Bitcoin's (BTC) price volatility spiked in January and could further increase over the near term because “whales” have surfaced.The cryptocurrency’s annualized volatility grew roughly eight percentage points in January to a three-month high of 58.2 percent, according to Kraken’s monthly report. Volatility rose as bitcoin’s price rallied from lows...
An old debate is resurfacing in the bitcoin developer community, underscoring one of the critical challenges facing decentralized systems: how to update the software when ostensibly no one's in charge. The catalyst this time is called Taproot/Schnorr, a years-in-the-making privacy and scaling upgrade that's seen exciting progress recently,...
SEC Commissioner Hester Peirce wants to give token projects three years to adequately decentralize their networks before worrying about securities laws. Industry participants believe some kind of so-called “safe harbor” is necessary, and praise Peirce’s proposal for providing a reasonable plan for creating one. Questions remain, including how...
SEC Commissioner Hester Peirce wants to give token projects three years to adequately decentralize their networks before worrying about securities laws. Industry participants believe some kind of so-called “safe harbor” is necessary, and praise Peirce’s proposal for providing a reasonable plan for creating one. Questions remain, including how...
I first met Erik Voorhees in Amsterdam, back in the summer of 2018, while covering a fintech conference called Money20/20. The conference was a circus. (Literally a circus, complete with trapezes artists, mimes, and a unicyclist.) The panels focused on stuff like artificial intelligence, biometrics at the cash...
The Central Bank of Russia (CBR) has formally proposed a legal framework for tokenization, but also plans to label cryptocurrency transactions as suspicious action, it claimed in a press launch Monday.The CBR declared it experienced productively piloted a platform that makes it possible for customers to tokenize belongings,...
China is getting a wonderful leap forward to establish a central lender electronic forex, with additional than 80 patents filed by the People’s Bank very last 7 days.The 84 patents filed on Feb. 13 contain proposals related to the source and issuance of a central lender electronic currencies...
FCoin, a crypto exchange that adopted the controversial "trans-payment mining" design, has paused investing and withdrawal as it reveals a lack of crypto assets worthy of up to $130 million.Zhang Jian, the former Huobi CTO who released FCoin in Could 2018, wrote a prolonged post on Monday, saying...
Blockchain startup Conflux has employed Eden Dhaliwal, the former head of crypto at Outlier Ventures, as a taking care of director to direct its expansion in North The us. The Beijing-primarily based organization is established to open up an office environment in Toronto inside two weeks. It is assembling...
Bitcoin miner maker MicroBT has quickly expanded market place share by offering about 50 percent a million units in 2019, chipping away at rival Bitmain's dominance.MicroBT sold about 600,000 units of its flagship WhatsMiner M20 sequence last year, Vincent Zhang, income head of the Shenzhen-dependent company, explained in...