Leading Chinese DeFi protocol has lost 99.95% of locked funds in a nearly $25 million hack. Chinese decentralized finance, or DeFi, protocol dForce has been exploited in a $24.95 million hack that has resulted in its Lendf.Me lending platform going offline. According to DeFi data aggregator DeFi Pulse, the total value of funds locked in […]
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How could DLT improve the traditional finance industry, and what adoption challenges lie ahead? Very few banks, or even countries, emerged unscathed from the rubble of the 2008 global financial crisis. The aftermath of the worldwide recession coincided with profound technological innovation and breakthroughs that have forced banks and other financial service providers to reconsider […]
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Stablecoin holds are at a record high totaling over $7.6bn does this make you bullish or bearish? It’s been another bullish week for Bitcoin (BTC) as the price surged past the critical $7,200 resistance, as mentioned in last week’s analysis, all the way to $7,300. However, the price has corrected slightly and is now sitting […]
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With an undercurrent of crypto funding in indie film projects, is there enough potential to disrupt the entire industry? From its obscure beginnings over a decade ago to its current status as the leading cryptocurrency in the world, Bitcoin’s (BTC) tale on its own can make up for a pretty entertaining movie. With the prevalence […]
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As blockchain-focused jobs increase, universities offer blockchain courses that could help students find job opportunities this year. Blockchain, a term once only familiar to Bitcoin (BTC) enthusiasts, is becoming one of the most in-demand business skills for 2020. According to a recent LinkedIn blog post, blockchain technology is the most sought-after hard skill this year. […]
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A new fast and scalable blockchain platform is making waves with high-profile partnerships and backing from big investors. Another day, another mainnet launch. Or at least, that’s sometimes how it can feel in the blockchain space, as every project seems to be scrambling to be the latest and greatest in balancing the trade-offs between speed, […]
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Bitcoin price surged within a few dollars reach of $7,300 before cooling off near the $7,100 support, meaning traders will be keeping a close eye on today’s weekly close. On Saturday Bitcoin (BTC) price punched a hole through the $7,200 resistance, rallying all the way to $7,293 to briefly escape the resistance cluster the price […]
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Bitcoin Cash advocate, Roger Ver, claims he spent thousands of dollars on individual Bitcoin transaction costs in the past. Bitcoin Cash (BCH) proponent, Roger Ver, claims he paid thousands of dollars in Bitcoin (BTC) fees on multiple occasions. “I paid a thousand dollars in fees for a single transaction on the Bitcoin network, more times […]
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After the release of a preprint report which correlates crypto code with prices, a member of the research team said the group looks toward further study in the field. Economic Data Science Theme researcher, Andrea Baronchelli, told Cointelegraph more research on the topic of crypto code / price correlation may be on the horizon following […]
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Data suggests that a portion of the American population may be spending their coronavirus stimulus check on cryptocurrency. A chart published by Brian Armstrong, CEO of United States crypto exchange, Coinbase, suggests that a small portion of the American population may be using their coronavirus stimulus checks to purchase cryptocurrency. A tweet, published by Armstrong […]
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