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Kumar Gaurav said "there is no way any government" can outright ban crypto given its nature as a global and decentralized system. from Cointelegraph.com News https://ift.tt/2NRC9oW via IFTTT

MSTR stock has surged by roughly 113% since Dec. 8 when it was downgraded by a Citigroup analyst. from Cointelegraph.com News https://ift.tt/3aijava via IFTTT

In the digitizing world, identity is everything and blockchain is to make it safe for everyone: users, businesses and governments. from Cointelegraph.com News https://ift.tt/3tggKGi via IFTTT

Ripple Labs has officially responded to the complaint by the U.S. Securities and Exchange Commission (SEC). Besides explaining that the XRP cryptocurrency is not a security, Ripple accuses the securities regulator of being out of step, picking winners and losers, as well as distorting facts regarding the cryptocurrency. In the court document filed on Jan. 29, Ripple claims that XRP is not an “investment contract,” insisting that the crypto “is a virtual currency and thus, outside the SEC’s jurisdiction.” Furthermore, the company stated that it never held an initial coin offering (ICO), never offered future tokens to raise money, and has no relationship with the vast majority of XRP holders. The SEC, however, is “out of step domestically and globally,” claims Ripple. The company noted that no other regulators in the world have considered XRP to be a security. Ripple alleges that “Basically, on its way out, the Trump administration sought to undo the determination that XRP was

The GameStop short squeeze and Bitcoin have a lot more in common than appears at the surface, according to Paolo Ardoino. from Cointelegraph.com News https://ift.tt/3alKrNq via IFTTT

As another $2-trillion stimulus package looms in the U.S., institutions will continue to look at BTC as a hedge against inflation. from Cointelegraph.com News https://ift.tt/3tn4wf0 via IFTTT

The time has come to make decentralized finance more P2P-oriented than it has been so far. from Cointelegraph.com News https://ift.tt/3tcTzMP via IFTTT

Payments giant Visa Inc’s CEO Alfred Kelly has revealed his firm’s plans to enable cryptocurrencies trading on its network. Kelly, who is also chairman of the firm, explains that there is no reason not to add cryptos when these are increasingly becoming “a recognized means of exchange.” Digital Gold Segment In an earnings call with analysts, Kelly opines that due to Visa’s “global presence, its partnership approach as well as its trusted brand”, the fintech giant is “uniquely positioned to help make cryptocurrencies more safe.” The CEO adds that Visa also wants to make cryptos “more useful and applicable for payments.” However, to achieve this, Kelly says his organization will divide the crypto market into two segments, namely cryptocurrencies and digital currencies. Describing the assets that will be included in the cryptocurrency segment, the CEO says these will be viewed “as digital gold.” According to Kelly, such currencies are “predominantly held as assets that are not used a

In the future, owning unique art won’t be restricted to the elites, but will everyone have digital art on their walls? from Cointelegraph.com News https://ift.tt/3oIaT9f via IFTTT

Bitcoin is slowing down and weakening on-chain metrics are forcing traders to turn cautious in the short term. from Cointelegraph.com News https://ift.tt/39wb4zZ via IFTTT

For managers, entrepreneurs and builders working with blockchain, performing a cost-benefit analysis of DLT implementations is crucial. from Cointelegraph.com News https://ift.tt/3pBhZ0r via IFTTT

Public trust in banks and bankers never fully recovered after the Great Recession, and DeFi has ground to cover in this particular area. from Cointelegraph.com News https://ift.tt/2YwpNo8 via IFTTT

Just recently, the Bitcoin Cash community has been discussing the large number of transactions the network has been seeing on a daily basis during the last month. Statistics show that bitcoin cash daily transactions have been increasing every day since the last week of 2020. Bitcoin Cash miners have processed upwards of 300,000+ daily transactions on various days during the past week. The crypto economy and myriad of blockchain networks have been getting a lot more attention during the last few months. Not only has a number of digital assets jumped tremendously in value, but many of these tokens are seeing increased usage as well. More recently, Bitcoin Cash proponents have been noticing that the BCH chain is handling a whole lot more transactions than usual. Since the last week of December 2020, BCH transaction counts per day have steadily risen northbound and have come awfully close to matching the Bitcoin ( BTC ) network’s daily output. At the time of writing, onchain data

