Ripple CEO Brad Garlinghouse says the network is working as planned. Ripple (XRP) CEO Brad Garlinghouse has responded to criticism from New York Times technology reporter Nathaniel Popper after news surfaced that Santander Bank is still hesitant to use the company’s native token XRP. Popper took aim at Garlinghouse, citing statements by the CEO in […]
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Data from Santiment indicates that the power behind Chainlink’s rally to new ATHs may be dwindling. Chainlink rallied another 4% today, maintaining its place as the fifth largest crypto asset by market cap — but are investors starting to become skittish? According to on-chain analytics resource Santiment, Chainlink (LINK) investors may be “becoming increasingly uncertain […]
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Paying more than $8,000 in fees, an unknown developer has prematurely deployed Curve’s tokens and contracts resulting in an unexpected launch. Decentralized finance (DeFi) project Curve has been forced to launch its DAO and governance token CRV prematurely after an anonymous developer deployed the contracts without the knowledge of the official team. The developer tweeted […]
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BitMEX will launch a user verification program to create a more trusted and secure trading environment. Cryptocurrency derivatives exchange BitMEX will be launching a user verification program on August 28, requiring all customers to complete ID checks within the next six months. But as a sweetener, they’re offering a trading competition that’s only available to […]
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‘Now is the time to invest in Bitcoin,’ the full-page ad in UK-based international business newspaper Financial Times states. Mike Novogratz’s Galaxy Digital is following in Grayscale Investments’ footsteps by releasing an ad for cryptocurrency to the general public, this time using print media. A full-page ad for the cryptocurrency investment bank appeared in the […]
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$89 billion dollar investment giant BlackRock now indirectly holds Bitcoin after MicroStrategy purchased 21,454 Bitcoin this week. Earlier this week Bitcoin (BTC) bulls and crypto investors were thrilled by the news that MicroStrategy, a Nasdaq-listed business intelligence company worth $1.2 billion, had formally adopted Bitcoin as its primary reserve asset by purchasing 21,454 BTC ($250 […]
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A single mistake cost them everything. The now notorious project, Yam.Finance, was launched without a proper code audit just like many other projects in the space. Richard Ma, the CEO of blockchain security company Quantstamp, told Cointelegrpah that many DeFi projects are launched unaudited in order to capitalize on reverse psychology: “Not having an audit […]
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Dave Portnoy now knows more about crypto. Barstool Sports founder, Dave Portnoy, posted a video of his meeting with Gemini exchange founders, Tyler and Cameron Winklevoss, on Twitter. Portnoy, also known as Davey Day Trader on Twitter for his stock trading antics, recently invited the Winklevoss twins over to his house to teach him about […]
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Crypto crime joins the gig economy. Avaddon, a new ransomware-as-a-service, or RaaS, protocol, is the latest to jump on the crypto extortion bandwagon. Similar to ransomware from groups like Maze and REvil, the Avaddon project offers revenue-sharing for users who successfully deploy the software on unsuspecting victims. According to research by the cyber intelligence firm, […]
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Getting all the facts right is hard, especially when you don’t have internet access. Ross Ulbricht, the founder of SilkRoad, has issued a short follow-up to his essay on MakerDAO (MKR) and how it could be redesigned and improved. The follow-up amounts to a small correction to an assumption he made earlier about the Maker […]
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