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As the bitcoin halving approaches, crypto-mining ‘death spirals’ and miner capitulation have become prominent topics among digital currency enthusiasts. Despite the trending discussions, Coinshares head of research Christopher Bendiksen published a study that says “[bitcoin] mining death spirals do not actually happen in real life” and the speculation is a “highly theoretical edge case.” Also…Read More

As many as 42 million people in Iran purportedly used unofficial Telegram apps due to the messenger’s ban in the country only to have their data leaked. While Telegram isn’t giving up its ongoing legal battle with United States regulators to launch its TON blockchain project, some online perpetrators are taking advantage of the messenger’s…Read More

Digital payments giant looks to hire a highly experienced person in charge of overseeing their blockchain-related strategies. Digital payments giant PayPal posted a new job listing on March 23, where the company seeks to hire an Anti-Money-Laundering (AML) and Blockchain Strategy director for their Global Financial Crimes (GFC) division.According to the company, the new director…Read More

Amid coronavirus fears, the current N95 facemask market resembles the wilder swings of the crypto space. Although the Wild West of crypto historically has involved scams, hype and price gaming, those descriptors are now tacked onto another industry — the N95 face mask market.“Scrutiny surrounding these deals is high because of ongoing scams and claims…Read More

Bitcoin investment platform XDEX, founded by partners of Brazil’s largest investment broker in LatAm, XP Investimentos announced its closure. Brazilian crypto exchange XDEX, which is owned by the largest stock broker in Latin America, announced the end of its activities. The company announced its closure on March 31:”Today, we announce that XDEX is starting the…Read More

Bitcoin balances of the major exchanges are at their lowest point since 2019. Bitcoin (BTC) balances of the major exchanges are at their lowest point since 2019.Calm waters ahead?From a high in mid-January, the number of Bitcoins on deposit at major exchanges has dropped significantly in following months. This trend accelerated after the recent market…Read More

Blockchain firm Lightning Labs drafted a new Lightning Network-based authentication system that could replace traditional email-based accounts. Blockchain firm Lightning Labs drafted the specifications of a new Lightning Network-based authentication system that could replace traditional email-based accounts.According to a March 30 announcement, the Lightning Service Authentication Tokens (LSAT) is a new authentication protocol for paid…Read More

CZ of Binance talks Bitcoin price, halving and decentralization in Cointelegraph China’s HUB. Changpeng Zhao, known as CZ — the man behind Binance, one of the largest cryptocurrency exchanges in the world — took part in Cointelegraph China HUB, an online interview column started by Cointelegraph China.Cointelegraph：The markets are currently seeing high volatility, which has…Read More

Coinbase Custody successfully migrated its Tezos Bakery — the largest validator on Tezos’ network — from the United States to Ireland while incurring just one minute of downtime. Coinbase reports that it migrated its Tezos (XTZ) staking bakery from the United States to Ireland while incurring just one minute of downtime on March 31.Since launching…Read More

The U.S. mortgage industry faces collapse once again, this time due to the economic consequences following the coronavirus outbreak and massive job losses. Up to 50% of borrowers could default on their mortgage payments, according to industry estimates. Since the stimulus bill signed by President Donald Trump provides relief for homeowners but does not provide…Read More

Libra rival Celo has announced its first round of development grant funding, designating $700,000 to 13 companies so far. Open-source payments network Celo has announced its first round of development grant recipients.A press release shared with Cointelegraph states that Celo has awarded $700,000 in grants to 13 different companies who are looking to build on…Read More

While a 29% drop in Bitcoin’s hash rate might be due to the miners’ capitulation, analysts point to other factors that could have had a bigger impact. The Bitcoin (BTC) network hash rate took a steep dive on March 26, dropping by a whopping 15.95%, which is a 45% sink from its peak highs of…Read More

Anatoly Aksakov, a member of the Russian State Duma, says that the country’s crypto law won’t be adopted before the end of spring 2020. After facing multiple delays, the adoption of Russia’s major cryptocurrency law will be postponed again, now due to the coronavirus.Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets,…Read More

Apifiny’s GlobalX is being released today, and is set to connect global crypto markets to provide a unified liquidity pool and new strategies for institutional investors. Institutions will now be able to trade on every single crypto market simultaneously thanks to GlobalX, an API platform launched on March 31 by San Francisco-based firm Apifiny. The…Read More

The popular cryptocurrency exchange Binance is allegedly in talks with the owners of coinmarketcap.com in hopes of purchasing the website for $400 million. People familiar with the matter explained the acquisition will be announced this week and could be one of the largest procurements in the cryptocurrency and blockchain industry to-date. Also read: Bitcoin Mining…Read More

Two halvings in April will spark a month of increasing attention to BTC until its own halving takes place, despite its lack of profitability, says Coin Metrics. Bitcoin (BTC) miners will continue to capitulate due to low prices, but upcoming events for Bitcoin Cash (BCH) and Bitcoin SV (BSV) will fuel the turmoil, says a…Read More

