Venezuela to Peg Pension, Salary Systems to Petro Cryptocurrency
Venezuela is set to begin using its “petro” cryptocurrency as an official accounting unit, according to the country’s president.
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BOB Becomes First Bitcoin Layer-2 Project to Join Optimism’s ‘Superchain’
BOB, a Bitcoin layer-2 project looking to expand development on the world's oldest blockchain, has integrated with the Superchain ecosystem built on Optimism’s OP Stack. OP Stack is a toolkit that allows developers to build their own blockchains atop Ethereum layer-2 network Optimism. Optimism has previous attracted exchanges Coinbase and Kraken to use it as

Multicoin, Binance, Coinbase Invest in Startup Keeping Private Keys Secure
news Blockchain startup Torus has an impressive cap table. The private-key management firm recently closed a $2 million seed round led by Multicoin Capital. The fundraise also saw participation from notable investors like Coinbase Ventures, Sixth Horizon, Accomplice and Terminal. Binance Labs invested $500,000 in the round. Torus, says Multcoin’s Kyle Samani, is solving “one of the most critical…

WisdomTree Launches Physically Backed Bitcoin ETP on SIX Swiss Exchange
Dec 3, 2019 at 12:09 UTCUpdated Dec 3, 2019 at 12:16 UTCWisdomTree Launches Physically Backed Bitcoin ETP on SIX Swiss ExchangeA new bitcoin exchange traded product (ETP) has just listed on Switzerland's SIX stock exchange, and it's physically backed by the underlying crypto.Launched by New York-based WisdomTree – one of largest ETF providers in the…

Bitcoin Gives Up Gains as U.S. Election Anxiety Unleashes Crypto Volatility
A cryptocurrency rally saw a rapid reversal during the U.S. afternoon hours as the final stretch of the U.S. election left traders jittery. Bitcoin (BTC) surged to $70,500 earlier during the day from around $67,000, then shed 2% in an hour to briefly drop below $69,000. It was trading at $69,000 at press time, still

Little-Known Resistance May Be Blocking Bitcoin Price Bounce
markets View Bitcoin continues to chart bearish lower highs along the 50-candle moving average on the 6-hour chart. The immediate bias remains bearish while the cryptocurrency is held below that average line, currently at $3,450. Recent history shows bull failures at the 6-hour 50-candle moving average are often followed by a drop below the recent…

How Texas Became a Global Mecca for Bitcoin Mining
To understand why bitcoin miners have flocked to Texas, it’s useful to think about ducks.Or, more accurately, something called the “duck curve,” which is a way of graphing the balance of energy demand and supply throughout the day.Imagine a graph with 24 hours on the X-axis -- from midnight to midnight -- and society’s net…

Sam Bankman-Fried’s Defense Renews Push for ‘Temporary Release’ Ahead of October Trial
Attorneys for Sam Bankman-Fried have filed a new motion to secure his "temporary release" or at least have him meet with his defense team five days a week, citing his right to help prepare his defense.The defense team filed a motion Friday arguing that Bankman-Fried's right to work on his own defense is being infringed…

AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.01:00Dogecoin Climbs 15% on the Potential for Futures05:08Why Did Starbucks' Web3 Project