Wednesday, December 18, 2024
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70% of Salvadorans opposed to Bitcoin Law as Sep. 7 implementation draws near

With less than a week to go before El Salvador's Bitcoin Law takes effect on Sept. 7, a majority of citizens surveyed are opposed to government-mandated cryptocurrency adoption.A survey conducted by the local Central American University’s (UCA) Institute of Public Opinion has found that 70% of Salvadorans believe President Nayib

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DeFi industry draws in commercial banks? Siam bets with $110M fund

While serious institutional interest in crypto is perhaps becoming more of an established trend than an emerging narrative, the focus of big-money players is usually on Bitcoin (BTC). However, assets like Ether (ETH) and decentralized finance (DeFi) are beginning to pique the attention of major investors.For Siam Commercial Bank (SCB),

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Renewed Interest in Crypto Sparks All Time High Bitcoin Value as the Year Draws to an End – Blockchain News, Opinion, TV and Jobs

The worst year of all years in every other way, is now ending well for the wallets of Bitcoin owners. Eighteen days before the third year anniversary of its previous high of $19,783, Bitcoin has reached a value of $19,857.03, after starting the year on a slightly more positive note

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Following six-hour outage, Solana draws criticism and support

Yesterday, a nearly six hour network outage from Solana, a layer-one blockchain known for its high throughput, drew both jeers and support from traders and developers across the smart contract space. “At approximately 1:46pm UTC on December 4th, 2020, the Solana Mainnet Beta cluster stopped producing blocks at slot 53,180,900, which

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Microsoft Releases Bitcoin-Based ID Tool as COVID-19 Tracing Draws Criticism

Microsoft’s Bitcoin-based decentralized identity tool, ION, went live with a beta version on mainnet Wednesday as one of many efforts by members of the Decentralized Identity Foundation (DIF) to fast-track tools anyone can use for COVID-19 crisis response programs.  Microsoft and ConsenSys’s uPort project are both leading DIF members. Separately, Microsoft

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Australia’s Blockchain Roadmap Isn’t Music to Everyone’s Ears, Draws Criticism

So far, 2020 has been a year of cryptocurrency regulation: The European Union, the United Kingdom and Singapore have officially introduced their approaches to the burgeoning industry. Now, Australia has published its national roadmap, hoping to become a global blockchain leader. Last Friday, Australia's Department of Industry, Science, Energy and

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Ethereum Network Draws Developer Ire After Scheduling New Year’s Day Upgrade

The organization behind ether, the world's second-largest cryptocurrency, is drawing criticism from developers after scheduling an upgrade on New Year's Day - a work holiday in most countries. The Ethereum Foundation on Monday announced the plan to implement the "Muir Glacier" upgrade on Jan. 1. The upgrade will take place

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Billionaire Mike Novogratz Draws Line in Sand on Bitcoin Price

Bitcoin’s recent plunge to below $7,000 pretty much shell-shocked much of the crypto community, leaving some market participants scrambling and others to speculate about why it happened. The months leading up to the next bitcoin halving event are supposed to be exciting, but bitcoin has once again proven its unpredictable

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