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CasperLabs to become blockchain of choice for the city of Fuzhou, China

CasperLabs is building an open-permissioned blockchain protocol and will be a service provider to China’s Blockchain-based Service Network. 4684 Total views 50 Total shares On Friday, CasperLabs, a blockchain software firm, announced a partnership with China's Blockchain-based Service Network (BSN). Through the agreement, which has been minted as a nonfungible token (NFT) as a sign of commemoration, Casper Network will be added as the blockcha

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Blockchain meets activity tracking: Project rewards healthy habits with tokens

Medical professionals have developed ways to track and store personal health data securely within the blockchain. 4713 Total views 48 Total shares Blockchain use cases continue to grow as the world learns about the benefits that it brings. Apart from bringing financial innovations like the ability to do peer-to-peer transactions, blockchain now makes its way to the health industry. Health specialists created a method to track and store health da

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Stacks ecosystem becomes #1 Web3 project on Bitcoin

There were also 140,000 NFTs minted on the Stacks blockchain during its inaugural year. 13955 Total views 47 Total shares On the first anniversary of the launch of Stacks blockchain (STX), which seeks to make Bitcoin (BTC) programmable, the network achieved over 350 million monthly API requests, 40,000 Hiro (development tool for Stacks to build applications on Bitcoin) wallet downloads, and 2,500 Clarity smart contracts. According to a report by

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'Less sophisticated' malware is stealing millions: Chainalysis

Chainalysis warned that even “low-skilled cybercriminals” are using malware to swipe funds from crypto hodlers. 2539 Total views 7 Total shares Cryptojacking accounted for 73% of the total value received by malware related addresses between 2017 and 2021, according to a new malware report from blockchain analysis firm Chainalysis. Malware is used to conduct nefarious activity on a victim’s device such as a smartphone or PC after being down

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MiamiCoin has now raised $24.7 million... but who will benefit?

CityCoins presented an overview of MiamiCoin technology on the third day of The North American Bitcoin Conference in Miami, Florida. 4993 Total views 76 Total shares Recently, Cointelegraph spoke to Miami Mayor Francis Suarez following the announcement that Miami residents with a digital wallet can earn a Bitcoin dividend. The company that sets up the infrastructure to get Bitcoin dividends into the hands of citizens is CityCoins, an open-sourc

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Turkish ruling party holds meeting in metaverse, talks crypto regulation

Turkey’s governing political party has discussed the upcoming crypto regulation in its first metaverse meeting. 3693 Total views 133 Total shares Ak Party, Turkey’s governing party, held its first metaverse meeting on Monday wherein it discussed upcoming crypto regulation.  The Grand National Assembly of Turkey (TBMM) hosted its first meeting in the metaverse, Cointelegraph Turkey reported. Attending the virtual meeting were TBMM group dep

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Vitalik Buterin gives thumbs down to cross-chain applications

Ethereum's co-founder cites "fundamental security limits of bridges" as the key reason for his disapproval. 31149 Total views 102 Total shares In a Reddit post on Friday, Vitalik Buterin, the co-founder of Ethereum (ETH), outlined critical security concerns surrounding cross-chain bridges in the blockchain ecosystem. As told by Buterin, storing native assets directly-chain (Ethereum on Ethereum, Solana on Solana, etc.) provides a certain degree

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Union Bank of the Philippines selects Metaco and IBM to facilitate digital asset custody operati​​ons

"With the recent launch of our APAC headquarters in Singapore, we can ensure that we continue to offer best-in-class services to UnionBank and other clients in the region," says Patrick Enjalbal, vice president of customer success and managing director of the Asia-Pacific region at Metaco. 2734 Total views 12 Total shares On Thursday, Metaco, an enterprise cryptocurrency platform for securing, trading, issuing and managing digital assets, announ

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Twitter Blue rolls out NFT profile pics for iOS

The feature can only be used by paid Twitter Blue users on iOS. 3469 Total views 55 Total shares On Thursday afternoon, Twitter announced that it would be rolling out iOS support for nonfungible token, or NFT, hexagonal avatars. As of now, only paid subscribers of Twitter Blue using iOS, which costs $2.99 per month, can access the feature. According to a tutorial video, users can connect their wallet, including Coinbase Wallet, Rainbow, MetaMask

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Crypto staking: How to pick the best staking coins for passive income

Because the blockchain puts your crypto to work, it generates incentives (form of passive income) while it is staked. 7322 Total views 41 Total shares What is crypto staking? Crypto staking involves locking up one’s cryptocurrency holdings to earn interest or rewards. Technically, “staking” is how certain blockchain networks verify transactions. From an investor’s perspective, staking cryptocurrency is a way of growing one’s crypto hol

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Stader Labs announce $12.5 million strategic raise, receives praise from Terra founder Do Kwon

There are now over 15,000 unique wallets staking on Stader Labs, with total value locked of around $500 million. 784 Total views 17 Total shares On Thursday, Stader Labs, a crypto firm building decentralized finance, or DeFi, products for proof-of-stake blockchain networks, announced that it raised $12.5 million in a private sale. The funding round was led by Three Arrows Capital with additional participation from Blockchain.com, Accomplice, DAC

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Price analysis 1/5: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE

Technical analysis and on-chain data hint that Bitcoin is gearing up for a volatile move and traders expect altcoins to follow. 20635 Total views 76 Total shares Bitcoin (BTC) and most major altcoins are stuck in a tight range with bulls buying near the support and bears selling at resistance levels. Usually, such tight ranges are followed by an expansion in volatility. Although a few analysts have not ruled out a quick drop to low $40,000s, mos

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Pakistan's president calls for more training in blockchain technology

Among the panel of experts that met with President Arif Alvi was Bitcoin Association founding president and Bitcoin SV advocate Jimmy Nguyen. 3393 Total views 56 Total shares Arif Alvi, currently serving as the president of Pakistan, called for additional training in emerging technologies including blockchain, artificial intelligence and cybersecurity while meeting with a delegation of blockchain technology experts. In a Monday announcement, Alv

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The biggest consumer brands that engaged with crypto in 2021

2021 saw several mainstream brands make their way into the world of cryptocurrencies. Here are some of the biggest names to enter the space. 5181 Total views 66 Total shares 2021 was an exciting year for crypto, with several well-known — some unexpected — brands entering the crypto sector. Here’s looking at you, Charmin, and your toilet paper nonfungible tokens (NFTs). The year saw its fair share of moments that had crypto enthusiasts on t

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Blockchain assessment: How to assess different chains?

Before investing your valuable resources, you should assess blockchain projects based on various factors, including community, use-case, the team behind it, longevity, etc. 6209 Total views 53 Total shares With so many blockchain networks appearing all the time, new or even experienced crypto enthusiasts may feel overwhelmed when it comes to deciding which are the best to invest in. In this guide, we’ll outline the most important aspects of an

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Samsung uses blockchain technology to address climate change

The Galaxy phone maker will lead a tree-planting initiative in Madagascar and track it using distributed ledger technology. 7064 Total views 57 Total shares Samsung Electronics America announced Monday at the CES Tech Conference in Las Vegas its partnership with veritree, a blockchain-based climate solutions platform, to plant 2 million mangrove trees in Madagascar over the next three months. veritree uses blockchain technology to manage the ref

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Turkish ruling party holds meeting in metaverse, talks crypto regulation

Turkey’s governing political party has discussed the upcoming crypto regulation in its first metaverse meeting. 876 Total views 34 Total shares Ak Party, Turkey’s governing party, held its first metaverse meeting on Monday wherein it discussed upcoming crypto regulation.  The Grand National Assembly of Turkey (TBMM) hosted its first meeting in the metaverse, Cointelegraph Turkey reported. Attending the virtual meeting were TBMM group deput

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An Indonesian 22-year-old makes $1M by selling NFT selfies on OpenSea

Ghozali spent five years clicking selfies in front of his computer, which was later converted into NFTs and uploaded to OpenSea in December 2021. 102314 Total views 272 Total shares An Indonesian college student has reportedly become a millionaire by selling nonfungible token (NFT) versions of his selfies on the OpenSea NFT marketplace. Sultan Gustaf Al Ghozali, a 22-year-old computer science student from Semarang, Indonesia, converted and sold

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Unlocking utility is key for fashion brands launching NFTs in 2022

2021 may have been the year for fashion NFTs, but 2022 will require brands to launch NFTs with utility behind them to move the idea forward. 14936 Total views 49 Total shares Nonfungible tokens, or NFTs, have become one of the most discussed markets in the crypto space this year. A recent report from Cointelegraph Research found that NFT sales are aiming for a $17.7 billion record by the end of 2021.  This may very well be the case, as a number

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Price analysis 1/17: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE

Bitcoin and most major altcoins took a turn for the worse after BTC price dipped below $42,000. 12906 Total views 118 Total shares Bitcoin’s (BTC) volatility has been shrinking in the past few days. The standard deviation of daily Bitcoin returns for the last 30 and 60 days as calculated by the Bitcoin Volatility Index is at 2.63%, the least volatile it has been since November 2020. Generally, tight ranges are followed by strong price expansio

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Panther protocol co-founder Oliver Gale discusses bringing zero-knowledge technology to multi-chain

"It's been a blessing and a privilege to participate in a community with over a quarter of a million people who have joined the 'Panther Corps' in the last 12 months," says Gale. 3344 Total views 26 Total shares Privacy coins and zero-knowledge technology, which some use to obfuscate the identity of sends/receivers and transaction amounts, have gained enormous popularity in recent years due to mounting regulatory surveillance against the crypto

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Panther protocol co-founder Oliver Gale discusses bringing zero-knowledge technology to multi-chain

"It's been a blessing and a privilege to participate in a community with over a quarter of a million people who have joined the 'Panther Corps' in the last 12 months," says Gale. 2787 Total views 5 Total shares Privacy coins and zero-knowledge technology, which some use to obfuscate the identity of sends/receivers and transaction amounts, have gained enormous popularity in recent years due to mounting regulatory surveillance against the crypto s

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China aims to separate NFTs from crypto via new blockchain infrastructure

China does not want its crackdown on cryptocurrencies to cause the country to fall behind in the NFT boom. 8266 Total views 60 Total shares China is planning to draw a clear line between cryptocurrencies and nonfungible tokens (NFT) — pretty much the same way it did with its digital currency efforts — before the crypto crackdown in the country harms the local NFT industry. The Blockchain-based Service Network (BSN), a government-backed block

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eToro rolls out smart portfolios for new metaverse investors

Growing confidence in new metaverse markets appears to be solidifying new investment opportunities across the industry. 11193 Total views 56 Total shares Brokerage firm eToro introduced MetaverseLife, a new smart portfolio covering stocks and crypto-assets from within the growing metaverse industry, on Tuesday. The company stated that its goal is to offer a diverse range of investments made for long-term exposure.  Currently included in the por

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CBDCs and stablecoins: EY advises banks to ‘prepare for what’s coming’

A new report from EY highlights the need for a policy change for banks to overcome business uncertainties regarding digital assets. 2656 Total views 39 Total shares Big Four accounting firm Ernst Young has recommended that banks should change their regulatory perimeter to address the oncoming launches of state-backed central bank digital currencies (CBDC) and private stablecoins.  EY’s “2022 Global Regulatory Outlook” highlighted the need

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Checkout.com raises $1B in Series D, bringing valuation to $40B

The British payment platform said it will use funds to further crypto payment processing. 1817 Total views 37 Total shares Global payments processor Checkout.com announced a $1 billion Series D funding round on Wednesday, which marks a total of $1.8 billion raised to date and a $40 billion company valuation. Among the primary investors in the latest round are Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment A

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The biggest consumer brands that engaged with crypto in 2021

2021 saw several mainstream brands make their way into the world of cryptocurrencies. Here are some of the biggest names to enter the space. 5019 Total views 66 Total shares 2021 was an exciting year for crypto, with several well-known — some unexpected — brands entering the crypto sector. Here’s looking at you, Charmin, and your toilet paper nonfungible tokens (NFTs). The year saw its fair share of moments that had crypto enthusiasts on t

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Price analysis 12/20: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE

Bitcoin and most major altcoins are trading below the 200-day SMA, suggesting that bears are in full control. 30011 Total views 117 Total shares Bitcoin (BTC) continues to lose ground in December, a signal that traders may be locking in their gains before the end of the year. The lack of a Santa rally in the U.S. equity markets indicates that the risk-off sentiment prevails due to the uncertainty regarding the spread of the COVID-19 omicron vari

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Komodo to introduce 12 blockchain protocols in the next version of AtomicDEX

The AtomicDEX API claims to be compatible with 99% of cryptocurrencies in existence. 4643 Total views 44 Total shares On Wednesday, Komodo, a multichain architecture network, announced the introduction of 12 protocols on its non-custodial multi-coin software wallet and atomic swap-powered decentralized exchange AtomicDEX. The 12 protocols consist of Avalanche, Polygon, Harmony, Fantom, smartBCH, Ethereum Classic, Moonriver, KuCoin Community Chai

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NYC restaurant claims it will open for NFT holders only

Although the restaurant won’t officially open its doors until 2023, two types of membership are already on sale in Ether. 4058 Total views 124 Total shares VCR Group, the hospitality company founded by entrepreneur Gary Vaynerchuk, announced the live token sale of its latest members-only private dining club in New York City, called Flyfish Club. Prospective seafood-restaurant-goers must purchase their membership on the blockchain, sold as a no

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Human Rights Foundation to grant 425M satoshis as part of its Bitcoin Development Fund

Various educational and developmental Bitcoin projects from around the world have now been granted funding, according to the Foundation. 3650 Total views 46 Total shares The Human Rights Foundation announced on Tuesday that it intends to distribute 425 million satoshis — the smallest divisible unit of a Bitcoin — to various contributors as a part of its ongoing Bitcoin Development Fund. Launched in May 2020, the Bitcoin Development Fund is p

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Axis Bank issues financial contract on state-backed blockchain platform

India’s Ministry of Commerce and Industry developed the SLDE platform for transferring documents using blockchain-based security protocols. 5063 Total views 31 Total shares Indian financial services giant Axis Bank issued a financial contract between two domestic businesses by using a government-backed blockchain platform called Secured Logistics Document Exchange (SLDE). SLDE was developed and released on Jul. 28, 2021, by India’s Ministry

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GME rallies on GameStop NFT plans, Vitalik proposes new gas fee structure, Samsung integrates NFTs with smart TVs: Hodler’s Digest, Jan. 2-8

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Top Bitcoin mining country Kazakhstan turns off internet amid protests Kazakhstan, which accounts for the second-largest Bitcoin mining hash rate in the world, suffered a nationwide int

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OpenSea competitor LooksRare exceeds $394M in sales

The new NFT trading platform already seems to be making waves just days after its launch. 5139 Total views 71 Total shares Daily volume on NFT marketplace LooksRare has already exceeded $394 million following the platform’s official launch on Jan. 10. The platform was able to bring in this customer base by offering only 2% fees on basic sales and zero fees on private sales, compared to competitor OpenSea’s 2.5% fee on every transaction. The

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Samsung announces NFT platform for smart TVs

Upcoming Samsung smart TVs will have a built-in platform where users can browse, buy and sell NFTs. 17291 Total views 290 Total shares South Korean tech giant Samsung revealed a new smart TV lineup with an integrated nonfungible token (NFT) platform. Samsung’s 2022 smart TVs such as Micro LED, Neo QLED and The Frame will have an NFT Platform app that can be used “for discovering, purchasing and trading digital artwork,” according to an an

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Checkout.com raises $1B in Series D, bringing valuation to $40B

The British payment platform said it will use funds to further crypto payment processing. 1563 Total views 34 Total shares Global payments processor Checkout.com announced a $1 billion Series D funding round on Wednesday, which marks a total of $1.8 billion raised to date and a $40 billion company valuation. Among the primary investors in the latest round are Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment A

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Price analysis 1/5: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE

Technical analysis and on-chain data hint that Bitcoin is gearing up for a volatile move and traders expect altcoins to follow. 20214 Total views 76 Total shares Bitcoin (BTC) and most major altcoins are stuck in a tight range with bulls buying near the support and bears selling at resistance levels. Usually, such tight ranges are followed by an expansion in volatility. Although a few analysts have not ruled out a quick drop to low $40,000s, mos

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Can blockchain solve its oracle problem?

