to help organizations launch their own blockchain network or connect with other more established networks, managed to…
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Over-1.2-million-ethereum-transactions-failed-in-may
Cryptocurrency News Feeds

Over 1.2 Million Ethereum Transactions Failed in May

Ethereum’s failed transaction count soared by another 1.2 million in May alone. That’s up 200,000 from last month’s figure and over 2% of all failed transactions in its history. According to the blockchain data explorer Blockchair, exactly 1,228,131 Ethereum transactions failed between May 1st and May 31st, at the time of writing. Transaction failures may…
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Despite-the-bear-market,-fidelity’s-crypto-arm-on-a-hiring-spree
Cryptocurrency News Feeds

Despite the Bear Market, Fidelity’s Crypto Arm on a Hiring Spree

Fidelity’s aggressive push into the cryptocurrency sector isn’t surprising. But the hiring plans for different tech roles in the financial service company have remained unfazed despite the turbulent state of the market. Its subsidiary, Fidelity Digital Asset Services LLC, is embarking on a recruiting effort in tech roles with blockchain experience. According to a report…
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Block-inc-survey-addresses-misconceptions-about-bitcoin:-report
Bitcoin Magazine Feed

Block Inc Survey Addresses Misconceptions About Bitcoin: Report

In partnership with Wakefield Research, Block Inc released a survey of 9,500 respondents discussing misconceptions surrounding bitcoin.Block partnered with Wakefield Research to address misconceptions surrounding Bitcoin. The survey included 9,500 respondents from varying age groups, genders and ethnicities from around the world.The data reveals something telling about the knowledge gaps in Bitcoin and what strengthens…
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Basel-committee-presses-on-with-restrictive-requirements-for-banks’-crypto-holdings
Cointelegraph Feed

Basel Committee presses on with restrictive requirements for banks’ crypto holdings

The committee of central banks and regulators has proposed a “conservative prudential treatment” of crypto assets that banking groups say is prohibitive. 258 Total views 4 Total shares The Basel Committee on Banking Supervision met Friday and discussed cryptocurrency, among other topics. The committee stated that it would soon publish its second consultative paper with…
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Uk-government-proposes-amends-to-manage-risks-associated-with-failed-stablecoin-projects
Cryptocurrency News Feeds

UK Government Proposes Amends to Manage Risks Associated With Failed Stablecoin Projects

The catastrophic event sparked renewed effort from the global regulators to address key inefficiencies in the stablecoin market that many consider could potentially jeopardize financial stability. The UK government, for one, is introducing measures in a bid to protect investors against the potential collapse of stablecoins. Changing Existing Legislation In a consultation paper released on…
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