Bank of England watchdog asks firms to disclose crypto exposure
The UK’s central bank wants to monitor the stability of crypto and set future policy; it has asked local firms to disclose their current and future crypto plans.
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Mining Giant Bitfury Raises $80 Million in Closed Funding Round as Mining Market ‘Matures’
Bitcoin mining infrastructure provider Bitfury has raised $80 million in a closed funding round, the company revealed in a press release shared with Cointelegraph Nov. 6.The round, which comes weeks after rumors Bitfury was considering an IPO, was led by European venture capital fund Korelya Capital.Other participants included South Korean internet giant Naver Group, Asian…

Trump adds RFK Jr to transition team as former president faces new indictment
The pro-crypto ex-Democrat Robert F. Kennedy Jr. has joined Donald Trump’s team, which will help to form a government if Trump wins the presidential election in November.

Dogecoin becomes second largest PoW cryptocurrency
Following the Ethereum Merge, Dogecoin now only trails Bitcoin as the biggest proof-of-work cryptocurrency. 502 Total views 21 Total shares Meme-inspired cryptocurrency Dogecoin (DOGE) is now officially the second largest proof-of-work (PoW) crypto in terms of market cap, following the Ethereum network's proof-of-stake upgrade on Sept. 15. Bitcoin (BTC) of course remains miles ahead of Dogecoin’s…

Montana County Adopts Regulation Requiring Crypto Miners to Use Renewable Energy
The United States county of Missoula, in the state of Montana, has adopted regulation for cryptocurrency mining, local media outlet the Missoulian reports on April 5.Per the report, the Missoula County Board of Commissioners voted unanimously to impose new rules for local cryptocurrency mining operations. As Cointelegraph reported last month, when the regulation was first proposed,…

‘The bond market bubble has burst’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week staring down a wild macro environment after sealing its lowest weekly close in nearly two years.As risk assets across the global economy take a hammering and the U.S. dollar surges, the largest cryptocurrency is on a limp footing.September, having started out on bulls’ side, is now living up to…

Nonfungible tokens soar even as Bitcoin price drops close to $32,000
Today the wider cryptocurrency market finds itself looking for something to spark some momentum as Bitcoin (BTC) price dropped to $32,300 and altcoins sustained 2% to 5% losses.Data from Cointelegraph Markets Pro and TradingView shows that the top three performers over the past 24 hours are Audius (AUDIO), Axie Infinity (AXS) and Small Love Potion…

‘Bitcoin dead’ Google searches hit new all-time high
Sentiment in the crypto community is the lowest it has ever been, leading to fresh speculation that BTC is a dying asset. 1108 Total views 36 Total shares Collapsing Bitcoin (BTC) prices are reviving renewed speculation about the demise of the leading cryptocurrency, according to Google search trends. Google searches for “Bitcoin dead” spiked in the…

MIT Professor Christian Catalini Is Working on Facebook Coin: Report
Massachusetts Institute of Technology professor Christian Catalini is on leave and working on the development of Facebook coin, cryptocurrency news Coindesk reported on May 3.Per the report, two anonymous sources with knowledge of the situation told Coindesk about Catalini’s collaboration with Facebook. Catalini — the Theodore T. Miller Career Development Professor at MIT — is…