The governance tokens for Uniswap and Compound reached new 2021 highs as altcoins and DeFi tokens pushed higher today. from Cointelegraph.com News https://ift.tt/2MG8LkZ via IFTTT

The founder and chief investment officer of Bridgewater Associates, the world’s largest hedge fund firm, has clarified his view on bitcoin and cryptocurrency. Ray Dalio also reveals that he and his colleagues at Bridgewater “are intently focusing on alternative storehold of wealth assets.” Bridgewater Founder Ray Dalio ‘Greatly’ Admires Bitcoin Ray Dalio, founder and chief investment officer of Bridgewater, has clarified his view on bitcoin and revealed what his company has in store for cryptocurrency. With about $140 billion in assets under management, his hedge fund is the largest in the world. AICIO Magazine and Wired Magazine have called Dalio the “Steve Jobs of Investing,” and TIME Magazine has named him one of the 100 Most Influential People. In a research note published on the Bridgewater Associates’ website on Thursday, Dalio wrote: “I am writing this to clarify what I think of bitcoin. Please pay attention to what I am saying here and not what those in the media are saying

The founder behind the game studio that developed Fornite sees promise in NFTs, but says for now there's more speculation than substance. from Cointelegraph.com News https://ift.tt/3t9YgHl via IFTTT

Fidelity Digital Assets President Tom Jessop has shared his view on the future of bitcoin and cryptocurrency regulation under the Biden administration. He confirms that Fidelity is seeing strong demand for bitcoin from institutional buyers. Fidelity Digital Assets’ Head Optimistic About the Future of Bitcoin Jessop explained what he expects in terms of cryptocurrency regulation from the Biden administration in an interview with CNBC last week. Jessop is head of Corporate Business Development for Fidelity Investments and president of Fidelity Digital Assets. He began by talking about Joe Biden’s pick as the new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler. Given the MIT blockchain professor’s experience in the space, Jessop said, “I think it paints a more generally constructive attitude, or a picture, in terms of what we might expect going forward.” The Fidelity Digital Assets head also believes that positive crypto regulations implemented during the

In the last 30 days, FTX Token rallied 105% as its exchange surpassed BitMEX and Deribit's open interest, but is there room for further upside? from Cointelegraph.com News https://ift.tt/3ckFQO6 via IFTTT

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! from Cointelegraph.com News https://ift.tt/39xLgDJ via IFTTT

XRP price rallied 86% as members of a Reddit-based investing group shifted their focus from Dogecoin. from Cointelegraph.com News https://ift.tt/2MciIH0 via IFTTT

The Pirate Bay has been the world’s most popular torrent web portal for the last eighteen years. Despite a few hiccups during that time, the site remains accessible via mirrors and proxy websites. In addition to remaining online, Pirate Bay has been accepting bitcoin for donations since 2013 acquiring more than $4.5 million worth since then. The Pirate Bay’s Bitcoin Stash Since 2003, when it was founded by the Swedish think tank Piratbyrån, the Pirate Bay has been the most popular, and perhaps the most beloved torrent website in the world. The web portal is basically an index of digital content hosted online so users can download, own, and seed the content via Bittorrent technology. Of course, in 2009, the Pirate Bay founders Gottfrid Svartholm Warg, Peter Sunde, and Fredrik Neij got into some trouble over copyright laws. While the founders dealt with prison sentences during that time, the Pirate Bay continued to operate and in 2013, the web portal announced it was accepting bitc

