Bitcoin lost its newfound momentum on January 26 as naysayers joined profit-takers in driving prices lower.
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Will Treasury Secretary Janet Yellen be good for crypto? The jury is still out (Photo: Wikimedia Commons)Janet Yellen confirmed as Treasury Secretary
While her top financial regulators have strong pro-crypto backgrounds, Quantum Economics’ Mati Greenspan fears that Yellen’s collaboration with international regulators could ‘have very harsh consequences for all of crypto’
Last week, Yellen calmed some fears that arose after she said in her Jan. 21 testimony before the Senate Finance Committee that she wanted to “curtail” the “malign activities” that for which digital assets have been used.
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ConsenSys snags key partnership with China’s national blockchain project
The deal between the Ethereum development firm and the government-controlled Blockchain-based Service Network puts Quorum front and center with Chinese DApp developers
Five months after ConsenSys acquired the Quorum blockchain from creator JPMorgan bank, the Brooklyn-based Ethereum development firm has announced a major coup: a partnership with China’s national blockchain project.
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The new Bitcoin Standard Hashrate Tokens seek to bring mining to DeFi (Photo: Bitcoin Standard Group)Five major Bitcoin miners tokenize their hashrate on BTCST
The group will tokenize a total of 25 petahash/second of hashpower into Bitcoin Standard Hashrate Tokens, each representing 0.1 terahash per second
The goal, Binance said at BTCST’s launch, is to “create an efficient market for Bitcoin’s mining power in ways similar to how Grayscale Bitcoin Trust creates institutional liquidity for Bitcoin.”
