Financial institutions are experimenting with Bitcoin-backed lending: Ledn

Bitcoin (BTC) sellers' losses are mounting as the BTC price downturn shows that some investors are panicking at current prices.Data from on-chain analytics firm Glassnode and trading suite Decentrader shows that in January, more and more BTC entities have been selling coins for less than they purchased them.On-chain loss selling now "consistent"While no one wants…

Sony Block Solutions Labs, a year-old joint venture between the Sony Group and Startale Labs, has introduced an Ethereum layer-2 blockchain to lure app developers across various sectors.

Van Eck's latest research appears to be an effort towards calming investor fears about Bitcoin... as well as the SEC's. 2228 Total views 17 Total shares On Friday, investment management firm Van Eck released new research indicating that Bitcoin’s price movements are less volatile than between a quarter and a third of the stocks listed…

Following the first phase of the Unblocked Cash program in Vanuatu, Oxfam is readying to launch the pilot program’s second phase using the Dai stablecoin to distribute disaster relief.Speaking exclusively to Cointelegraph, Oxfam Pacific Cash and Livelihoods lead and co-founder of partner company Sempo Nick Williams discussed the challenges and successes of the program’s first…

Bitcoin (BTC) is in short supply at Tesla, even as its CEO predicts that United States inflation has already peaked.Speaking at Tesla’s 2022 Annual Meeting of Stockholders on Aug. 5, Elon Musk predicted that an upcoming United States recession would only be “mild to moderate.”Musk on costs: "The trend is down"After recently selling almost all of…

The initiative was announced Nov. 24 by CEO Chengpang Zhao (CZ) as an effort to “protecting consumers and rebuilding the industry.” 484 Total views 5 Total shares Binance announced Nov. 24 that it is spearheading the creation of a so-called Industry Recovery Initiative (IRI) on BloombergTV. New details about the project to “to lead the…

Two miners have reportedly executed a 51% attack on the bitcoin cash (BCH) blockchain, according to tweets by Cryptoconomy Podcast host Guy Swann on May 24.A 51% attack occurs when someone controls the majority of mining power on a Proof-of-Work blockchain network. This means that the majority block verifier can prevent other users from mining…

South Africa’s national cricket organization briefly fell victim to scammers on Twitter and began offering a fake Bitcoin (BTC) lottery, Indian daily news outlet Indian Express reported on Jan. 14.Cricket South Africa (CSA), which has over 1 million followers, tweeted its alleged participation in the scheme in the early morning.Staff claimed the organization had begun…

More than 1,500 users with residences in Iran reportedly had accounts at Kraken as of June, while 149 users in Syria and 83 in Cuba were also able to access the crypto exchange. The United States Treasury Department’s Office of Foreign Assets Control, or OFAC, is reportedly investigating crypto exchange Kraken for allegedly allowing users…