Bancor claims liquidity providers would risk losing value in their stake due to an issue called impermanent loss. On April 29, the Bancor (BNT) project revealed its plans for the V2 upgrade of its platform. The overhaul addresses some of the major usability issues that have plagued the project since its launch in 2018. With […]
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Hackers have infected the infrastructure of Parkview Medical Center with ransomware that demands cryptocurrency in exchange for an encryption key. Hackers have infected the infrastructure of Parkview Medical Center — the largest health center in Pueblo County, Colorado — with cryptocurrency ransomware. Citing a hospital employee, Fox News reported on April 24 that Meditech — […]
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The president of crypto custodian Anchorage, Diogo Monica, believes that DeFi is exposing the shortcomings of cold storage and manual operations. Cointelegraph spoke to Anchorage co-founder and president, Diogo Monica, to get his take on how the rise of decentralized finance (DeFi) is impacting the crypto custodian sector. Monica stated that the increasing complexity of […]
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Stablecoins and central bank digital currencies have the potential to replace, or at least dramatically improve, bank accounts as they are today. Despite its nascency, central bank digital currencies and their offshoots have rapidly evolved into a serious alternative to typical bank accounts. A CBDC is electronic money issued by a central bank for use […]
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A manual audit of Ethereum’s top 10,000 wallet addresses suggests an incredibly bullish outlook for the transition to Proof-of-Stake. Adam Cochran, the analyst who predicts Ethereum 2.0 staking will cause a new bull run, released a 109-strong Tweetstorm on April 29, revealing his findings from a manual audit of Ethereum’s 10,000 fattest wallets. The conclusion […]
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Arab Bank Switzerland has closed a $10 million+ Series A financing round for Swiss digital asset infrastructure firm Taurus Group. Arab Bank Switzerland has closed a Series A financing round for Swiss digital asset infrastructure firm Taurus Group. While undisclosed, the amount is reported to be an “8-digit” figure in Swiss francs — implying a […]
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The U.K.’s Open University has developed a COVID-19 proof-of-immunity app that combines blockchain with a data solution from web inventor Tim Berners-Lee. The United Kingdom’s Open University has developed a COVID-19 proof-of-immunity app that combines blockchain with a privacy-preserving data solution from web inventor Tim Berners-Lee. The prototype app, undergoing testing as of April 29, […]
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The Telegram Open Network’s operating system will reportedly be available on major app stores in the near future. Google Play market and Apple’s AppStore will reportedly soon feature the Telegram Open Network (TON) operating system (OS), an end-to-end open-source infrastructure that allows developers and users to work with the TON blockchain. The TON OS will […]
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Bitcoin finally reclaims a price level not seen since before March’s major price crash, cementing its pre-halving bull run. Bitcoin (BTC) price finally hit $8,000 on April 29 as a solid week of gains continued to buoy markets. Cryptocurrency market daily overview. Source: Coin360 BTC price returns to $8,000 Data from Cointelegraph Markets and CoinMarketCap […]
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China’s cyberspace commission has issued approvals for 224 blockchain projects, including ventures from the country’s major tech companies. China’s Office of the Central Cyberspace Affairs Commission (OCCAC) has announced its third round of blockchain projects to receive approval from the country’s regulators. 224 distributed ledger technology (DLT) ventures have been added to the commission’s registry, […]
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