A paradox lies at the heart of smart contract-enabled blockchain networks.  They are democratic (distributed), tamper-free (immutable) and transparent, but in order to realize anything close to their real potential, they must connect to the physical world. This imperative makes them subject to some of the vulnerabilities that blockchain technology was designed to surmount — including centralization and opacity. Blockchain oracles are the means by which real-life data — like football s

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NYC restaurant claims it will open for NFT holders only

Although the restaurant won’t officially open its doors until 2023, two types of membership are already on sale in Ether. 1892 Total views 47 Total shares VCR Group, the hospitality company founded by entrepreneur Gary Vaynerchuk, announced the live token sale of its latest members-only private dining club in New York City, called Flyfish Club. Prospective seafood-restaurant-goers must purchase their membership on the blockchain, sold as a non

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Samsung announces NFT platform for smart TVs

Upcoming Samsung smart TVs will have a built-in platform where users can browse, buy and sell NFTs. 17228 Total views 290 Total shares South Korean tech giant Samsung revealed a new smart TV lineup with an integrated nonfungible token (NFT) platform. Samsung’s 2022 smart TVs such as Micro LED, Neo QLED and The Frame will have an NFT Platform app that can be used “for discovering, purchasing and trading digital artwork,” according to an an

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Seba Bank raises $119M in Series C funding

“This funding will allow us to further develop our digital asset banking platform and strengthen our presence in global markets by attracting new talent,” says Guido Buehler, CEO of Seba Bank 591 Total views 21 Total shares Seba Bank, a Swiss-based digital assets banking platform regulated by the Swiss Financial Market Supervisory Authority, announced on Wednesday that it had completed a successful Series C funding round of 110 million Swis

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Finance Redefined: Terra expanding UST and LUNA, and Aave Arc seeks institutional adoption, Dec. 31–Jan. 7

Terra Research presented a governance proposal to expand the influence of UST and LUNA, Aave Arc launched a DeFi pool for whitelisted projects, and WonderFi Tech purchased First Ledger Corp for $162 million — all coming to you in this week’s Finance Redefined. 5947 Total views 71 Total shares Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. The new year is upon us, and the expectations for DeFi innovation,

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What should the crypto industry expect from regulators in 2022? Experts answer, Part 1

One of the most important topics for the entire crypto and blockchain industry is regulation. 2021 was full of news in that area, and one of the most widely discussed topics was the unprecedented experiment in El Salvador, the first country to give Bitcoin (BTC) the status of legal tender. Another hot topic was the United States Securities and Exchange Commission’s approval of the first Bitcoin exchange-traded fund (ETF), which had been awaited for eight years and was hailed as a brea

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Bitcoin-based tracking platform Eggschain partners with Boston IVF

The partnership will use blockchain technology for some of its best-suited use cases in increasing transparency, verifying data and storing sensitive genetic information. 1994 Total views 45 Total shares Bitcoin-based genetic data tracking system Eggschain has announced a partnership with the Boston IVF chain of 30 fertility clinics in the United States. The new partnership will use blockchain technology provided by Eggschain to aid in the track

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Opera to integrate with Polygon, opening DApp ecosystem to 80M users

Browser-crypto integrations have become a major theme as blockchain developers prioritize ease of use in onboarding new participants. 6364 Total views 57 Total shares On Wednesday, Opera, an internet browser with Web 3.0 application support and a built-in crypto wallet, announced an upcoming integration with Polygon (MATIC). The integration, which is scheduled to go live in the first quarter of 2022, will first open Polygon's ecosystem to Opera'

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Price analysis 1/7: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE

Bitcoin and most major altcoins have fallen to key underlying support levels, which could be an early sign of an impending oversold bounce. 27554 Total views 85 Total shares Bitcoin (BTC) and the U.S. equity markets fell sharply on Jan. 5, reacting negatively to the minutes from the Federal Reserve's December FOMC meeting, which showed that the members expect the balance sheet reduction to start after the Fed begins hiking interest rates in earl

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ImmuneFi report $10B in DeFi hacks and losses across 2021

The research reveals that crypto losses in the nature of exploits and rug-pulls saw a 137% rise in comparison to figure calculated in 2020. 3167 Total views 40 Total shares Decentralized finance, or DeFi, security platform and bug bounty service ImmuneFi published an official report on Thursday, which calculated the total volume of losses in the cryptocurrency markets in 2021. According to its report, the company found that losses resulting from

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Bitcoin-based tracking platform Eggschain partners with Boston IVF

The partnership will use blockchain technology for some of its best-suited use cases in increasing transparency, verifying data and storing sensitive genetic information. 1915 Total views 45 Total shares Bitcoin-based genetic data tracking system Eggschain has announced a partnership with the Boston IVF chain of 30 fertility clinics in the United States. The new partnership will use blockchain technology provided by Eggschain to aid in the track

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3 reasons why Cosmos (ATOM) price is near a new all-time high

Newly launched cross-chain bridges to Ethereum and the upcoming Theta upgrade are expanding the Cosmos ecosystem and potential catalysts of ATOM’s recent 75% gain. 24319 Total views 76 Total shares Blockchain network interoperability is shaping up to be one of the main themes for the cryptocurrency ecosystem in 2022. New users are continuing to onboard into the growing world of crypto while both new and established projects search for the chai

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Crypto mainstream adoption: Is it here already? Experts answer, Part 3

During 2020 and 2021, the number of unique crypto wallets increased at a rate of around 20 million per a year, making the count stand at around 80 million today. That means that in only two years, the number of people involved in the space has doubled. Just think about it: That’s more than 1% of the entire planet’s population! And the more people get involved, the more will follow. Isn’t that mainstream adoption? It is for me.  But that’s just my opinion. To gain more insight o

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Dapper Labs becomes the first NFT company to register to lobby with the US government

New implications for the future crypto policies arise as Dapper labs brings NFTs to the conversation. 4397 Total views 85 Total shares Through a public disclosure on Jan 3, Dapper Labs became the first NFT company to federally register to lobby with the U.S. government. The company joins a growing list of influencers within the crypto industry that have taken to the floors of Congress in an effort to influence new policies.  Based in Vancouver,

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Blockchain and the metaverse make inroads at Consumer Electronics Show

Samsung will feature its developments in metaverse technology, with several other companies showcasing blockchain, NFT and crypto integrations with the metaverse. 9038 Total views 113 Total shares Blockchain, metaverse and nonfungible token (NFT) technology are set to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week. The CES is an annual event that features exhibitions of the latest tech advancements and keynote

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Despite the bad rap, NFTs can be a force for good

Crypto is like a double-edged sword, with one good piece of news followed by 10 bad reactions. It’s like being the parent of the hyperactive kid in the kindergarten — he breaks other kids’ toys, bounces off the walls like a demon and the other parents hate him, but you know he’s a sweet, thoughtful and kind soul who will one day find the cure for cancer. And as you stand surveying the debris of his day in kindergarten with the other parents giving you the evil eye and the Montessori t

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Five coins that saw huge gains in 2021

Twelve-month gains for these altcoins range from 673.8% to 29,513,624%. 9231 Total views 43 Total shares The year 2021 was unprecedented for crypto, with Bitcoin (BTC) and Ether (ETH) gaining 60.58% and 408.5% throughout the year, respectively. For the latter, the explosion of decentralized finance (DeFi), nonfungible tokens (NFTs), decentralized applications (DApps) and decentralized exchanges (DEXs) built on its blockchain created a whole new

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Cion Digital secures funds to expand blockchain orchestration platform

The company raised $12 million in seed capital to further its crypto-based financing solutions. 1636 Total views 24 Total shares Cion Digital, a developer for an enterprise SaaS blockchain orchestration platform, announced on Tuesday that it had closed out its recent seed funding round at $12 million. The round was overseen by Green Visor Capital and 645 Ventures who have since joined Cion Digital’s board of directors. Additionally, Cota Capit

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Opera to integrate with Polygon, opening DApp ecosystem to 80M users

Browser-crypto integrations have become a major theme as blockchain developers prioritize ease of use in onboarding new participants. 6304 Total views 57 Total shares On Wednesday, Opera, an internet browser with Web 3.0 application support and a built-in crypto wallet, announced an upcoming integration with Polygon (MATIC). The integration, which is scheduled to go live in the first quarter of 2022, will first open Polygon's ecosystem to Opera'

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Polygon network activity spikes as NFT sales reach new height

Polygon's NFT market continues to attract users, though the demographic is more aligned to gaming companies and developers than collectibles as on the Ethereum network. 8951 Total views 54 Total shares The number of nonfungible tokens (NFT’s) sold on the layer-two protocol Polygon reached an all-time high last month at just short of 2 million.  According to Dune Analytics, this marks a near 60% rise in comparison to November and the third con

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What were the biggest crypto outcomes of 2021? Experts answer, Part 1

It’s time to look back at the year 2021: What has it brought to us? What challenges did we overcome? What will we bring to the new year, and what should we leave in the past? From the rise of nonfungible tokens (NFTs) to Bitcoin (BTC) gaining the new status of legal tender in El Salvador, and from stablecoins gaining attention from regulators and retail consumers to play-to-earn blockchain games and the Metaverse, it was a great year, indeed. To gain more insight on the matter, I reac

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‘We are 50% of the way there,’ says Vitalik on Ethereum’s development

In a two-hour Bankless podcast episode, the Ethereum co-founder discussed his plans to make Eth2 succeed. 33112 Total views 316 Total shares Vitalik Buterin has walked listeners through a five-part roadmap on the latest Bankless podcast where he outlined the necessary steps for Ethereum to survive and thrive. In order to achieve ultimate scalability and decentralization, Butalik claimed that Ethereum needs to be more agile and more lightweight

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Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%

No timeline exists as to when the internet will switch back on in the second-biggest Bitcoin mining country in the world. 89203 Total views 609 Total shares On Wednesday, Kazakhstan, the second-largest country in the world when it comes to Bitcoin (BTC) mining hash rate, experienced unprecedented political unrest due to a sharp rise in fuel prices. As a result, the country's presiding cabinet resigned, but not before the state-owned Kazakhteleco

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Evedo seeks to bring event planning to the blockchain

"We have theaters, disco clubs, event halls. In 2022, we have a goal to onboard 1,000 new venues around the world using seating ticket sales," says CEO and founder Stoyan Angelov. 2111 Total views 7 Total shares Evedo, a platform consisting of business-to-business, or B2B, business to consumer, or B2C, marketplaces, seeks to provide blockchain solutions for businesses and participants involved in organizing events. In an exclusive ask-me-anythin

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Blockchain and the metaverse make inroads at Consumer Electronics Show

Samsung will feature its developments in metaverse technology, with several other companies showcasing blockchain, NFT and crypto integrations with the metaverse. 7952 Total views 113 Total shares Blockchain, metaverse and nonfungible token (NFT) technology are set to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week. The CES is an annual event that features exhibitions of the latest tech advancements and keynote

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Samsung uses blockchain technology to address climate change

The Galaxy phone maker will lead a tree-planting initiative in Madagascar and track it using distributed ledger technology. 6272 Total views 57 Total shares Samsung Electronics America announced Monday at the CES Tech Conference in Las Vegas its partnership with veritree, a blockchain-based climate solutions platform, to plant 2 million mangrove trees in Madagascar over the next three months. veritree uses blockchain technology to manage the ref

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Price analysis 12/20: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE

Bitcoin and most major altcoins are trading below the 200-day SMA, suggesting that bears are in full control. 29858 Total views 117 Total shares Bitcoin (BTC) continues to lose ground in December, a signal that traders may be locking in their gains before the end of the year. The lack of a Santa rally in the U.S. equity markets indicates that the risk-off sentiment prevails due to the uncertainty regarding the spread of the COVID-19 omicron vari

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What’s ahead for crypto and blockchain in 2022? Experts answer, Part 1

Here we are — 2022 has just landed! There’s no better time to ponder over what we can expect for the new year. 2021 opened the way for the creator economy by empowering independent musicians, artists, bloggers and other content creators that rely on digital technologies — and that economy is powered by decentralized technologies. People have been seeking alternative decentralized solutions, leading to the unprecedented rise of the decentralized finance sector, the emergence of DeF

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Biggest NFT drops and sales in 2021

Discover Cointelegraph's top picks for nonfungible token projects with the largest trading volume and communities. 15976 Total views 140 Total shares Nonfungible token, or NFT, became such a tech buzzword in 2021 that even Collins Dictionary declared the abbreviation its word of the year and Google searches for NFTs spiked to record levels. Behind the term is a market that approaches $17 billion, according to Cointelegraph Research. And the NFT

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Cion Digital secures funds to expand blockchain orchestration platform

The company raised $12 million in seed capital to further its crypto-based financing solutions. 1346 Total views 28 Total shares Cion Digital, a developer for an enterprise SaaS blockchain orchestration platform, announced on Tuesday that it had closed out its recent seed funding round at $12 million. The round was overseen by Green Visor Capital and 645 Ventures who have since joined Cion Digital’s board of directors. Additionally, Cota Capit

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What were the biggest crypto outcomes of 2021? Experts answer, Part 2

Apart from what has been already said about the greatest achievements of 2021, I’d like to highlight what was the most important for me. Thanks to emerging technologies with blockchain at their core, we’ve witnessed the rise of the creator economy. That’s what the crypto industry was designed for — to empower people and give them the freedom and access to be in charge of their money and wealth. For me, without any doubt, the creator economy is the biggest outcome of the year. 

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What is a honeypot crypto scam and how to spot it?

A virtual trap to lure attackers so that you can improve security policies is what honeypot aims for! 23883 Total views 122 Total shares What is a crypto honeypot and why is it used? Smart contracts programs across a decentralized network of nodes can be executed on modern blockchains like Ethereum. Smart contracts are becoming more popular and valuable, making them a more appealing target for attackers. Several smart contracts have been target

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DAO aims to raise $5M to resurrect Blockbuster Video

BlockbusterDAO wants to raise at least $5 million to buy the iconic video rental brand from Dish Network and turn it into a streaming film studio. 7630 Total views 114 Total shares A new decentralized autonomous organization (DAO) has been formed with the goal of buying the Blockbuster brand from Dish Network and turning it into a film studio and streaming platform. Blockbuster Video is an American video rental company founded in 1985 that once

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What is a honeypot crypto scam and how to spot it?