Blockchain development firm Bitfury is re-assigning the computing power it uses for digital currency transaction processing to COVID-19 research. Blockchain development firm Bitfury is re-assigning the computing power it uses for digital currency transaction processing to COVID-19 research.In an announcement on March 31, the company revealed that it had been allocating its high-powered GPU-enabled computing…Read More

In response to the coronavirus pandemic, the Internal Revenue Service tries to help taxpayers to not lose this economic battle. Crypto communities and the United States Internal Revenue Service haven’t exactly had a love fest over the last five years. It started in 2014, when the IRS said crypto was property, and it hasn’t got…Read More

The coronavirus lockdown has not stopped the annual Coinfest Conference, which has relocated to the digital realm of Decentraland for a week of games, art, prizes and… dancing. The COVID-19 crisis may have put a stop to millions of sports events, work conferences and meet-ups across the world, but it has not halted those in…Read More

Hong Kong Stock Exchange-listed BC Group, the operator of institution-focused digital assets trading platform OSL, reported a 737% increase in revenue in 2019. Hong Kong Stock Exchange-listed BC Group, the operator of institution-focused digital assets trading platform OSL, reported a 737% increase in revenue in 2019.On March 31, BC Group revealed that its OSL digital…Read More

World-famous car manufacturer BMW Group plans to roll out its blockchain supply chain solution to 10 suppliers this year. World-famous car manufacturer BMW Group plans to roll out its blockchain supply chain solution to 10 suppliers this year.Dubbed “PartChain,” the platform has already been successfully tested by BMW in 2019, an official announcement on March…Read More

The SEC has opposed Telegram’s request for clarification as to whether the injunction granted against its Gram distribution has jurisdiction outside of the United States. The United States Securities and Exchange Commission has opposed Telegram’s request for clarity regarding the geographic scope of a court injunction barring the company from distributing its Gram (GRAM) tokens.In…Read More

HackerOne has removed blockchain-based voting platform Voatz’s bug bounty program following a number of issues. For the first time in its history, bug bounty and vulnerability disclosure firm HackerOne has kicked a company off its platform.Blockchain-based voting company Voatz has long touted its bug bounty program through HackerOne when asked about the security of its…Read More

Quarterly performance for Bitcoin has stabilized after its drop to $3,700 two weeks ago, while Q2 is historically the best three months for BTC/USD. Bitcoin (BTC) has in total suffered just 10% from the coronavirus outbreak which obliterated stocks and caused the United States to print $6 trillion.That was according to the latest quarterly price…Read More

Civic Wallet is now offering “FDIC-like insurance” for cryptocurrency holdings worth up to $1,000,000. Civic Wallet is a multi-signature non-custodial wallet that now comes with a $1,000,000 guarantee from Coincover.Civic Technologies (CVC) has been known in the crypto space as one of the leading providers of decentralized identity and is now purportedly the first company…Read More

Despite March 12 hosting a record daily drop in the price of Bitcoin, traders on Coinbase’s retail platform were buying the dip. Leading United States-based cryptocurrency exchange Coinbase has published a report providing detailed insights into how its users responded to the violent crypto market crash suffered on March 12.While many in mainstream markets were…Read More

On April 4, the Malta-based cryptocurrency exchange Binance will open Binance KR for trading in South Korea. Crypto exchange Binance is preparing to enter the Korean market for the first time.According to a company blog post on March 31, the Malta-based exchange will soon open Binance KR for trading. The crypto-to-crypto exchange is so named…Read More

Bitcoin price attacked the $6,600 resistance on Monday but a move above $6,900 is what’s really needed to change the current trend. Monday proved to be a surprisingly fruitful day for Bitcoin (BTC) price as the digital asset rallied 12.73% to $6,599 before pulling back to $6,380 a few hours later. Despite gloomy news of the…Read More

Despite the global coronavirus pandemic, Japan continues to approve more cryptocurrency exchanges to legally operate in the country. The latest one was approved on Monday, bringing the total number of legal crypto exchanges in Japan to 23. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It First Approved Crypto…Read More

While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market valuation of eight different stablecoins combined is well over…Read More

Anyone venturing into the digital currency scene understands the significance of performing analyses to evaluate potential gains. Security breaches and hacking are a constant risk when it comes to the realm of cryptocurrencies. Nevertheless, the level of security and protection offered by the trading platform chosen is often overlooked. Consequently, this oversight has so far…Read More

On Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds ($3,200). The CBE cited concerns over the covid-19 outbreak and…Read More

In 44 days, BTC miners will face the third reward halving as the block subsidy will soon shrink from 12.5 to 6.25 coins per block. Following the market carnage in mid-March, BTC’s hashrate plummeted 44% to a 2020 low of 75 exahash per second (EH/s). Since then the hashrate has climbed back above 100EH/s, but…Read More

The International Monetary Fund (IMF) has declared that we have entered a global recession — one that is as bad as or worse than the previous global financial crisis. 80 countries have already requested emergency assistance from the IMF. Meanwhile, the G20 has reported fiscal measures totaling some 5 trillion dollars or over 6% of…Read More

Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours. As the global economy falters and the halving approaches, people are uncertain about the future price of bitcoin as “safe-haven” theories have…Read More