Tether’s $5B mint and political entanglements raise suspicion about industry

Bitcoin (BTC) consolidated at a key flip zone on Aug. 9 as BTC price strength staged a sudden return.BTC/USD 1-hour chart. Source: TradingViewBTC price toys with $29,700 "party" levelData from Cointelegraph Markets Pro and TradingView showed BTC/USD trading near $29,800 after a surge during the previous day’s Wall Street trading hours.That followed a recovery from…

American fast food chain Church’s Chicken has started accepting payments in cryptocurrency Dash (DASH) at its locations in Venezuela, according to an official Facebook announcement on Dec. 12.According to Dash News, the cryptocurrency is accepted in all 10 restaurant locations. Dash has also completed ts first transaction in Church’s Chicken and uploaded a video of…

The Reserve Bank of Zimbabwe, the country’s central bank, is considering a regulatory sandbox for crypto companies in an apparent change from its previous anti-cryptocurrency stance. The proposed sandbox is reportedly part of a broader agenda by authorities in Zimbabwe to revamp the nation’s financial sector, which has seen massive hyperinflation since 2007.Meanwhile, Zimbabwe’s government…

Bitcoin (BTC) is heading to at least $100,000 during the bull cycle which has already begun, one of the industry’s best-known analysts has confirmed.Speaking to RT financial news show the Keiser Report on March 3, Willy Woo said that described BTC/USD hitting $135,000 as a “common-sense prediction.”Woo to Keiser: BTC could soon clinch $250KWoo highlighted…

Ethereum layer-2 scaling platform Polygon has released its zkEVM to mainnet beta, allowing developers to deploy smart contracts with increased finality and lower costs. 473 Total views 3 Total shares Own this piece of history Collect this article as an NFTPolygon has released its open-source zkEVM Ethereum scaling technology to the mainnet, promising reduced transaction…

As retail trust in the stock market comes under strain, DeFi developers champion an alternative system. 3825 Total views 16 Total shares As legacy markets roil, brokerages break down and accusations of market manipulation fly, longtime decentralized finance adherents can’t help but say “I told you so” when it comes to the need for open,…

Bitcoin SV (BSV)-promoting Bitcoin Association has awarded a PhD student at Cambridge University with its Satoshi Nakamoto Scholarship, designed to support the development of blockchain applications.Per a Jan. 9 press release, Robin Kohze, a second-year human genomics PhD student at Cambridge University, became the first to receive the scholarship following a series of blockchain competitions…

A total of eleven crypto asset companies and exchanges have withdrawn license applications ahead of the deadline.

A former senior official of the People’s Bank of China said that the country has completed the backend architecture development of its digital currency. 2606 Total views 68 Total shares The former vice-chair of the People’s Bank of China’s Na­tional Coun­cil for So­cial Se­cu­rity Fund, Wang Zhong­min, announced that China has completed the backend architecture…