Trump eyes handing CFTC oversight of crypto: Report

Bitcoin (BTC) continues to set new records for its network hash rate this month, a sign that miners have shaken off weak price performance.Hash rate hits all-time highs in OctoberData from monitoring resource Blockchain confirmed hash rate hit 114 quintillion hashes per second on Oct. 23. Bitcoin network hash rate (12 months). Source: BlockchainThis is the…

Goldman Sachs-backed crypto startup Circle and crypto exchange and wallet service Coinbase are expanding their consortium behind USD coin (USDC), according to a blog post on June 13.The Centre consortium acts as a platform for deposits and fiat conversions for Circle’s own cryptocurrency, a United States dollar-backed digital token.Having launched USD coin back in September…

In his latest ill-fated tweet, "Dr. Doom" Roubini spells out the death of cryptocurrency again, just as XRP gains 35% and Bitcoin aims for new all-time highs. 2081 Total views 9 Total shares Bitcoin (BTC) naysayer Nouriel Roubini believes that incoming U.S. president Joe Biden will go much further than Donald Trump in controlling cryptocurrency.In…

The $25 million fund will be used to support Miami-based blockchain startups developing digital payment solutions on the Algorand network. 2266 Total views 1 Total shares Borderless Capital’s support for Algorand-based development has taken another incremental turn with the venture capital firm launching a new $25 million fund in Miami.In an announcement on Wednesday, the…

Shiba Inu (SHIB) has emerged as one of the best investments heading into the fourth and final quarter of 2021, with its price rising by over 390% in the first week of October. Nonetheless, the spin-off meme cryptocurrency now risks wiping most of those gains in the coming sessions.Yuriy Bishko, a Ukraine-based market analyst, discussed…

This week, one bit of news really grabbed my attention: Dharma getting criticized for allegedly trying to capture Uniswap governance.Dharma is the company behind a crypto payments and exchange app, a sort of Ethereum-based cousin of Square’s Cash App. Or at least that’s what I previously used to describe it — if you visit the…

Cryptocurrency market sentiment is often influenced by various factors, such as expert forecasts or political events. However, if analyzing on a wider time frame, it turns out that the prices of most cryptocurrencies — especially of Ether (ETH) — could mostly depend on the valuation of Bitcoin (BTC).The results of research conducted by analysts from…

As the final witness in his defense case, the former FTX CEO placed some of the blame for the crypto exchange’s failure on Gary Wang and Nishad Singh. 126 Total views 2 Total shares The jury overseeing the criminal trial of Sam “SBF” Bankman-Fried listened to the former FTX CEO’s testimony for the first time

The explosiveness and high dollar value of nonfungible tokens (NFTs) seem to either distract investors from upping their operational security to avoid exploits, or hackers are simply following the money and using very complex strategies to exploit collectors’ wallets.At least, this was the case for me way back when after I fell for a classic…