How will regulatory troubles and mandatory KYC impact Binance Coin (BNB) price?

How will regulatory troubles and mandatory KYC impact Binance Coin (BNB) price?

Binance Coin (BNB) rallied 30% in two weeks, but the fourth-largest cryptocurrency by market capitalization seems to be struggling to break the $450 resistance. Coincidently, this is the same top from June 3, which was followed by a 48% correction down to $225.Given the similarity of the situation when compared with previous instances, investors have…

Concerns around data privacy are rising, and blockchain is the solution

Concerns around data privacy are rising, and blockchain is the solution

Today’s consumers are willing to trade their data for personalization but have fast-growing concerns about data privacy. In a survey from a digital security and credential issuance company Entrust, only 21% of the respondents trust established global brands to keep their personal information secure.As data privacy pressure on Big Tech increases, these companies are starting…

DeFi regulation must not kill the values behind decentralization

DeFi regulation must not kill the values behind decentralization

Cryptocurrency brought us peer-to-peer payments that continue to elevate participation in the global economy for millions of people without access to traditional banking services. The rise of decentralized finance (DeFi) promises to further expand access to financial services, including savings, lending, derivatives, asset management and insurance products.This innovation, which empowers financial inclusion, should be allowed…

Bitcoin prepares for $50K showdown as futures traders turn ‘modestly bearish’ on BTC

Bitcoin prepares for $50K showdown as futures traders turn ‘modestly bearish’ on BTC

Bitcoin (BTC) edged closer to $50,000 on Sunday as concerns over a bearish downturn made a timely reappearance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Modestly bearish” signs accompany $50,000 run-upData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting a high of $49,830 on Bitstamp on Sunday — itself a three-month record.The weekend had proven the staying…

Walmart seeks crypto product lead, Dogecoin Foundation returns, Coinbase amasses $4B war chest: Holder’s Digest, Aug. 15-21

Walmart seeks crypto product lead, Dogecoin Foundation returns, Coinbase amasses $4B war chest: Holder’s Digest, Aug. 15-21

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekWalmart seeks crypto product lead to drive digital currency strategyOn Aug. 16,…

DeFi proves that charities could be doing more with their money

DeFi proves that charities could be doing more with their money

Most of the stories coming out of the crypto industry this past year have centered around enormous numbers flowing in and out of the space. From stablecoins topping over $100 billion, with Circle raising $440 million in private investment in the spring, to decentralized finance (DeFi) projects like Solana completing a $314 million fundraiser, people love…

Crypto mining needs to be redefined before simply casting it away

Crypto mining needs to be redefined before simply casting it away

Blockchain mining networks are often victims of their success. The two contemporary realities that demarcate the mining landscape and cause blockchains to fall short of what they promise are 1) the ongoing technological arms race driven by inherent competitive greed; and 2) the rising energy costs associated with proof-of-work (PoW) mining. Blockchains built on the…