Bitcoin miner profits drop as halving, power costs weigh — JPMorgan

President Donald Trump’s $4.8 trillion 2021 budget proposal hopes to reconsolidate the Secret Service with the Treasury Department in order to enhance cyber and financial crime investigations.Established in 1865, the Secret Service was created as a department within Treasury charged with protecting U.S. currency against counterfeiting risks. In 2002, the Secret Service was transferred to…

After BottlePay’s shutdown announcement last week, two more European cryptocurrency firms have shut down because of the upcoming Anti-Money Laundering (AML) rules in the European Union.Online crypto gaming platform ChopCoin and mining pool Simplecoin both announced that they are shutting down in under a month in a notice on their website. Both firms cite the…

Abra has received $5 million in funding from the Stellar Development Foundation. The Stellar Development Foundation, or SDF, has allocated $5 million to crypto investment app Abra. The company now looks to incorporate the Stellar blockchain into its platform, as well as develop Stellar-based products.    "We believe Stellar’s platform is one of the most scalable and…

“CoinGecko is locked in a David and Goliath battle to be the site record for crypto financial information.” 546 Total views 5 Total shares The gap is narrowing between crypto analytics providers CoinMarketCap and CoinGecko when it comes to the number of website visits each receives per month.According to a Dec. 1 report from news…

The year 2020 has been monumental for the blockchain sector, especially in regards to financial markets. Yet, while the price of Bitcoin (BTC) reached new all-time highs this year, the enterprise blockchain space also welcomed in public networks, open-source code and a number of other elements not seen in previous years defined by private, closed…

The conversation occurred at a banking committee meeting with Consumer Protections director Rohit Chopra. 310 Total views 4 Total shares U.S. Senator Bill Hagerty (R-VA), who was elected in 2020 to represent Tennessee after a stint as Ambassador to Japan, spoke to newly appointed Consumer Financial Protection Bureau Director Rohit Chopra regarding cryptocurrencies in a…

The Ethereum community has been divided over how to best respond to the threat of protocol-level transaction censorship in the wake of the United States government sanctions on Tornado Cash-linked addresses. Over the last week, Ethereum community members have proposed social slashing or even a user-activated soft fork (UASF) as possible responses to transaction-level censorship on…

BNB price continues to show strength, leading traders to place an $800 price target on the Binance exchange token.