China still controls 55% of Bitcoin hashrate despite crypto ban

After numerous exchanges and cryptocurrency-related accounts were hit in a coordinated Twitter hack, Tesla CEO Elon Musk’s account was also targeted. Elon Musk’s Twitter account was apparently hijacked today following a series of attacks on cryptocurrency-related accounts, including major exchanges such as Binance, and U.S.-based Coinbase, and Gemini. Other handles compromised included the @Bitcoin Twitter…

Major changes could be coming to the network. Ethereum Classic (ETC) accelerator Ethereum Classic Labs announced a plan to protect the blockchain from further attacks.On Aug. 19 the organization proposed taking immediate action in implementing long-term changes to the network architecture over the next three to six months. The accelerator decided to focus their efforts…

The former chairman of the United States Commodity Futures Trading Commission (CFTC) has some new remarks regarding his Digital Dollar initiative, speaking in Davos.On Jan. 22, Ex-CFTC chairman J. Christopher Giancarlo confirmed that the Digital Dollar project will consider the advantages of a United States’ central bank digital currency (CBDC), according to written remarks for…

Gary Cohn — former chief economic adviser to U.S. Pres. Donald Trump — has joined the board of advisers of blockchain-related tech company Spring Labs, according to a press release published, Oct. 12.In addition to serving in the Trump administration, Cohn has previously worked as COO of American banking giant Goldman Sachs, and most recently…

The Republican bill, dubbed FIT for the 21st Century, was drafted by two House committees and passed after strenuous preparations by members of both parties. 395 Total views 12 Total shares Tact was pervasive in the United States House of Representatives Agricultural Committee’s consideration of the Financial Innovation and Technology for the 21st Century Act…

Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo to further expand its ODL service in Southeast Asia. 2766 Total views 18 Total shares Ripple continues its push into the Asian market by acquiring a stake in a cross-border payments firm.According to a blog post, Ripple has agreed to acquire a…

Bitget crypto exchange is the latest firm to boost the record-breaking TON ecosystem with a new $20 million fund.

Digital asset custodial company BitGo recently unveiled its purchase of Harbor, an online platform for digitized securities. “Our vision has always been bigger than wallets and custody,” BitGo CEO Mike Belshe said in a Feb. 18 statement provided to Cointelegraph. “Acquiring Harbor furthers BitGo’s vision of building a new digital infrastructure for financial services.” Harbor’s website is…

Luno exchange agreed not to post their Bitcoin ads in their current form again and promised to ensure that future ads would carry a proper risk warning. 2036 Total views 4 Total shares A major advertising industry organization in the United Kingdom has ruled on an ad campaign telling people “it’s time to buy” Bitcoin…