International crypto exchange Bitfinex unexpectedly went offline for all users this afternoon, citing a ‘platform performance issue.’ Bitfinex has been offline for at least two hours as of this writing, and the exchange has no confirmed time when it will be up and running again. According to an Aug. 12 tweet posted by the exchange, […]
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Bitcoin recovered back above $11.5K, leading traders to suggest a renewed attack on $12K could occur soon. Today Bitcoin (BTC) price rebounded from its recent low at $11,125 on Aug 11 to $11,617. This suggests traders are turning optimistic as key data show a significant amount of liquidity for BTC until $12,000. Cryptocurrency daily market […]
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Yam Finance uncovered a bug the day after ShapeShift CEO Erik Voorhees called the project a scam. Yam finance (YAM), the latest fad in the crypto space, recently warned the public of a technical bug affecting the ecosystem. “We have found a bug in the rebasing contract,” the project said in an Aug. 12 tweet. “All […]
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Sounds like Cardano is already contributing to the gig economy. In a recent Cointelegraph interview, Aparna Jue, a product director at IOHK, the Cardano (ADA) development company, opined that even at the current stage of its development, the platform is much more than just a wallet. Cardano recently migrated from the Byron to the Shelly […]
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Peter Brandt didn’t mince his words when describing the controversial stablecoin. “Tether is an accident waiting to happen,” Brandt tweeted on Aug. 10, in response to a separate post looking at USDT’s market cap and the total crypto industry’s market cap in line with overall digital asset volume. “Tether is just another fiat currency,” he […]
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They thought they had it made, but the Malaysian authorities were one step ahead. Malaysian police arrested four cryptocurrency mining operators after discovering that they were stealing electricity from the state-owned power firm, Sarawak Energy Berhad, or SEB. According to Malay Mail, authorities spent two days cracking down on four shophouses, believed to be housing […]
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Collaborating with the government is never easy. Back in July, the Beijing government released its first blockchain application blueprint concerning government services in China. According to Neo Wang, managing partner at public blockchain CWV, this application fell far short for people interested in contributing to the initiative. He told Cointelegraph China that the bar for […]
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How does such a seemingly omnipotent company fail to do something so basic? Users of the Uniswap decentralized exchange could be at risk thanks to a new Google ad. “URGENT WARNING FOR ANYONE USING UNISWAP,” crypto influencer and YouTuber, BitBoy, said in an Aug. 11 tweet. Tagging Google’s Twitter accounts, he added: “Google you should […]
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Can learning an industry’s vocabulary help beginners gain a greater understanding of the industry itself? According to author Cahill Camden, “Decoding Digital: What is Cryptocurrency” was inspired by a conversation with his parents at the height of the crypto bubble in early 2018, which was along the lines of “Ok, we don’t have that much […]
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New data shows more than 50% of DAI is locked in Compound and this raises concerns about DAI’s long term prospects. Data from blockchain intelligence firm Flipside Crypto show that 50% of DAI, Maker’s decentralized stablecoin, is now on Compound (COMP). While the figure seems a positive factor for COMP’s growth, it shows a concerning […]
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