The government of the British Overseas Territory Gibraltar will be using blockchain to help with delivering public services, per a press release Tuesday (Dec. 7). The program plans to use blockchain tech to work on the interconnectivity between departments, organizations and people. It will be...
Seven altcoins have been doing better after being listed on Coinbase Pro, including five ethereum tokens and two others which began trading on the platform Tuesday (Dec. 7). A company blog post explained that the trading would only begin once the liquidity conditions are met....
The central bank in Zimbabwe will be looking into a digital currency as opposed to letting cryptocurrencies become legal tender, Bloomberg said Monday (Dec. 6). Reserve Bank of Zimbabwe Governor John Mangudya said the bank “[doesn’t] believe in cryptocurrencies.” “We believe in central bank digital...
Bitcoin and other cryptocurrency prices continued seesawing on Sunday (Dec. 5), with overall values near all-time lows and the world’s most popular eCurrency — bitcoin — holding below $50,000. After an all-time high of $68,990.90 on Nov. 10, prices hovered below $60,000 and stayed there,...
Gary Gensler, SEC chair, says bitcoin exchange-traded funds could be ripe for manipulation and fraud, a Bloomberg report says. Gensler, speaking with Senate Banking Committee top Republican Pat Toomey, said that although non-U.S. regulators have approved ETFs, the SEC wouldn’t be influenced by that. Gensler...
Bitcoin lost over 17 percent overnight from Friday (Dec. 3) to Saturday morning, plunging to a low near $42,000 and inching back to $49,000 around midday EST. The decline was even more dramatic for some offshore platforms, where bitcoin dipped as low as $28,800. The...
Goldman Sachs is currently undergoing an education on how to use bitcoin as collateral for cash loans, according to a Thursday (Dec. 2) report from Coindesk. Goldman doesn’t plan to touch crypto spot markets; instead, the bank, and others like it, plan to rely more...
Nodl, a hardware bitcoin node provider, has debuted a new node offering for merchants in developing countries, Bitcoin Magazine reported Wednesday (Dec. 1). The product, called nodl light, is a Lightning Network node offering. Available early 2022, it will not only allow merchants to take...
A group that calls itself the RugSeekers has been working diligently to ferret out cryptocurrency scams, Bloomberg reported. The group is led by Robert Browning, 52. Its goal is to go into depth on the details of various scams, according to the report. The group...