By eliminating reasonable stores of value, the fiat economic system incentivizes us to seek debt, hope for luck and take on other poor habits. Bitcoin changes our mental model and we can see it in a lot of people that…
One of the largest cryptocurrency trading exchanges, Huobi, is now considering expanding its services to China. Huobi head Justin Sun believes this will be a big change for the company with the hope that China will contribute positively to its…
Mining is the process of extracting minerals, metals and other resources from the earth. This may require the extraction of minerals from underground deposits or from the surface of the earth. Minerals and resources extracted through mining are used for…
Data shows Bitcoin market sentiment has declined to neutral today as the asset’s price has fallen below the $22,000 level. The Bitcoin Fear and Greed Index Now Points at “Neutral” Sentiment. The “fear and greed index” is an indicator that…
Despite the ongoing crackdown on crypto, China continues to embrace blockchain technology – to the point of launching a National Blockchain Technology Innovation Center in the capital Beijing. According to a China Daily report from February 8, the center will…
Blockchain tokenization has gained more traction in the financial industry recently. It allows people to convert ownership rights or assets into digital form to secure them. In the latest development, German generation bank DekaBank announced plans to release a blockchain-based…
South Korea announced its first independent sanctions related to cryptocurrency theft and cyber attacks against certain North Korean groups and individuals. According to Seoul’s Ministry of Foreign Affairs, four North Korean individuals and seven businesses have been blacklisted for their…
In a highly controversial move, the US Securities and Exchange Commission (SEC) fined crypto exchange Kraken $30 million yesterday and forced it to shut down its staking product. In an announcement Thursday, regulators announced that Kraken failed to register its…
The launch of an exchange project backed by bankrupt hedge fund Three Arrows Capital (3AC) attracted many angry community members who took to Twitter, expressing their disappointment with the state of the crypto space. Open Exchange, a crypto exchange project…
One of the largest Bitcoin ATM operators in the US and Brazil, Coin Cloud, submitted for Chapter 11 Bankruptcy on January 8, after the firm received a heavy blow from the future of crypto and the implosion of FTX, which…