The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said the provincial parliament passed a bill allowing the KP government to use its own money to establish the …
The president of the European Central Bank (ECB), Christine Lagarde, has called for the global regulation of bitcoin. She said that bitcoin is a highly speculative asset and has “conducted some funny business.” Emphasizing the need for countries to work together to regulate bitcoin, she suggested that the crypto regulation could be “initiated by the G7, moved into the G20 …
The U.S. President-elect Joe Biden is set to name Gary Gensler as the new chairman of the U.S. Securities and Exchange Commission (SEC) to replace Elad Roisman. During Obama’s administration, Gensler led the U.S. Commodity Futures Trading Commission (CFTC) from 2009 to 2014. The Former Banker Became Part of Biden’s Transition Team in November According to Reuters’ two unnamed sources, …
There’s a new type of token gaining popularity in the crypto space with the launch of coins that are backed by a specific amount of proof-of-work (PoW) hashrate. On January 6, 2021, Binance launched a new project called the bitcoin standard hashrate token (BTCST), a coin that represents 0.1 terahash (TH/s). Furthermore, the mining operation Poolin has also revealed a …
The authorities in seven countries and Europol have jointly taken down Darkmarket, one of the largest darknet marketplaces. The action was taken after the marketplace’s alleged operator was arrested in Germany. Authorities Shut Down Darkmarket Europol announced Tuesday that darknet marketplace Darkmarket has been taken down. The announcement details: Darkmarket, the world’s largest illegal marketplace on the dark web, has …
A class-action lawsuit has reportedly been filed against a cryptocurrency scam that has duped many Indian investors. The scam, promoted in three Indian languages, lures investors by promising up to 900% return on investments. The Delhi court has directed a notice to be placed in major newspapers, seeking victims of this scam to come forward. Class-Action Lawsuit to Stop a …
Bitcoin logged its worst plunge since March in the previous three sessions, stoking concerns among traders that its overheated price rally is beginning to lose steam. The flagship cryptocurrency plunged 5.18 percent during the weekend and extended its correction by an additional 7.29 percent to $35,388 by 0916 GMT on Monday. At its intraday low, it was changing hands for …
According to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administration have made crypto proponents believe that bitcoin will prosper greatly. Biden Proposes to Finance Covid-19 Relief and Infrastructure With $3 Trillion Ever since the coronavirus outbreak took hold across …
Dan Larimer has left his position as CTO of Block.one, the software company responsible for developing EOS. Larimer made the announcement on Hive yesterday, saying he doesn’t know what he wants to do next. However, he did say that he remains committed to his mission of creating free-market solutions. “I am leaning toward building more censorship resistant technologies. I have …
Telos, a fully decentralized public blockchain network with more than 500,000 accounts, has announced a plan to bring liquidity and added value to the TLOS ecosystem: The Telos Uniswap Liquidity Implementation Plan (TULIP). Bridging the gap between the Telos and Ethereum communities while doubling down on its DeFi capabilities, Telos will issue an ERC-20 TLOS […]
CryptoNinjas » Telos (TLOS) to list on Uniswap following liquidity implementation plan
Staking pool protocol, Moonstake, today announced the support of staking Polkadot’s cryptocurrency DOT, one of the top 10 cryptocurrencies by market cap, in Moonstake’s Web Wallet. Moonstake also offers staking on Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, and Qtum. Polkadot is a blockchain protocol connecting multiple specialized blockchains into one unified network. Polkadot is the […]
CryptoNinjas » Moonstake adds staking support for Polkadot (DOT)
Wagerr, a permissionless blockchain-based sportsbook secured by a global decentralized network, this week successfully launched the web version of its sportsbook. The sportsbook app was previously only available as a downloadable version on desktop and mobile operating systems. With Instaswap and Uniswap integration, users can buy the native Wagerr (WGR) token to place bets. If […]
CryptoNinjas » Web app for blockchain-secured sportsbook Wagerr now live
Blockchain research and development company IOHK has announced the launch of a $500K fund, the next stage in ‘Project Catalyst’, part of the rollout of the Voltaire element of the Cardano roadmap. In ‘Fund 3’ community members can submit proposals for the future development of the Cardano blockchain and decide, through Catalyst’s novel ‘on-chain’ voting […]
CryptoNinjas » IOHK expands Cardano development fund with launch of new $500K round
Bank of America’s chief investment strategist sees “the mother of all bubbles” in bitcoin. He compared the cryptocurrency’s recent rally to other bubbles, emphasizing the “increasingly speculative” investing behavior of bitcoin. Bank of America Warns of Huge Bitcoin Bubble Bitcoin’s recent rally has worried a number of prominent financial analysts who warned of a huge bubble. Among them is Michael …
The price of bitcoin has dropped on Sunday losing more than 6% during the last 24 hours, but a myriad of other coins have seen significant gains in contrast. Cryptocurrencies like bitcoin cash, ethereum, and monero have all jumped in value while bitcoin has seen a decent drop. ** This post has been updated to reflect the recent bitcoin (BTC) …
In another twist to the Mirror Trading International (MTI) bitcoin Ponzi scam, the blockchain intelligence firm Whitestream says bitcoins from wallets associated with the company are being sent to Wasabi privacy mixers. According to Whitestream’s update, this pivot to mixers suggests that operators of the Ponzi are trying to obfuscate the movement of the bitcoins. Conspiracy to Hide Funds The …
