A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago. Moreover, the most valuable cryptocurrencies in terms of U.S. dollars per unit have also changed, and the top ten most expensive coins have shifted. The following is a look at…
Month: January 2022
Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing
On Jan. 20, the Oversight and Investigations subcommittee of the U.S. Congress House Energy and Commerce Committee convened a hearing to investigate the environmental effects of cryptocurrency mining. Despite the narrow focus, the conversation that ensued – which many industry experts appraised as a meaningful educational experience for the lawmakers – touched upon a range of blockchain-related issues and themes…
How Switzerland’s Role in Global Finance Is Evolving With The Crypto Era
Since the eighteenth century, Switzerland has been synonymous with private wealth management and banking, thanks to its history of neutrality, anonymized numbered bank accounts and secure vaults. Those vaults used to be filled with gold bars and banknotes; estimates put the value of the private fortunes sitting in Swiss banks’ vaults at around $2,500 billion, around a third of all…
Nearly $1.5M in Ethereum Still Missing From Multichain Crypto Hack
A white-hat hacker has returned 322 Ethereum (around $900,000) after an exploit drained Multichain users of more than $3 million worth of crypto this week. Up to $1.5 million worth of Ethereum is still at large, however. Multichain is a cross-chain router protocol that bridges users between thirty different blockchains, including Bitcoin, Ethereum, and Terra. This week’s critical vulnerability appears…
Boston nurse fired for nudes on OnlyFans launches crypto porn app – Cointelegraph Magazine
Former Boston ICU nurse Allie Rae made international news in August last year after she was fired for running an extremely naughty Only Fans account on the side. The story appeared everywhere from the NY Post, to CNN, The Daily Beast — and she even made an appearance on Dr Phil. The resulting publicity saw fans subscribing in droves and…
Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers – Finance Bitcoin News
The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are of particular interest as the regulator believes these carry risks of financial losses and fraud. Central Bank Asks Russian Banks for Details on Crypto-Related Transactions In late December, the Central Bank of…
Crypto Twitter responds to Bitcoin dump: ‘ok cool’
Bitcoin (BTC) has dumped below 40,000, wiping out almost $50 billion from the crypto market cap. Even without any particular news to blame, Crypto Twitter still won’t let the dump slide without reacting in its own colorful ways. Lark Davis, a crypto figure with almost a million Twitter followers asked his audience: “Are you buying anything on this dip? Or…
CasperLabs to become blockchain of choice for the City of Fuzhou, China
On Friday, CasperLabs, a blockchain software firm, announced a partnership with China’s Blockchain-based Service Network, or BSN. Through the agreement, which has been minted as a nonfungible token, or NFT, as a sign of commemoration, Casper Network will be added as the blockchain of choice to the Fuzhou City Chain for use in public and private crypto infrastructure developments in…
Hoo AMM Pool Launched, New Access to Increase User Yields – Press release Bitcoin News
press release PRESS RELEASE. According to Hoo users who participated in AMM (Automated Market Maker) test, each liquidity pool of Hoo has listed quantitative data, such as total liquidity, 24H transaction fee, 1 day and 7 days annualized return for users’ reference. Compared to on-chain DEX providing liquidity such as Uniswap, users can operate at the Hoo website without consuming…
Nations to adopt Bitcoin, crypto users to reach 1B by 2023: Report
There’s a beacon of hope for battered Bitcoin (BTC) bulls. A promising report from Crypto.com predicts that global crypto users could reach one billion by the end of 2022. The report reaches the conclusion that a combo of developing nations copying El Salvador’s orange-pilled example and a “friendlier stance” towards the crypto industry means that “Nations can no longer afford…