The El Salvadoran government seems to be pushing ahead with its plans for bitcoin mining in the country, which would see the use of geothermal energy to power BTC mining activities in the country.  Geothermal Energy for Bitcoin Mining Still in Place El Salvador President Nayib Bukele in a tweet...

Global investment management firm VanEck has submitted a proposal to the U.S  Securities and Exchange Commission (SEC), for a Bitcoin futures mutual fund.  No Direct Investment in Bitcoin In a Form N-1A filing with the SEC on Monday (June 21, 2021), VanEck stated that the Bitcoin Strategy Fund seeks to...

Swiss-based blockchain protocol Concordium AG has announced its inclusion as a full member of the Japan Blockchain Association (JBA). This development is a significant milestone as Concordium becomes the first overseas blockchain platform to join the prestigious association. Concordium AG joins JBA  Concordium revealed this development in a press release...

Lawmakers in the U.S. state of Colorado have greenlighted a bill that seeks to empower Universities to study the potential use case of blockchain and other new technologies in water management, according to reports on June 20, 2021. Colorado Tackles Impending Water Shortage  According to the United States Bureau of...

When crypto enthusiasts get started with trading, they usually stick to the top cryptocurrencies and expect outstanding returns. But there is a catch to that.  You cannot expect massive growth from a cryptocurrency with tens of billions in market cap. Why so? That's simply because there is no room to...

The Kusama team has announced via Twitter on June 22, 2021, that Karura (KAR) has emerged as the winner of the first-ever Kusama (KSM) parachain auction. The team says over 15,000 participants locked up their KSM tokens in favor of Karura. Karura (KAR) Becomes First Kusama Parachain The months of...

The United Kingdom Financial Conduct Authority (FCA) has issued a warning against over 100 cryptocurrency firms who are operating without license in the U.K. FCA Says FOMO Causing Increased Investment in Crypto According to Reuters on Tuesday (June 22, 2021), the FCA’s head of enforcement and market oversight, Mark Steward,...

The Wyoming Division of Banking has awarded a bank charter to digital asset bank Wyoming Deposit and Transfer (WDT). WDT Bags a Bank Charter According to a report by Coindesk, the issuance of the bank charter will allow WTD to offer commercial banking and custodial services for tokenized assets and...

 The total crypto market cap erased $309 billion from its value for the last seven days and now stands at $1,305 billion. The top 10 coins were all in red for the same time period with all of them posting double-digit losses. Dogecoin (DOGE) and Polkadot (DOT) were the worst performers...

The total crypto market cap added $17 billion to its value for the last seven days and now stands at $1,687 billion. The top 10 coins were mostly in red for the same time period with some of them posting double-digit losses. Bitcoin (BTC) was the only gainer with a 9.5...

StakeHound has filed a lawsuit against its cryptocurrency custodian Fireblocks at the Tel Aviv District Court, for allegedly losing the private keys to its $75 million worth of ether (ETH). StakeHound claims the digital currency was lost due to negligence on Fireblocks’ part, as the firm did not backup the...

Anthony Sassano has revealed via Twitter on June 13, 2021, that about 23 percent of the entire Ether supply is now locked in smart contracts just like in June 2016 when the first Ethereum-based decentralized autonomous organization (DAO) went live. The latest figures are quite indicative of Ethereum’s success as...