Cryptocurrency

Cryptocurrency (207)

'Low TX Fees' Identified As Cause of BTC Backlog on Binance

Bitcoin withdrawals on the Binance platform were temporarily suspended last week after a “stuck transaction” was reportedly causing issues. So reports CNBC

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Hsu to D.C. Summit: 'Hype' Economy Threatens Digital Asset Space

Industry stakeholders and government officials used the DC Blockchain Summit to mull ways to leverage the power of digital asset technology without risking consumer privacy and unnaturally disrupting financial markets–something which seems to be easier said than done, according to some key officials.

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Lobby Warns State-backed Crypto Will Spell Big Trouble for Banks, Borrowers

Banking lobbyists came out in force recently, urging caution regarding the potential creation of a central bank digital currency (CBDC). The impetus for the warning is a research and analysis report, and subsequent call for public comment, from the Federal Reserve weighing the costs and benefits of introducing a government-backed cryptocurrency in the U.S.

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Crypto Bear Market Doesn’t Hold Down Blockchain VC Funding: Report

Blockchain startups taking in venture capital enjoyed their seventh consecutive positive quarter. So reports Finbold.

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TerraUSD Tumbles As So-called 'Stablecoin' Appears Unstable

TerraUSD, a planned stablecoin pegged to the U.S. dollar, fell as low as $0.26 amid a chaotic market last week. So reports CNBC.

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Ritzy Conn. Estate for Sale, Unidentified Owner Will to Take BTC, ETH in Purchase

The unidentified owner of a Greenwich, Conn., estate will accept cryptocurrency in the sale of her $6.5 million, 4.3-acre farmhouse compound. So reports CNBC.

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Top Crypto Firms Luring Expert Cops with Fat Salaries

Top crypto firms like Coinbase, Binance and Chainalysis are among the companies offering law enforcement officers in the U.K. double and triple salary to join their ranks. So reports Fortune.

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Crypto Gaining Steam As A Medium of Exchange, BTC Leading the Charge

Cryptocurrency has long been an area of interest among speculators and traders, but its adoption as a form of payment has seemingly lagged its usefulness as a vehicle for investment. A new report from BitPay and PYMNTS, though, shows consumer usage of cryptocurrency may be growing in popularity.

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U.K. Looking at Broad Digital Currency Regulations, Will Start with 'Stablecoins'

The U.K. Treasury announced it will begin to sanction and regulate “stablecoins” as part of an effort to bolster confidence in cryptocurrencies and strengthen the region’s reputation as a digital payments hub. So reports the BBC.

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BlackRock CEO Walks Back Some Crypto Criticism in New Letter

Larry Fink, CEO of BlackRock, which oversees more money than any asset manager on the planet at $10 trillion, appears to have softened his stance on cryptocurrency. So reports Fortune.

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