When a main U.S. regulatory body defers to Crypto Twitter for leads on securities law violations, you know these categories are subjective.
CoinDesk
Bitcoin Breaches Past $21,000 After IMF Clarifies Crypto Doesn’t Threaten Financial System
Bitcoin investors heaved a sigh of relief on Wednesday as the popular crypto abruptly reversed course and surpassed the $ 21,000 threshold as Asian trading hours began, Wednesday.
Since the International Monetary Fund reduced its global growth outlook for this year and 2023, BTC fell below the $ 21,000 barrier overnight, Forkas reported on Wednesday.
In its worldwide projection, the IMF cautioned that global economies may soon be on the verge of a full-blown recession, noting that the Ukraine-Russia crisis and ongoing COVID lockdowns has dealt a heavy blow to the world’s financial system.
Suggested Reading | These Robot Dogs Can Dig Up Lost Bitcoin – And Be Used As Killing Machines
The Proof Of Work Behind Proof-Of-Work — Bitcoin Mining Profitability Doesn’t Come Easy
Bitcoin mining is an incredibly difficult industry to start out in and all of its complexities may be lost on those unaware.
The inspiration of this article comes from spending a weekend with Nick Foster.
Goldman Sachs ‘Absolutely’ Eyeing Crypto, Doesn’t Expect Stock Market Crash
If you can’t beat ’em, join ’em. That’s the prevailing mindset on Wall Street when it comes to crypto. The latest to (re)-hop on the bitcoin/blockchain bandwagon is Goldman Sachs CEO David Solomon. Solomon: All the Big Dogs Are Considering Crypto Solomon told French financial newspaper Les Echos that Goldman Sachs is “absolutely” considering its own […]
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Binance CEO Says Exchange Doesn’t Consider XRP a Security
Binance CEO Changpeng “CZ” Zhao continued his push toward transparency with a recent AMA where he covered everything from decentralized exchanges to the Binance ecosystem. Perhaps the most notable statement was related to the current status of XRP (XRP), the cryptocurrency created by Ripple that many believe should be classified as a security. CZ touched […]
SludgeFeed
Canadian Watchdog Says It Doesn’t Regulate QuadrigaCX Exchange
British Columbia’s securities watchdog has said that it has no remit to regulate troubled crypto exchange QuadrigaCX.
CoinDesk
McDonald’s Free Bacon Gambit Doesn’t Quite Make its Stock Price Sizzle
McDonald’s is reportedly giving bacon away with every order today. While it might be seen as a regular promotion, the move is certain to attract thousands or even millions of additional sales today. Bacon is a massive selling point in the US fast-food industry. Bacon Hour. Because 🥓 is always the answer. Hot Fudge Sundaes? 🥓 Classics? 🥓 Hash Browns? 🥓 Tuesday, January 29th. 4-5 pm (local time) at part. restaurants. FREE 🥓 on the side with ANY purchase. #BaconHour pic.twitter.com/Oi1XeWmjaD — McDonald's (@McDonalds) January 25, 2019 McDonald’s is by far the highest-priced stock in fast-food, clocking in $ 100 higher
Leaked Crypto Exchange User KYC Data Doesn’t Affect Our Accounts: Binance
By CCN: Binance, the world’s leading cryptocurrency exchange, has recently put out a statement claiming that the leaked cryptocurrency exchange user know-your-customer (KYC) data isn’t from its users, as it uses digital watermarks on every user picture it collects. Recently, CCN revealed a hacker going by “ExploitDOT” was selling leaked KYC data from cryptocurrency exchange
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Kashkari: Federal Reserve Doesn’t Need to Protect Investors
Another Federal Reserve president has spoken out on interest rates. Neel Kashkari says there is no need for interest rate hikes right now but that the US Federal Reserve does not exist to protect investors. Though the stock markets are exhibiting “nervousness,” says Kashkari, investors have to figure out what to do next. We are
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Government Shutdown Doesn’t Stop Dow Jones from Seeing Best Start Since 2006
The first seven sessions of trading have delivered the best start to a year for the Dow Jones Industrial Average and other stock market indices since 2006. Government Shutdown Continues, But so Does Dow Rally 800,000 workers went without pay on Friday due to the ongoing government shutdown. It’s now the longest in history with
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Apple Plunged 10% in Hours and the Firm Still Doesn’t Know the Root Issue
Apple is in deep trouble. With a ten percent drop in its stock price on the day and low sales forecast in China, the technology behemoth is facing a tough quarter ahead. Samsung, the largest conglomerate in South Korea, is also struggling to deal with low sales. As smartphones users feel less compelled to acquire … Continued
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Justin Sun Doesn’t See Stellar (XLM) as Competition for TRON
Stellar’s (XLM) co-founder and CTO Jed McCaleb came out punching in a recent interview with Yahoo Finance, where he called into the question the actual utility of Bitcoin (BTC) and other major digital currencies. “Things like TRON, it’s just garbage. But people dump tons of money into it, these things that just do not technically work,” […]
SludgeFeed
Chatter Report: Vitalik Doesn’t Believe in Proof of Work, Chris Pacia Discusses Big Blocks
In this latest roundup of crypto chatter from social media, Vitalik Buterin sparks debate by declaring that he doesn’t believe in proof of work. Also, developer Rhett Creighton is accused of foul play in the Bitcoin Private pre-mine scandal. Finally, Chris Pacia clarifies his stance on large block limitations.