A virtual trap to lure attackers so that you can improve security policies is what honeypot aims for! 23529 Total views 122 Total shares What is a crypto honeypot and why is it used? Smart contracts programs across a decentralized network of nodes can be executed on modern blockchains like Ethereum. Smart contracts are becoming more popular and valuable, making them a more appealing target for attackers. Several smart contracts have been target

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Price analysis 12/31: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE

Bitcoin and most major altcoins are attempting a recovery from their strong support levels, indicating that traders continue to buy on dips. 25128 Total views 94 Total shares Bitcoin (BTC) and most major altcoins are attempting a rebound off their respective support levels, indicating that buyers continue to accumulate on dips. Data from Coinglass shows that 9,925 Bitcoin left Coinbase Pro, the professional trading arm of Coinbase, on Dec. 30, a

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President Bukele predicts Bitcoin rally to $100K, further legal adoption and more

Bukele also envisions oncoming explosive growth for El Salvador’s two in-house BTC-based initiatives — Bitcoin City and volcano bonds. 19262 Total views 276 Total shares On Sunday, Salvadoran President Nayib Bukele shared five bullish predictions on Bitcoin’s (BTC) performance for the year 2022.  Last year, El Salvador became the first country to adopt Bitcoin as legal tender under Bukele’s presidency as a countermeasure to the growing

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Samsung announces NFT platform for smart TVs

Upcoming Samsung smart TVs will have a built-in platform where users can browse, buy and sell NFTs. 9839 Total views 138 Total shares South Korean tech giant Samsung revealed a new smart TV lineup with an integrated nonfungible token (NFT) platform. Samsung’s 2022 smart TVs such as Micro LED, Neo QLED and The Frame will have an NFT Platform app that can be used “for discovering, purchasing and trading digital artwork,” according to an ann

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$2.5T crypto market will not wait for nations to onboard: WazirX CEO

“The question for every nation is, do they want to participate and get a share of this pie,” says WazirX CEO Nischal Shetty. 8886 Total views 51 Total shares Nischal Shetty, an Indian entrepreneur and CEO of crypto exchange WazirX, envisions a race between countries to launch their local versions of central bank digital currencies in the coming year.  Speaking to Cointelegraph, Shetty said that the year 2022 would be an extension of the ong

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Ethereum white paper predicted DeFi but missed NFTs: Vitalik Buterin

Buterin still believes that “the internet of money should not cost more than 5 cents per transaction” and highlighted Ethereum’s continued efforts to improve the blockchain’s scalability capabilities. 12642 Total views 90 Total shares Rounding up the last decade, Ethereum co-founder Vitalik Buterin revisited his predictions made over the years, showcasing a knack for being right about abstract ideas than on-production software developmen

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Crypto mainstream adoption: Is it here already? Experts Answer, Part 3

During 2020 and 2021, the number of unique crypto wallets increased at a rate of around 20 million per a year, making the count stand at around 80 million today. That means that in only two years, the number of people involved in the space has doubled. Just think about it: That’s more than 1% of the entire planet’s population! And the more people get involved, the more will follow. Isn’t that mainstream adoption? It is for me.  But that’s just my opinion. To gain more insight o

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Polygon upgrade quietly fixes bug that put $24B of MATIC at risk

“Considering how much was at stake, I believe our team has made the best decisions possible given the circumstances,” said Polygon co-founder Jaynti Kanani. 14120 Total views 86 Total shares Ethereum-based layer-two scaling network Polygon has quietly fixed a vulnerability that put almost $24 billion worth of its native token, MATIC, at risk. According to a Wednesday blog post from Polygon, the “critical” vulnerability in the network

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Reddit co-founder and Polygon launch $200M Web 3.0 social media initiative

“We are still in the early days of Web 3.0, and the most obvious opportunities right now are in gaming and social,” said Ohanian. 19686 Total views 106 Total shares On Friday, Polygon and Alexis Ohanian’s venture capital firm, Seven Seven Six, announced a $200 million initiative backing projects operating at the intersection of social media and Web 3.0. The initiative will focus on gaming applications and social media platforms built on Po

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From art to gaming: The biggest NFT trends of 2021

Pop culture NFTs, blockchain art games, Metaverse NFTs, charity auctions and worldwide NFT art are the year's central themes. 6644 Total views 48 Total shares According to a recent report by Cointelegraph Research, the volume of nonfungible tokens (NFTs) sold this year could eclipse $18 billion. From artwork, music and in-game characters to videos and photographs, these minted certificates of ownership for digital assets on blockchains are well

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Price analysis 12/27: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE

Bitcoin and most major altcoins have risen from their respective support levels, indicating an improving sentiment. 32766 Total views 123 Total shares Bitcoin (BTC) and most major altcoins have bounced off their immediate support levels, indicating that the sentiment is improving and traders are buying on minor dips. Billionaire and Mexico’s third-richest person Ricardo Salinas Pliego said in his Christmas and New Year message to stay away fro

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Hong Kong NFT project Monkey Kingdom loses $1.3M in phishing hack, launches compensation fund

The exploited nonfungible token project is looking to make things right before the holidays with the help of a compensation fund. 6548 Total views 163 Total shares On Tuesday, Solana nonfungible token (NFT) project Monkey Kingdom, which has received notable backing from American DJ Steve Aoki, announced via Twitter that hackers made off with $1.3 million of the community's crypto funds through a security breach on Discord.  According to its dev

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What were the biggest crypto outcomes of 2021? Experts Answer, Part 2

Apart from what has been already said about the greatest achievements of 2021, I’d like to highlight what was the most important for me. Thanks to emerging technologies with blockchain at their core, we’ve witnessed the rise of the creator economy. That’s what the crypto industry was designed for — to empower people and give them the freedom and access to be in charge of their money and wealth. For me, without any doubt, the creator economy is the biggest outcome of the year. 

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Crypto Twitter year in review: 10 influential tweets of 2021

Twitter hosted an abundance of crypto industry action in 2021. Check out a few Crypto Twitter highlights from the year. 6811 Total views 68 Total shares Another year has come and gone in the cryptocurrency industry, leaving behind an ocean of developments, drama, price swings and innovation — all moving at a breakneck pace that even Barry Allen would have a hard time keeping up with. Similar to previous years, Twitter has yet again served as a

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Biggest NFT drops and sales in 2021

Discover Cointelegraph's top picks for nonfungible token projects with the largest trading volume and communities. 14743 Total views 140 Total shares Nonfungible token, or NFT, became such a tech buzzword in 2021 that even Collins Dictionary declared the abbreviation its word of the year and Google searches for NFTs spiked to record levels. Behind the term is a market that approaches $17 billion, according to Cointelegraph Research. And the NFT

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Fractal: 110K join Discord of Twitch founder’s new NFT gaming marketplace

After launching the Fractal NFT gaming marketplace, Twitch co-founder Justin Kan labeled NFTs as the “future of gaming.” 5621 Total views 43 Total shares Twitch co-founder Justin Kan launched a new blockchain gaming-focused nonfungible token (NFT) marketplace on Thursday dubbed Fractal. Fractal’s Discord group has since amassed more than 111,000 members despite only being announced two weeks ago. At the time of writing, it appears that the

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Terabethia cross-chain protocol bridges Internet Computer and Ethereum

The bridge allows users to transact Ethereum native assets at faster speeds with lower cost and store them directly on-chain. 11724 Total views 87 Total shares On Wednesday, Psychedelic, a Web 3.0 development studio building solutions for the Internet Computer, launched Terabethia, a cross-chain contract communication and asset mirroring protocol. Beginning with the Internet Computer and Ethereum, users will have the ability to mirror and use an

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On heritage and NFT: Challenging the meaning of legacy itself

Shaking up the basic concepts of heritage, legacy and history to enter the new era of Web 3.0 with Garry Kasparov through the use of NFTs. 5585 Total views 15 Total shares In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. When trying to examine the nonfu

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Price analysis 12/3: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX

It’s clear that bears have nearly extinguished all signs of bullish momentum after BTC price falls below $52,000 and altcoins take a severe belting. 44839 Total views 133 Total shares Bitcoin (BTC) and Ether (ETH) have turned down from their respective overhead resistance levels, suggesting that bears continue to sell on rallies. New research in Australia suggests that the Ethereum Improvement Proposal (EIP) 1559 upgrade has turned Ether int

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What were the biggest crypto outcomes of 2021? Experts Answer, Part 1

It’s time to look back at the year 2021: What has it brought to us? What challenges did we overcome? What will we bring to the new year, and what should we leave in the past? From the rise of nonfungible tokens (NFTs) to Bitcoin (BTC) gaining the new status of legal tender in El Salvador, and from stablecoins gaining attention from regulators and retail consumers to play-to-earn blockchain games and the Metaverse, it was a great year, indeed. To gain more insight on the matter, I reac

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5 ways derivatives could change the cryptocurrency sector in 2022

Retail and institutional investors love derivatives instruments. Here‘s how they could impact crypto markets in 2022. 5712 Total views 58 Total shares We‘ve all heard stories of billion-dollar future contracts liquidations being the cause of 25% intraday price crashes in Bitcoin (BTC) and Ether (ETH) but the truth is, the industry has been plagued by 100x leverage instruments since BitMEX launched its perpetual futures contract in May 2016.

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A new intro to Bitcoin: The 9-minute read that could change your life

By now, you’ve probably heard of Bitcoin. You may have heard that it has made some people rich. You may also have heard that it’s a new form of digital money and that it’s the future of commerce, or that it’s a criminal enterprise and that it’s bad for the planet. The messaging is confused and confusing, which is partly because no one person controls it — just like Bitcoin, which belongs to… well, all of us. In this short essay, I want to help the Bitcoin-curious understand a few

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Price analysis 12/24: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE

Bitcoin and most major altcoins have broken above their immediate resistance levels, increasing the possibility of a short-term rally. 26971 Total views 74 Total shares Bitcoin (BTC) bounced back above the psychological level at $50,000 and the SP 500 hit a new all-time closing high on Dec. 23, suggesting that the panic selling caused due to the omicron variant is subsiding and the much-awaited “Santa rally” may have started. Data from on-ch

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5 cryptocurrency projects that made waves in 2021

UNI, AAVE, CRV, AXS and DOGE are a few of the top cryptocurrency projects in 2021 that helped transform the face of the cryptocurrency ecosystem and paved the way to mass adoption. 23460 Total views 52 Total shares 2021 was a breakout year for the cryptocurrency market in many respects and most investors are absolutely thrilled that Bitcoin (BTC) price established a new all-time high of $68,789. In the same timeframe, Ether (ETH) went on a parab

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5 cryptocurrency projects that made waves in 2021

UNI, AAVE, CRV, AXS and DOGE are a few of the top cryptocurrency projects in 2021 that helped transform the face of the cryptocurrency ecosystem and paved the way to mass adoption. 23178 Total views 52 Total shares 2021 was a breakout year for the cryptocurrency market in many respects and most investors are absolutely thrilled that Bitcoin (BTC) price established a new all-time high of $68,789. In the same timeframe, Ether (ETH) went on a parab

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Telegram-verified payments bot to accept Toncoin cryptocurrency

Telegram CEO Pavel Durov is proud that the TON project is “alive and evolving” despite Telegram terminating TON last year. 7731 Total views 59 Total shares Telegram co-founder and CEO Pavel Durov has expressed excitement about the Telegram Open Network (TON) technology still developing after Telegram officially abandoned the project last year. “I’m proud that the technology we created is alive and evolving. When it comes to scalability a

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Here's how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal

Polygon's scalability, efficient processing times and very low gas fees provide a solution to Ethereum's current network limitations, according to Nailwal. 27304 Total views 63 Total shares Polygon, a layer-two network designed for scaling and application infrastructure development on Ethereum, has been making the rounds among blockchain enthusiasts as of late. From its $1 billion investment into zero-knowledge technology to co-launching a $200

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Make a wish: New Year's resolutions from crypto industry insiders

The new year is just over a week away, so folks all across the crypto world are thinking ahead to what 2022 will bring to the crypto industry and the world. 4022 Total views 68 Total shares As the new year rapidly approaches, people are thinking about what they can do to make 2022 even better than 2021. With so much anticipation for cryptocurrency in the coming year from government policymakers and market action, it’s no wonder that some in th

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Opera to integrate with Polygon, opening DApp ecosystem to 80M users

Browser-crypto integrations have become a major theme as blockchain developers prioritize ease of use in onboarding new participants. 6020 Total views 57 Total shares On Wednesday, Opera, an internet browser with Web 3.0 application support and a built-in crypto wallet, announced an upcoming integration with Polygon (MATIC). The integration, which is scheduled to go live in the first quarter of 2022, will first open Polygon's ecosystem to Opera'

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Concerts in the Metaverse could lead to a new wave of adoption

Colin Fitzpatrick is a Dubliner based in Dubai who turned a bad time during quarantine into a business that promises to bring your favorite artists to a metaverse near you. His company Animal Concerts, which launches in January, is in the process of signing world-class artists to perform in the decentralized worlds of the Metaverse. Among the first to get the Animal Concerts treatment was Grammy-winning rapper Future, who performed at an in-person Animal Concerts-themed Halloween party in Mi

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Behind the scenes of the first AAA shooter game built on the blockchain

"One of the primary issues preventing wider-scale adoption of games in the crypto space is frictional elements and risk," according to Don Norbury. 24632 Total views 47 Total shares Shrapnel claims to be the world's first AAA shooter game built on the blockchain. The team is comprised of BAFTA and Emmy award-winning developers behind major franchises such as HALO, Call of Duty, Madden, Bioshock, Destiny, Star Wars, Hawken Skylanders, and Westwor

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Bent Finance confirms pool exploit, advises investors to withdraw funds

Bent Finance proactively advised investors to withdraw funds and plans to reimburse losses “one way or another.” 7761 Total views 45 Total shares Staking and farming platform Bent Finance has become the sixth crypto establishment to get hacked this December. The acknowledgment of the attack was followed by requesting investors to withdraw their pool funds and disabling the reward claims on the compromised platform.  Bent Finance first reali

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From DeFi year to decade: Is mass adoption here? Experts Answer, Part 3

In the broadest way, the discourse surrounding crypto has shifted from “what to do with it” to “how to do it.” This is especially the case with the authorities, which are no longer trying to deny decentralized finance but rather trying to figure out how to deal with the industry, as it is clear to everyone that it is here to stay. And their approach is that they either adjust or they will be left behind. This is the same with the legacy finance system: Decentralized finance (DeF

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HSBC and IBM create successful multi-ledger CBDC demo

The two firms successfully executed cross-realm and end-to-end digital asset transactions with the pilot test, which can also settle securities and forex. 9891 Total views 73 Total shares On Thursday, HSBC and IBM announced the successful test of an advanced token and digital wallet settlement between two central bank digital currencies, or CBDCs, in a cloud environment. The experiment consisted of transactions between CBDCs, eBonds and forex. I

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Behind the scenes of the first AAA shooter game built on the blockchain

"One of the primary issues preventing wider-scale adoption of games in the crypto space is frictional elements and risk," according to Don Norbury. 21608 Total views 47 Total shares Shrapnel claims to be the world's first AAA shooter game built on the blockchain. The team is comprised of BAFTA and Emmy award-winning developers behind major franchises such as HALO, Call of Duty, Madden, Bioshock, Destiny, Star Wars, Hawken Skylanders, and Westwor

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Ubisoft pursues NFT initiative with Aleph.im following fan backlash

Ubisoft’s first foray into nonfungible tokens was met with significant backlash from the gaming community. Now, it’s pursuing “dynamic NFTs” with Aleph.im. 5085 Total views 53 Total shares Earlier this year, gaming giant Ubisoft joined the Aleph.im network as a core channel node operator after the blockchain-based storage and computing startup became a part of Ubisoft’s Entrepreneurs Lab. On Tuesday, Aleph.im announced it would offer a

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Blockchain startup sues Brian Armstrong for allegedly stealing its work

Coinbase CEO Brian Armstrong reportedly offered investment in Knowledgr while secretly working on his own competitor project, ResearchHub. 3686 Total views 49 Total shares ResearchHub, a scientific research site founded and self-funded by Coinbase CEO Brian Armstrong, is allegedly based on work stolen from its not-launched competitor, a new court filing suggests. Blockchain accelerator MouseBelt Labs filed on Friday a complaint with the Superior

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Make a wish: New Year's resolutions from crypto industry insiders

The new year is just over a week away, so folks all across the crypto world are thinking ahead to what 2022 will bring to the crypto industry and the world. 2889 Total views 68 Total shares As the new year rapidly approaches, people are thinking about what they can do to make 2022 even better than 2021. With so much anticipation for cryptocurrency in the coming year from government policymakers and market action, it’s no wonder that some in th

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SEBA Bank launches regulated gold token to enable digital ownership of physical gold

“Gold plays a major role in the capital markets. With a market cap of over $11 trillion, it offers investors a reliable hedge against inflation and a store of value irrespective of economic turbulence,” says SEBA Bank CEO Guido Buehler. 4915 Total views 35 Total shares On Wednesday, SEBA Bank, a licensed Swiss digital assets banking platform, launched a regulated digital token backed by physical gold and exchangeable for delivery. SEBA claim

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Arsenal football club in dispute with ASA over ‘irresponsible’ crypto ad

Following the ASA’s decision, Arsenal announced that it would appeal against it and stated that it had provided further information regarding financial risks. 3719 Total views 32 Total shares The Advertising Standards Authority (ASA), a body that oversees advertising in the United Kingdom, is cracking down on non-compliant crypto advertisements.  Earlier this year, Arsenal became one of the many football clubs to collaborate with blockchain f

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Arsenal football club in dispute with ASA over ‘irresponsible’ crypto ad

Following the ASA’s decision, Arsenal announced that it would appeal against it and stated that it had provided further information regarding financial risks. 3654 Total views 32 Total shares The Advertising Standards Authority (ASA), a body that oversees advertising in the United Kingdom, is cracking down on non-compliant crypto advertisements.  Earlier this year, Arsenal became one of the many football clubs to collaborate with blockchain f

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Price analysis 11/26: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB

Bitcoin and most major altcoins are on the verge of starting a deeper correction, which will signal that a short-term top may be in place. 36561 Total views 56 Total shares Bitcoin (BTC) and most major altcoins sold off along with global equity markets and crude oil on Nov. 26. The markets were roiled on news of a new coronavirus variant detected in South Africa that is worrying scientists due to its large number of mutations in the spike protei

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SEC delays spot Bitcoin ETF decisions, Nike enters Metaverse arena, and a crypto exchange gets hacked: Hodler’s Digest, Dec. 12-18

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Russia to decide between blanket crypto ban and legalizing exchanges in 2022 A recent report shows that Russia could potentially see a countrywide ban on cryptocurrency. Alternatively,

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Medical Q&A platform Ask The Doctor files lawsuit against Shiba Inu, engages war of words on Twitter

The Canadian platform wants to expose the true identity of Shytoshi Kusama, who volunteers as project lead for the popular Shiba Inu memecoin. 13659 Total views 78 Total shares Tuesdays can be boring, but an ongoing Twitter drama is captivating the attention of many blockchain enthusiasts. Ask The Doctor, a Canadian medical questions and answers website, announced that it would be suing Shytoshi Kusama, volunteer project lead of meme token Shiba

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The Vitalik I know: Dmitry Buterin

This is part two of an extensive interview with Dmitry Buterin, looking at his relationship with Vitalik and his insights as a father. For Part 1, which detailed his own fascinating life story, click here. Dmitry Buterin recalls the day in 2013 when his son Vitalik showed him the Ethereum white paper at their home in Toronto. “He‘s like, ‘Hey Dad, I was working on this thing, are you interested to look at it?’” the Chechyna-born Toronto resident says in his idiosyncratic accent.

