They thought they had it made, but the Malaysian authorities were one step ahead. Malaysian police arrested four cryptocurrency mining operators after discovering that they were stealing electricity from the state-owned power firm, Sarawak Energy Berhad, or SEB. According to Malay Mail, authorities spent two days cracking down on four shophouses, believed to be housing […]
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How does such a seemingly omnipotent company fail to do something so basic? Users of the Uniswap decentralized exchange could be at risk thanks to a new Google ad. “URGENT WARNING FOR ANYONE USING UNISWAP,” crypto influencer and YouTuber, BitBoy, said in an Aug. 11 tweet. Tagging Google’s Twitter accounts, he added: “Google you should […]
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Can learning an industry’s vocabulary help beginners gain a greater understanding of the industry itself? According to author Cahill Camden, “Decoding Digital: What is Cryptocurrency” was inspired by a conversation with his parents at the height of the crypto bubble in early 2018, which was along the lines of “Ok, we don’t have that much […]
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New data shows more than 50% of DAI is locked in Compound and this raises concerns about DAI’s long term prospects. Data from blockchain intelligence firm Flipside Crypto show that 50% of DAI, Maker’s decentralized stablecoin, is now on Compound (COMP). While the figure seems a positive factor for COMP’s growth, it shows a concerning […]
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Chainlink’s integration domination continues. Plasm, a smart contract protocol built on Polkadot’s Substrate framework, has integrated Chainlink’s (LINK) price feeds. Interestingly, the oracle project itself will likely soon become a Polkadot parachain. Polkadot has a modular design wherein various parachains serve particular use cases. Its mainnet does not have smart contracts, but Plasm hopes to […]
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Bitcoin price is slowly recovering from yesterday’s $700 drop but is another shot at $12K expected in the short term? On August 11 the price of gold and silver showed some corrective movements, the same was seen in the cryptomarket. Bitcoin (BTC) dropped by $700 from $11,800 to $11,100 in one day, marking a short […]
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Cointelegraph Consulting now offers two newsletters per month containing crypto trading and investing intel. Every 1st and 15th, Cointelegraph Consulting provides the latest inside scoop on cryptocurrency price action and rationale in its Market Insights newsletter. Here’s a preview of one of this month’s editions. Editor’s note Crypto asset prices have flown upward in recent […]
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Has the meteoric rise of DeFi tech been brewing behind the scenes for quite some time now, or is it just a fluke? It’s no secret that 2020 has been the year of decentralized finance when it comes to the crypto world. In this regard, a number of DeFi tokens have enjoyed value surges recently, […]
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The time has come for policymakers and regulators to provide a workable pathway that allows blockchain tech to develop and grow. In February, United States Securities and Exchange Commission Commissioner Hester Peirce was asked to give her opinion on the SEC’s case against Telegram. She declined to comment at the time, as SEC officials do […]
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As the world becomes more and more digital, the solution to the question of ownership is already here in the form of NFTs. In early July 2020, the total sales of nonfungible tokens, or NFT, hit $100 million. And that is just the start. As the DeFi market reached $4 billion in locked value and […]
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