Crypto

Cryptoverse: Gold coins glimmer amid the global gloom. April 19 (Reuters) – A fledgling class of crypto that feasts on risk is outshining a wider market paralyzed by war and inflation. Coins backed by gold are newer variants of “stablecoins”, which are typically pegged to the dollar to tame volatility. The largest, Pax Gold or PAXG , has jumped 7.4% …

Bitcoin 2022 Miami. There will be the world’s largest Bitcoin conference taking place in Miami Beach this week from April 6th to 9th. This includes the introduction of Ethereum and El Salvador’s President Nayib Bukele’s revelation that he intends to legalize Bitcoin. Here’s a glimpse of what’s to come at this week’s Bitcoin 2022 Miami conference.   Industry Day: Executives, …

Greenpeace called for the Proof-of-Work blockchain to be abandoned. Greenpeace’s “Change the Code, Not the Climate” initiative urges exchanges, miners and billionaires to implement a “basic code change” that would move Bitcoin’s blockchain to Proof-of-Stake. By: Connor Sephton A controversial campaign that calls for Bitcoin to abandon its Proof-of-Work consensus mechanism — and the people behind it — have been …

One of the largest crypto heists ever saw hackers steal almost $600 million Ronin Network says thieves took Ether, USDC tokens on March 23 Bridge hacks can threaten the ecosystem of decentralized apps By: Olga Kharif Hackers stole about $600 million from a blockchain network connected to the popular Axie Infinity online game in one of the biggest crypto attacks …

Bitcoin back to Positive Territory For The Year pushed it past a key level of $45,000. The token soared as high as $47,583 in early Hong Kong trade, far above the $35,000-to-$45,000 area where it’s been trapped since early January. With the recent gains. Bitcoin is currently up roughly 1.2 percent for the year, compared with a 4.7 percent fall …

EU Crypto Law, EU Crypto Law, Next 24 Hours Could be Crucial as Officials Debate Emissions, DeFi, NFTs. Lawmakers will make a final call on banning Bitcoin-style validation and consider how to treat decentralized finance. The next 24 hours could prove crucial in determining how the European Union (EU) will regulate cryptocurrencies. As the European Parliament moves towards finalizing its position …

Malaysia Rules Out Adopting Cryptocurrency as Legal Tender. Malaysia has no intention of recognizing cryptocurrencies as legal tender, Deputy Finance Minister I Mohd Shahar Abdullah said in parliament on Thursday. “Cryptocurrencies like Bitcoin are not suitable for use as a payment instrument due to various limitations,” which include price swings and exposure to cyber threats, he said. His comments come …

Thailand bans use of cryptocurrencies as a method of payment. BANGKOK (March 23): Thailand will bar the use of cryptocurrencies as a means of payments for goods and services, saying the wider use of digital assets threatens the nation’s financial system and economy. Business operators — including crypto exchanges — must not provide such payment services, and are barred from …

Bitcoin Prediction 2022 Update | The Withdrawal Symptom — March 2022 Update from Trading Cocktail. This is the update from our the early January 2022 prediction which is proved to be a half way correct one so far. We try to put our fundamental compilation and predict where bitcoin will be headed next. We are adding several core fundamental point …

Bitcoin and Environment. Can you love Bitcoin and the environment at the same time? No, you cant. So-called miners, whose high-powered computers work around the clock to execute transactions for the world’s most popular cryptocurrency, are crucial to its success. Environmentalists, governments, and other large energy consumers are alarmed by its rapid growth in energy usage. Billionaire Elon Musk will …