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6 Questions for David Chaum of XX Network

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to David Chaum, one of the earliest blockchain researchers and a world-renowned cryptographer and privacy advocate. He is the founder of Elixxir, Praxxis and XX Network, which encompass his decades of research and contributions in the field of cryptography and privacy. David Chaum is the creato

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The 5 weirdest crypto stories of 2021

For some blockchain enthusiasts and stakeholders alike, it‘s been a year packed with adventures. 5157 Total views 50 Total shares In 2021, the market cap of cryptocurrencies skyrocketed 286% year over year, uplifting a $2.17 trillion industry into the stratosphere. But, with this vast creation of wealth comes the explosion of peculiar tales throughout the sector. From the suspicious death of multiple crypto-evangelists and crypto scams involvi

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Mintable app to support minting NFTs on the layer two Immutable X protocol

By integrating Immutable X's technology into its marketplace, Mintable hopes to tackle gas and scaling limitations for NFT traders. 4693 Total views 65 Total shares Mintable marketplace announced its partnership with Immutable X, a StarkWare-based layer-two solution for nonfungible tokens (NFTs) on Ethereum, to make over 24 million NFTs on Immutable X available for sale on Mintable. This integration will enable users to deposit ETH and ERC-20 to

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From eNaira to eHryvnia, a Caribbean fintech develops CBDCs around the world

"We're also excited that when working with central banks, we can do it in a way that is through regulation and compliance," said Bitt CEO Brian Popelka. 2590 Total views 55 Total shares Barbados, a paradise island in the West Indies, is known for its azure beaches, tidal waves, shipwrecks, homegrown grown Barbadian hospitality and, more recently, an influx of remote workers. Now, one can add cryptocurrency innovations to that list as well. Bitt,

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Indian state government to accredit Web 2.0 and Web 3.0 blockchain startups

Telangana will launch the blockchain accelerator program in partnership with CoinSwitch Kuber and Lumos Labs. 6230 Total views 66 Total shares The state government of Telangana announced the launch of the India Blockchain Accelerator program to foster early-stage Web 2.0 and Web 3.0 startups and blockchain developers aimed at solving real-world challenges. The program will be launched in partnership with unicorn crypto exchange CoinSwitch Kuber

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Shanghai Man: AscendEX reopened after $80m hack, Huobi suffers key personnel departures, and government officials punished for mining activities

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.   Limping out of 2021 Last week we thought we had hit rock bottom for Chinese exchanges, as Bitmart was on the unfortunate end of a $150m hack. This week, it was more of the same, as AscendEX lost $80m to a similar style of theft  affecting its Ethere

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HSBC and IBM create successful multi-ledger CBDC demo

The two firms successfully executed cross-realm and end-to-end digital asset transactions with the pilot test, which can also settle securities and forex. 8974 Total views 73 Total shares On Thursday, HSBC and IBM announced the successful test of an advanced token and digital wallet settlement between two central bank digital currencies, or CBDCs, in a cloud environment. The experiment consisted of transactions between CBDCs, eBonds, and forex.

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Universities including Berkeley, MIT, Harvard, Oxford to form EduDAO to promote Web 3.0 innovations, financed by BitDAO treasury

The funds from EduDAO will be used for research, education and entrepreneurship in Web 3.0 technologies among the world's top universities. 7322 Total views 124 Total shares On Thursday, BitDAO, one of the world's largest decentralized autonomous organizations with over $2.5 billion assets under management and its partner Mirana Ventures, announced the creation of EduDAO with eight of the world's top universities including the University of Cali

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6 Questions for David Chaum of XX Network

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to David Chaum, one of the earliest blockchain researchers and a world-renowned cryptographer and privacy advocate. He is the founder of Elixxir, Praxxis and the XX network, which encompass his decades of research and contributions in the field of cryptography and privacy. David Chaum is the

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Assembly announces $100M capital raise, receives praise from Iota co-founder Dominik Schiener

“Assembly addresses the limitations of current scaling solutions by using the feeless base layer of Iota as an immutable trust anchor and as a trustless bridge for feeless interoperability of smart contracts,” said Schiener. 7172 Total views 118 Total shares On Friday, Assembly, a decentralized layer one smart contract network built within the Iota ecosystem, announced it had raised $100 million from private investors, including LD Capital,

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Bitwise launches NFT index fund for accredited investors

Accredited investors can now invest in some of the world's most valuable nonfungible tokens and art collections through the Bitwise Blue-Chip NFT Index Fund. 2632 Total views 49 Total shares In an effort to democratize access to nonfungible tokens, art collections and other digital assets of value for the masses, Bitwise Asset Management launched its new index fund on Thursday. As per the announcement, the Bitwise Blue-Chip NFT Index Fund is de

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Umbrella Network launches $15M oracle accelerator program

The blockchain oracle market is still largely dominated by Chainlink, but a handful of promising challengers is emerging. 2621 Total views 47 Total shares Decentralized oracle service Umbrella Network has launched a new accelerator program for projects looking to build data pipelines to the cryptocurrency market, a process that many within the industry believe is necessary to grow the emerging domains of blockchain gaming, decentralized finance

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HSBC and IBM create successful multi-ledger CBDC demo

The two firms successfully executed cross-realm and end-to-end digital asset transactions with the pilot test, which can also settle securities and forex. 8188 Total views 73 Total shares On Thursday, HSBC and IBM announced the successful test of an advanced token and digital wallet settlement between two central bank digital currencies, or CBDCs, in a cloud environment. The experiment consisted of transactions between CBDCs, eBonds, and forex.

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Blockchain folk hero Nandy Martin hopes to build a better community for Haitians in Miami

So far, Martin has the support of both Cardano's founder Charles Hoskinson and Miami's District Commissioner Jeffrey Watson. 4049 Total views 45 Total shares Haiti, a Western Caribbean country torn by a tragic past, natural disasters, poor leadership and ineffective foreign aid, is not a country that comes to people's minds when they think of blockchain adoption. For years, Haiti has been among the world's poorest countries in terms of GDP per c

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Solana on-chain development increases after a recent DDoS attack

Solana’s daily GitHub submission has spiked after a recent DDoS attack. 16829 Total views 113 Total shares Solana — whose native crypto, SOL, is the fifth-largest cryptocurrency by market capitalization — is leading on-chain development charts despite a recent distributed denial-of-service (DDoS) attack. As per Santiment data, Solana surpassed the daily GitHub submission rates of Polkadot and Cardano to become the leading blockchain over t

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Universities including Berkeley, MIT, Harvard, Oxford to form EduDAO to promote Web 3.0 innovations, financed by BitDAO treasury

The funds from EduDAO will be used for research, education and entrepreneurship in Web 3.0 technologies among the world's top universities. 5288 Total views 124 Total shares On Thursday, BitDAO, one of the world's largest decentralized autonomous organizations with over $2.5 billion assets under management and its partner Mirana Ventures, announced the creation of EduDAO with eight of the world's top universities including the University of Cali

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IEEE Blockchain Identity of Things standardization working group kicks off

Major players from technology and crypto ecosystems participate in a new group to standardize blockchain. 3336 Total views 63 Total shares Six worldwide corporations have banded together to beg standardizing the IEEE blockchain Identity of Things. According to IEEE chair of the Identity of Things working group Dr. Xinxin Fan, researchers from Lockheed Martin, Ericsson, Lenovo, Huawei, Bosch, IoTeX and the China Academy of Information and Commun

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Mintable app to support minting NFTs on the layer two Immutable X protocol

By integrating Immutable X's technology into its marketplace, Mintable hopes to tackle gas and scaling limitations for NFT traders. 4077 Total views 65 Total shares Mintable marketplace announced its partnership with Immutable X, a StarkWare-based layer-two solution for nonfungible tokens (NFTs) on Ethereum, to make over 24 million NFTs on Immutable X available for sale on Mintable. This integration will enable users to deposit ETH and ERC-20 to

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Price analysis 11/24: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, CRO

Bitcoin and most major altcoins are struggling to find bullish momentum, a possible signal that prices could continue to erode. 23516 Total views 52 Total shares Bitcoin (BTC) and most major altcoins continue to be pinned below their respective overhead resistances, indicating that bears are selling on rallies. According to Ki Young Ju, CEO of on-chain analytics firm CryptoQuant, “whales are depositing Bitcoin to exchanges.” Curiously, the o

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Circle and Endaoment to create USDC-based disaster relief fund for communities impacted by deadly tornado

Yet another stablecoin philanthropy initiative launched by Circle during the past year. 682 Total views 22 Total shares Circle, the company that created the USDC stablecoin, announced a partnership with public charity Endaoment to create a disaster relief fund. The fund will help mid-western American communities impacted by last week's deadly tornadoes. The two entities hope to raise $1 million in grants to support the American Red Cross and loc

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Polygon to invest up to 250M MATIC into zero-knowledge tech

If fully vested, it would be a $627.5 million investment into zero-knowledge technology at today’s MATIC price. 7321 Total views 51 Total shares Ethereum scaling solution Polygon has announced it will dedicate a maximum of 250 million MATIC tokens ($627.5 million) to a deal with zero-knowledge cryptography startup Mir. Zero-knowledge algorithms enable external validators to verify encrypted transactions or documents without revealing the sensi

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NFT clone Punks: Right or wrong?

“Can someone explain to me why NFT ‘clones’ are selling for so much?” asked Redditor LittleDoofus a couple of months ago. NFT clones cash in on successful NFT collections by releasing similar or even identical copies of the art under similar sounding brands. LittleDoofus wanted to know how we have suddenly ascribed so much value to NFTs, let alone mere copies of celebrated NFT artworks? LittleDoofus’ post continued: “Ok so I kinda understand how someone might see the CryptoPunks o

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NYDIG raises $1B in funding, valuation now $7B

The company stated its goal is to enable access to Bitcoin financial services for everyday individuals. 3658 Total views 103 Total shares On Tuesday, New York Digital Investment Group, or NYDIG, a financial institution specializing in Bitcoin financial services such as savings accounts, trading brokerages, 401(k)s, etc., announced it had secured a $1 billion equity investment led by WestCap. The funding places its valuation at nearly $7 billion.

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Binance Singapore withdraws crypto license application

Binance plans to “wind down” all services in Singapore by Feb. 13, 2022. Users are no longer allowed to deposit cryptocurrencies or fiat on the Binance.sg platform. 5511 Total views 75 Total shares Crypto exchange Binance has withdrawn its application with the Monetary Authority of Singapore (MAS) for a digital payment token services license.  On Monday, Binance.sg stopped onboarding new users and will not allow Singaporeans to deposit cryp

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A letter to Zuckerberg: The Metaverse is not what you think it is

Facebook changing its name to Meta will likely have a huge repercussion on the narrative of the metaverse as a whole. 15442 Total views 203 Total shares Dear Lord Sugar Mountain, Attention: to my Facebook friend who is building a version of the metaverse that nobody wants as a starter. The last few years must certainly not have been easy. Your business model centered around polarization and, subsequently, outrage has ironically unified many of

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The Metaverse will bring unbridled evolution to NFTs

NFTs are here to stay and the arrival of the metaverse is only set to make their appeal and use even more popular. 9188 Total views 109 Total shares Even as nonfungible token (NFT) transactions have taken off and made headlines, to most people outside the crypto world, they’re just a gimmick. The metaverse will change that. There’s always a tipping point when new technologies go from incomprehensible fringe interest to, suddenly, part of lif

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Metaverse opens the gateway for luxury NFTs to become a multi-billion market

Thanks to the Metaverse, luxury NFTs from premium brands can see their total value skyrocket, potentially reaching $56 billion by 2030. 20184 Total views 158 Total shares The nonfungible token (NFT) market is hot right now, and the future forecasts that it will only be getting hotter. The creation of the Metaverse opens the gateway for NFT luxury brands to reach $56 billion by 2030. As the production of NFTs continues to create new forms of fash

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Frax co-founder Sam Kazemian believes stablecoin regulations are currently too harsh

Kazemian clarified that it’s mostly fiat stablecoins bearing the brunt of regulatory scrutiny. 2801 Total views 41 Total shares Stablecoins, or crypto assets that are pegged to less-volatile fiat money, are useful tools for a variety of reasons. They can be used to cash out crypto investments, send or receive money abroad, and pay for everyday consumer transactions without risk of fluctuation. A recent estimate from the Bank for International

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Daft Punk meets CryptoPunks as Novo faces up to NFTs

Just recently, NFT collector CryptoNovo was posing for hundreds of photos, taking meetings with top tech companies and attending scores of invitation-only parties across New York City. Today, the former-schoolteacher-turned-Metaverse-mascot is raking leaves in his suburban Illinois front yard. “Dude,” Novo remarks excitedly as he works, “That just happened.” That would be NFT.NYC, the early November conference/gathering/bacchanal that represented a coming-out party of sorts for the n

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We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block

The amount of crypto donations through The Giving Block surged to $100 million this year from $4 million in 2020. 3578 Total views 53 Total shares With the market capitalization of digital currencies surpassing $2 trillion, there is now record interest in crypto philanthropy. From helping to build a school in Uganda to fundraising for frontline healthcare workers and raising awareness for artists with intellectual disabilities, many nonprofit

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Bank of International Settlement calls the rise of decentralized finance 'an illusion' in latest quarterly review

Even though the total value locked in DeFi protocols has eclipsed $246 billion, it was not enough to please the BIS. 7720 Total views 88 Total shares On Monday, the Bank of International Settlement, or BIS, a financial institution owned by central banks worldwide, published a report scrutinizing the development of the decentralized finance, or DeFi, industry. The article opened by saying, "There is a "decentralization illusion" in DeFi since the

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Solana reportedly hit by DDoS attack, but network remains online

The Solana blockchain has reportedly suffered another DDoS attack that temporarily clogged the network. However, the network appeared to remain online. 25303 Total views 83 Total shares Solana’s blockchain performance was reportedly hit by a distributed denial-of-service (DDoS) attack over the past 24 hours. However, the network appears to have remained online throughout. A DDoS attack generally refers to a large number of coordinated devices,

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Volatility, hyperinflation and uncertainty: How everyday Venezuelans are using stablecoins to protect their livelihoods

