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Cryptocurrency News

Location American Cryptocurrency News for 12 December 2021
Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster 'Groundbreaking ZK Rollup Tech' On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order ...
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Rich Dad Poor Dad's Robert Kiyosaki Insists Depression Is Coming - Predicts 'Gold, Silver, Bitcoin, Real Estate Will Crash Too' The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says a crash and a depression are coming, predicting that “Gold, silver, bitcoin, real estate will crash too.” He added that he is getting ready...
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Thailand Doesn't Prohibit Crypto Use for Payments but Warns of Price Fluctuation Bank of Thailand’s officials say that using cryptocurrency as a means of payment is not illegal. However, they added that users “must be able to accept the risks,” including price fluctuation. Using Crypto to Pay f...
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Ascendex Hacked -- Exchange Loses $77 Million in ERC20, BSC, Polygon Tokens Ascendex, a cryptocurrency exchange, suffered a security breach that allowed hackers to take control of some of the wallets of the exchange. The attack focused on hot wallets, where funds are kept as a buffer to tend to ...
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2 key Bitcoin trading metrics suggest BTC price has bottomed Bitcoin price has yet to reclaim the $50,000 level, but the actions of options market makers and margin traders at Bitfinex suggest the most recent correction is over.
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Bitcoin Hashrate Hits an All-Time High Suggesting Thousands of Next-Gen Machines Have Joined the Race While bitcoin prices have consolidated around the $50K zone, the network’s hashrate has reached an all-time high (ATH) on December 8, 2021, tapping 194.95 exahash per second. Bitcoin miners have increased their process...
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'There's More Work to Do' -- 11 Years Ago, Satoshi Nakamoto Sent a Final Message to the Bitcoin Community To this day, Satoshi Nakamoto is one of Bitcoin’s biggest mysteries as people have searched far and wide to uncover the creator’s identity. 11 years ago, on December 12, 2010, the pseudonymous blockchain programmer (...
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Prime Minister Modi's Twitter Account Hacked -- Tweets Bitcoin Legal Tender in India, Government Giving Away BTC The Twitter account of Indian Prime Minister Narendra Modi was compromised and a tweet was posted claiming that the government of India has adopted bitcoin as legal tender and purchased 500 coins to distribute to all res...
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Inside the blockchain developer's mind: Proof-of-stake blockchain consensus Gaining a deeper understanding of a popular -- but widely misunderstood -- concept in blockchain technology: the consensus algorithm.
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Power Utility Sues Russians Mining Cryptocurrency at Their Homes, Raises Electricity Rates A Russian power utility has found a way to increase electricity prices for consumers mining cryptocurrency using household electricity. The regional distribution company has taken dozens of amateur miners to court and ha...
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How Global Economy Might Affect Bitcoin, Ethereum, and Crypto in 2022 _______ _______ The crypto market has had one of its best years on record, and it largely has the global macroeconomic environment to thank for this. With inflation rising and interest rates historically low, those of us...
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4 Reasons Why Museums Aren't Cashing in on NFTs yet

Crypto News - 12 Dec 2021 11:00
4 Reasons Why Museums Aren't Cashing in on NFTs yet Brian Mittendorf, Fisher Designated Professor of Accounting, The Ohio State University, and Sean Stein Smith, Assistant Professor of Economics and Business, Lehman College, CUNY. ______...
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Russia's Federation Council to Set Up Working Group on Crypto Regulations The Federation Council of the Russian legislature is forming a working group expected to propose comprehensive regulations for cryptocurrencies. Officials from several ministries and government agencies, as well as membe...
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Indian prime minister Modi's hacked Twitter account attempts BTC scam Soon after Modi's Twitter account with over 73.4 million followers got hacked, attackers shared misleading information about the mainstream adoption of Bitcoin and a 500 BTC giveaway.
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