Compound’s controversial COMP reward scheme triggered a gold rush of yield arbitrage, sending its assets under management and price to new heights. A user reward scheme to distribute the new Compound governance token (COMP) has resulted in a dramatic rise of the value locked in the decentralized finance protocol as traders sought to “farm” the […]
Continue Reading
Bitcoin is flashing some bullish signals as volatility is expected to pick up over the next few days. The current economic environment has made it difficult for pension funds to sustain their expected rate of return. The U.S. Federal Reserve has continued along the path of cutting rates to zero and it seems likely to […]
Continue Reading
Sales were expected to last 48 hours. Spanish soccer giant FC Barcelona has sold out its first FC Barcelona Fan Tokens (BAR), which were sold via sports-focused token platforms Chiliz.net and Socios.com. The $1.3 million sale ran its course in less than two hours. At its peak it sold $777,000 of tokens in less than […]
Continue Reading
Users are even eligible for up to $50 in bonuses. Cryptocurrency exchange ByBit now lets its users exchange over 20 fiat currencies for cryptocurrency. According to an announcement shared with Cointelegraph on June 22, ByBit users can trade their U.S. dollars, Australian dollars, Canadian dollars, euros, Singapore dollars, British pounds sterling and many others for […]
Continue Reading
The Bitcoin blockchain network recently saw its biggest mining difficulty adjustment in more than two years. Yet, the sentiment remains positive. The Bitcoin blockchain network experienced its biggest mining difficulty adjustment in over two years on June 17. Surprisingly, the hash rate of Bitcoin has not dropped off by a large margin. The response of […]
Continue Reading
A study by Scamwatch suggests cryptocurrency scams are a real threat in Australia. Australians filed 1,810 reports of cryptocurrency-related scams in 2019, collectively totaling more than $21.6 million AU ($14.9 million USD). According to a study by Scamwatch, an arm of the Australian Competition and Consumer Commission, younger Australians aged 25 to 34 were those […]
Continue Reading
Binance has a new system for helping miners automatically mine the most profitable coins. Shortly after the launch of its own cryptocurrency mining pool, Binance is adding specialized features to it to help miners make more money. Earlier this month, Binance Pool launched a new feature called “Smart Pool.” It lets miners automatically switch hash […]
Continue Reading
The third part of a series of articles on the advantages and challenges of the usage of blockchain technology for collecting and sharing information, without violating users’ privacy. Some entrepreneurs have been trying to increase data privacy by combining encryption and blockchain technology. There are projects like Oasis Labs and Enigma that focus entirely on […]
Continue Reading
While many experts believe that Telegram has not compromised the security of its customers, some users have reported certain anomalies. In a sudden turn of events, Russia’s communications watchdog — Roskomnadzor — issued a public statement on June 18, announcing that it has lifted its ban on the popular messaging app Telegram. This decision comes […]
Continue Reading
Price performance tends to flip bullish four months after peak whale withdrawals from exchanges — and the next cycle is almost here, data shows. Bitcoin (BTC) investors should buy BTC when whales do one thing in particular — bull runs begin several months later. That was the latest insight from Ki Young Ju, CEO of […]
Continue Reading