Customers of stablecoin payment app Reserve express their dependency on technology for everyday transactions. 5317 Total views 52 Total shares Last month, Cointelegraph interviewed Reserve CEO Nevin Freeman and the payment decentralized application’s community manager Yens Michiels about the company’s mission to provide access to stable currencies. More recently, Cointelegraph spoke to a couple of users based out of Venezuela and Colombia wh

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Without staking, institutional crypto investors cannot escape inflation

If institutional investment is going to drive the growth of PoS token markets, it will need to participate in networks in addition to owning them. 12275 Total views 94 Total shares By 2021, proof-of-stake (PoS) anchored itself as the consensus mechanism of choice for new and innovative blockchains. Ethereum 2.0, Cardano, Solana, Polkadot, Terra Luna — five out of the top 10 base layer blockchains run on PoS. It’s easy to see why PoS blockcha

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From NFTs to CBDCs, crypto must tackle compliance before regulators do

Crypto industry leaders need to self-regulate before inadequate public officials decide to take on the task themselves. 712 Total views 38 Total shares Each year that we get a little further away from Satoshi Nakomoto’s whitepaper, crypto becomes more popular than ever, breaking more barriers — not just in sheer enthusiasm, but in mainstream acceptance. From nonfungible tokens (NFTs) to the Metaverse, 2021 was the year of crypto, even follow

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SushiSwap CTO resigns citing internal structural chaos

"I am now going to take a one-month vacation with my wife and kids and go build my next project. Long live Sushi," said Joseph Delong. 3969 Total views 41 Total shares Late Wednesday, Joseph Delong, chief technology officer of SushiSwap, the thirteenth largest decentralized exchange, or DEX, by trading volume, tendered his immediate resignation from the role. Explaining his decision, Delong gave the following statement: "I wish Sushi the best an

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Stacks’ Mitchell Cuevas talks building integrated DeFi bridges for Bitcoin users

“It’s unlikely that a native on-chain solution will supersede [layer-one] solutions like Stacks,” said Mitchell Cuevas, head of growth at the Stacks Foundation. 2261 Total views 38 Total shares The Stacks ecosystem is a collection of independent entities, developers and community members working to build a user-owned internet on the Bitcoin (BTC) blockchain. Stacks’ STX cryptocurrency was distributed to the general public through the fir

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Biden’s controversial anti-crypto Comptroller nominee withdraws

Saule Omarova backed out of her nomination to be the Comptroller of the Currency amid a blizzard of scrutiny over her positions on crypto and banking. 10847 Total views 56 Total shares The Office of the Comptroller of the Currency in the USA will operate with only an acting Comptroller for a little longer after President Biden’s nominee, Saule Omarova, withdrew her candidacy from the confirmation process. In response to Omarova’s withdrawal,

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SiennaSwap adds Bitcoin, Monero trading pairs in push for privacy-focused DeFi

The addition of BTC and XMR to the SeinnaSwap decentralized exchange was endorsed by cryptocurrency entrepreneur Roger Ver. 4247 Total views 148 Total shares Cross-chain DeFi protocol Sienna Network has enabled Bitcoin (BTC) and Monero (XMR) trading pairs on its decentralized exchange, giving users the ability to transact privately in two of the world’s most recognizable cryptocurrencies.  Effective immediately, users of the privacy-focused S

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BadgerDAO reportedly suffers security breach, losing $120M

All smart contracts have been paused but users are urged to revoke permissions to the compromised smart contract to avoid any further losses. 5517 Total views 23 Total shares The BadgerDAO decentralized finance protocol appears to have suffered from a cyber attack leading to the loss of $120 million.  The attack, which was made public at about 2 am UTC on Thursday, targeted the protocol on the Ethereum network at contract address 0x1fcdb04d0c53

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Shanghai Man: Bitmart’s $150M theft, ‘Metaverse’ trending, Hong Kong mogul builds in The Sandbox

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.   Bad news for Evergrande Even after all the regulatory crackdowns, China isn’t letting 2021 slip away without a few more blows to the crypto markets. On December 9, the news revealed that massive real estate developer Evergrande had defaulted on its

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Price analysis 11/26: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB

Bitcoin and most major altcoins are on the verge of starting a deeper correction, which will signal that a short-term top may be in place. 36137 Total views 56 Total shares Bitcoin (BTC) and most major altcoins sold off along with global equity markets and crude oil on Nov. 26. The markets were roiled on news of a new coronavirus variant detected in South Africa that is worrying scientists due to its large number of mutations in the spike protei

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Inflation benchmark Frax Price Index to launch on Partisia blockchain

By using crowdsourced price oracles, the developers behind Frax and Partisia hope to accomplish a more complete picture of the current inflation environment. 1268 Total views 24 Total shares On Thursday, Frax Finance, a developer of algorithmic stablecoins , announced it would launch the Frax Price Index, or FPI, on the Partisia blockchain. Frax is an ETH/multichain project first and foremost. Frax is bridging FPI to Partisia's network so that

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Inflation benchmark Frax Price Index to launch on Partisia blockchain

By using crowdsourced price oracles, the developers behind Frax and Partisia hope to accomplish a more complete picture of the current inflation environment. 776 Total views 17 Total shares On Thursday, Frax Finance, a developer of algorithmic stablecoins, announced it would launch the Frax Price Index, or FPI, on the Partisia blockchain. The benchmark would have its stablecoin pegged to it and serve as a competitor to the standard Consumer Pric

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Wear-to-earn NFTs target the billion-dollar fashion industry

Here's how “wear-to-earn” NFTs will impact the fashion sector and what may happen if they become a trend. 17629 Total views 137 Total shares The rise of the Metaverse and Web 3.0 are set to disrupt multiple sectors including the billion-dollar global fashion industry. As the world moves from physical to digital, traditional fashion design can transform into virtual wearables that can be leveraged in both augmented reality (AR) and in real li

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Crypto tumblers, exchanges under microscope as DOJ launches new task force

Under the pretext of holding corrupt actors accountable, the new task force will address crimes related to the criminal misuse of cryptocurrency. 4551 Total views 29 Total shares The Biden administration has introduced a five-pillar strategy to counter corruption as a part of the core United States national security interest. The strategy involves establishing a new task force to address potential illicit activities on crypto exchanges and other

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Inside the blockchain developer’s mind: Blockchain consensus, Part 1

Gaining a deeper understanding of a popular — but meanwhile widely misunderstood — concept in blockchain technology: the consensus algorithm. 5142 Total views 67 Total shares Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the tea

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Tech transformation: Don Tapscott’s ‘Platform Revolution’ book review

In his latest book, ‘Platform Revolution,’ Don Tapscott explains how blockchain technology has converged with AI, machine learning and IoT. 5772 Total views 33 Total shares Enterprise blockchain started to take shape in 2016, a time when companies like IBM began to leverage private networks for supply chain management. It was also during 2016 that authors Don Tapscott and Alex Tapscott wrote and published Blockchain Revolution, a book that e

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Coinbase launches open-source cryptography library Kryptology

The library will aid in building complex cryptographic techniques to match the needs of the bourgeoning DeFi sector. 11007 Total views 96 Total shares On Monday, Coinbase, the fourth-largest cryptocurrency exchange globally by trading volume, announced the creation of a novel cryptographic library, Kryptology, as a compendium of tools for blockchain developers. These include secure, audited and easy-to-use APIs as well as a repository of common

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Japan's financial regulators may propose legislation in 2022 restricting stablecoin issuance

The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year. 3413 Total views 45 Total shares According to The Nihon Keizai Shimbun (Nikkei), one of the world's largest financial newspapers and the entity behind the Nikkei 225 stock index, Japan's Financial Services Agency, or FSA, will propose legislation next year restricting stablecoin issuance to only bank and wire transfer companies. Theoretically, this

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Without staking, institutional crypto investors cannot escape inflation

If institutional investment is going to drive the growth of PoS token markets, it will need to participate in networks in addition to owning them. 11384 Total views 94 Total shares By 2021, proof-of-stake (PoS) anchored itself as the consensus mechanism of choice for new and innovative blockchains. Ethereum 2.0, Cardano, Solana, Polkadot, Terra Luna — five out of the top 10 base layer blockchains run on PoS. It’s easy to see why PoS blockcha

Read More

Crypto tumblers, exchanges under microscope as DOJ launches new task force

Under the pretext of holding corrupt actors accountable, the new taskforce will address crimes related to the criminal misuse of cryptocurrency. 815 Total views 10 Total shares The White House, under the Biden-Harris administration, introduced a five-pillar strategy to counter corruption as a part of the core United States national security interest. The strategy involves establishing a new task force to address potential illicit activities on c

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FTX releases crypto regulation proposals before US congressional hearing

The “FTX’s Key Principles for Market Regulation” blog consists of a 10-points proposal aiming to help U.S. regulators build a crypto-centric regulatory framework. 11827 Total views 82 Total shares Bahamian-based cryptocurrency exchange FTX released a list of principles and proposals to help policymakers build the regulatory framework. The policy recommends the market-structure choices made by several leading crypto exchanges and suggests i

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Adidas enters the Metaverse with NFT partnerships

"It’s time to enter a world of limitless possibilities," said the staff behind the world-renowned sports clothing line. 24700 Total views 122 Total shares On Thursday, Adidas announced it was entering the Metaverse in collaboration with Bored Ape Yacht Club, gmoney NFT, and PUNKS Comic. In an article posted on the Adidas mobile app, the developers behind the initiative said the following: This autumn, Adidas, known for celebrating ideas at the

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6 Questions for Mati Greenspan of Quantum Economics

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Mati Greenspan, a crypto analyst and the founder and CEO of Quantum Economics, an investment analysis and consulting firm for the cryptocurrency space. Mati is the former senior market analyst at eToro and a licensed money manager in the European Union. He’s the co-author of the e-book

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Price analysis 11/29: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB

Bitcoin and most major altcoins rebounded off their strong support levels, but the real challenge for the bulls is to sustain the momentum and clear the $60,000 resistance level. 25577 Total views 57 Total shares The crypto markets and the global equity markets staged a strong recovery on Nov. 29 in spite of the uncertainty from the newly discovered Omicron variant of COVID-19. Long-term investors seem to view the recent dip as a prime buying op

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5 year study looks at if token rewards can improve HIV patient outcomes in Africa

A Kenyan university and a blockchain healthcare provider will join forces to study whether Africa’s HIV crisis can be helped by using crypto and blockchain technology. 4124 Total views 54 Total shares A groundbreaking five-year study into whether crypto token incentives can improve health outcomes for patients with HIV/AIDS will be launched in Kenya by the end of the year. On Nov 1, the blockchain-powered healthcare ecosystem Immunify.Life and

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Digital dollar needs broad consensus among authorities, says US Treasury Secretary

Such a move would require broad consensus among Congress, the U.S. central bank and the White House. 7706 Total views 58 Total shares U.S. Treasury Secretary Janet Yellen has given her opinions on the potential of a digital dollar but is hesitant to come to any conclusions at this stage in proceedings. Yellen said on Thursday that she had not formed a view on whether the Federal Reserve should create a digital version of the dollar, but such a m

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French startup brings vintage wines to the NFT market

“It’s like your NFT is the wine cellar, but it’s in your wallet,” said the staff from World Wide Wines. 4686 Total views 40 Total shares Many exciting developments are coming to the space of nonfungible tokens, or NFTs, ranging from metaverse NFTs to fantasy soccer digital collectible cards and up to monster-battle NFT games. In fact, Cointelegraph Research predicts NFT sales will hit a record high of $17.7 billion this year . But one F

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Price analysis 11/8: BTC, ETH, BNB, ADA, SOL, XRP, DOT, SHIB, DOGE, AVAX

Bitcoin and Ethereum are taking full control of the market and technical analysis shows altcoins intend to keep pace with the top 2 cryptocurrencies. 43157 Total views 60 Total shares Bitcoin (BTC) is close to making a new all-time high and Ether (ETH) finally soared to hit a new high at $4,800. This pushed the total crypto market capitalization above $3 trillion for the first time ever on Nov. 8, according to data from CoinGecko. Data from Sant

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5 year study looks at if token rewards can improve HIV patient outcomes in Africa

A Kenyan university and a blockchain healthcare provider will join forces to study whether Africa’s HIV crisis can be helped by using crypto and blockchain technology. 3794 Total views 54 Total shares A groundbreaking five-year study into whether crypto token incentives can improve health outcomes for patients with HIV/AIDS will be launched in Kenya by the end of the year. On Nov 1, the blockchain-powered healthcare ecosystem Immunify.Life and

Read More

Stablecoin issuers poised to be banks of the future on road to adoption

Stablecoins are destined to grow, experts suggest, but are regulations the only way for the market to reach its full potential? 7268 Total views 124 Total shares There is no denying the fact that the crypto market has grown from strength to strength over the course of 2021, as is best highlighted by the total capitalization of the industry recently hitting the $3-trillion mark, albeit for a relatively brief period of time.  That said, stablecoi

Read More

5 year study looks at if token rewards can improve HIV patient outcomes in Africa

A Kenyan university and a blockchain healthcare provider will join forces to study whether Africa’s HIV crisis can be helped by using crypto and blockchain technology. 3611 Total views 54 Total shares A groundbreaking five-year study into whether crypto token incentives can improve health outcomes for patients with HIV/AIDS will be launched in Kenya by the end of the year. On Nov 1, the blockchain-powered healthcare ecosystem Immunify.Life and

Read More

French startup brings vintage wines to the NFT market

“It’s like your NFT is the wine cellar, but it’s in your wallet,” said the staff from World Wide Wines. 2657 Total views 38 Total shares Many exciting developments are coming to the space of nonfungible tokens, or NFTs, ranging from metaverse NFTs to fantasy soccer digital collectible cards and up to monster-battle NFT games. In fact, Cointelegraph Research predicts NFT sales will hit a record high of $17.7 billion this year . But one F

Read More

Tech transformation: Don Tapscott’s ‘Platform Revolution’ book review

In his latest book, ‘Platform Revolution,’ Don Tapscott explains how blockchain technology has converged with AI, machine learning and IoT. 5650 Total views 33 Total shares Enterprise blockchain started to take shape in 2016, a time when companies like IBM began to leverage private networks for supply chain management. It was also during 2016 that authors Don Tapscott and Alex Tapscott wrote and published Blockchain Revolution, a book that e

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BREAKING: Square rebrands to Block as focus shifts to blockchain

“Block is a new name, but our purpose of economic empowerment remains the same. No matter how we grow or change, we will continue to build tools to help increase access to the economy," said Jack Dorsey. 14259 Total views 190 Total shares Digital payments company Square announced that it has changed its company name to Block, seemingly in a shift towards blockchain technology. In a Wednesday tweet, Square said the rebrand will bring the paymen

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ASIC chair Longo calls the growing demand for crypto ‘impossible to ignore’

He told an audience that the rise of blockchain currencies has been “nothing short of phenomenal.” 3548 Total views 33 Total shares Joe Longo, chair of the Australian Securities and Investments Commission, or ASIC, spoke at the Australian Financial Review Super and Wealth Summit on Monday at the Fullerton Hotel in Sydney.  The rise of crypto, he said, has been “nothing short of phenomenal, and impossible to ignore.” As a corporate and

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India misinterpreted private crypto ban, says crypto bill creator

Former finance secretary of India Subhash Garg clarified that “it is misleading to say that private cryptocurrencies will be banned.” 12736 Total views 64 Total shares The creator of India’s crypto bill, former Finance Secretary Subhash Garg, dismissed the notion of banning “private cryptocurrencies” as a misinterpretation while highlighting the enormous potential of cryptocurrencies and blockchain technology. The parliamentary discuss

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OKEx shared insights on trading, regulation, DeFi and more during recent Markets Pro AMA

Among many features, OKEx staff demonstrated how users could automate their trading process with no required coding knowledge on the namesake platform. 5876 Total views 61 Total shares Founded in 2017, OKEx is a centralized cryptocurrency exchange based in Seychelles. According to CoinGecko, OKEx is the world's third-largest cryptocurrency brokerage, with nearly $12 billion in trading volume within the past 24 hours. The exchange lists 312 coins

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Despite the bad rap, NFTs can be a force for good

