Category: Blockchain

Ethereum (ETH) miners have seen their holdings go through the roof to the tune of $1.85 billion. Crypto analytic firm Santiment explained: “Ethereum miner balances have continued to skyrocket. 532.75K ETH is the largest balance held by miners since July 13, 2016. The value of these coins is $1.85B, easily an AllTimeHigh.” A

A recent report by Bloomberg has caused a bit of a stir in the digital currency ecosystem, and in fact, in the broader business world. The Bloomberg reporter Zeke Faux brought a new perspective to life based on Tether’s alleged reserve for the USDT stablecoin that has consistently ranked as the largest in the $2

On October 6, a NASDAQ-listed blockchain mining company, Riot Blockchain, announced that its Bitcoin production capacity in September has increased by about 346% to 406 BTC year-on-year comparing to last year. Meanwhile, the yearly Bitcoin mining production recorded an increase of approximately 236% for the first nine months. Riot Blockchain said that as of September this year, the company has mined 2,457

MoneyGram International Inc has partnered with the Stellar blockchain network to enable instant money transfers using Circle’s USDC stablecoin. Traditional cross-border payments giant MoneyGram announced on Wednesday, October 6, that it is working with the Stellar Development Foundation to launch the new service. Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation, talked

Bitcoin’s latest momentum has made the market capitalization top the $1 trillion mark, a milestone first seen in February. The leading cryptocurrency was up by 5.91% in the last 24 hours to hit $54,517 with a capitalization of $1.03 trillion during intraday trading, according to CoinMarketCap. Santiment believes Bitcoin’s dominance and price have been driven

As Bitcoin (BTC) surpassed the $55K level for the first time since May, publicly-traded, miners have been cashing in because they have been in an accumulation stage. Microstrategy CEO Michael Saylor said: “In September, Riot Blockchain mined 406 BTC, sold none of its production, and ended the month with 3,534 BTC on its balance

Billionaire investor George Soros’s family office, Soros Fund Management, has announced that it is trading Bitcoin. Soros, who is prominently known for making big money in traditional currency investments, is reported to have been trading Bitcoin for the past few months.  Dawn Fitzpatrick, the CEO and the Chief Investment Officer of Soros Fund Management stated

Chainalysis, a blockchain data analytics and security platform have announced its acquisition of cybercrime investigative company Excygent, bolstering the former firm’s push to combat ransomware attacks. Known to aid regulatory agencies and other interested parties in tracking cybercriminals, Excygent will boost Chainalysis’s digital currency transaction monitoring efforts. The provisions of tracking tools to peek into the

The National Bank of Georgia is set to launch a pilot program for its Central Bank Digital Currency (CBDC) dubbed the Digital Lari by 2022. The pilot program will feature the digital currency launch, which will be deployed to retail power transactions in the country. According to the vice-president of the central bank Papuna Lezhava,

With the price of Bitcoin surged to $55,000 level today, the Chicago Mercantile Exchange (CME) ’s futures premiums have soared high, an incident not witnessed since April. This could signal that Q4 is a bull run for the flagship cryptocurrency. Bitcoin’s latest bullishness seems to partly reflect Federal Reserve chairman Jerome Powell and SEC Gary Gensler stating