Consensus algorithms can be engineered to unlock blockchain for business

The following is a guest post by Venom Foundation CTO Christopher Louis Tsu. Connecting blockchain to traditional businesses is not a simple process. So-called non-crypto industries, particularly finance, banking and insurance, are... Read more »

UK High Court Rules to Set Aside Interim Proprietary Injunction Against Binance

A high court in the United Kingdom recently set aside a proprietary injunction that was issued against the crypto exchange Binance. In its application challenging the injunction, Binance said the action had... Read more »

Bitcoin trader eyes $63K BTC price for new Bollinger Bands ‘breakout’

Bitcoin (BTC) could be set for historic gains thanks to a simple trend line breakout, a popular trader hopes. In a Twitter discussion on May 5, Titan of Crypto flagged a rare... Read more »

Britain’s fourth largest newspaper offers free King Charles coronation NFTs

The Evening Standard said on May 5 that it is releasing a series of free non-fungible tokens (NFTs) to commemorate the coronation of King Charles. NFT features animated St. Edward’s Crown The... Read more »

Hyperinflation and Bitcoin wagers, AI replacing first jobs and more

United States inflation and how it might affect the price of Bitcoin (BTC) are two of the top concerns on investors’ minds around the world. To illustrate, one prominent crypto personality bet... Read more »

Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector

The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that is limiting... Read more »

Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion

Senator Elizabeth Warren testified before the Senate Armed Services Committee on May 4, where she emphasized crypto’s use in crime and sanctions evasion. Russia, North Korea’s crypto use in 2022 During her... Read more »

Argentina’s central bank halts cryptocurrencies from payment apps

On May 4, Argentina’s central bank banned payment providers from offering crypto transactions, alleging it intends to reduce the country’s payment-system exposure to digital assets.  According to a statement from the monetary... Read more »

Stronghold Digital Partners With Canaan Subsidiary to Boost Bitcoin Mining Capacity by 400 PH/s

Stronghold Digital, a leading Bitcoin mining firm, announced the company has entered into a two-year hosting agreement with Cantaloupe Digital LLC, a subsidiary of the bitcoin application-specific integrated circuit (ASIC) manufacturer, Canaan.... Read more »

Bitcoin maintains $29k in flat market performance

The cryptocurrency market cap saw net outflows of $10 billion over the last 24 hours and currently stands at $1.19 trillion — down 0.6% from $1.20 trillion. During the reporting period, Bitcoin... Read more »