The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers! Top Stories This Week CFTC charges BitMEX with illegally operating […]
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Uniswap processed $15.3 billion in monthly volume in September, outpacing Coinbase and signalling that DeFi is here to stay. Data from Dune Analytics shows that in the month of September Uniswap decentralized exchange processed $15.371 billion in volume. In the same period, reports indicate that Coinbase processed $13.6 billion. Monthly decentralized exchange volume. Source: Dune […]
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What a statement from a coin whose white paper originally proclaimed it as “a privacy-centric cryptographic currency.” Once viewed as one of the crypto industry’s top privacy-focused assets, Dash (DASH) no longer operates under that classification, according to the Dash Core Group, the body overseeing the asset and its development. When asked if Dash should remain […]
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Three blockchain analytics firms reportedly have Monero-tracking abilities, which could affect XMR price — but can anyone actually track it? Recently, the United States Internal Revenue Service caused a stir in the crypto community when it put a bounty on the head of anonymity-focused crypto-asset Monero (XMR), offering $625,000 to anyone who could effectively track […]
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A society without paper money might be a less equitable society. Those lacking digital connectivity would suffer. In Sweden, cash in circulation represents only 1% of the country’s gross domestic product, and some experts predict the nation will go “totally cashless” by 2023. In China’s largest cities, over 90% of people use WeChat Pay and […]
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Is Ethereum’s recent accumulation an omen of prosperity? Miners and whales signal increased confidence in the coin’s long-term potential. The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, suggest that regular users are returning to Ethereum in response to lower transaction fees. Several influential Ethereum cohorts — including miners and some of Ethereum’s […]
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New data shows that one month after SushiSwap’s vampire mining attack Uniswap is the real beneficiary. SushiSwap is widely thought to have syphoned liquidity from Uniswap but new data from Flipside Crypto, a cryptocurrency on-chain analytics resource, suggests that the decentralized exchange’s launch mechanism actually benefited Uniswap by bringing new money into its liquidity pools. […]
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$1,200 checks for Americans will definitely feature in any deal, says Steven Mnuchin, as DXY weakness opens up opportunities for Bitcoin gains. Bitcoin (BTC) may see a price boost this week as the U.S. dollar currency index (DXY) weakens and one analyst tells American voters to buy. Data showed DXY dropping for a fourth day […]
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The IRS has named the winners of its bounty program to track transactions on privacy tokens and layer-2 protocols. On Wednesday, the IRS awarded two $625,000 contracts looking for tracing tools for privacy token Monero and Layer 2 protocols. The winners were blockchain analytics firms Chainalysis and Integra FEC. The IRS initially publicized its quest […]
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The KuCoin hack is the first high-profile case of a decentralized exchange being used to launder stolen funds. Cybercriminals have continued to come up with new, innovative attack vectors that a lot of prominent crypto platforms are still falling prey to. For example, Johnny Lyu, the CEO of Singapore-based cryptocurrency exchange KuCoin, stated on Sept. […]
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