Crypto is like a double-edged sword, one good piece of news is followed by ten bad reactions. It’s like being the parent of the hyperactive kid in the kindergarten — he breaks other kids’ toys, bounces off the walls like a demon and the other parents hate him, but you know he’s a sweet, thoughtful and kind soul who will one day find the cure for cancer. And as you stand surveying the debris of his day in kindergarten with the other parents giving you the evil eye and the Montessori te

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Ontology and bloXmove to bring decentralized identity to urban transport apps

The move seeks to enable the development of complex decentralized applications. 2472 Total views 18 Total shares Ontology, a developer of self-sovereign identification systems on the blockchain, announced a partnership with decentralized mobility platform bloXmove Tuesday morning in a bid to accelerate the development of its decentralized credentials. The decentralized digital identity protocol, or DID, will enable blockchain participants to

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Fidelity Canada reportedly launching spot Bitcoin ETF

Fidelity Canada has launched a Bitcoin exchange-traded fund that will allow investors to buy and sell real Bitcoin rather than derivatives. 6679 Total views 104 Total shares It's been a bumpy ride for Bitcoin (BTC) investors. While waiting on the United States Securities and Exchange Commission (SEC) to make their decision about whether or not they will approve a spot Bitcoin exchange-traded fund (ETF), Canada-based investment firm Fidelity is r

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Tech transformation: Don Tapscott’s ‘Platform Revolution’ book review

In his latest book, ‘Platform Revolution,’ Don Tapscott explains how blockchain technology has converged with AI, machine learning and IoT. 5363 Total views 33 Total shares Enterprise blockchain started to take shape in 2016, a time when companies like IBM began to leverage private networks for supply chain management. It was also during 2016 that authors Don Tapscott and Alex Tapscott wrote and published Blockchain Revolution, a book that e

Read More

Stablecoin issuers poised to be banks of the future on road to adoption

Stablecoins are destined to grow, experts suggest, but are regulations the only way for the market to reach its full potential? 7061 Total views 124 Total shares There is no denying the fact that the crypto market has grown from strength to strength over the course of 2021, as is best highlighted by the total capitalization of the industry recently hitting the $3-trillion mark, albeit for a relatively brief period of time.  That said, stablecoi

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Price analysis 11/17: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, SHIB, AVAX

Bitcoin and most major altcoins are attempting to hold above their immediate resistance levels, a sign that bulls could be buying on each dip. 43504 Total views 83 Total shares Bitcoin (BTC) and Ether (ETH) are testing psychologically important support levels at $60,000 and $4,000 respectively. Both these levels are critical to keeping the uptrend intact in the short term. While the fall may scare off leveraged traders, Bitcoin whales seem to be

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ENS DAO delegates offer perspective on DAO governance and decentralized identity

AlphaWallet CEO and Spruce co-founder talk about their roles as contributors to the Ethereum Name Service following the project's recent airdrop. 1108 Total views 26 Total shares Earlier this month, the Ethereum Name Service, or ENS, formed a decentralized autonomous organization, or DAO, for the ENS community.  Cointelegraph spoke to two ENS DAO delegates who applied for the opportunity to represent the community and stay involved in the decis

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Regal to partner with Flexa to enable digital currency payments in theatres

Customers will be able to purchase movie tickets and concessions with crypto at over 500 Regal cinemas. 5261 Total views 97 Total shares On Tuesday morning, Regal, a movie operator of more than 500 locations and 7,000 screens in 42 states plus D.C., announced it would be partnering with digital payment network Flexa to enable its customers to pay for movie tickets, food and beverages in crypto. Regal will accept a wide variety of coins and token

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India misinterpreted private crypto ban, says crypto bill creator

Former finance secretary of India Subhash Garg clarified that “it is misleading to say that private cryptocurrencies will be banned.” 5371 Total views 40 Total shares The creator of India’s crypto bill, former Finance Secretary Subhash Garg, dismissed the notion of banning “private cryptocurrencies” as a misinterpretation while highlighting the enormous potential of cryptocurrencies and blockchain technology. The parliamentary discussi

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Blockchain analytics service Nansen to incorporate DeFi protocol Arbitrum

Arbitrum is currently the ninth ranked DeFi chain with $2.38 billion in total value locked. 2719 Total views 41 Total shares Blockchain data provider Nansen has announced the upcoming integration of the Arbitrum network to enable its global users, both retail and institutional-grade, to identify emerging trends in the decentralized finance (DeFi) market. Technical charts and quantitative data will be accessible to view within a bespoke Arbitrum

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SEC open meeting on Dec. 2 to include crypto panel discussion

The SEC is opening discussion on crypto and blockchain technology with regard to American investors. 5478 Total views 57 Total shares The U.S. Securities and Exchange Commission, or SEC, announced Wednesday the title of the upcoming crypto panel for its Dec. 2 Investor Advisory Meeting will be “Helping to Ensure Investor Protection and Market Integrity in the Face of New Technologies.” Previously, on Nov. 15, the Commission announced the mee

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The Holy Grail for crypto traders: Consistent average returns over 5%

Over 2,000 data points consistently demonstrate a singular truth: Crypto asset prices tend to increase when this quant algorithm identifies bullish conditions. 32843 Total views 116 Total shares If you look at crypto assets’ price movements as a series of isolated events, the picture is messy. Sure, some traders can occasionally win big off one-time events or thanks to sensing a meme-inspired trend. In the long run, however, most of these “f

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Vitalik Buterin proposes calldata limit per block to lower ETH gas costs

Buterin issued a decrease-cost-and-cap proposal that aims to reduce unprecedented levels of strain and risk breaking the network. 24577 Total views 124 Total shares Ethereum co-founder Vitalik Buterin has proposed a new limit on the total transaction calldata in a block to decrease the overall transaction calldata gas cost over the ETH network.  Buterin’s post on the Ethereum Magicians forum, EIP-4488, highlights concerns regarding high trans

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Tim Draper’s ‘odd’ rules for investing in success

It’s true, Tim Draper has picked losers. He tells me this even before I ask him. The VC legend who backed Hotmail, Tesla, SpaceX, Coinbase, Ledger and many other successful companies readily coughs up that he has invested in lemons. Some, he says, have totally gone out of business, but others just didn’t give him the money back. “By the same token, there are winners that make us a couple of times on the money and then some that give 1000x the investment,” he tells Magazine during a ra

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European Council approves two digital asset proposals

A framework for digital assets in Europe is moving ahead in the labyrinth of the European Union. 4855 Total views 65 Total shares The European Union's planned framework for regulating cryptocurrencies is one step closer to becoming official. On Wednesday, the European Council, which guides the EU's political agenda, announced its position on the Markets in Crypto Assets (MiCA) framework and the Digital Operational Resilience Act (DORA). Followin

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FC Barcelona, Man City canceled crypto deals show cash is not everything

The sports industry should heed the warning signs as they adopt emerging blockchain technologies such as NFTs, experts warn. 6897 Total views 49 Total shares The sports industry took a hard hit from the coronavirus pandemic. Most leagues got suspended, and then teams played without the audience for an extended period. Sports clubs started to seek out new revenue streams, and the crypto industry arrived to aid with juicy deals.  Numerous part

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White paper introducing Jack Dorsey's decentralized Bitcoin exchange published on Friday

It's not a decentralized exchange in the truest sense of the word, but a peer-to-peer token swap platform under the oversight of Square. 21183 Total views 125 Total shares Jack Dorsey, co-founder, and CEO of both Square and Twitter, released a white paper Friday detailing plans for Square's decentralized Bitcoin (BTC) exchange tbDEX. Unlike most decentralized exchanges, or DEXs, tbDEX will not utilize a trustless model, and therefore will not fe

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Online content streaming is dead. Long live the music NFTs

Goodbye Spotify, music nonfungible tokens have arrived: Reimagining the music streaming model in the Web 3.0 era. 86 Total views 3 Total shares The music industry has undergone a massive transformation in recent years. We have seen the advent of the internet leave its mark on music, and most notably, 1999 spelled the coming of Napster. This then-revolutionary peer-to-peer online streaming service defined a whole generation and enabled musicians

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How Solana and Cardano are paving new avenues for NFT growth

With strong competition from networks like Solana and Cardano, will Ethereum’s dominance over NFTs hold much longer? 23358 Total views 119 Total shares The term “digital ownership” has only recently come to mean anything. While nonfungible tokens (NFTs) have been around for some time now, it's in the last year or two that they've caught the attention of mainstream media. The third quarter of 2021 alone saw over $10 billion in NFT trade vol

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How to enhance DeFi security

Decentralized finance is exploding. Its security is not. Here’s how to prevent millions more lost in DeFi. 2839 Total views 20 Total shares Creating a cryptocurrency from scratch isn’t easy. It requires extensive knowledge of various programming languages and knowledge of blockchain use cases, among other things. Instead of going through that effort, those newer to the crypto space wanting to build their own project tend toward tokens.

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Price analysis 11/8: BTC, ETH, BNB, ADA, SOL, XRP, DOT, SHIB, DOGE, AVAX

Bitcoin and Ethereum are taking full control of the market and technical analysis shows altcoins intend to keep pace with the top 2 cryptocurrencies. 43006 Total views 60 Total shares Bitcoin (BTC) is close to making a new all-time high and Ether (ETH) finally soared to hit a new high at $4,800. This pushed the total crypto market capitalization above $3 trillion for the first time ever on Nov. 8, according to data from CoinGecko. Data from Sant

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Status check: Ethereum in full deflation mode as Eth2 merge gets closer

Focus is now “exclusively on The Merge,” says Ethereum community manager as the deadline for the next stage of the transition to Eth2 grows closer. 45247 Total views 69 Total shares The Ethereum community has been hard at work over the past few years, laying the foundation for its shift away from its current proof-of-work (PoW) algorithm which has formed the backbone of the blockchain’s operation up until today. Ethereum’s switch to its

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South Korea financial authority rules that NFTs are taxable

Korean lawmakers plan to impose taxes on NFTs after classifying them as virtual assets. 2489 Total views 62 Total shares South Korea’s Financial Services Commission, or FSC, announced Tuesday that nonfungible tokens, or NFTs, will be taxed starting next year. According to The Korea Herald, this tax law amendment would impose a 20% tax on income from virtual assets that exceed 2.5 million won ($2,102) as of Jan. 1, 2022.  The FSC’s vice chai

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Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors

Twelve venture capital firms and three angel investors have joined in to fund the DeFi protocol. 1972 Total views 50 Total shares On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer behind the Cosmos network, powers Persistence bl

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Price analysis 11/22: BTC, ETH, BNB, SOL, ADA, XRP, DOT, AVAX, DOGE, SHIB

Bitcoin and most major altcoins have turned down from their respective overhead resistance levels, indicating that the short-term sentiment has turned negative. 28198 Total views 64 Total shares Bitcoin (BTC) continues to be pinned down below $60,000, indicating that higher levels are attracting selling from traders. The SP 500 made a new all-time high on Nov. 22 due to reports that United States President Joe Biden had renominated Jerome Powel

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US Navy to pilot blockchain-based project to improve medical supply lines

Consensus Networks uses the IoTeX blockchain to monitor the health of 700,000 U.S. Navy sailors and marines in real-time. 11477 Total views 155 Total shares The United States military continues to explore blockchain technology to improve its processes. The U.S. Navy has signed a $1.5-million contract with Consensus Networks to develop a blockchain-enabled logistics system named HealthNet back in May. The project, built on Internet of Things-focu

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How Solana and Cardano are paving new avenues for NFT growth

With strong competition from networks like Solana and Cardano, will Ethereum’s dominance over NFTs hold much longer? 18331 Total views 119 Total shares The term “digital ownership” has only recently come to mean anything. While nonfungible tokens (NFTs) have been around for some time now, it's in the last year or two that they've caught the attention of mainstream media. The third quarter of 2021 alone saw over $10 billion in NFT trade vol

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ASIC chair Longo calls the growing demand for crypto ‘impossible to ignore’

He told an audience that the rise of blockchain currencies has been “nothing short of phenomenal.” 2998 Total views 33 Total shares Joe Longo, chair of the Australian Securities and Investments Commission, or ASIC, spoke at the Australian Financial Review Super and Wealth Summit on Monday at the Fullerton Hotel in Sydney.  The rise of crypto, he said, has been “nothing short of phenomenal, and impossible to ignore.” As a corporate and

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Building multichain is a new necessity for DeFi products

Web 3.0 will be a multichain mosaic, and the winning DeFi projects will be those that build experiences connecting as many blockchains as possible. 9331 Total views 56 Total shares At present, your DeFi product needs to be multichain to be competitive — this is the hard (and exciting) truth of 2021. Whether you’re building a wallet, a lending service or a DeFi game, your target audience knows that there is more to the crypto space than Ether

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US Navy to pilot blockchain-based project to improve medical supply lines

Consensus Networks uses the IoTeX blockchain to monitor the health of 700,000 U.S. Navy sailors and marines in real-time. 10612 Total views 155 Total shares The United States military continues to explore blockchain technology to improve its processes. The U.S. Navy has signed a $1.5-million contract with Consensus Networks to develop a blockchain-enabled logistics system named HealthNet back in May. The project, built on Internet of Things-focu

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Ethereum layer-two developer StarkWare valued at $2B following $50M raise

Sequoia Capital led zk-Rollup protocol StarkWare’s Series C funding round. 5020 Total views 45 Total shares Israel-based StarkWare announced on Tuesday via Twitter that it had raised $50 million in a Series C funding round, and that the firm’s valuation is now at $2 billion. Sequoia Capital was the lead investor, among other contributors. Seven months ago, StarkWare raised $75 million in a Series B funding led by Paradigm. This news comes ah

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Sotheby’s Metaverse announces latest and largest NFT charity auction

Proceeds will go towards Sostento, a nonprofit that supports frontline public health workers. 3896 Total views 60 Total shares Sotheby’s, the world’s oldest art and luxury auction house, announced its collaboration with the public health care advocate and nonprofit organization Sostento to auction off its latest nonfungible token (NFT) collection via Sotheby’s Metaverse. The auction titled Gifted: The 140 Collection is considered to be So

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Southeast Asian financial institutions turn to the Ethereum blockchain

Is Ethereum the blockchain of choice for financial institutions in Southeast Asia, or will companies seek alternatives due to limitations? 8582 Total views 76 Total shares Blockchain innovation is surging throughout Southeast Asia, as the region is home to a number of fintech firms and global crypto companies. In particular, Singapore has become one of the world’s most crypto-friendly countries. This was recently highlighted in a report conduc

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Foundry USA becomes second-largest Bitcoin mining pool amid China ban

New York-based Foundry USA contributed to a 15.42% share of the network hash rate and is just 4,000 PH/s behind AntPool. 8050 Total views 63 Total shares New York-based crypto-mining service provider Foundry USA takes the lead to become the world’s second-largest Bitcoin (BTC) mining pool after taking up a 15.42% share of the network. Data from BTC.com shows that Digital Currency Group-owned Foundry USA stands behind the pool leader AntPool b

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Sotheby’s Metaverse announces latest and largest NFT charity auction

Proceeds will go towards Sostento, a nonprofit that supports frontline public health workers. 2099 Total views 9 Total shares Sotheby’s, the world’s oldest art and luxury auction house, announced its collaboration with the public health care advocate and nonprofit organization Sostento to auction off its latest NFT collection via the Sotheby’s Metaverse. The auction titled Gifted: The 140 Collection is considered to be Sotheby’s “bigge

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Polygon launches a zk-STARK scaling solution for DApp deployment

The move is expected to improve the validation process for DApps on the Polygon network. 7754 Total views 47 Total shares Polygon, a layer two scaling solution for Ethereum compatible blockchains, stated in a press release provided to Cointelegraph that it has launched its zk-STARK powered Miden Virtual Machine for the development of decentralized applications, also known as DApps . zk-STARK stands for zero-knowledge Scalable Transparent ARgum

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Bloktopia co-founder aspires to build a metaverse with ‘hundreds of the best crypto projects’

In an exclusive ask-me-anything session with Cointelegraph Markets Pro on Discord, Paddy Carroll discussed virtual real estate sales, roadmaps, tokenomics and more regarding the upcoming Bloktopia metaverse. 15940 Total views 19 Total shares Bloktopia is a virtual skyscraper in the Metaverse comprised of 21 levels, designed to pay homage to the 21 million total maximum supply of Bitcoin (BTC). Owners of its BLOK tokens will be known as Bloktopia

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DeFi’s quest to reimagine finance must come from a community-based design

A more inclusive DeFi lending protocol can empower the unbanked and underbanked in ways traditional finance cannot. 6744 Total views 74 Total shares Crypto has seen a rise in novel uses of liquidity mining and rewards through protocols like Uniswap, Aave and Compound. More recently, a new crop of DeFi 2.0 protocols such as OlympusDAO, Alchemix and Abracadabra are exploring new ways of operating without giving up token rewards.  For all the inno

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Boson Protocol seeks to blend physical and digital marketplaces in the Metaverse

Co-founder Justin Banon discusses Boson Protocol’s plans to launch the world’s first Metaverse commerce experience in Decentraland. 6376 Total views 19 Total shares Boson Protocol is a decentralized commerce protocol that seeks to enable the sale of physical goods, services and experiences in the Metaverse as nonfungible tokens (NFTs), and hopes to provide an infrastructure layer for exchanging assets of non-monetary value. For example, an N

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Futurist film maker Ian Khan on tomorrow’s AI and blockchain

Ian Khan is a futurist who expects that blockchain, artificial intelligence and the Internet of Things will merge together to create an entirely new type of world.  He’s the inventor of the Future Readiness Score, the author of eight books and the chairperson of the Money 20/20 fintech conference. His first film,  Blockchain City , is far from an underground production. The 42-minute film, which is available on Youtube and Amazon Prime, is a businessy, optimistic and somewhat sanitized

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Portal partners with Polygon to advance DeFi on Bitcoin

Polygon’s scaling solution hosts in excess of 400 decentralized applications across a 1.5 million user base. 7078 Total views 21 Total shares Decentralized exchange, or DEX, and self-custody wallet platform Portal has announced a strategic partnership agreement with layer-two blockchain network Polygon to advance Bitcoin functionality in the decentralized finance, or DeFi, market. Portal currently offers fully decentralized on-chain spot and o

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What is Mimblewimble and how does it work?

