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Bitcoin (BTC) mainstream adoption is more about people using the underlying Bitcoin network rather than a bunch of wealthy investors and institutions coming in to hold the underlying asset, according to MIT Digital Currency Initiative Director Neha Narula. Narula and Lightning Labs CEO Elizabeth Stark were discussing Bitcoin and the...
Russian companies remain optimistic about their plans to tokenize the mining and extraction of oil, gas and other natural resources, including precious metals – despite lingering concerns about legislation and regulatory hurdles. As previously reported, Russia may be sliding toward a crypto crackdown – with a new draft bill proposing...
Atomic Loans, a provider of non-custodial bitcoin (BTC)-backed loans, has had a “great start” with their borrowing service, while the lending side of the protocol is expected to go live on mainnet in two months, Co-Founder and Chief Technology Officer (CTO) Matthew Black told Cryptonews.com. The Atomic Loans protocol enables...
The crypto space needs to acknowledge and adjust to the reality that finance is no longer as important as it was in the last decade, and embrace the current shift from crypto as finance to include crypto as decentralized entities as well, Ethereum (ETH) co-founder Vitalik Buterin stated, triggering...
The South Korean government could introduce capital gains tax on crypto earnings – and may unveil its proposals as early as next month. Per a report from Digital Today, the South Korean Ministry of Economy and Finance is seriously considering imposing the same sort of tax rules on crypto earnings...
A smartphone created by South Korean mobile carrier SK Telecom, in conjunction with Samsung, is the world's first 5G handset, say its makers, who also claim the new device is equipped with a blockchain-powered authentication feature. Per the carrier, the new device is named the Galaxy A Quantum, and is...
Though Etherem (ETH) has a "credible claim as money" within the Cryptosphere, stablecoins rise as its challengers, according to crypto market analysis firm Coin Metrics. That said, the growth of stablecoin is a good thing for Ethereum, at least for now. (Updated at 15:13 UTC: updates in bold.) As reported,...
The move from fiat currencies to new central bank digital currencies appears to be gaining traction, as one of Europe’s biggest central banks admitted that (unspecified) parts of Bitcoin’s underlying technology could be used in creating a new type of currency. The paper, which was written by the Dutch National...
The courts, not the lawmakers, will likely be the ones that'll make "new sources of law" for the crypto industry within the next couple of years, according to Marco Santori, the recently appointed Chief Legal Officer (CLO) at major crypto exchange Kraken. Stating that cypto companies got "serious about their...
After a historic crash in March and partial recovery, Bitcoin (BTC) mining difficulty is set to see its biggest jump since mid-September last year, threatening to push more miners out of the market less than three weeks before the BTC mining reward halving. Another mining difficulty adjustment is expected to...