Advertisement
Home Cryptocurrency

Cryptocurrency

After months of power shortages leading to blackouts, brownouts, planned multi-hour electricity shutdowns and a blazing inferno at a power substation, citizens in Abkhazia are now set to be restricted in their internet activities as the government wages a confused war against crypto mining. After a series of seemingly mind-boggling...
In December, the United Nations has warned that “2021 is literally going to be catastrophic,” largely as a result of the coronavirus pandemic, not to mention underlying economic and development issues. Such forecasts are highly troubling, but until blockchain technology and cryptocurrency help increase and democratize financial inclusion on a...
Leading economists are suggesting that the world is heading for a sea change in terms of the way people use money – and think that cash’s days are numbered as digital forms of currency edge toward mainstream adoption. Per the Japan Times, Masashi Nakajima, a professor of Economics and Business...
After obtaining a license to operate in Malta, Polish company GamerHash is pursuing its international development plans, aiming to launch its token on one of the leading crypto exchanges in Asia, and establish operations in South Korea. The firm’s expansion to Malta allowed GamerHash to raise around USD 2.8m by...
After cooling down for a couple of days, the most popular cryptocurrency, bitcoin (BTC), accelerated its pre-Christmas rally and for the first time in its history hit the USD 24,000 level. As is usual this week, the top cryptoasset was outperformed by its smaller peers. At pixel time (17:16 UTC),...
While the national treasury of the US federal government is said to be on the brink of proposing a new transaction reporting rule, many in the Cryptoverse argue that it would not affect investors and/or that regulations concerning so-called "self-hosted" wallets are nonsensical. However, it might increase surveillance of...
The majority of the respondents surveyed by hashpower provider Genesis Mining remain bullish on bitcoin (BTC)'s long-term future, listing their reasons for believing so, including bitcoin adoption potential, security, and previous price rise. Also, nearly 20% of the participants said they're bearish on BTC's value, and these bears have...
Economists at the Federal Reserve, the United States’ central bank, have concluded that research into central bank digital currencies (CBDCs) fails to show that CBDCs are a silver bullet, leaving “many questions” to be answered – another hint that the Fed will not be rushed into the issuance of...
American President-elect Joe Biden could be set to unleash the regulatory hounds once he takes power in January – with an expert warning, “There will be a new sheriff in town, and they won't be friendly to business.” "When potential candidates start emerging, we are eager to hear whether...
Bitcoin (BTC) mining difficulty could revert to levels not seen since August – with a forecasted drop in difficulty of almost 15% on the cards, similarly to what BTC miners experienced after a market crash in March. Per BTC.com, a major mining pool, data, the next bi-weekly readjustment will take...