Bitcoin Runes fees surpass 1,200 BTC as miners reap rewards post-halving
Bitcoin miners are reaping the benefits of Runes after the halving, with skyrocketing transaction fees lessening the impact of reduced block rewards.
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Gemini to launch Bitcoin cashback rewards on Mastercard credit card
The exchange will offer up to 3% cashback in the form of cryptocurrency for users of its upcoming Mastercard credit card. 3677 Total views 18 Total shares New York cryptocurrency exchange Gemini announced on Tuesday the pending release of the Gemini Credit Card, which will allow cryptocurrency holders to spend crypto and receive cashback rewards…
Reactivated Ethereum pools trigger a 78% surge in THORChain price
Ealier this year THORChain underwent a series of protocol exploits which led to $8 million being drained from its reserves and these successive attack took a heavy tool on RUNE price. This week, the protocol announced that it would re-open its Ethereum pool, along with other altcoin and BTC-based pools and the announcement appears to…
Don Tapscott: Blockchain Enabled P2P Trust For First Time in History
To close out Virtual Blockchain Week, best-selling technology author and co-founder of the Blockchain Research Institute (BRI), Don Tapscott, delivered a presentation articulating what he describes as the shift from the internet of information to the internet of value.In his presentation titled ‘Blockchain Revolution: The State of The Union,’ Tapscott argued that blockchain comprises the…
Bahrain’s Bank ABC using JPMorgan’s Onyx blockchain for cross-border payments
After two years of experiments, JPMorgan and the Bahraini bank will offer U.S. dollar payment settlement in several countries, with plans to expand to euro service as well. 457 Total views 1 Total shares Bahrain-based Bank ABC will use JPMorgan’s Onyx Coin Systems for blockchain-based cross-border payments in a soft, or limited, launch. The new
Facebook Onboards Two Former Coinbase Compliance Experts
Social networking giant Facebook has on-boarded two new compliance experts, who previously worked at United States major cryptocurrency exchange Coinbase.Mikheil Moucharrafie joined Facebook as compliance officer after almost four years of working at Coinbase. At the exchange, Moucharrafie held positions such as support analyst and quality assurance tester, anti-money laundering (AML)/bank secrecy investigator, compliance manager,…
Price Analysis Mar 12: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
Governments and citizens across the world are in a state of panic as cases of coronavirus continue to rise. This has rocked global equity markets for the past few days and volatility has spiked to levels not seen since the last financial crisis. This shows that fear has gripped the traders and they are likely…
European regulators assess DeFi risks, Uniswap launches Android wallet: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.In this week’s newsletter, European securities regulators have published a report on the DeFi ecosystem that lists the risks it poses to the European Union’s financial system —
Just 376 People Own 33% of the World’s Ether, Chainalysis Report Says
A third of the world’s ether (ETH) is owned by just 376 people, according to Chainalysis research published on May 15.Despite controlling a large portion of ETH’s circulating supply, the study found these “whales” are responsible for just 7% of all transaction activity.Chainalysis concluded that while these individuals don’t necessarily have a meaningful impact on ETH’s…