Galaxy, Ripple CEOs lent $160M to MoonPay for TRUMP token launch

Japanese holdings of cryptocurrencies such as Bitcoin, XRP, and Ether all surged during the coronavirus pandemic. 1794 Total views 19 Total shares The Japan Virtual and Crypto Assets Exchange Association (JVCEA) — a self-regulatory organization for the crypto industry in Japan — recently published a report on Japanese holdings of major cryptocurrencies in March. 169,376 BTC was held…

Nonprofit cryptocurrency advocacy group Coin Center has appealed to the community to develop tech-based responses to the COVID-19 pandemic that protect civil liberties and privacy.In a post published on April 8, the center’s director of research, Peter Van Valkenburgh, surveyed recent proposals from the Zcash Foundation for Private Contact Tracing Protocols, as well as progress…

Older Bitcoin (BTC) mining rigs are finding it difficult to generate positive revenues during the ongoing crypto market decline.75% drop in Bitcoin mining profitabilityThe profitability of many Application Specific Integrated Circuit (ASIC) machines has dropped into the negative zone after Bitcoin's fall below $24,000 this June 13, data fetched by F2Pool shows. Those machines include…

The United States Labor market added 528,000 jobs in July, much better than the 258,000 estimate. Wages saw growth of 5.2% year-over-year and 0.5% over the month. This suggests that inflation remains high and the U.S. Federal Reserve may continue with its rate hikes in the near future. After staying in close correlation with the U.S.…

Bitcoin (BTC) price rallied above the $5,500 resistance on March 19, overtaking $6,000 as the digital asset stampeded to $6,359. The 18%+ rally restored more than $800 in value to Bitcoin price.Since last week's catastrophic 50% correction, Bitcoin price has recovered by 40% off its low at $3,775. Traders will now watch to see if…

DeFi insurance protocol Ruler and Cover pledged to share the remaining treasury funds to token holders. 109 Total views 10 Total shares In a candid open letter, the lead contributor of Cover and Ruler Protocol, “DeFi Ted,” announced the protocol will close its virtual doors in the near future, citing a mass developer exit as…

The thinktank looked at the interplay of performance, security and privacy in possible CBDC designs and made recommendations for optimizing it. 70 Total views 1 Total shares The U.S. thinktank Atlantic Council released a report Wednesday on cybersecurity issues related to central bank digital currencies (CBDC). The authors provide a generalized discussion of CBDC security,…