Month: September 2022

Is Bitcoin Mining Still Profitable?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The price of BTC has dropped dramatically so is mining #Bitcoin still profitable? Real Vision’s crypto editor Ash Bennington talks to the CEO of Miningstore, JohnPaul Baric about how the mining industry has been impacted. MiningStore is one of the longest large-scale crypto miners and they are serious builders who support the Bitcoin ecosystem by bringing mining to the masses. This is a conversation for everything you wanted to know about mining but were afraid to ask. Recorded on 14th June. #bitcoinmining…

DID you see what Africa is doing with Web3?

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If you’ve spent any time reading about blockchain and Web3, you know that this industry is filled with big buzzwords and half-baked concepts. But, concepts such as decentralized identity services, or DIDs, bring real meaning and utility to Web3. If you haven’t yet wrapped your mind around DID, it refers to a self-owned, independent identity that enables trusted data exchange. In other words, it puts digital identity management and administration directly in your hands instead of some third party’s.  In this week’s Crypto Biz, we take a look at a…

Crypto Exchange Coinbase Sued Over Patent Infringement

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Algorand Undermines Crypto Bloodbath, Adds Over 27% In A Week

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This week has been eventful in the crypto market. Many cryptocurrencies have recorded massive losses since Monday, September 19. The Merge on September 15 kickstarted another downtrend for crypto prices. Afterward, CPI data made the feds hike the interest rate by 75 basis points, sending assets price downwards.  Related Reading: Bitcoin aSOPR Profit-Loss Junction Continues To Act As Resistance But as these macroeconomic factors push many digital assets down, others resist the pressure and move forward instead.  Algorand ALGO is one of these assets, recording price gains in its 24…

Crypto Is Capitol Hill’s Last ‘Bipartisan Issue,’ Coinbase Exec Says

Shirzad said there is “little dispute about the importance of having regulation,” both from progressive and conservative lawmakers, but the issue of which U.S. agency should be charged with regulating the cash market, and having oversight over crypto exchanges, including Coinbase (COIN), is still up in the air. In the past, The SEC has cracked down on the exchange for allegedly marketing its tokens in a manner that would deem them as securities. Source

Moscow Exchange drafting bill on digital financial assets and securities trading: Report

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The Moscow Exchange (MOEX) is drafting a bill to allow trading in digital financial assets (DFAs) and securities based on them, according to a report in the Russian press. The stock exchange is writing the bill on the behalf of the Russian Central Bank, which does not have the power to introduce legislation, Vedomosti newspaper reported on Thursday.  Speaking at a banking conference, MOEX supervisory board chair Sergei Shvetsov said the bill in preparation foresees trading in both DFAs and DFA certificates that would trade like securities. “The exchange and its…

Estamos en el mercado bajista más importante en la historia de las criptomonedas

Y lo que es más importante, los degens y las ballenas son especuladores y proveedores de liquidez, no “usuarios” propiamente dichos. Para lograr reducir la ciclicidad del mercado, los proyectos de criptomonedas necesitan encontrar casos de uso reales que puedan vencer a los servicios existentes. Por ahora, los casos evidentes todavía son bastante limitados: pagos entre países (principalmente significativos para BTC), NFTs (principalmente significativos para ETH) y, en menor medida, los juegos, donde existe un enorme mercado pero las ventajas reales de las criptomonedas son un poco menos obvias. Source

Tether Reveals USDT Stablecoin Is Now Supported by Polkadot – News Bitcoin News

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Tether is now live on 15 different blockchain networks, according to the company’s latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The stablecoin’s new support follows the token being added to the Near Protocol 11 days ago. The news further follows Tether being ordered by a New York judge to produce financial documents last Tuesday. Polkadot Blockchain Ecosystem Adds Tether Just recently Tether Operations Limited announced that it was added to the Near Protocol on September 12 and 11 days…

Crypto Market Crash Badly 🚨 Don't Sell Your Coin | Bitcoin To 20k Or Not | CryptoPattiee

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto Market Crash Badly 🚨 Don’t Sell Your Coin | Bitcoin To 20k Or Not | CryptoPattiee #cryptocurrency #crypto #cryptocrash #cryptocrashtoday #cryptopattiee #cryptonews Bitcoin crash today Bitcoin free fall crash today bad news Bitcoin crash Bitcoin latest news today Bitcoin latest updates Bitcoin latest news Bitcoin crash hard Bitcoin break support zone Bitcoin break latest cryptocurrency news Crypto Market Crash hard Crypto Market Crash Badly 🚨 Don’t Sell Your Coin | Bitcoin To 20k Or Not | CryptoPattiee Free Telegram Group For…

Tornado Cash saga left a void, says Chainalysis chief scientist: Finance Redefined

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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Chainalysis chief scientist shared his views on the Tornado Cash saga and said that the incident has left a void for illicit fund mixing services, but the real impact of the sanctions could be determined in the long run. The staking ecosystem of Ethereum post Merge could have a significant impact on the crypto economy, according to a new report. Institutional lending platform Mapple…