A misguided article has been spreading misinformation about Bitcoin and tether recently. Here’s what it got wrong. The post Debunking Misconceptions From “The Bit Short: Inside Crypto’s Doomsday Machine” appeared first on Bitcoin Magazine. bit.ly/3f7o14k http://dlvr.it/Rrgyn9

The payments giant is bullish on stablecoins, but may be overlooking the potential of DeFi from Cointelegraph.com News https://ift.tt/36o3Yvd via IFTTT

Amazon and eBay don’t appear to be in a hurry to start accepting crypto. Does the digital assets sector need to create a platform of its own? from Cointelegraph.com News https://ift.tt/3akN01Z via IFTTT

A cryptocurrency fund manager has been charged in a U.S. federal court. He allegedly took over $5 million from investors interested in investing in his crypto funds, promising them high returns. In reality, he was running a Ponzi scheme and is now facing up to 30 years in prison. Crypto Fund Manager Arrested for Running a Ponzi Scheme The U.S. Department of Justice (DOJ) announced Tuesday that Jeremy Spence has been arrested and charged in Manhattan federal court in a fraudulent cryptocurrency scheme. The 24-year-old from Bristol, Rhode Island, is also known as “Coin Signals.” Spence is “a cryptocurrency trader who solicited funds for various cryptocurrency funds that he operated, with commodities fraud and wire fraud offenses,” the DOJ described, adding: Spence took cryptocurrency worth over $5 million from more than 170 individual investors after making false representations in connection with these cryptocurrency funds. U.S. Attorney Audrey Strauss explained that the defenda

A speculative wave is now receding, and more than one trader regrets the ride. from Cointelegraph.com News https://ift.tt/3iZRH5k via IFTTT

The price of Bitcoin has shown weakness after failing to clear $38,000 from Cointelegraph.com News https://ift.tt/36thhLb via IFTTT

A U.S. federal judge has rejected a motion filed by a former Ethereum Foundation developer over allegations of assisting North Korea to bypass sanctions. Prosecutors claim, Virgil Griffith, aided the regime by providing critical information on cryptocurrencies. Prosecutors Say Griffith’s Speech Was About the Use of Cryptos to Circumvent Sanctions Per Law360 , a jury is now set to determine if Griffith violated the International Emergency Economic Powers Act by giving a speech at the Pyongyang Blockchain and Cryptocurrency Conference in 2019. Kevin Castel, a U.S. District Judge, denied Griffith’s motion because the “short and vague” four-page indictment lacked specific details of his alleged criminal actions. He further commented on the matter: Examining the indictment in light of the parties’ arguments, the court concludes that it provides adequate notice of the charges against Griffith sufficient to enable him to prepare for trial and, if it becomes necessary, plead double jeopa

Tim Draper, the billionaire Bitcoin investor who is also an early investor in Tesla, reacted to Elon Musk's Bitcoin moment. from Cointelegraph.com News https://ift.tt/3px3JG0 via IFTTT

Now it’s up to the crypto industry itself to start engaging with and accepting regulations. from Cointelegraph.com News https://ift.tt/3tbSfde via IFTTT

A summary of the events that marked 2020 in the Spanish crypto space and opinions from different people of the industry who lived it from the inside. from Cointelegraph.com News https://ift.tt/2NGyKci via IFTTT

Low-cost, low-latency and highly scalable blockchain infrastructure — that is what will lead crypto and DeFi to real mass adoption. from Cointelegraph.com News https://ift.tt/36nEz5a via IFTTT

Institutional investors have arrived at the cryptocurrency table, but does that mean that Bitcoin has now become a safe investment? from Cointelegraph.com News https://ift.tt/3ozp7ch via IFTTT

