CZ hits back at WSJ, Hong Kong crypto ETF’s take ‘$50B equivalent’: Asia Express
Binance hits back at claims it fired investigator who found manipulation, Hong Kong crypto ETFs take the “equivalent” of $50B. Asia Express.
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Cambridge University launches crypto research project with IMF and BIS
The University of Cambridge is collaborating with some of the world’s top banking institutions and private companies to introduce a new project targeting cryptocurrency research.The Cambridge Center for Alternative Finance, or CCAF, has launched a research initiative aiming to bring more insights on the rapidly growing digital asset industry, the CCAF announced to Cointelegraph on…
$7B investment firm recommends crypto to beat currency debasement
Crypto and land are the best assets to protect against currency debasement, advises contrarian investment firm, Horizon Kinetics. 1057 Total views 50 Total shares Contrarian investment firm, Horizon Kinetics, is advising investors to seek exposure to crypto assets amid mounting global economic challenges.Speaking to the Financial Times, Horizon’s co-founder Peter Doyle warned that the coronavirus…
Crypto needs regulation but should be done right: Report and database
Regulatory attitudes toward crypto are constantly evolving, often at a slower pace than the crypto industry itself. Institutions and the broader public will not seriously consider working with cryptocurrencies without clear and comprehensive regulation. Furthermore, the industry suffers from widespread scams, phishing and hacks that very often have no legal repercussions. This bolsters the audacity…
Demand for Bitcoin Surges in Argentina as Default Looms
Volumes of the cryptocurrency in Argentine pesos, Bitcoin, and U.S. dollars have risen substantially since January 2018. 747 Total views 27 Total shares The volume of Bitcoin (BTC) in Argentine pesos has risen exponentially since the 2018 cryptocurrency crash, as the country faces a possible default on $65 billion in foreign debt.Arcane Research posted data…
Bitcoin Price: $10K Holds for Now as 50% of CME Futures Set to Expire
Bitcoin (BTC) price was still testing support at $10,000 on Aug. 27 as all eyes began focusing on the upcoming futures expiration set for Friday.Market visualization. Source: Coin360Bitcoin price retests five-figure supportData from Coin360 showed a fresh dip for BTC/USD over the past 24 hours, with markets dropping from local highs of $10,400 to bounce…
Telegram Reveals Catchain, a BFT Consensus Algorithm
A Feb. 3 paper authored by Nikolai Durov, a Telegram co-founder, lays out the details of Telegram Open Network’s consensus mechanism, named Catchain. The proposed solution is a Byzantine Fault Tolerant (BFT) Proof of Stake (PoS) algorithm, similar to that used by NEO or Cosmos.BFT algorithms are attempted solutions to solve the Byzantine Generals problem,…
Bitcoin bounces after weeklong ‘capitulation event’ results in $14.2B in losses
Bitcoin price briefly tops $40,000 and Ether climbs above $2,600 as traders gain their composure following last week's "historic deleveraging event." 28338 Total views 7 Total shares Crypto traders were greeted by green markets on May 24 as the majority of altcoins saw their prices bounce back following last week's downturn that was the “largest…
Japan will prioritize simplicity in CBDC design, says central bank executive
The Bank of Japan is keen to ensure seamless integration of its central bank digital currency with the existing payment architecture. 236 Total views 27 Total shares While Japan’s CBDC plans are still in the research stage, Shinichi Uchida, an executive of the Bank of Japan (BOJ) has said simplicity will drive the central bank’s…