[ad_2][ad_1] Cash App generated over $ 1 billion in bitcoin revenue in the third quarter. Vitalik Buterin sent 3,200 ETH to the Ethereum 2.0 deposit agreement. Google search data shows little “FOMO” in the current bull market. Upper shelf District of monstersCash App, Square’s mobile payment service (led by Twitter …
Read More »Blockchain Bites: Bitcoin at $ 15K, $ 1B by Silk Road Bust
[ad_2][ad_1] Bitcoin’s price continues to rise amid electoral uncertainty. Wasabi Wallet will offer automatic CoinJoins that preserve privacy in its next update. A major Russian energy supplier is entering a bitcoin mining joint venture. Upper shelf Confiscation of $ 1 billion of BTCThe US government is suing for the confiscation …
Read More »Blockchain Bites: Ethereum 2.0 Deposit Agreement Goes Active as ETH Miners’ Revenue Declines
[ad_2][ad_1] Predictive markets rolled with the vote count in the United States. Two other encrypted payment cards are planned on the market. Nearly $ 1 billion of BTC was transferred from a long-dormant wallet potentially linked to the closed Silk Road exchange. Upper shelf The episode beginsThe Ethereum 2.0 deposit …
Read More »Blockchain Bites: Digital Yuan’s 4M Transactions, Bitcoin’s 33-Month High, Second Governance Vote by Uniswap
[ad_2][ad_1] October saw the total value locked in all DeFi protocols close below the initial month value for the first time. Square Crypto sponsors a bitcoin wallet designer. A new civil lawsuit claims that BitMEX executives were plundering profits. At stake DeFi contractionIn the last week of October, the DeFi …
Read More »Blockchain Bites: Ripple’s MoneyGram Pump, OKEx’s Bitcoin Cash Plan, Bitcoin’s Birthday
[ad_2][ad_1] Ripple invested over $ 50 million in remittance company MoneyGram over the course of the business relationship between the companies. Forbes released an investigation detailing the Byzantine corporate structure Binance may have created to avoid US regulations. Ether grew as a share of Genesis Capital’s total loans. Upper shelf …
Read More »Blockchain Bites: the Slim Margins of the Bitcoin Miners, the latest CBDC pilot of ConsenSys, the Power Hire of a16z
[ad_2][ad_1] Bitcoin’s hashrate is skyrocketing. Ethereum Incubator ConsenSys has signed up for another CBDC pilot project. JPMorgan unveiled a revamped interbank transfer blockchain network that could challenge SWIFT. Upper shelf Lower profitsProfitability of bitcoin mining is at an all-time low in 2020, spurred in part by new ASIC mining machinery …
Read More »Blockchain Bites: JPM Coin Goes Live, Bitcoin Rallies, Stocks Waver
[ad_2][ad_1] JPM Coin will see its first commercial use, bank executives said. Southeast Asia’s largest asset bank, DBS, is considering a digital asset exchange. And the recent rise in bitcoin shows a decoupling from traditional markets, such as the S&P 500. Upper shelf JPM CoinJPM Coin, the business-oriented digital asset …
Read More »Blockchain Bites: DeFi’s Harvest Hit, IRS ‘Crypto Clarification, Buoyant Bitcoin Note by JPMorgan
[ad_2][ad_1] The IRS has cleared up some questions about cryptocurrency disclosure for the upcoming fiscal season. A popular DeFi application appears to have been attacked. JPMorgan analysts see “considerable” gains for bitcoin. Upper shelf Cryptographic GuideThe US Internal Revenue Service has made it clear that mere holding of cryptocurrencies does …
Read More »Blockchain Bites: China’s Tether Crackdown, CME’s Bustling Bitcoin Markets, Kin’s “ Active Development ”
[ad_2][ad_1] Chinese officials are cracking down on cable exchanges. The CME bitcoin futures exchange is heating up, signaling institutional interest. And Kik’s token kin will continue development after a $ 5 million SEC deal. Upper shelf Ripple, across the pondRipple CEO Brad Garlinghouse provided more information on the company’s possible …
Read More »Blockchain Bites: Filecoin Strike, Bitcoin Fees Fall, Coinbase Censorship
[ad_2][ad_1] Upper shelf Symbolic protestFive of Filecoin’s biggest miners, protecting that data storage network, went on strike, bringing attention to the project’s “unfair” economic model. According to a report by 8btc.com, miners are required to stake a significant amount of FIL tokens in order to start mining operations. But there …
Read More »