Tether discontinues support for euro-pegged stablecoin EUR₮

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) regained some lost ground at the Aug. 29 Wall Street open amid talk of an imminent short squeeze.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewShorts lose out in modest squeeze higher for BTCData from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to near $20,400 on Bitstamp as United States equities began trading.The move…

As many as 50,000 servers worldwide have allegedly been infected with an advanced cryptojacking malware that mines the privacy-focused open source cryptocurrency turtlecoin (TRTL). The news was revealed in an analysis by international hacker and cybersecurity expert group Guardicore Labs on May 29.As reported, cryptojacking is an industry term for stealth crypto mining attacks which…

In a July interview with Cointelegraph, CEO Erik Voorhees described full decentralization as an “iterative process” that can take many years. 695 Total views 8 Total shares Non-custodial cryptocurrency exchange ShapeShift has completed its second airdrop of FOX tokens — dubbed “fairdrop” — as part of a broad decentralization pledge that was first announced in…

The recent KuCoin exchange hack and ongoing OKEx incident, during which withdrawals have been frozen, have raised questions as to how blockchain projects with coins traded on exchanges should act when said exchanges are hacked or funds are stuck.When it comes to projects such as Tron, which replaced tokens that were held by OKEx, such…

Bitcoin (BTC) developer Pieter Wuille has unveiled two proposals on GitHub for a Taproot soft fork in a message to the bitcoin-dev mailing list on May 6.Taproot is a solution that aims to combine the advantages of Merkelized Abstract Syntax Tree (MAST) and the Schnorr signature scheme in order to reveal less information after a bitcoin…

Mark Karpeles — the former CEO of the now-defunct Bitcoin (BTC) exchange Mt. Gox — has received a suspended jail sentence after being found guilty of tampering with financial records. The news was reported by Bloomberg on March 15.The Tokyo District Court has reportedly found Karpeles guilty of mixing his personal finances with those of…

The summons requires M.Y. Safra Bank to submit information about taxpayers who failed to report and pay their taxes on crypto. 534 Total views 31 Total shares With the crypto community growing bigger and as trading volumes reach new highs, the United States is also making more effort to ensure that its Internal Revenue Service…

The name is a reference to the protagonist in Neal Stephenson’s novel, Snowcrash. Blockchain software firm Blockstack PBC announced that it will be changing its name to “Hiro Systems PBC.”Muneeb Ali, co-founder and CEO of Blockstack, told Cointelegraph that the team plans to focus on a narrower set of priorities once the stacks 2.0 mainnet…