Social media giant Facebook's subsidiary Novi Financial has retained the right to share the information of Libra users with the third parties, with users' consent, and in certain cases - "without further notice."
As reported, in May, Facebook rebranded its Calibra subsidiary, responsible for the Libra project, saying that the first product Novi Financial will
Vitalik Buterin. Source: a screenshot, YouTube/ETHWORLD.
Vitalik Buterin, Co-founder of Ethereum (ETH), reiterated that rollups are the way to go when it comes to the network's scaling issue. They'll likely be the main solution for at least two years, he suggested.
As is all too well known, terms 'Ethereum' and 'scalling' are far from strangers, given that they've been a topic of discussion for
May's mixed bag turned into a June's red one - at least for the top 10 coins by market capitalization. Only one has seen a rise in its price in the month of June. Nonetheless, for the coins outside of the top 10 list, the picture is not as drastic. Though many saw a drop in their prices, many others appreciated. The situation is also a lot greener when observing the coins in
IOTA (MIOTA) has announced the release of Pollen, the first phase towards IOTA 2.0, its decentralized network that is expected to arrive in the first half of the next year.
IOTA is continuing its path towards the so-called 'Coordicide' - the death (that is, the removal) of the Coordinator, which is a node run by the IOTA Foundation for network protection and transaction
The introduction of central bank digital currencies (CBDCs) could potentially lead to central bank expanding its footprint on the financial system, according to Economic Adviser and Head of Research at the "central bank of central banks," the Bank for International Settlements (BIS). It is likely that CBDCs will change the relationship between central banks and
Bitcoin (BTC) mining difficulty is estimated to adjust tomorrow, offering a small change to miners following the highest adjustment in two years recorded two weeks ago.
The next adjustment is expected to happen on Tuesday afternoon (UTC time). The next adjustment is expected in a day. Per the current estimates by the major Bitcoin mining pool BTC.com (15:57 UTC),
Following the last week's large drop, crypto market sentiment score (sentscore) barely moved over the course of the past seven days. The combined moving 7-day average sentscore for the top 10 coins slipped from 4.97 reported last week to 4.92/10 this time around, according to crypto market sentiment analysis tool Omenics.
Unlike the previous two weeks, however, these past
Decentralized finance (DeFi) liquidity providing platform Balancer was hacked today, reportedly with USD 500,000 worth of crypto stolen.
Following several reports online, Balancer confirmed that on June 29 an incident occurred, affecting two pools containing transfer fees, known as deflationary tokens.
Their report provided steps for how this was done, entailing taking a
This crypto-week, we saw that Bitcoin and Ethereum networks hit a number of all-time highs, they both recovered most of their losses after Black Thursday, and the gap between their fees was narrowed. Anthony Pompliano said he's not a BTC maximalist but that BTC is our one shot to separate money from state. Ripple and SBI are looking to roll out XRP liquidity solution ‘this year’, LibertyX
Hedera Hashgraph, a public distributed ledger platform and a blockchain alternative for corporations, has announced a partnership deal with the BRD consumer wallet, which it says will bring its HBAR token to 5 million wallet users.
The company also announced the winners of a recent virtual hackathon.
Hedera and BRD have entered a strategic relationship, per a press release
Huobi Group's multi-chain Huobi Wallet has teamed up with Unstoppable Domains, a San Francisco-based company that builds domains on blockchain networks, enabling wallet users to transfer their cryptocurrencies using .crypto domains. Besides aiding crypto adoption, say the companies, this will also enable Unstoppable Domains move into the Chinese market.
Per an emailed press
Bitcoin (BTC) is not a currency, and to be one it needs to be tied to a basket of commodities, says Steve H. Hanke, a Professor of Applied Economics at the Johns Hopkins University and a prominent expert on hyperinflation.
Hanke warned against investing in this asset.
"Bitcoin is a highly speculative asset, not a currency," wrote Hanke in a recent tweet, attaching
A company that brought one of the first bitcoin (BTC) ATMs in the US has now enabled customers in thousands of retail locations across the country to buy the world's oldest cryptocurrency.
LibertyX launched America's first bitcoin ATM in 2014, and has been "growing ever since," per its website.
The firm has expanded its base of "thousands" of
Crypto market sentiment score (sentscore) has taken yet another, this time much larger step away from the positive zone, dropping back into the 4-5 range. As crypto market sentiment analysis tool Omenics shows, the combined moving 7-day average sentscore for the top 10 coins dropped from 5.48 recorded last week to 4.97 recorded today.
As suggested by last Monday's
The Executive Committee of the Italian Banking Association (ABI) has approved ten criteria for a Central Bank Digital Currency (CBDC), bringing Italy a step closer to agreeing in principle to the possible launch of digital euro.