Mimblewimble is a spell that literally ties the target's tongue to keep them from exposing information on a given subject. It is well-known among Harry Potter enthusiasts. 2129 Total views 13 Total shares What is Mimblewimble?  Mimblewimble is a privacy-oriented decentralized protocol that uses a novel way of structuring and storing transactions on the blockchain. It was designed and introduced by an anonymous developer who went by the name Tom

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Taproot activates, K-pop enters the Metaverse and Staples Center becomes Crypto.com Arena: Hodler’s Digest, Nov. 7-13

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week The Bitcoin network welcomes Taproot soft fork upgrade The Bitcoin ( BTC ) network underwent its first major upgrade since 2017 after the Taproot soft fork went live following a 90% l

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DeFi’s quest to reimagine finance must come from a community-based design

A more inclusive DeFi lending protocol can empower the unbanked and underbanked in ways traditional finance cannot. 6573 Total views 74 Total shares Crypto has seen a rise in novel uses of liquidity mining and rewards through protocols like Uniswap, Aave and Compound. More recently, a new crop of DeFi 2.0 protocols such as OlympusDAO, Alchemix and Abracadabra are exploring new ways of operating without giving up token rewards.  For all the inno

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Price analysis 10/29: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, SHIB, LUNA

Ethereum is outperforming Bitcoin in the short-term and the strength of ETH in its USD and BTC pair could be a sign that the entire altcoin market is on the verge of a larger rally. 38923 Total views 11 Total shares Bitcoin (BTC) is still in a corrective phase but Ether (ETH) has attracted strong buying, which pushed it to a new all-time high on Oct. 29. The successful Altair Beacon chain upgrade seems to have boosted sentiment and it also paves

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KuCoin Labs launches $100M VC fund to empower early-stage metaverse projects

The world’s sixth-largest cryptocurrency exchange by volume is making its move into the metaverse. 9740 Total views 58 Total shares KuCoin Labs, the company behind the world’s sixth-largest cryptocurrency exchange by trading volume with more than 500 crypto assets listed, announced on Wednesday that it would be launching a $100-million metaverse fund for early-stage projects. The money is to be also available for entities that develop blockc

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Shanghai Man: VeChain still popular in China, crypto media shutdown and OKEx goes global

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.   It’s been over half a year since the crackdowns began in China and pressure from the top-down government is still being enforced. Most projects operating from within China are finding ways to skirt regulations by focusing on the technological aspect,

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BREAKING: The Bitcoin network welcomes Taproot soft fork upgrade

The Taproot soft fork introduces the concept of Merkelized Abstract Syntax Tree (MAST) to improve the scripting capabilities and privacy of the Bitcoin network. 22809 Total views 195 Total shares The Bitcoin network successfully activated the Taproot soft fork following a 90% lock-in consensus from miners and mining pools between blocks 709,488 and 709,632. The milestone signifies the first major upgrade for Bitcoin since August 2017, which saw

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The stablecoin boom won’t continue without decentralized interoperability

Universal interoperability is the missing piece that can unlock stablecoins’ and CBDCs’ potential for the global digital economy. 11092 Total views 117 Total shares Stablecoins are the cornerstone of the digital asset marketplace with a market cap of over $100 billion. Governments are already putting considerable resources in being up to speed with the trends. A November 2021 report published by the United States President’s Working Group

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KuCoin Labs launches $100M VC fund to empower early-stage metaverse projects

The world’s sixth-largest cryptocurrency exchange by volume is making its move into the metaverse. 9422 Total views 58 Total shares KuCoin Labs, the company behind the world’s sixth-largest cryptocurrency exchange by trading volume with more than 500 crypto assets listed, announced on Wednesday that it would be launching a $100-million metaverse fund for early-stage projects. The money is to be also available for entities that develop blockc

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Acala wins first Polkadot parachain auction with over 32M DOT staked

The upcoming Polkadot DeFi hub raised nearly $1.3 billion from approximately 25,000 contributors in its token ICO. 7515 Total views 34 Total shares On Thursday morning, Acala, a decentralized finance (DeFi) protocol operating on the Polkadot (DOT) network, announced it had won the first-ever Polkadot parachain auction.  Acala raised a total of 32.5 million DOT, worth roughly $1.28 billion, from 24,934 contributors via an initial coin offering

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KuCoin Labs launches $100M VC fund to empower early-stage metaverse projects

The world’s sixth-largest cryptocurrency exchange by volume is making its move into the metaverse. 9143 Total views 58 Total shares KuCoin Labs, the company behind the world’s sixth-largest cryptocurrency exchange by trading volume with more than 500 crypto assets listed, announced on Wednesday that it would be launching a $100-million metaverse fund for early-stage projects. The money is to be also available for entities that develop blockc

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Price analysis 11/12: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, SHIB, LUNA

Bearish pressures mount against Bitcoin price and this could lead to sharp short-term pullbacks in the prices of many altcoins. 36235 Total views 38 Total shares Bitcoin (BTC) price continues to weaken following the shakeout of the leveraged traders in the derivatives markets on Nov. 10. This caused the derivative funding rates to drop to the neutral territory of 0.01% across exchanges. Data analysis firm Arcane Research said in its latest weekl

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Acala wins first Polkadot parachain auction with over 32M DOT staked

The upcoming Polkadot DeFi hub raised nearly $1.3 billion from approximately 25,000 contributors in its token ICO. 4563 Total views 51 Total shares On Thursday morning, Acala, a decentralized finance (DeFi) protocol operating on the Polkadot (DOT) network, announced it had won the first-ever Polkadot parachain auction.  Acala raised a total of 32.5 million DOT, worth roughly $1.28 billion, from 24,934 contributors via an initial coin offering

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Axie Infinity guild CGU helps players enter the fantasy play-to-earn NFT game with 'scholarships'

"By playing-to-earn and learn, our scholars are gaining critical new skills that will shortly be in huge demand by employers setting up shop in the metaverse," says CGU co-founder Sergei Sergienko. 10296 Total views 44 Total shares Axie Infinity, a monster-battling NFT game, has been gaining a lot of traction with over $600 million Axies bought and sold in the past month. Each Axie is a nonfungible token, or NFT, minted on the Ethereum (ETH) bl

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Two firms account for the majority of Tether received: Report

A new study by Protos claims that Tether flow is dominated by just two firms — Alameda Research and Cumberland. 9057 Total views 42 Total shares Tether (USDT) has gone from being a renegade cryptocurrency to becoming the industry’s primary crutch during the last seven years, according to a new report.  Essentially, USDT is a bridge between traditional currencies like the United States dollar and decentralized digital currencies operating on

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Elon Musk dumps $1.1B in Tesla stock, NYCCoin launches with mayor’s blessing and Mastercard pushes crypto-linked cards in Asia: Hodler’s Digest, Nov. 7-13

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Crypto markets tag $3T combined market cap for first time At the start of this week, the combined cryptocurrency market cap broke $3 trillion for the first time. The market has fluctuat

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Binance Smart Chain hits record-high daily transactions

The DeFi platform has recorded approximately 1.75 billion lifetime transactions since its launch in August 2020. 4031 Total views 30 Total shares Analytical data from BscScan, a sister product of Etherscan, reveals that Binance Smart Chain (BSC) surpassed 14.7 million blockchain transactions on Tuesday.  This establishes a landmark all-time high for the decentralized finance network, which exceeds the previous high of 13.1 million recorded on J

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DeFi’s quest to reimagine finance must come from a community-based design

A more inclusive DeFi lending protocol can empower the unbanked and underbanked in ways traditional finance cannot. 6255 Total views 74 Total shares Crypto has seen a rise in novel uses of liquidity mining and rewards through protocols like Uniswap, Aave and Compound. More recently, a new crop of DeFi 2.0 protocols such as OlympusDAO, Alchemix and Abracadabra are exploring new ways of operating without giving up token rewards.  For all the inno

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Meet Dmitry: Co-founder of Ethereum’s creator Vitalik Buterin

Dmitry Buterin is a self-made millionaire who fathered a billionaire who created a cryptocurrency that’s on its way to becoming a trillion-dollar asset. Suffice to say the possibility that Buterin would found three multi-million dollar businesses and retire in his 40s was beyond his wildest imaginings growing up in Grozny, Chechnya in the former Soviet Union during the 1970s. “Of course not,” the Toronto resident says in a still quite prominent accent. “Because in the Soviet Union, wh

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Polygon launches a zk-STARK scaling solution for DApp deployment

The move is expected to improve the validation process for DApps on the Polygon network. 4569 Total views 5 Total shares Polygon, a layer two scaling solution for Ethereum compatible blockchains, stated in a press release provided to Cointelegraph that it has launched its zk-STARK powered Miden Virtual Machine for the development of decentralized applications, also known as DApps . zk-STARK stands for zero-knowledge Scalable Transparent ARgume

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Hedera’s governing body adds ServiceNow to its ranks

Hedera Hashgraph intends to integrate the Now Platform to create a new level of trust and accountability in digital transformation transactions. 4233 Total views 49 Total shares The Hedera Governing Council has accepted cloud-based digital workflow platform ServiceNow as its newest member. Hedera intends to integrate the Now Platform to create a new level of trust and accountability in digital transformation transactions.  Hedera and ServiceNow

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MyEtherWallet allows users to mint Ethereum blocks as NFTs

CEO Kosala Hemachandra discussed MyEtherWallet’s first NFT drop and its dedication to “making history.” 15437 Total views 89 Total shares MyEtherWallet, or MEW, launched its first nonfungible token (NFT) collection called ETH Blocks on Thursday, which tokenizes individual blocks on the Ethereum blockchain. Unique images associated with ETH Blocks are generated based on the block’s data. These NFTs are available exclusively to MEW users v

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The stablecoin boom won’t continue without decentralized interoperability

Universal interoperability is the missing piece that can unlock stablecoins’ and CBDCs’ potential for the global digital economy. 10716 Total views 117 Total shares Stablecoins are the cornerstone of the digital asset marketplace with a market cap of over $100 billion. Governments are already putting considerable resources in being up to speed with the trends. A November 2021 report published by the United States President’s Working Group

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‘In the next three to five years, the DeFi industry will grow massively,’ says 1inch Network co-founder Anton Bukov

The co-founder of the world’s eighth-largest DEX by trading volume joined Cointelegraph Markets Pro users for an exclusive AMA on Monday. 9552 Total views 70 Total shares It’s only been two years since its founding, but decentralized exchange (DEX) protocol 1inch Network has already surpassed $85.8 billion in cumulative trading volume. At a May 2019 hackathon in New York City, 1inch co-founders Anton Bukov and Sergej Kunz developed a protot

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Axie Infinity guild CGU helps players enter the fantasy play-to-earn NFT game with 'scholarships'

"By playing-to-earn and learn, our scholars are gaining critical new skills that will shortly be in huge demand by employers setting up shop in the metaverse," says CGU co-founder Sergei Sergienko. 9179 Total views 44 Total shares Axie Infinity, a monster-battling NFT game, has been gaining a lot of traction with over $600 million Axies bought and sold in the past month. Each Axie is a nonfungible token, or NFT, minted on the Ethereum (ETH) blo

Read More

MyEtherWallet allows users to mint Ethereum blocks as NFTs

CEO Kosala Hemachandra discussed MyEtherWallet’s first NFT drop and its dedication to “making history.” 14862 Total views 89 Total shares MyEtherWallet, or MEW, launched its first nonfungible token (NFT) collection called ETH Blocks on Thursday, which tokenizes individual blocks on the Ethereum blockchain. Unique images associated with ETH Blocks are generated based on the block’s data. These NFTs are available exclusively to MEW users v

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Landry’s Restaurant Group to introduce Bitcoin loyalty program

Landry’s Select Club members will be able to earn Bitcoin-centric rewards points at 500 restaurant locations around the United States. 2937 Total views 48 Total shares Landry’s Restaurant Group announced a partnership with cryptocurrency firm NYDIG on Tuesday that will enable diners to earn $25 worth of Bitcoin for every $250 spent at the hospitality conglomerate’s eateries. Landry’s will also begin keeping a portion of its corporate tre

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Crypto City: Guide to New York

This “Crypto City” guide looks at New York City’s crypto culture, its most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses — and there’s even a short history of the controversial regulatory regime required to operate in the city. Fast facts City: New York Country: United States Population: 8.8 million Established: 1624 Language: English New York City is a bustling metropolis in the

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Why are major global brands experimenting with NFTs in the Metaverse?

