Memecoins not under SEC oversight, Peirce says as TRUMP losses hit $2B

The drastic decrease in crypto mining profitability has hit graphics processing unit (GPU) producers like Taiwan-based Nvidia hard. In Q4 2018, the firm experienced a massive sell-off of its shares, cutting the stock price by 54 percent and making it the worst performer in the S&P 500, CNBC reports on Dec. 21.From 2016 to September…

Atlas Development Services executive Oscar Franklin Tan told Cointelegraph that to avoid the gas fees for transferring 200 million NFTs, it took a different approach in the migration. 234 Total views 1 Total shares Nonfungible token (NFT) platform Enjin recently migrated over 200 million NFTs from Ethereum and a sidechain to its own Enjin Blockchain. In

Telegram is seeking to appeal a United States federal court’s recent ruling in favor of the Securities and Exchange Commission to halt distribution of GRAM tokens.Rejection of the injunction and the status of the investment contractsIn response to the court’s preliminary injunction earlier the same day freezing GRAM issuance until at least the trial, Telegram…

Proof of Impact, a blockchain-based, global marketplace for natural and social capital has closed a funding round led by American asset management firm Franklin Templeton Investments.On Dec. 12, Proof of Impact announced that it closed its first institutional investment round led by Franklin Templeton, a global fund manager that manages around $700 billion in assets. The…

The exchange hinted of legal action against "FUD-peddlers and individuals with malicious intent" threatening its business interests. 909 Total views 36 Total shares Major cryptocurrency exchange Binance is pushing back against allegations of market manipulation and working against the interest of its users.In a Monday Twitter thread, Binance seemingly laid the blame for any claims…

Bitcoin (BTC) hashrate has decreased by 30% in the last three days in line with the predictions made by industry insiders. Before the halving, Cointelegraph surveyed a number of industry insiders about their expectations for post-halving changes in hashrate.Costs of Bitcoin miningThe halving of the block reward erodes Bitcoin miners’ revenue, reduces their margins, and…

KEB Hana Bank and BitGo plan to launch a joint cryptocurrency custody venture in the second half of 2024. 512 Total views 20 Total shares One of the largest South Korean banks, KEB Hana Bank, is moving to offer digital asset custody services through a new partnership with major cryptocurrency custody firm BitGo Trust Company.KEB

The legislation now waits on King Charles’ table for royal assent, the final step required for a parliamentary bill to become law. A bill bringing cryptocurrencies under the same rules applied to traditional assets is set to pass into law in the United Kingdom as it reaches the final stages for King Charles’ royal assent…

The Bitcoin (BTC) options market, which is mostly dominated by Deribit and CME, gives a 9% chance for BTC to rise to it's all-time high at $20,000 by the end of 2020.Given the tendency of Bitcoin to see a prolonged rally six to eight months after a halving is activated, traders in the options market…