Will altcoins rally as Bitcoin price stagnates, and is DeFi producing a bubble? Here’s what’s driving the altcoin season. With Bitcoin dropping below the $12,000 level and pulling back to $11,400 in the last few days, altcoins also seem to have lost their momentum, even after their impressive gains since the start of 2020. However, […]
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How institutions store and secure digital assets have a fundamental impact on transaction fees. Transaction costs on the Ethereum blockchain are at record highs, and no one will let you forget it. Reports often detail how decentralized finance platforms are the cause of ever-rising gas fees — tokens paid to miners who confirm and enable […]
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Unfortunate “crypto” brand name causes the company to shut down. Crypto International, a successor of controversial Swiss company Crypto AG, is reportedly dismissing dozens of employees following a major spying scandal. As many as 70 employees had to quit Crypto International after Crypto AG was found to be selling backdoored products to benefit agencies like […]
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Yearn.finance’s YFI token has hit a new all-time high following Aave’s listing and a hint at FTX partnership. YFI, the native token of the Decentralized Finance (DeFi) giant yearn.finance, achieved a new all-time high. It soared by 30% in the last 12 hours from $14,017 to $18,169, entering price discovery. The price chart of yearn.finance’s […]
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A key bull trigger for Bitcoin reemerges as even a Visa executive pours scorn on the Fed and calls on consumers to “opt out with Bitcoin.” Bitcoin (BTC) is inches away from getting the same boost that helped it hit $12,500 earlier this month, data shows. On Aug. 28, the U.S. dollar currency index (DXY), […]
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The FBI have arrested one of the conspirators in a planned ransomware attack against electric car maker Tesla. A young Russian citizen and his co-conspirators came within an inch of carrying out a major ransomware attack against Tesla — unaware that their target had already turned them in. Last week, the United States Federal Bureau […]
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A forex exchange in Japan will start crypto CFD trading soon. Japanese financial giant SBI Holdings is preparing to launch contract-for-difference (CFD) trading for major cryptocurrencies like Bitcoin (BTC). Starting Aug. 31, SBI Holdings will start CFD trading service for crypto assets like Bitcoin, Ether (ETH), and XRP, Cointelegraph Japan reports on Aug. 28. As […]
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Bulls are still king as market signs point up, not down, says filbfilb — but Friday’s futures expiry could spell trouble. Bitcoin (BTC) can still top $13,000 and higher as a series of “non-events” still leave bulls in a powerful position. Data from Coin360 and Cointelegraph Markets showed BTC/USD climbing towards $11,500 on Aug. 28, […]
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An Australian university blockchain hub has been linked to a right-wing think-tank, causing controversy among uni staff members. The RMIT Blockchain Innovation Hub’s association with influential right-wing think-tank The Institute of Public Affairs has been roundly criticised in a 1200-word news feature in Guardian Australia by other members of staff. The hub received $6 million […]
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Many prominent crypto players responded positively to the SEC decision, while others said the move falls short Major players in the crypto community have responded to the U.S. Securities and Exchange Commission recently amending its definition of an “accredited investor”. While many gave positive feedback, some say the new rules don’t go far enough. On […]
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