The asset’s new multichain partner makes it so. As part of an initiative bringing stablecoin USD Coin (USDC) to other blockchains, USDC is now available on the public Algorand blockchain. This is in addition to its existing availability as an Ethereum-based token. Offering USDC on Algorand gives the asset layer 1 scalability, touting more than […]
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If the bulls can find momentum from the current bounce in Bitcoin and altcoins a short-term bottom may be in place. The short-term gyrations in crypto and stock prices are usually based on sentiment and technicals, while the long-term trends generally follow stronger underlying fundamentals. Therefore, if the fundamentals do not weaken, smart investors view […]
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Hot wallet attacks have been making a lot of headlines lately. Crypto exchange Eterbase recently fell victim to a hack of its hot wallets. According to a statement issued by the Slovak Republic-based exchange, hackers extracted approximately $5.4 million from the exchange’s accounts on August 8. Shortly thereafter, Eterbase assured users that law enforcement had […]
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This will be made possible thanks to an alliance between a number of top industry players. Minecraft, a best-selling game and worldwide phenomenon, is about to make its debut in the non-fungible token, or NFT, business thanks to a partnership between two players in the blockchain industry. According to the announcement, Japanese crypto exchange Coincheck […]
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But that may not mean what you think it means. In its latest crypto newsletter, Bloomberg said that according to its records, the correlation between Bitcoin (BTC) and gold is at its highest level since 2010: Bitcoin and gold correlation. Source: Coin Metrics. If you look at the chart above or find other charts online […]
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A new analytics firm scores a major contract with the U.S. tax agency, which has been upping its crypto engagement left and right. On Sept. 8, the IRS’s criminal investigation department signed a $249,900 contract with a blockchain analytics firm to expand its crypto tracing tools. The contract provides limited information, but it follows an overarching […]
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Bitcoin for the survival win? Celebrity and podcaster Adam Curry described the importance of Bitcoin (BTC) to podcaster and comedian Joe Rogan. He posited the asset’s importance amid an internet-based world which thrives on personal data sales, banking activities, and centralized control. “The apocalypse is coming, and you’re gonna need a Bitcoin — at least […]
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Chef Nomi seemed sincere to Sam Bankman-Fried, but greed probably took over. In the wake of the sudden departure of Chef Nomi, the original founder of SushiSwap, FTX exchange CEO Sam Bankman-Fried was left to sort out the mess. Cointelegraph interviewed Bankman-Fried about his Sushi-related adventures and his vision for the future of the project. […]
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Ethereum 2.0 will lose the first-mover advantage its first iteration had. How does it stack up against the extensive competition in 2020? After several years in development, Ethereum 2.0 is now more tantalizingly close than ever before. Despite a shaky start with the Medalla testnet, it seems that development is still on track. Prysmatic Labs […]
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What does blockchain tech have to do with art? Find out during this upcoming panel from Cointelegraph and CV Labs. Many believe that Blockchain technology has the potential to transform the art industry. To prove this hypothesis, a blockchain firm in Switzerland is hosting, alongside Cointelegraph, its first online event devoted to blockchain in art. […]
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