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Weekly overview

Chinese mining giant Canaan doubles profits despite the blanket crypto ban

  • Post author:admin
  • Post published:August 19, 2022
  • Post category:Weekly overview

The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June. Major Chinese cryptocurrency miner manufacturer Canaan appears…

Continue ReadingChinese mining giant Canaan doubles profits despite the blanket crypto ban

Ukraine has shown the value cryptocurrency offers to real people

  • Post author:admin
  • Post published:August 19, 2022
  • Post category:Weekly overview

Ukrainian refugees have used cryptocurrency to survive. And contrary to what critics believe, sanctions have prevented Russia from finding much use for crypto. The world is still struggling to comprehend…

Continue ReadingUkraine has shown the value cryptocurrency offers to real people

Tether reserve attestations to be conducted by major European accounting firm

  • Post author:admin
  • Post published:August 19, 2022
  • Post category:Weekly overview

BDO Italia, a member of the BDO Global accounting organization, will begin producing monthly attestations of Tether’s USDT backing. In a step toward greater transparency and better alignment with international…

Continue ReadingTether reserve attestations to be conducted by major European accounting firm

Bitcoin price heads above $23.5K after highest EU inflation in history

  • Post author:admin
  • Post published:August 19, 2022
  • Post category:Weekly overview

Inflation surprises keep coming, while the European Central Bank refuses to rule out even higher numbers in the future. Bitcoin (BTC) shifted higher on Aug. 18 as the latest data…

Continue ReadingBitcoin price heads above $23.5K after highest EU inflation in history

Ripple CTO lashes back at Vitalik Buterin for his dig at XRP

  • Post author:admin
  • Post published:August 19, 2022
  • Post category:Weekly overview

David Schwartz compared crypto miners in the Ethereum and Bitcoin ecosystems to shareholders of eBay, which he believes makes BTC and ETH securities as well. In a discussion that started…

Continue ReadingRipple CTO lashes back at Vitalik Buterin for his dig at XRP

Celer Network shuts down bridge over potential DNS hijacking

  • Post author:admin
  • Post published:August 19, 2022
  • Post category:Weekly overview

The platform asked users to revoke token approvals for smart contracts on several blockchains, including Ethereum and BSC. Interoperability protocol Celer Network has asked its users to revoke the approval…

Continue ReadingCeler Network shuts down bridge over potential DNS hijacking

Law enforcement should give up trying to access everyone’s data, says legal expert

  • Post author:admin
  • Post published:August 19, 2022
  • Post category:Weekly overview

Ahmed Ghappour explained that sanctioning ideas can lead to criminalizing harmless associations with no ties to other criminal conduct. While some think the Tornado Cash ban may negatively impact other…

Continue ReadingLaw enforcement should give up trying to access everyone’s data, says legal expert
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