Blockchain Financial News
06.12 / 10:23
Blockchain
Bill
'Crypto bill can take India to the forefront of blockchain tech'
crypto exchanges have said that while India’s messaging on cryptocurrencies has so far been mixed, the proposed bill likely to be introduced in the winter session of parliament gives New Delhi a chance to bring in a progressive regulatory framework that could propel the country to the forefront of blockchain technology.
06.12 / 10:21
Blockchain
COST
Ethereum
Platform
Magic Eden surpasses behemoth OpenSea in daily transactions despite half the users
Ethereum boasts of being the home and origin of all big blue-chip NFT collections. Although, this fast-paced industry competitor blockchains like Solana are not far behind. In fact, it has turned out to be a perfect host for NFT collectors and creators alike. The marketplace boasts super-fast transactions and minimal gas fees.
06.12 / 04:21
Blockchain
Provident
Pool
Interface
Despite stagnant prices, Cardano reaches the 1 million wallets staked milestone
Cardano‘s DeFi ecosystem is slowly starting to take shape, thanks to the network’s Alonzo hard fork earlier this year. The hard fork paved the way for smart contract integration. In fact, its first decentralized exchange, SundaeSwap is all set for its testnet launch later today. These developments have led to an increased interest in Cardano, and the holders of its native tokens ADA are reaping the benefits.
06.12 / 00:33
Blockchain
Binance
CEO
regulatory
Despite regulatory woes, Binance aims to become registered crypto firm in the U.K
Binance, the world’s largest crypto exchange by trade volume has faced heat from regulators worldwide. Different regulators including U.K’s Financial Conduct Authority (FCA).
05.12 / 22:17
Blockchain
Lowe's
Waters
Why investors need to pay heed to this new top-100 entrant
Crypto-rankings are seldom static. They keep fluctuating to keep pace with the changing market dynamics. Now, a few coins have already managed to create a niche and have held on to particular levels. Others, on the contrary, find it an everyday struggle to retain their respective positions.
05.12 / 21:39
Blockchain
Technology
Adoption
data
NOT
Browser cookies are not consent: The new path to privacy after EU data regulation fail
The endless cookie settings that pop up for every website feel a bit like prank compliance by an internet hell-bent on not changing. It is very annoying. And it feels a little bit like revenge on regulators by the data markets, giving the General Data Protection Regulation (GDPR) a bad name and so that it might seem like political bureaucrats have, once again, clumsily interfered with the otherwise smooth progress of innovation.
05.12 / 19:45
Blockchain
proof-of-work
Consensus
Bitcoin
Mind
Inside the blockchain developer’s mind: Blockchain consensus, Part 1
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key issues they intend to solve and outlined three of the “crises” that are holding back blockchain adoption: upgradeability, scalability, and governance.
05.12 / 18:33
Blockchain
Aware
Platform
CoinMarketCap
VLaunch Sets New Launch Date Among CoinMarketCap Pre-Listing
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
05.12 / 10:19
Blockchain
Ethereum
Charity
Bitcoin
Time
It’s time for the philanthropic sector to embrace digital currencies
The amount of cryptocurrencies on the market has skyrocketed from 500 in 2014 to nearly 7,000 only seven years later in October 2021. A reported 14% of people in the United States — which roughly equals 21.2 million people — have purchased some form of cryptocurrency, with more than 300 million crypto owners estimated worldwide.
05.12 / 09:33
Blockchain
Digital
Blockchain technology
Mukesh Ambani Backs Blockchain Technology. Find Out Why
Reliance Industries chairman Mukesh Ambani has backed the proposed cryptocurrency bill
05.12 / 07:17
Blockchain
Hackers
Bitcoin
Exploit
Bitmart hacked for $200M following Ethereum, Binance Smart Chain exploit
Crypto exchange Bitmart lost nearly $200 million in a hot wallet compromise hosted over the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains.
04.12 / 22:53
Blockchain
Ripple
SEC
Ripple, SEC back in the ring, due to a Court of Appeals decision in a separate lawsuit
Those following the SEC vs Ripple Labs lawsuit might have expected radio silence for the rest of the year, after the court pushed the discovery deadline to 14 January 2022. However, a new development in early December has caused a splash. Now, it seems that both the SEC and Ripple will need to take action.
04.12 / 21:37
Government
Blockchain
Law
Things to know (and fear) about new IRS crypto tax reporting
The Infrastructure Investment and Jobs Act (H.R. 3684) put crypto in the crosshairs, where Congress and the Internal Revenue Service (IRS) hope to scoop up enormous tax dollars.
04.12 / 19:35
Blockchain
Ethereum
Stablecoin
Bitcoin
Blockchains need to move toward standards for interoperable asset transfers
Cross-chain asset transfer has been around for several years. The concept developed almost as soon as multiple blockchains were developed and began to gain adoption.
04.12 / 15:59
Blockchain
Ethereum
Starbucks
Bitcoin
Paying with Bitcoin: These are the major companies that accept crypto as payment
Cryptocurrencies are never far from the headlines these days. If it’s not news that the value of Bitcoin has reached a record high of $60,000 (€50,500) for the first time, it’s news that Tesla founder Elon Musk is investing billions in it.
04.12 / 15:19
business
Blockchain
Technology
Investments
Terra Luna
Without staking, institutional crypto investors cannot escape inflation
By 2021, proof-of-stake (PoS) anchored itself as the consensus mechanism of choice for new and innovative blockchains. Ethereum 2.0, Cardano, Solana, Polkadot, Terra Luna — five out of the top 10 base layer blockchains run on PoS. It’s easy to see why PoS blockchains are popular: The ability to put tokens to work — verifying transactions and earning a reward in the process — allows investors to earn a passive yield while improving the security of the blockchain network they’d invested in.
04.12 / 14:59
Blockchain
UPS
Provident
Digital
NFT Project Dragos Builds Properly For Long-Term Success
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
04.12 / 13:15
Blockchain
Technology
Art
Adoption
2021 ends with a question: Are NFTs here to stay?
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.
04.12 / 11:55
Blockchain
Congress
Bitcoin
hearing
FTX releases crypto regulation proposals before US congressional hearing
Bahamian-based cryptocurrency exchange FTX released a list of principles and proposals to help policymakers build the regulatory framework. The policy recommends the market-structure choices made by several leading crypto exchanges and suggests its implementation across all jurisdictions.
04.12 / 11:03
Blockchain
Ethereum
cryptocurrency
Bitcoin
Bitcoin tumbles 5.5% to $53,436
Bitcoin plunged 5.5% to $53,435.9 at 22:04 GMT on Friday, losing $3,112.06 from its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is down 22.6% from the year's high of $69,000 on Nov. 10.Ether, the coin linked to the ethereum blockchain network, dropped 6.81% to $4,208.68 on Friday, losing $307.35 from its previous close.
04.12 / 10:13
Blockchain
Adoption
Bitcoin
El Salvador stacks 150 Bitcoin after BTC price crashes below $50k
The Republic of El Salvador has procured 150 Bitcoin (BTC) amid the biggest bear market since Bitcoin attained an all-time high of nearly $68,000 back in the first week of November.
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