Can Bitcoin’s (BTC) blockchain handle full mainstream adoption as a store of value, without needing layer-two scaling solutions? Konstantin Richter, founder and CEO of blockchain infrastructure company Blockdaemon, seems to think so. “Bitcoin is the best cryptocurrency suited for store of value,” Richter told Cointelegraph, adding: “In terms of what the Bitcoin blockchain can currently handle from a latency and throughput […]

The Dubai Financial Services Authority (DFSA) revealed plans to introduce policies to regulate the cryptocurrency industry.  DFSA’s Crypto Regulation in the Works According to local news media The National on Tuesday (Jan.19, 2021) the DFSA, the financial regulator of the Dubai International Financial Centre (DIFC), a financial hub for the Middle East, Africa, and South Asia, is looking to regulate […]

Key Takeaways Compared to traditional finance, the crypto sector adds value by lowering costs and removing inefficiences. Nexo is a leading interest-earning platform that leverages these advantages for a massive audience. The platform offers double-digit interest rates, inexpensive loans, a lucrative token, and an easy-to-use Mastercard. The personal finance movement is booming. From high-interest savings accounts to lucrative travel rewards, […]

Owing to technological advancement, the world of gambling has seen a swift turnaround over the years. From stone-carved die in the medieval ages to online casinos today, a spontaneous course of evolution has undoubtedly taken gambling to new heights. The rate of active users on online casinos has increased in recent years due to technological advancement. Lower charges, authority bypass […]

19th January 2020, St Kitts & Nevis & Atlanta – The Foundation for Economic Education (FEE.org) announced today that Bitcoin.com founder and early cryptocurrency investor Roger Ver has made two gifts totaling $2,000,000 in Bitcoin Cash (BCH) to support FEE’s work in advancing individual liberty and educating students around the world on the moral and economic foundations of a free […]

The Russian cryptocurrency exchange Livecoin has shut down amid accusations that it has pulled an exit scam. Customers are unable to withdraw their funds and have been asked to provide extensive identifying information which they fear would lead to identity theft. The exchange claims that it was hacked in December. Livecoin Crypto Exchange Closes Down The Russian cryptocurrency exchange Livecoin […]

This is the second in a three-part series based on Gary Gensler’s extensive prior public statements on crypto. Here is part 1. A link to part 3 will appear here when it is published.  Gary Gensler will likely become chairman for the U.S. Securities and Exchange Commission, or SEC, in the coming days. A professor at the Massachusetts Institute of […]

The crypto-finance service provider tells Cointelegraph that its assets under management, or AUM, reached $530 million in 2020, representing a 275% increase from the previous year. Over 500 institutions have contributed to Amber’s suite of investment products, which includes fixed-income, yield enhancement and margin trading. Although institutions were the main driving force behind Amber’s initial growth, especially among financial managers, […]

As reported by The Times, Iran has pointed the finger at Bitcoin miners for causing the latest series of blackouts in several cities, including capital Tehran. One mine run by Chinese-Iranian miners in Rafsanjan apparently gobbled up 175 megawatt-hours of electricity. This is enough to power the average Western home for 17 years.  Tanavir, Iran’s state electricity firm, has responded […]