Alex Gladstein, the CSO at the Human Rights Foundation, says that if Bitcoin was adopted as a global reserve currency, nation-states would be less incentivized to start wars. According to Gladstein, the U.S. was able to sustain its “forever wars” in Iraq and Afghanistan mainly by borrowing capital. That was possible largely because of the Federal Reserve’s monetary policy, which…
The Financial Conduct Authority, the United Kingdom’s financial regulator, has extended the temporary registration status of some firms offering crypto services beyond its March 31 deadline. In a Tuesday statement, the FCA said “a small number of firms” in the crypto space will continue to have temporary registration status in the U.K. “where it is strictly necessary.” The financial regulator…
Bitcoin (BTC) sentiment is seeing its first significant test of the rally to year-to-date highs as bullish gains dry up. The start of Wall Street trading on March 30 failed to induce a fresh advance on BTC/USD, which threatened to lose support at $47,000. From “extreme fear” to “greed” in one week After gaining nearly 30% since March 14, Bitcoin…
In brief Helium Inc., the original creator of the Helium decentralized wireless network, is now valued at $1.2 billion after a $200 million round. The firm will be known as Nova Labs going forward to help differentiate the team from the community-run, crypto-powered network. Helium provides a unique use case for crypto tokens as a decentralized wireless network powered by…
It’s no secret that China has a clear disdain for all things crypto, as was highlighted last year when the country decided to ban its digital asset industry in its entirety. That said, one niche related to the crypto industry that has continued to thrive in the region despite the ban is its nonfungible token (NFT) market. However, with certain…
During the last month, Bitcoin’s hashrate has been coasting along above the 200 exahash per second (EH/s) zone, minus a number of drops here and there above and below that range. Following two difficulty changes that saw the difficulty decrease by 1.84%, the network’s difficulty is expected to increase 4.24% within the next 13 hours. Bitcoin’s Difficulty Expected to Reach…
Decentralized finance (DeFi) refers to blockchain applications that cut out middlemen from financial products and services like loans, savings, and swaps. While DeFi comes with high rewards, it also carries plenty of risks. Since just about anyone can spin up a DeFi protocol and write some smart contracts, flaws in the code are common. And in DeFi, there are many…
We’re thrilled to announce that Kraken now supports Alchemix (ALCX), Barnbridge (BOND), Jasmy (JASMY), Mask Network (MASK), Render (RNDR), Spell Token (SPELL), Tribe (TRIBE) and Universal Market Access (UMA)! Funding and Trading Funding is live, and trading will begin on April 1 at approximately 14:30 UTC. Keep an eye on the status page for updates. You can add these tokens…
Solana (SOL) continued its two-week uptrend on March 30, rising in part owing to its integration with OpenSea, the world’s biggest nonfungible token (NFT) by volume. SOL price rises to multi-week highs SOL’s price gained 4.5% in the past 24 hours to around $117 per token, its best level since Feb. 11, 2022. The coin’s latest move upside pushed its two-week paper…
After more than a year, the Cointelegraph-powered cryptocurrency conference BlockShow is returning — this time with an opportunity for participants to join as members of a decentralized autonomous organization. BlockShow DAO’s conference aims to allow attendees to own a stake in the show and participate in organizing events, whether they’re a large sponsor or someone joining for the first time.…
