The Block: Whales bought $3 billion of Bitcoin when its price fell, says Chainalysis

The Block: Sichuan hosts seminar to gauge potential bitcoin mining ban’s impact on hydropower economy

Thursday, 27 May 2021 05:30

Sichuan's energy regulator is hosting a seminar to gauge how much closing bitcoin mining activities would impact the local economy. The post Sichuan hosts seminar to gauge potential bitcoin mining ban’s impact on hydropower economy appeared first on The Block.

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cryptodaily.co.uk: Another billionaire changes mind on crypto

Thursday, 27 May 2021 05:45

Back in 2018 Carl Icahn said that crypto was “ridiculous”. Three years later and he is admitting that he may get into crypto “in a big way”. He has said that he may put up to $1.5 billion into the asset class. Icahn, billionaire founder of Icahn…

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cryptodaily.co.uk: Comedian and Ex-UFC Heavyweight Brendan Schaub To Tokenize Podcast With NFTs

Thursday, 27 May 2021 06:15

Standup comic, Podcast host, and TV personality Brendan Schaub has become the first comedian to tokenize his podcast with an NFT, offering his dynamic podcast content inside a special NFT. Hosting Some Well Known Shows Schaub is the host of some well-known shows such as Below the…

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cryptodaily.co.uk: Diem happy for eventual replacement by digital dollar

Thursday, 27 May 2021 08:00

Christian Catalini, chief economist of the planned digital stablecoin Diem, said that his organisation would phase out the Diem as soon as a Federal Reserve issued central bank digital currency (CBDC) came into being. The Diem, formerly the Libra, is an association of 26 financial companies that aims to…

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Decrypt Media: Regulatory Struggles Push Smaller Crypto Exchanges in South Korea to the Brink

Thursday, 27 May 2021 08:14

The vast majority of cryptocurrency exchanges in South Korea face an “existential crisis” as the September deadline to meet regulatory requirements looms.

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ZyCrypto: Profitable exchange of cryptocurrencies at the stock rate on Android

Thursday, 27 May 2021 09:46

Profitable exchange of cryptocurrencies at the stock rate on Android Exchanging cryptocurrencies for the traditional money quickly and without problems may be needed in different situations. It is not always possible to have a laptop or a computer at hand to be able to make a request,…

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cryptodaily.co.uk: President Of Federal Reserve Bank James Bullard Says Crypto Is 'Worthless' But May Have a Purpose

Thursday, 27 May 2021 09:46

The president of the Federal Reserve Bank of St. Louis talked about the value of cryptocurrencies, stating that most of them are “worthless” but may continue to circulate alongside nation-backed currencies. As part of a Yahoo finance Live panel, James Bullard, President of the Federal Reserve Bank…

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The Daily Hodl: White House Reviewing Crypto Regulation To Ensure Traders Can ‘Dogecoin to Their Heart’s Content’

Thursday, 27 May 2021 11:45

The Biden administration is examining new ways to regulate Bitcoin and cryptocurrency. According to a new report in the Washington Post, White House officials are being briefed by the Treasury Department about cryptocurrency risks. They’re looking at how to ensure the industry is properly enforced without stifling…

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cryptodaily.co.uk: Tidal Finance And EasyFi to Offer Multiple Insurance On Layer 2 DeFi Ecosystem

Thursday, 27 May 2021 11:55

Tidal Finance and EasyFi have announced a strategic partnership that will be focused on enabling insurance on EasyFi’s Lending Protocol for digital assets. Insurance Coverage To All Users Because DeFi is currently in a very nascent phase, it is vulnerable to hacks, attacks, and a constant risk…

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