The Indian government has finally moved forward with a cryptocurrency bill. Entitled “The Cryptocurrency and Regulation of Official Digital Currency Bill 2021,” the bill has been listed for consideration in the current parliamentary session of Lok Sabha, the lower house of India’s parliament. It seeks to create a framework for India’s official digital currency to be issued by the Reserve Bank of India (RBI) but prohibit all cryptocurrencies. Indian Government Set to Introduce Cryptocurrency Bill in Current Parliamentary Session After almost two years of waiting, the Indian government has finally moved forward with a cryptocurrency bill. According to Lok Sabha’s bulletin dated Jan. 29, the bill entitled “The Cryptocurrency and Regulation of Official Digital Currency Bill 2021” is listed for consideration in the current parliamentary session. The budget session of Parliament commenced on Friday and will conclude on April 8, with a recess between Feb. 15 and March 8. The union budget w

Ukraine’s government-owned nuclear power plant picked a firm to build a massive data center in Rivne for cryptocurrency mining operations. After a bidding process, Energoatom chose Kyiv Energy Construction Company to handle the nuclear plant crypto mining project. Nuclear Power Plant Operator Expects to Launch the Data Center in 2022 According to official documents , the data center will be based in the Rivne nuclear power plant, after the construction firm got 8.92 million Hryvnia ($317,620) in funding. The only competitor in the bidding was Ukrenergobudproek. However, they allegedly made an expensive offer, said the regional news outlet Forklog . The Kyiv Energy Construction Company expects to finish the data center building by August 31, 2022. Per the announcement, the contractor is required to send the documentation that details the whole process. It includes “host state registers, electronic archives, and computing facilities.” In terms of technical details, the nuclear power

The San Francisco-based cryptocurrency exchange Coinbase recently announced the company plans to do a direct listing, as opposed to following the initial public offering (IPO) route. The decision means that Coinbase can float its shares on an exchange without hiring a financial institution to underwrite the settlements. Coinbase to Skip IPO Process, Shoots for a Direct Listing Just recently people familiar with the matter received a tip that the exchange giant Coinbase had plans to sell shares privately ahead of the IPO. In mid-December, Coinbase revealed the confidential filing of an S-1 initial public offering with the U.S. Securities and Exchange Commission. However, on January 28, 2021, Coinbase announced a proposed direct listing as opposed to the IPO that was initially planned. For instance, a few weeks prior rumors spread that Goldman Sachs would be the exchange’s underwriter. On Thursday Coinbase wrote: Coinbase Global, Inc. today announced its intent to become a publ

Bitcoin is struggling to retake the $35,000 level as one analyst predicts miners will continue selling BTC ahead of the Chinese New Year holiday. from Cointelegraph.com News https://ift.tt/3iYvpB0 via IFTTT

Bitcoin mining rig manufacturers are dealing with a semiconductor supply crunch according to regional reports stemming from China. There’s been a global semiconductor supply shortage and it’s affecting nearly every type of business in the supply chain that manufactures cars, PCs, laptops, smartphones, and cryptocurrency mining devices. Moreover, the recent shortage has invoked the demand for second-hand and older generation mining rigs. Semiconductor Shortage Complicates Mining Rig Manufacturing Currently, the world is dealing with a semiconductor supply crunch which has been spurred by the aftermath of Covid-19 and the lockdowns. Automobile makers, PC manufacturers, smartphone production, and almost every electronics manufacturer under the sun is dealing with this issue. For instance, reports detail that auto giants like Toyota Motors, Nissan, Ford, Volkswagen, and more have been chomping at the bit to obtain microchips from suppliers like TSMC. On January 27, 2021, the financial

When Robinhood halted the trading of GameStop securities, it showed that only by opting out with Bitcoin can one control their own money. The post GameStop Is The Market Crying Out For Bitcoin appeared first on Bitcoin Magazine. bit.ly/3f7o14k http://dlvr.it/RrdPM6

In this episode of "The Van Wirdum Sjorsnado," the hosts discussed compact client-side filtering, also known as Neutrino. The post Discussing Compact Client Side Filtering (Neutrino) appeared first on Bitcoin Magazine. bit.ly/3f7o14k http://dlvr.it/Rrd0Gq