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Crypto population doubled to over 200M users since January, report says

Cryptocurrency adoption has seen an accelerated growth this year, with the global crypto population doubling since January, according to a new report.Major digital asset company Crypto.com released its latest study on measuring global cryptocurrency users on Thursday, discovering that the number of crypto users worldwide has more than doubled from

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Is Bitcoin a religion? If not, it soon could be – Cointelegraph Magazine

Hass McCook is a respected Sydney-based civil engineer who has worked on some of the most spectacular buildings in the world, from Munich’s Allianz Arena to Singapore’s Marina Bay Sands.He also considers Bitcoin to be his religion.Better known on Twitter as Friar Hass, the 35-year-old had a religious epiphany about

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Bitcoin struggles at $40K after ‘most confusing’ Jerome Powell press conference

Bitcoin (BTC) rose above $40,000 on July 29, a day after the Federal Reserve hinted that it was getting nearer to unwinding its asset purchasing program that has boosted the economic recovery of the United States.The benchmark cryptocurrency previously approached $41,000 ahead of the critical Fed update. Nonetheless, it started

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Bitcoin open interest mimics Q4 2020 as new report ‘cautiously optimistic’ on BTC rally

Bitcoin (BTC) futures open interest is mimicking the start of the BTC price bull run, data shows.As BTC/USD hovered near $40,000 on Thursday, a fresh bullish report from Stack Funds called for “cautious optimism” about further price rises.Bitcoin has sought to flip $40,000 to support this week, returning to the

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Bitcoin inheritance tool to use cloud service by Russian Sberbank

A group of Russian experts is working on a new blockchain-based service to allow users to bequeath their cryptocurrency holdings and digital rights to the next generation.The National Technological Initiative (NTI), a global technical leadership program in Russia, announced a new digital inheritance tool based on blockchain technology, local news

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Record 57K BTC leave exchanges in one day dropping Bitcoin reserves to pre-crash levels

Bitcoin (BTC) demanded a $40,000 resistance flip on July as on-chain data revealed large withdrawals from exchanges.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewExchange balances shed 57,000 BTCData from Cointelegraph Markets Pro and TradingView showed BTC/USD rise to challenge the upper end of its trading range once more on Thursday.The pair

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Nano seeks $700K in costs from plaintiff who dropped class action with ‘absurd’ claims

An ongoing lawsuit involving crypto project Nano has taken another turn this week when the developers sought a sanction after the plaintiff dropped the case.The Nano team is after $701,000 in attorney fees and costs as a sanction after a token buyer dropped his proposed class action. On July 27,

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BlockCrushr drops lawsuit accusing ConsenSys of stealing its IP

Canadian blockchain startup BlockCrushr has agreed to drop an intellectual property (IP) lawsuit against early backer, Ethereum-focused software engineering firm, ConsenSys.The two firms filed a joint agreement to dismiss the case on July 27, with the deal’s terms prohibiting BlockCrushr from attempting to pursue the matter in future.ConsenSys has characterized

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