News

Reports on China shutting down bank accounts for individual Bitcoin traders and OTC firms are unfounded and untrue, a local investigation found this week. Dispelling FUD China Times said Wednesday the country’s national and central banks were not closing any Bitcoin or cryptocurrency linked accounts, despite widespread media reports of the contrary.  Private firms like […]

The world’s two largest cryptocurrency protocols are showing great promise in terms of network activity and inclusivity. While Bitcoin’s transaction fees fell to pre-halving levels, Ethereum GAS usage surged as DeFi activity increased in the past month, reaching an all-time high level.  Bitcoin transactions made cheaper Transaction fees are below $1 on the Bitcoin network, […]

South Korean efforts to launch a native digital currency are speeding up as China’s digital yuan continues to be extensively tested across the country. Last month, Korea acknowledged it was “concerned” by Chinese influence in the blockchain and digital currency space, vowing to increase research efforts by dedicating hundreds of millions of dollars towards the […]

Save for a few hours of price action deviation here and there, Bitcoin has effectively traded in a $1,500 range for nearly two months. That’s to say that bulls and bears are caught in an endless tug-of-war, with both sides failing to establish a trend. But according to a crypto fund manager, a breakout is […]

The overall state of the Bitcoin network degraded again this past week, with the latest slide primarily being driven by waning sentiment amongst the cryptocurrency’s retail traders. The benchmark digital asset has also seen a decline in its liquidity over the past week, although measures of its network health have shown positive growth. It doesn’t […]

It’s been a frenzy for both Bitcoin and the stock market over recent months. After March’s capitulation, which sent equities plummeting lower by around 40 percent and cryptocurrencies by around 70 percent, global financial markets have exhibited an extremely strong bounce. The optimism seen in markets seems to be tied to the fact that the […]

Ethereum has seen an evolution in it is utility throughout the past several years. In 2017, the cryptocurrency’s tremendous growth was driven by the ICO crazy, with token issuance on the blockchain igniting massive demand for ETH while also onboarding notable usership. This trend persisted in 2018, only beginning to falter mid-way through the year […]

The world’s billionaires and influential businessmen are increasingly speaking on Bitcoin as a hedge and investment while calling out the excessive money printing in the U.S. and uncertainty in financial markets. The latest to tout Bitcoin is media magnate Steve Forbes, chairman and editor-in-chief of Forbes Inc. He believes the currency helps stabilize the government-controlled […]

A recently-launched project is now utilizing Chainlink to power golf games, building on the latter’s verifiable randomness function (VRF) that brings fair, “truly random” results on online games. VRF, in simple words, brings true randomness to blockchain-based applications that rely on picking winners or generating random outputs for users. The framework lets developers easily access […]

Scheduled to take place from Jun. 18 to Jun. 19, the BlockDown virtual conference will feature some of the most prominent voices in the crypto industry. After a successful conference in April, the company decided to reuse the popular virtual summit format in the upcoming event, where regulation and compliance in the blockchain industry will […]