Auto Added by WPeMatico

14th Anniversary of Bitcoin’s Genesis Block: A Look Back at the Birth of Cryptocurrency

14 years ago on Jan. 3, 2009, Satoshi Nakamoto launched the Bitcoin network and block zero at approximately 1:15 p.m. (ET) on a Saturday afternoon. Satoshi’s technology allows “online payments…

Continue Reading14th Anniversary of Bitcoin’s Genesis Block: A Look Back at the Birth of Cryptocurrency

Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert

Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47…

Continue ReadingGemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert

Ancient Bitcoin Block Rewards See Decrease in Spending After Record Activity in 2020 and 2021

In 2021, a number of 2010 block rewards were spent after the bitcoins sat idle for more than a decade. Furthermore, in 2020 and 2021, an early miner from 2010…

Continue ReadingAncient Bitcoin Block Rewards See Decrease in Spending After Record Activity in 2020 and 2021

Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022

According to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec. 2022. On Jan. 1, data shows that $22.95 billion was traded in the last 24 hours, compared to…

Continue ReadingGlobal Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022

Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia

Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase…

Continue ReadingAmid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia

Bill on Digital Ruble Submitted to Russian Parliament

A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form…

Continue ReadingBill on Digital Ruble Submitted to Russian Parliament

China’s Digital Yuan Little Used, Former Central Bank Official Says

Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat…

Continue ReadingChina’s Digital Yuan Little Used, Former Central Bank Official Says

China to Launch ‘Digital Asset Trading Platform,’ Media Report Unveils

A marketplace for digital assets is soon going to open in China under a public-private partnership, local media revealed. According to the report, the goal is to establish a regulated…

Continue ReadingChina to Launch ‘Digital Asset Trading Platform,’ Media Report Unveils