Also read: A Look at Some of 2018’s Most Popular Cryptocurrency Traders
Vitalik Doesn’t Believe in Proof of Work
Ethereum founder Vitalik Buterin turned a lot of heads recently when he tweeted to Bitcoin maximalist Giacomo Zucco that he doesn’t “believe in proof of work.”
I don't believe in proof of work!
Bitcoin ‘Nuclear Winter’ Doesn’t Scare Billionaire Crypto Bull Jim Breyer
Billionaire investor and venture capitalist Jim Breyer stated that despite a prolonged crypto “nuclear winter,” he still believes that the promise offered by the technology is too great for it to be permanently buried by short-term market movements. Speaking at the 2018 Fortune Global Tech Forum in Guangzhou, China, Breyer noted that while these are
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Report: Bitcoin Mining Doesn’t Fuel Climate Change, It Benefits the Global Economy
The majority of bitcoin miners — about 78 percent — use renewable energy to power their mining operations, while preventing surplus electricity from going to waste in countries such as China, a new study by Coinshares has revealed. The U.K.-based digital asset management company argues that “bitcoin mining may in fact be acting as an electricity buyer of last resort,” contrary to the mainstream media construct of it being an environmental menace.
Also read: Bitcoin Mining Start-Up Envion Ordered to Close by Swiss Court
‘Buyer of Last Resort’
Kraken on Bitcoin SV (BSV): It’s ‘High Risk’ & Doesn’t Meet Listing Requirements
As the dust begins to settle from last week’s Bitcoin Cash hard fork, crypto exchanges are now signaling which version will receive the “BCH” ticker symbol, as well as to what extent and on what terms they will support the other blockchain. US crypto exchange Kraken, like the majority of other BCH trading platforms, has
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Bitcoin Cash: Pre-Fork Trading Doesn’t Bode Well for Craig Wright’s Camp
Partisans in the looming Bitcoin Cash civil war now have the opportunity to put their money where their mouths are, and that money is quickly piling up on one side of the debate. Poloniex Opens Pre-Fork BCH Market Earlier today, cryptocurrency exchange Poloniex became the first crypto trading platform to allow users to trade coins
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The Idea That Ether Doesn’t Compete With Bitcoin Makes No Sense
The Idea That Ether Doesn’t Compete with Bitcoin Makes No Sense
Ethereum is the only blockchain that has gained a level of success and notoriety that is anywhere near comparable to what Bitcoin has achieved over the past nine years. The Ethereum platform has attempted to differentiate itself from the other Bitcoin alternatives by focusing on its use as a protocol for smart contracts rather than a form of peer-to-peer electronic cash, and many individuals have gone as far as to say that Bitcoin and Ethereum don’t compete with each other at all. Well, here’s why that makes no sense.
Bitcoin Doesn’t Move as Market Continues Stability, Volume Rises 20%
Over the past 24 hours, the cryptocurrency market has demonstrated the same trend it has shown throughout the past 12 days, with Bitcoin at $ 6,400. The volume of Bitcoin has increased by nearly 20 percent from $ 3.1 billion to $ 3.5 billion, hinting a rise in trading activity in the cryptocurrency exchange market across major digital
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U.S. Will See Blockchain Exodus if Congress Doesn’t Figure out Cryptocurrency Regulation
More than 50 stakeholders from the cryptocurrency and finance industries this week met with U.S. lawmakers in Washington to discuss the future of blockchain regulations in the country. The roundtable, which took place at Capitol Hill at the behest of Rep. Warren Davidson (R-OH), saw attendance from the representatives of industry heavyweights including Coinbase, Kraken,
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