The DeFi cryptocurrency space is attempting to rebound after an eventful week that saw Bitcoin price recover above $10,000. DeFi projects have been dominating headlines as of late, and the unexpected departure by a high-profile founder had ripple effects throughout crypto markets. Here are the top stories from the past week: Bitcoin price hits $9.8K […]
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Oracles have played a major role in the huge growth of the DeFi ecosystem observed in 2020. What are the most popular DeFi protocols running oracles? Open lending/borrowing protocols such as MakerDAO, Compound, Uniswap and Aave use oracles to fetch external data while running on the Ethereum blockchain. MakerDAO is among the most popular DeFi […]
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Despite Ethereum’s proposal to fix its high fees, some feel that more needs to be done to improve the network. The crypto market has been on the receiving end of a market downturn during the past week, with many cryptocurrencies facing drops in valuation almost overnight, raising concerns that a bear market has commenced. Furthermore, […]
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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 Three reasons why Bitcoin suddenly dipped […]
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There is a strong correlation between social trading and copy trading, though they are distinct in their own right and should not be mixed. Social trading can be described as those activities that engage or facilitate interactions among traders to strengthen the crypto community. On the other hand, copy trading is an element of social […]
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The techniques are sophisticated but crypto laundering cases are still relatively small. British multinational security company BAE Systems and the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, have published a report revealing how cybercriminals launder cryptocurrency. According to the study Follow the Money money laundering cases via crypto are still relatively small compared to […]
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As the tech standoff heats up, China launching a CBDC before the U.S. “absolutely does not guarantee global financial preeminence.” Two nations, two visions of the financial future: “The tech cold war is here — and the US isn’t winning,” wrote Ripple co-founder Chris Larsen in an opinion piece for The Hill recently. According to […]
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As the Ryuk ransomware continues to wreak havoc, tracking ransomware payments has become critical in stopping criminals from cashing out. There is still an element of the crypto “Wild West” in 2020, as cryptocurrency stolen through hacks and ransomware attacks is still being cashed out on major exchanges around the world. Ransomware attacks have proved […]
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Crypto needs financial products — simply positioned and simply transparent — to preserve and grow people’s assets in difficult times. With the COVID-19 crisis showing no signs of abating in the United States, central banks around the world have deployed financial airbags in the form of quantitative easing, and they plan to do a lot […]
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Rogue actors are swarming Uniswap with fake tokens designed to capitalize on the growing DeFi hype to defraud investors. It’s hype season in the crypto space once again, and unsuspecting investors are at risk of suffering losses. Riding on the coattails of decentralized finance tokens that have provided staggering yields, rogue actors are flooding automated […]
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