As the inaugural MakerDAO debt auction comes to an end, $4.3 million in under-collateralized Dai will be burned, and bidders in the second phase bagged the biggest deals. As the first MakerDAO debt auction draws to a close, March 23, a total of $4.3 million worth of undercollateralized Dai (DAI) has been bid across both […]
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Bank of China continues its anti-crypto narrative and urges the public to pay attention to crypto scams on its official WeChat account. Financial markets are facing their worst crisis since 1929 and people are looking for alternatives to protect themselves from the crash. One option being considered by many is cryptocurrency. In response, Bank of […]
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The creator of FarmVille is developing a blockchain game network that he claims will revolutionize the gaming experience by providing full ownership over in-game items. The creator of the popular Facebook game FarmVille, Eric Schiermeye, has transitioned to the blockchain gaming industry. Blockchain Game Partners, for which Schiermeyer is the founder and CEO, has announced […]
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Earning interest on your assets is only the tip of the iceberg for the thriving crypto lending ecosystem; opportunities abound to make hodl’d assets more productive. What is the future of crypto lending? While liquidations are saved for last because of the limited opportunity, it’s important to recognize liquidations are a key part of the […]
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The encryption process generates cryptographic keys that are used to lock (encrypt) and unlock (decrypt) data. There are two forms of encryption keys: symmetric and asymmetric. Key management providers, examples While many exchanges or custodians still operate a multisig cold wallet approach, there are now several key management providers on the market. Unbound Tech is […]
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Singapore’s Appeals Court has rejected Quoine’s appeal, ruling that the exchange must pay damages to a market maker for seven wrongfully reversed trades. In the country’s first legal dispute involving cryptocurrency, the Singapore Court of Appeals has ruled that virtual currency exchange Quoine must pay damages to electronic market maker B2C2. The damages are for […]
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Regular, non-random Bitcoin outflows from FCoin’s cold wallet point to an exit scam amid the crypto exchange platform’s shutdown. Less than two years after bursting onto the scene, Chinese crypto exchange FCoin has shut down its operations. The platform, founded by Zhang Jian, also says it may be unable to pay the 7,000 to 13,000 Bitcoin […]
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Bitcoin Gold appears to have been taken over by a single whale that controls price action and is preventing the coin from rising too quickly for a later sell-off. Bitcoin Gold (BTG)’s price is being manipulated by a whale controlling close to half of the circulating supply. These are the findings of an analysis conducted […]
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FCoin comes up short, failing to pay out up to 7,000 to 13,000 BTC (around $67 million to $125 million) to users. Zhang Jian, founder of Chinese crypto exchange Fcoin, revealed in a post earlier today that FCoin may not be able to pay the 7,000-13,000 BTC (that’s $67 million to $125 million) that it […]
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Decentralized social media is not so distant future as it might sound, meanwhile, there are serious obstacles that need to be solved before it becomes our present. Back in December 2019, Jack Dorsey, the founder and CEO of Twitter and payments operator Square, announced a new team dubbed Bluesky, to work on decentralized social media […]
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