Associazione Bancaria Italiana is the trade association of Italian banks, founded in 1919, and comprises 707 members. As ongoing discussions
This week in the Cryptoverse, BTC mining difficulty made the highest jump in two years, the sender of USD 5.28 million Ethereum (ETH) transactions was revealed, and stablecoin volume became 5x ETH volume on Ethereum. Hackers stole a bitcoin with a “brute force” attack, while Bancor discovered a vulerability and hacked itself. The number of BTC whales was rising, but their wealth 'declined',
Reddit is working on scaling its recently added Ethereum (ETH) crypto rewards system, and has asked its own community to lend a hand.
"Ethereum" and "scaling" are words that are often paired together. But as the network moves towards its second iteration, named Ethereum 2.0, also known as Serenity, there are suggestions that any social media giant using
A child chain called Ignis by software company Jelurida will be a part of a new project - QualiSig - that has for a goal secure, blockchain-based communication between Austrian authorities, the country's institutions and citizens in the times of the pandemic. Data control will be the responsibility of citizens.
Jelurida develops and maintains the Ardor and Nxt blockchains.
Major crypto hardware wallet manufacturer Ledger has more in store when it comes to its crypto features, the company confirmed via their PR representative.
As reported previously, Ledger launched a crypto buying option directly on their Ledger Live application. The manufacturer, however, is planning an accompanying selling option, though it's not yet known when.
Donald Trump has been "after" bitcoin (BTC) for at least two years now, allegedly stating the world's number one token is a fraud, per claims in a new tell-all book.
The United States President allegedly told Treasury Secretary Steven Mnuchin to crack down on the trading and selling of BTC, claims an as-yet-unpublished book by former White House national
The ever-growing amount of positive news surrounding blockchain technology testifies to its rising popularity. Six blockchain companies were included on the World Economic Forum (WEF)'s 100 Technology Pioneers for 2020 list. And a survey has found that more than a third of the world's companies are currently working on blockchain-related projects.
The fifty-year-old
It seems that the sender of last week's USD 5.28 million Ethereum (ETH) transactions has been revealed.
Blockchain analytics and security firm PeckShield claims to have identified the sender - a South Korean peer-to-peer crypto exchange Good Cycle. Furthermore, this small exchange "appears to be a Ponzi Scheme project", claims the firm.
Update: We have identified
More institutions will follow those already in the bitcoin (BTC) space, as their mentality is generally that of "a herd," said Jesse Powell, CEO of major crypto exchange Kraken in an interview with Bloomberg TV. He also opined that bitcoin is already a store of value, and will soon surpass gold.
The Bloomberg interviewer argued that bitcoin is not a safe haven, as it
Although the number of bitcoin (BTC) whales is growing, it looks like some of the crypto world's biggest players now hold less BTC now than they did four years ago. They also hold less wealth in USD terms than they did three years ago, per a recent report from blockchain analytics firm Glassnode.
The firm did not specify how this wealth has deacreased exactly, promising
The pre-adjustment predictions last week seem to have underestimated this Bitcoin (BTC) mining difficulty adjustment, as it went higher than expected.
The third Bitcoin mining difficulty adjustment after the halving saw this measure of how hard it is to compete for mining rewards increase by 14.95% to more than 15.78 T today. This is bringing it closer again to the 16 T
Bitcoin (BTC) miners have started to hodl more of the newly generated BTC at the time when BTC is still failing to breach the psychologically important level of USD 10,000 per coin and when BTC mining set to become even more difficult.
While in the past 12 weeks miners still sold more BTC than they produced, this trend has changed in the past few weeks. In the past week,
Along with a drop in price, market sentiment score (sentscore) has moved away from the positive zone it had gotten very close to last week. According to crypto market sentiment analysis tool Omenics, the combined moving 7-day average sentscore for the top 10 coins dropped from 7.87 back to 5.48, thus moving towards 5.33 recorded two weeks ago.
Unlike last week's
Vitalik Buterin. Ethereum (ETH) Co-founder Vitalik Buterin keeps criticizing the stock-to-flow (S2F) model, though agreeing that a lack of correlation between the rise in bitcoin (BTC) price and the coin's halving isn't enough to do away with this popular and disputed model.
The theory that the halving causes a price rise is "unfalsifiable" due to the
This weak, we started a very REAL ETH giveaway. Speaking of ETH, two all-time high ETH transaction fees were paid, becoming more mysterious and blackmaily with the third. Meanwhile, Steve Hanke explained why private currency boards are better than central banks for a free society. While Maker soars, EOS developer Block.one prepares Voice for a July launch, and Tron 4.0 upgrade is announced for
There are eight crypto funds with more than USD 250 million in assets under management (AUM), according to the newly-launched Dove Mountain Data, a live database of all funds deploying capital into crypto.
This free, live database was created by Regan Bozman, Director Of Business Operations at CoinList, a token listing platform backed by Twitter CEO Jack Dorsey.
