Month: March 2020

Bitcoin (BTC) balances of the major exchanges are at their lowest point since 2019. Calm waters ahead? From a high in mid-January, the number of Bitcoins on deposit at major exchanges has dropped significantly in following months. This trend accelerated after the recent market collapse....

Blockchain firm Lightning Labs drafted the specifications of a new Lightning Network-based authentication system that could replace traditional email-based accounts. According to a March 30 announcement, the Lightning Service Authentication Tokens (LSAT) is a new authentication protocol for paid services. The system issues Lightning-based tokens...

Changpeng Zhao, known as CZ — the man behind Binance, one of the largest cryptocurrency exchanges in the world — took part in Cointelegraph China HUB, an online interview column started by Cointelegraph China. Cointelegraph：The markets are currently seeing high volatility, which has challenged Bitcoin’s...

Coinbase reports that it migrated its Tezos (XTZ) staking bakery from the United States to Ireland while incurring just one minute of downtime on March 31. Since launching its staking service for XTZ in 2019, the exchange has come to operate the largest validator in...

Open-source payments network Celo has announced its first round of development grant recipients. A press release shared with Cointelegraph states that Celo has awarded $700,000 in grants to 13 different companies who are looking to build on top of the network, contribute to the development...

The Bitcoin (BTC) network hash rate took a steep dive on March 26, dropping by a whopping 15.95%, which is a 45% sink from its peak highs of 2020. The hash rate dipped from 136.2 quintillion hashes per second on March 1 to just 75.7...

After facing multiple delays, the adoption of Russia’s major cryptocurrency law will be postponed again, now due to the coronavirus. Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, says that the country’s crypto law — the bill “On Digital Financial Assets”...

Institutions will now be able to trade on every single crypto market simultaneously thanks to GlobalX, an API platform launched on March 31 by San Francisco-based firm Apifiny. The startup hired former executives of Google X, Kraken and AlphaPoint to promote the service. Specifically, Josh...

Bitcoin (BTC) miners will continue to capitulate due to low prices, but upcoming events for Bitcoin Cash (BCH) and Bitcoin SV (BSV) will fuel the turmoil, says a new forecast. In the latest edition of its State of the Network reports on March 31, Coin...

Blockchain development firm Bitfury is re-assigning the computing power it uses for digital currency transaction processing to COVID-19 research. In an announcement on March 31, the company revealed that it had been allocating its high-powered GPU-enabled computing nodes to run COVID-19 calculations as of March...