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 »

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 »

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 »

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 »

Coinbase reports 22% revenue growth, net loss of $79M for Q1; notes lower volatility in Q2

Coinbase said May 4 that its net revenue increased by 22% quarter over quarter to $736 million and its operating expenses fell by 24% from the previous quarter. The reduction in operating... Read more »

Crypto market recovers this week’s losses

The cryptocurrency market cap saw net inflows of $22.6 billion over the last 24 hours and currently stands at $1.20 trillion — up 1.9% from $1.18 trillion. During the reporting period, Bitcoin... Read more »

Robert Kennedy Jr. condemns Biden’s proposed 30% Bitcoin mining tax

Presidential hopeful Robert F. Kennedy Jr. on May 3 condemned a 30% crypto mining tax proposed by the Biden administration and responded to concerns around crypto. Kennedy says crypto regulation is a... Read more »

Bitcoin boost delivers market reprieve

The cryptocurrency market cap saw net inflows of $17.9 billion over the last 24 hours and currently stands at $1.18 trillion — up 1.5% from $1.16 trillion. During the reporting period, Bitcoin... Read more »

Marathon mined $20M Bitcoin in April and increased hash rates, BTC holdings

Crypto mining firm Marathon Digital Holdings on May 2 reported growth in some areas during its monthly review for April. Marathon produced 702 BTC (currently worth $20 million). That amount, measured in... Read more »

Crypto market dips 1.5%, Litecoin defies wider downtrend

The cryptocurrency market cap saw net outflows of $17.1 billion over the last 24 hours and currently stands at $1.16 trillion — down 1.5% from $1.18 trillion. During the reporting period, Bitcoin... Read more »