Tag: cointelegraph

Mar 24
Charles Hoskinson cheekily admits: ‘I was wrong’ about DApp rollout

Hoskinson made a bold prediction about Cardano two years ago that has yet to be fully realized, although the ecosystem has been on the up throughout 2022. 452 Total views 57 Total shares Co-founder of the Cardano blockchain Charles Hoskinson has cheekily admitted that his July 2020 forecast of the number of DApps coming to […]

Mar 23
US Bitcoin mining firm turns to harmful coal waste for cleaner energy

In a bid to make crypto mining more environmentally friendly, Stronghold Digital Mining is turning harmful waste from coal mining into clean energy to power Bitcoin miners. 3940 Total views 60 Total shares Stronghold Digital Mining (SDIG), a crypto mining company in Pennsylvania, is turning waste from old power plants into energy to power hundreds […]

Mar 23
Thailand SEC bans crypto payments, seeks disclosure of system failure from exchanges

Since December 2021, the government of Thailand has been working on preparing a new regulatory framework by defining “red lines” for the crypto industry. 2636 Total views 44 Total shares In an ongoing effort to carve out a regulated crypto market for the general public, the Thailand Securities and Exchange Commission (SEC) announced a ban […]

Mar 23
El Salvador postpones Bitcoin bonds to September: Report

Apart from delaying the issuance of Bitcoin bonds, the Salvadoran government has apparently slowed down the pace of buying new BTC as well. 2906 Total views 80 Total shares The government of El Salvador has reportedly decided to postpone the issue of a Bitcoin- (BTC)-backed bond due to the unfavorable market conditions fueled by the […]

Mar 23
Bitcoin dips 3.6% from weekly highs — What are the key BTC price levels to watch?

Bitcoin (BTC) threatened a significant retracement overnight into March 23 as weekly highs saw their first test. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC misses out on “very bullish” daily close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping from a peak of $43,337 to lows of $41,779 on Bitstamp before recovering. At […]

Mar 23
Marvel NFT partner Veve closes its marketplace after an in-app token exploit

Twitter users have complained that the exploit has resulted in a sharp decline in the price of their Digital collectibles over the past week. 1841 Total views 47 Total shares Veve, a nonfungible token (NFT) marketplace with licensed digital collectibles, faced an exploit on Tuesday, resulting in millions of gems (in-app tokens) being acquired illegally. […]

Mar 23
BIS joint pilot: Institutions can use CBDCs for international settlements

The experimental CBDC platform proved that the design approaches used to address three major issues of access, jurisdictional boundaries and governance were effective. 2636 Total views 41 Total shares Bank of International Settlement (BIS) Innovation Hub has completed an experimental central bank digital currency (CBDC) platform pilot for international settlement with the central banks of Australia, […]

Mar 23
Bitcoin hash rate may see ‘small capitulation’ with difficulty set for new all-time high

Bitcoin (BTC) set a new all-time high for hash rate last week, but opinions are divided as to whether the uptrend can continue. In a Twitter debate on March 21, Preston Pysh, host of The Investor‘s Podcast, eyed changing behavior in Bitcoin‘s hash ribbons metric for signs of a new hash rate “lull.” Questions over […]

Mar 22
OECD opens proposal on tax transparency framework for crypto to public comment

According to the OECD, the crypto market posed a “significant risk” around tax transparency, claiming that any gains will eventually be lost without additional safeguards. 740 Total views 20 Total shares The Organisation for Economic Cooperation and Development, or OECD, has suggested additional requirements on reporting crypto transactions and identifying users aimed at increasing transparency […]

Mar 22
Crypto.com becomes official sponsor of 2022 FIFA World Cup in Qatar

Though trading cryptocurrencies has been largely illegal in Qatar since 2018 , Crypto.com is likely to reach a more international crowd given the popularity of soccer on the world stage. 2150 Total views 520 Total shares FIFA, an international governing body for many major soccer tournaments, has announced that cryptocurrency exchange Crypto.com will be an […]