Why we are now seeing clear institutional interest in the growing space of decentralized finance that will take it to the next level. The decentralized finance sector has been steadily growing and has begun to see the fruits of its labor. But while there is much hype surrounding DeFi projects and applications, particularly during Bitcoin’s […]
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Bitcoin can scale as an adopted store of value using second-layer solutions, but not on-chain with its current technology says Abra’s CEO. Bill Barhydt, CEO and founder of the Abra digital finance wallet and exchange app, said he sees Bitcoin’s (BTC) blockchain struggling when it comes to on-chain mass adoption of the asset as a […]
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The growing utilization of Chainlink oracles in DeFi protocols has seen LINK’s token price rise considerably, but is a significant decline looming? Chainlink’s token, LINK, is once again among the most talked-about altcoins, having surged over 370% year-to-date. In July alone, the now ninth-largest crypto by market cap has gained close to 80%, with blockchain […]
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Canada’s Ontario Securities Commission officially accuses Coinsquare of market manipulation. Canadian regulator Ontario Securities Commission (OSC) has accused embattled exchange Coinsquare of market manipulation and misleading clients about trading volumes. The OSC alleged Coinsquare, which has been accused of wash-trading and reports of a hack, had “engaged in conduct contrary to Ontario security laws.” The […]
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In a global economic recession, individuals and institutions have been turning away from traditional assets and seeking opportunities in cryptocurrency. The COVID-19 pandemic has been a challenge for everyone, but it has created many opportunities for us in the blockchain industry. In most industries, sales vectors are declining, as bankruptcies and layoffs rule the day. […]
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Cloudflare suffered an outage on July 17, affecting much of the internet, including Bitcoin transactions. Cloudflare, a major company responsible for running an array of functions for websites across the internet, suffered downtime on July 17, affecting a large number of websites’ functionality. The downtime ultimately caused a drop in Bitcoin (BTC) transactions. “The Cloudflare […]
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The recent high-profile hack of Twitter accounts where 12 BTC was stolen is being investigated, and some exchanges may already know who did it. July 15 will go down as an infamous day for Twitter, as an unknown attacker managed to take control of a number of accounts on the social media platform before duping […]
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Cointelegraph cracks down on impersonators claiming to be staff as part of an ongoing investigation with Coinfirm. Over the last several months, a number of people claiming to be Cointelegraph staff have paraded around LinkedIn and Telegram, as well as through email. These efforts often attempt to lure unsuspecting victims into sending payments in exchange […]
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As part of its work with the Stellar blockchain, Abra plans to provide global banking features. Abra, the company behind the global crypto and fiat wallet and exchange app of the same name, plans to give the world banking services underpinned by Stellar’s blockchain — one of the results of the SDF’s $5 million investment […]
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Crypto analysts have recently suggested that Bitcoin options traders are flipping short-term bearish but data shows this is not the case. Bitcoin’s (BTC) consistent failure to break the $9,400 level over the past three weeks has led to some analysts becoming skeptical about the chance of a positive breakout. Although the $9,000 support has been […]
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