While both PoW and PoS have a lot to offer, this year, in particular, is promising to be a special one for proof-of-stake. Proof-of-work and proof-of-stake have a lot of benefits to offer the community, and the discussion around these algorithms has dominated conversations in the cryptocurrency community. The use of staking will become more […]
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Looming Bitcoin futures gaps and mainstream interest are providing the perfect environment for another week of volatility. Bitcoin (BTC) begins a new week at over $11,000 after a wild weekend saw the market crash $1,200 in minutes — will the chaos continue? Cointelegraph gives you five factors that could easily impact Bitcoin price action over […]
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Israel will have its first central securities lending platform this November, built on blockchain technology. The Tel Aviv Stock Exchange (TASE) plans to launch its blockchain-based securities lending pool in November. In an announcement on July 28, TASE said the platform will serve an essential function in the country’s capital markets, which currently lack a […]
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Crypto channel Altcoin Daily run by brothers Aaron and Austin Arnold was reinstated by YouTube after more than two days offline. Another cryptocurrency-related YouTube channel appears to have fallen afoul of the platform’s community policies. According to a July 31 tweet from crypto community members and brothers Aaron and Austin Arnold, their Altcoin Daily channel […]
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A depreciating US dollar as a reserve currency coupled with investors looking for attractive alternatives could see both BTC and gold rise. Major investment banking company Goldman Sachs says the price of gold will rise 20% to reach $2,300 before the end of 2022. The commodity hit new record highs on July 31 at more […]
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Cybergang Evil Corp hackers reportedly demanded $10M to restore full access to Garmin’s customer support services and navigation solutions. Multinational tech company Garmin may have paid some or all of a $10 million crypto ransom to hackers who managed to encrypt the firm’s internal network and take down several of its services on July 23. […]
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Ransomware hackers initially demanded $10 million to restore access to travel firm CWT’s computers and delete any stolen data. U.S.-based corporate travel firm CWT paid $4.5 million in a Bitcoin ransom to hackers who stole sensitive files from the company. According to a July 31 report from Reuters, representatives from CWT (formerly Carlson Wagonlit Travel) […]
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A basic framework of useful metrics to assess the true risk of a crypto fund as a quantitative screening tool. Digital assets, as a new asset class, exhibit interesting characteristics that could benefit a diversified portfolio of traditional assets. There are, however, many ways to get exposed to digital assets — passive investment, actively managed, […]
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Decentralized finance should include decentralized energy as it uses DApps and blockchain and has the same logic, says Lition. Decentralized Energy (DeEn) leverage DApps and smart contracts on Ethereum to conduct transactions and trade energy assets. In a paper released July 31, Lition, a Berlin-based sustainable tech startup that has launched a blockchain-based marketplace allowing […]
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Former Bank of China vice president says digital currencies can be a substitute for cash on circulation. The former vice president of China’s central bank pushed for central bank digital currencies positioning it as a substitute for cash in circulation. Wang Yongli, former vice president of Bank of China and a director of the Haixia […]
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