Maker continues to garner criticism due to its onboarding of centralized collateral. The original MakerDAO (MKR) protocol shut down on May 12 at 4 PM UTC after an expedited shutdown procedure was initiated as a result of the Black Thursday events. With Single Collateral DAI, or Sai, only Ethereum (ETH) was usable as collateral for […]
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One techie music artist has hidden Bitcoin in his new album, and it’s up for grabs to whoever solves the associated puzzle. Logic Beach, an instrumental, non-verbal techie sounding music group recently released a new album with Bitcoin (BTC) hidden inside its walls. Listeners are now working find the 12 word seed phrase for the […]
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Bitcoin community removes $200M worth of BTC from exchanges the first day after the halving. Following Bitcoin’s third block halving on May 11, users removed 23,540 Bitcoins (BTC) from online exchanges. This appears to indicate heightened levels of confidence in the asset. It also continues the recent trend of users moving their coins to wallets […]
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Bitcoin price is moving similarly as in April 2019, when BTC surged from the $5,000s to $14,000 in 62 days. Bitcoin (BTC) price is portraying a similar trend seen in April 2019, when BTC surged from $5,000s to $14,000 within two months. Based on the similarity of the price action, there is a possibility that […]
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We have now officially entered the 6.25 block subsidy era, and the fourth Bitcoin halving started to count down. The cryptocurrency industry has just experienced the most anticipated event, Bitcoin’s (BTC) third halving. The last 12.5 Bitcoin block was mined by F2Pool and encoded the message: “NYTimes 09/Apr/2020 With $2.3T Injection, Fed’s Plan Far Exceeds […]
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A new release from Fireblocks boosts transaction speed by 800% and is free to use. Digital asset security specialist, Fireblocks, announced the development of a new multi-party computation, or MPC, algorithm on May 13. The algorithm is claimed to improve the transaction speed for secure digital asset transfer by 800%. Furthermore, digital asset custodians and […]
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Bitfinex cryptocurrency exchange has partnered with London-based digital asset custodian Koine to roll out institution-grade custody and post-trade services. Bitfinex cryptocurrency exchange has partnered with London-based digital asset custodian Koine to roll out institution-grade custody and post-trade services. On May 13, Bitifinex announced that Koine would be providing the exchange with a series of services […]
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Recent reports show an unprecedented increase in the number of women involved in the crypto market, some exchanges see a 160% surge. It is widely believed that the cryptocurrency and blockchain sectors are almost exclusively male-dominated. However, a report released by CoinMarketCap on April 30 suggests otherwise. According to analysts, the number of women in […]
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Agtech startup Agri10x has partnered with the Indian government to boost the income of India’s farmers with the help of its blockchain platform. A blockchain-based agtech startup Agri10x has inked a partnership with the Indian government to help farmers sell their produce directly to buyers. According to a report published by local news outlet Business […]
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Flipside Crypto and Prysm Group have partnered to release the Economic Suite, which lets blockchain projects measure how speculative and decentralized they are. The Economic Suite, developed by Flipside Crypto and Prysm Group, is a new blockchain economic tool that will let projects view advanced economic data about their ecosystem. The partnership, whose results were […]
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