Bitcoin is holding $60K — Here’s why it’s important

Amid global coronavirus fears and plunging mainstream markets, Bitcoin (BTC) trading has remained largely unchanged, according to CMT Digital head of trading and business development, Brad Koeppen.“Bitcoin trading has not been that different,” Koeppen told Cointelegraph in a March 31 email. “Volatility and volumes saw an uptick as BTC sold off with the traditional markets…

The South Korean city of Busan has signed a Memorandum of Understanding (MoU) with blockchain company Hyundai Pay, according to a press release published on Feb. 12.According to the announcement, South Korea’s second most populous city after Seoul and Hyundai Pay, a company that developed a blockchain platform and a cryptocurrency wallet, will cooperate in…

From dystopian futures to emotionally charged connections, AI-themed movies have a unique way of tapping into our fascination with artificial intelligence. 133 Total views 1 Total shares Artificial intelligence (AI) has long captured our imaginations, inspiring both awe and trepidation about the possibilities it holds for our future. This fascination with AI’s potential has resulted…

Data compiled by Messari indicates that the 157 crypto assets that posted record highs in 2018 are still bumbling along at prices more than 90% down from their ATHs. 4371 Total views 15 Total shares Data published by crypto market data aggregator Messari shows that 83% of crypto assets that tagged all-time highs in January…

Blockchain smartphone startup Sirin Labs laid off a quarter of its workforce, Israeli business media Globes reported on April 15.Per the report, the startup admitted to having laid off 15 of its 60 employees and having overestimated the sales of their Finney blockchain smartphone. A spokesperson for the company reportedly said that it will now…

To combat counterfeit goods, the Italian government has allocated €15M to develop and implement blockchain and other tech-based solutions. 2429 Total views 43 Total shares Counterfeit “Made in Italy” products are sold in marketplaces around the world. The Italian government is now fighting back against these knockoffs by investing €15 million ($16.2 million) towards the…

Recent layoffs at blockchain software technology company ConsenSys did not exceed 10 percent of staff. The company’s Executive Director of Enterprise and Social Impact Vanessa Grellet spoke to Cointelegraph about the recent developments at the Crypto Finance Conference in Switzerland on Jan. 18.Grellet said that the staff cuts were a “natural movement” and mainly affected…

The CEO of world’s largest cryptocurrency exchange Binance said he “hoped others would follow” his decision to donate all listing fees to charity after a sudden announcement Monday, October 8.According to the announcement, beginning “immediately” meanwhile, Binance will not only donate all such fees to charitable causes for the “greater good,” but also allow developers…

Governments are now considering tracking online user data as a way to fight the rapid spread of COVID-19. As a result, the question of personal data privacy is increasingly becoming a subject of discussion within the crypto community.On March 17, the Washington Post reported that the United States government was in talks with internet giants…