A second transaction has been confirmed on the Ethereum blockchain with a $2.6 million gas fee, confusing the crypto community. A second transaction of 350 Ether (ETH) ($86,000 at press time) with an incredible $2.6 million gas fee has just been confirmed on the Ethereum blockchain less than 24 hours after the first transaction for […]
Continue Reading
According to crypto analyst Willy Woo, a $1 investment in Bitcoin a decade ago would be enough to retire on, while the price of gold has barely moved. An investor who put $1 into Bitcoin a decade ago would have enough money to buy a luxury yacht — but those who invested the same amount […]
Continue Reading
The latest analysis from Willy Woo shines an amusing light on gold’s performance as an investment over the past eleven years. A $1 investment in Bitcoin (BTC) in 2009 would buy a luxury yacht today — but $1 of gold would only buy you a chocolate bar. That was the result of a comparison from […]
Continue Reading
The DeFi sector can embrace a positive future by following comprehensive security audits and by ensuring best practice in due diligence and quality assurance. Decentralized finance, commonly referred to as DeFi, has grabbed the attention of mainstream financial and technology audiences alike. While the sector has been applauded for bringing about innovative digital finance solutions […]
Continue Reading
Blockfolio, one of the most popular cryptocurrency portfolio tracking applications, could be a highly desirable target for hackers’ attacks. As of April 22, there are approximately 5,400 cryptocurrencies being traded with a market value of $201 billion United States dollars. The 24-hour daily trading volume has recently been hovering around $100 billion, a key indicator […]
Continue Reading
Decentralized finance still has a few issues to overcome, but new solutions are emerging, which may help bring this technology to a wider audience. Is the missing link interoperability? It’s commonly agreed that one of the major catalysts for DeFi adoption is interoperability — the ability for every tool, smart contract and DApp to interact […]
Continue Reading
The Ledger vs. Trezor beef has a long history, but Ledger’s CTO efforts may have fanned the flames as he reported vulnerabilities his team discovered in its competitor. Trezor and Ledger, two of the most prominent hardware wallet manufacturers, have long been locked in a rivalry. As part of Cointelegraph’s interview with Charles Guillemet, the […]
Continue Reading
Could Bitcoin, the world’s “digital gold,” replace physical gold in the future? As the world turns more digital, crypto’s pioneer asset Bitcoin (BTC) could take on gold’s store of value role, according to the CEO and co-founder of Digital Assets Data, an analytics firm. “I see Bitcoin replacing gold as the hardest money for […]
Continue Reading
Ethereum co-founder Vitalik Buterin suggested that stablecoins could serve as instant cross-blockchain bridges. Ethereum co-founder Vitalik Buterin thinks that the stablecoin industry is missing a valuable opportunity to improve interoperability between different blockchains. In a lengthy Twitter thread on May 20, Buterin suggested that stablecoins could enable users to move value across different blockchains: “In […]
Continue ReadingBugs, management issues and competitors: What challenges is Ethereum facing before its anticipated proof-of-stake upgrade? The launch of Ethereum (ETH) 2.0 may be delayed yet again after developers rescheduled the network’s proof-of-stake algorithm upgrade for June 2020, as reported by Cointelegraph on May 15. Taking into account all of the factors surrounding the highly anticipated […]
Continue Reading