It is the integration of nonfungible tokens into the Metaverse that has initiated the transformation of our interactions in virtual worlds. 4091 Total views 44 Total shares Blockchain is a core technology that differentiates itself from other technologies by having solved the double expense with the emergence of the Bitcoin blockchain in 2008. Nonfungible tokens, or NFTs, were driven by blockchain technology which brought scarcity and interopera

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DeFi’s quest to reimagine finance must come from a community-based design

A more inclusive DeFi lending protocol can empower the unbanked and underbanked in ways traditional finance cannot. 4741 Total views 74 Total shares Crypto has seen a rise in novel uses of liquidity mining and rewards through protocols like Uniswap, Aave and Compound. More recently, a new crop of DeFi 2.0 protocols such as OlympusDAO, Alchemix and Abracadabra are exploring new ways of operating without giving up token rewards.  For all the inno

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Adapt or die: Venture capital vs. crypto, blockchain, DAOs and Web 3.0

Venture capital cannot just stick to its existing structures and processes if it wants to remain relevant in the new Web 3.0 era. 1952 Total views 16 Total shares We have seen a steep adoption of crypto-based systems this year, including decentralized finance (DeFi) applications, nonfungible tokens (NFTs) such as digital art, crypto-centric gaming, and increased adoption of cryptocurrencies as investment and payment tools. One of the more recent

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Largest cryptocurrency exchange in Latin America to develop renewable energy tokens

Mercado Bitcoin and Comerc plan to launch two separate tokens incentivizing renewable energy use. 4769 Total views 46 Total shares In an announcement to Reuters News on Thursday morning, Brazillian cryptocurrency exchange Mercado Bitcoin said it has signed an agreement with Comerc, one of the main retail energy providers in Brazil, to develop renewable energy tokens. Mercado Bitcoin and Comerc seek to implement two types of tokens. The first, se

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Doctors Without Borders is now using blockchain tech for medical record storage

Blockchain documentation service Transcrypts announced a partnership with the humanitarian organization on Thursday. 6303 Total views 354 Total shares At a November 11 press conference, blockchain- based document security company Transcrypts announced a partnership with Doctors Without Borders, or DWB, that began on October 14th. Working together, they have already uploaded 6500 immunization records to the blockchain, with a goal of 76000 by 202

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Axie Infinity guild CGU helps players enter the fantasy play-to-earn NFT game with 'scholarships'

"By playing-to-earn and learn, our scholars are gaining critical new skills that will shortly be in huge demand by employers setting up shop in the metaverse," says CGU co-founder Sergei Sergienko. 5072 Total views 68 Total shares Axie Infinity, a monster-battling NFT game, has been gaining a lot of traction with over $600 million Axies bought and sold in the past month. Each Axie is a nonfungible token, or NFT, minted on the Ethereum (ETH) blo

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Crypto miner Hut 8 surpassed 5K Bitcoin held in reserves

According to the firm, it mines close to 20 BTC per day. 4401 Total views 90 Total shares In its third-quarter earnings release, Canadian cryptocurrency miner Hut8 announced that it surpassed the goal set earlier this year of holding 5,000 Bitcoins (BTC) in reserves through mining. Its Bitcoin balance now amounts to 5,053, for a total market value of $430 million. During the quarter, Hut 8 generated 50.34 million (CA$) (worth around $40 millio

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Price analysis 10/20: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI

Bitcoin’s breakout to $67,000 also sent the total crypto market capitalization to a new all-time high and is a signal that altcoins could soon embark on a new uptrend. 39560 Total views 44 Total shares Bitcoin (BTC) surged to a new all-time high on Oct. 20, hitting close to $67,000. Ether (ETH) also broke above its immediate resistance and has started its march toward the all-time high. This pushed the total market capitalization of the crypto

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Finance Redefined: ENS airdrops token, and SEC’s Crenshaw speaks on DeFi, Nov. 5–12

Ethereum Name Service issued its native token, an SEC commissioner published a DeFi opinion piece, and Polkadot’s parachains registered billions of dollars — all coming to you in this week’s Finance Redefined. 1669 Total views 37 Total shares Welcome to the latest edition of Cointelegraph’s decentralized finance (DeFi) newsletter. Ethereum Name Service announced a retroactive token airdrop this week to a fanfare of crypto enthusiasts. If

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DOGE-1 moon mission set for launch with SpaceX in early 2022

The Dogecoin-funded payload appears to be on track for launch in the first quarter of 2022 onboard SpaceX’s Falcon 9. 27481 Total views 157 Total shares DOGE-1, the first crypto-funded mission to the moon, is set to launch early next year following a new partnership between two blockchain companies and manufacturer Geometric Energy Corporation, also known as GEC. Smart exchange ecosystem Unizen and decentralized finance incubator ZenX announce

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Polkadot price moves higher as parachain auctions reduce DOT’s circulating supply

DOT price targets new highs and investors expect the ongoing Polkadot parachain auctions to send the price on a trajectory that mirrors Kusama’s 2020 breakout. 25799 Total views 79 Total shares This week, a number of contenders are set to participate in Polkadot's first parachain auctions and this process tends to place buy pressure on DOT, while also giving aspiring blockchain projects a chance to show why they offer the most competitive solu

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‘We'll see about 200 chains connected through Cosmos’ IBC next year,’ says Tendermint CEO Peng Zhong

In an exclusive interview with Cointelegraph, Peng Zhong, CEO of Tendermint, the core developer of the Cosmos blockchain, discussed recent cutting-edge advancements in the ecosystem. 8285 Total views 6 Total shares Ever since the launch of the inter-blockchain communications, or IBC, protocol in March, which enabled the communication and transfer of digital assets across different blockchains, development activity seems to have picked up pace on

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DOGE-1 moon mission set for launch with SpaceX in early 2022

The Dogecoin-funded payload appears to be on track for launch in the first quarter of 2022 onboard SpaceX’s Falcon 9. 25391 Total views 157 Total shares DOGE-1, the first crypto-funded mission to the moon, is set to launch early next year following a new partnership between two blockchain companies and manufacturer Geometric Energy Corporation, also known as GEC. Smart exchange ecosystem Unizen and decentralized finance incubator ZenX announce

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Landry’s Restaurant Group to introduce Bitcoin loyalty program

Landry’s Select Club members will be able to earn Bitcoin-centric rewards points at 500 restaurant locations around the United States. 2644 Total views 20 Total shares Landry’s Restaurant Group announced a partnership with cryptocurrency firm NYDIG on Tuesday that will enable diners to earn $25 worth of Bitcoin for every $250 spent at the hospitality conglomerate’s eateries. Landry’s will also begin keeping a portion of its corporate tre

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Climate Chain Coalition advocates for the creation of a green economy at COP26

A number of representative and delegates supporting the Climate Chain Coalition group spoke at a dedicated panel on Tuesday at COP26. 1375 Total views 6 Total shares Delegate representatives from the Climate Chain Coalition spoke at the United Nations Climate Change Conference, also known as COP26, in Glasgow, Scotland on Tuesday. The Climate Chain Coalition, or CCC, is a global environmental initiative consisting of 250 member organizations and

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‘We'll see about 200 chains connected through Cosmos’ IBC next year,’ says Tendermint CEO Peng Zhong

In an exclusive interview with Cointelegraph, Peng Zhong, CEO of Tendermint, the core developer of the Cosmos blockchain, discussed recent cutting-edge advancements in the ecosystem. 5069 Total views 22 Total shares Ever since the launch of the inter-blockchain communications, or IBC, protocol in March, which enabled the communication and transfer of digital assets across different blockchains, development activity seems to have picked up pace o

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Price analysis 10/20: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI

Bitcoin’s breakout to $67,000 also sent the total crypto market capitalization to a new all-time high and is a signal that altcoins could soon embark on a new uptrend. 39523 Total views 44 Total shares Bitcoin (BTC) surged to a new all-time high on Oct. 20, hitting close to $67,000. Ether (ETH) also broke above its immediate resistance and has started its march toward the all-time high. This pushed the total market capitalization of the crypto

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Crypto’s climate impact: Are carbon offsets good enough?

Carbon offsets could be an important step in the crypto industry’s move toward carbon neutrality, although some experts see them as a pure greenwash. 1660 Total views 24 Total shares As global leaders discuss what needs to be done to address the concerns surrounding climate change at the COP26 summit in Glasgow, Scotland, businesses throughout the world are looking to achieve carbon neutrality. Environmental impact has been a hot topic in the

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Meme tokens and dogcoins flood the market as price wars heat up

Memecoins and dog-themed tokens are gaining more popularity and traction as the long-term upside seems very limited amid the flooded market. 25571 Total views 196 Total shares Meme tokens and dogcoins have been an integral part of the ongoing market-wide bull run in the cryptocurrency markets. Among the plethora of these tokens that have been flooding the market, two of these tokens, the longer-standing memecoin Dogecoin (DOGE) and Shiba Inu (SH

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Price analysis 11/8: BTC, ETH, BNB, ADA, SOL, XRP, DOT, SHIB, DOGE, AVAX

Bitcoin and Ethereum are taking full control of the market and technical analysis shows altcoins intend to keep pace with the top 2 cryptocurrencies. 30028 Total views 60 Total shares Bitcoin (BTC) is close to making a new all-time high and Ether (ETH) finally soared to hit a new high at $4,800. This pushed the total crypto market capitalization above $3 trillion for the first time ever on Nov. 8, according to data from CoinGecko. Data from Sant

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Brave to integrate with Solana blockchain on its privacy-enabled browser

More than 42 million Brave users will soon be able to access Solana DApps within Brave. 9642 Total views 47 Total shares During Solana’s Breakpoint conference in Lisbon, Portugal, executives from Brave and Solana Labs announced that the Brave browser would integrate with the Solana blockchain and feature Solana decentralized applications, or DApps, on its browser. Simultaneously, Solana will promote the adoption of Basic Attention Tokens (BAT)

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DeFi protocol Acala raises $400M in crowdloans during first Polkadot parachain auction

Both parachains on Polkadot and DeFi functions on Acala are still undergoing heavy development. 8342 Total views 24 Total shares Decentralized finance protocol Acala announced Monday that they have raised 8.5 million DOT (worth $451.8 million at time of publication) from over 53,000 participants. The protocol is also set to win the first parachain auction on Polkadot. Unlike typical crowdfunding rounds, Acala's financing mechanism is a crowdloa

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How blockchain technology might bring triple-A games to metaverses

For consumers or publishers of AAA games, transacting on a fee-based blockchain would simply be far too costly to bear. 9184 Total views 60 Total shares Nonfungible token-based projects like Loot and The N Project have helped spike interest in the Metaverse to an all-time high, raising hopes again that blockchain will finally break through to the masses. Will it, or is history doomed to repeat itself? The problem is that the very things that cap

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US senator submits resolution to allow crypto payments in Capitol Complex

The proposal, called the ACCEPT Resolution, would apply to gift shops, vending machines and restaurants. 3457 Total views 76 Total shares United States Senator Ted Cruz of Texas submitted a resolution on the Senate floor Monday that would require the acceptance of cryptocurrency payments at all gift shops, restaurants and vending machines located within the Capitol Complex. The resolution, titled Adopting Cryptocurrency in Congress as an Exchan

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What is a directed acyclic graph in cryptocurrency? How does DAG work?

A directed acyclic graph or DAG is a data modeling or structuring tool typically used in cryptocurrencies.  Unlike a blockchain, which consists of blocks, directed acyclic graphs have vertices and edges. Thus, crypto transactions are recorded as vertices. These transactions are then recorded on top of one another. Similar to a blockchain, however, transactions are also submitted to the DAG via nodes. Proof-of-work (PoW) tasks are required of nodes to submit a transaction.  Simply put, wher

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Meme tokens and dogcoins flood the market as price wars heat up

Memecoins and dog-themed tokens are gaining more popularity and traction as the long-term upside seems very limited amid the flooded market. 11013 Total views 49 Total shares Meme tokens and dogcoins have been an integral part of the ongoing market-wide bull run in the cryptocurrency markets. Among the plethora of these tokens that have been flooding the market, two of these tokens, the longer-standing memecoin Dogecoin (DOGE) and Shiba Inu (SHI

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Coinbase acquires Indian AI startup to improve customer service

Co-founded by Coinbase’s head of operations in India, Agara helps Coinbase with customer service using AI and machine learning. 5079 Total views 48 Total shares Coinbase, the largest cryptocurrency exchange in the United States, is working to improve its customer support while expanding in India by having acquired a new startup. Coinbase officially announced Tuesday the acquisition of Agara, an artificial intelligence-enabled support platform

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American grocer Kroger says Bitcoin Cash press release was fraudulent

A fraudulent statement claimed that Bitcoin Cash would be accepted at over 2,000 grocery stores in the United States. 4863 Total views 40 Total shares Disclaimer: This article initially reported that Kroger would accept Bitcoin Cash. It has since been amended following new information. American grocery store chain Kroger has denied claims that it is accepting cryptocurrency payments. The major retailer said that a press release stating it wou

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NFT collection's price takes a nosedive as creator's racist cartoons circulate

George Trosley’s racist drawings from his Hustler magazine days went unnoticed initially, but have since led to backlash. 6296 Total views 22 Total shares The Jungle Freaks nonfungible token (NFT) collection has lost roughly 80% of its trading value overnight after a series of racist cartoons drawn by one of its creators circulated on social media. The project is the brainchild of famed Hustler magazine cartoonist George Trosley and is curat

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Kevin Durant’s new SPAC firm to focus on crypto and blockchain

Brooklyn Nets star Kevin Durant has been inducted into the “blank check” hall of fame. 4769 Total views 52 Total shares Kevin Durant, a two-time NBA champion, has launched a special purpose acquisition company (SPAC) to look at collaborating with technology-driven businesses, including cryptocurrency enterprises. The firm was established in conjunction with Durant’s business associate Rich Kleiman. Durant, who was an early Coinbase backer,

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Mythical Games announces $150M raise as the company expands into NFTs

The game developer’s total valuation is now $1.25 billion, following a successful raise. 4665 Total views 35 Total shares Mythical Games announced the conclusion of a $150 million fundraising round. The company conducted the raise at a $1.25 billion valuation on Thursday, which was led by global venture capital firm Andreessen Horowitz. Mythical said it plans to use this new infusion of capital to help integrate nonfungible tokens (NFTs) into

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Colombian exporter developing cryptocurrency to help transport long-horned beetles to Japan

This Colombian beetle exporter once used biotechnology to reduce organic waste. It’s now moving into cryptocurrency development. 1499 Total views 64 Total shares As reported by Reuters Thursday morning, Tierra Viva (“Alive Earth”), a Colombian exporter of long-horned beetles based in Tunja, has been developing its own cryptocurrency to avoid high commission costs on international sales. According to the outlet, the Hercules, Neptunus and e

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Iran Blockchain Association head calls for special council on crypto laws

The Blockchain Association is offering to assist with crypto regulations in the Islamic state. 2615 Total views 59 Total shares According to Iran’s main blockchain organization, authorities have been remiss in their enforcement of cryptocurrency laws. The association is concerned about the government’s inactivity, offering its help to regulators that it feels are inadequately prepared to handle such a challenging task.  Abbas Ashtiani, head

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Price analysis 10/13: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI

Bitcoin remains strong above its recent breakout level, but several major altcoins will be under pressure until BTC reveals its next move. 26657 Total views 51 Total shares Bitcoin (BTC) has been sustaining above $54,000 for the past few days but that has not resulted in euphoria among investors. Google Trends data shows that Bitcoin search interest has not picked up in recent days and is nearing one-year lows. Some analysts believe that this is

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Cointelegraph Consulting: Recounting 2021’s biggest DeFi hacking incidents

A total of 169 blockchain hacking incidents have taken place in 2021, with nearly $7 billion in funds lost. 1900 Total views 26 Total shares Compound Finance is just one of the latest victims of DeFi hacking incidents in 2021. On Sept. 30, its errant token distribution bug within the Proposal 062 exposed a flaw in which $70 million–$85 million in excess COMP tokens were wrongly distributed to users.  Yet, an extra $65 million was placed in a

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City of Liverpool takes interest in blockchain-powered food delivery platform

Peepl seeks to enhance adoption by rewarding users with new tokens for every food delivery order. 5517 Total views 17 Total shares On Monday, Metro Mayor of the Liverpool City Region Steve Rotheram announced a 700,000 pound investment ($955,957) into food delivery service Peepl. The software aims to act as a cost-efficient alternative to food delivery giants for local restaurants. Peepl is powered by the Fuse blockchain, which boasts having fast

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Enjin wants to decentralize its metaverse with new $100M fund

The Efinity Metaverse Fund will focus on seed equity investments for projects building Efinity. 7902 Total views 58 Total shares Blockchain gaming platform Enjin is establishing a new fund to support the development of the metaverse ecosystem and make it more decentralized. Enjin, a startup behind the nonfungible token (NFT)-focused blockchain Efinity, has formed a $100-million fund to support ​​Efinity adopters as well as other related proj

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Cardano prepares to scale with Hydra upgrade as network reaches 2M wallets

It's been barely half a year since Cardano's network hit the 1 million wallets mark. 30367 Total views 96 Total shares In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on May 22, 2021. During that period, the Cardano Foundation successfully implemented the Alonzo hard fork, enabling smart contracts on it

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US senator submits resolution to allow crypto payments in Capitol Complex

The proposal, called the ACCEPT Resolution, would apply to gift shops, vending machines and restaurants. 3105 Total views 76 Total shares United States Senator Ted Cruz of Texas submitted a resolution on the Senate floor Monday that would require the acceptance of cryptocurrency payments at all gift shops, restaurants and vending machines located within the Capitol Complex. The resolution, titled Adopting Cryptocurrency in Congress as an Exchan

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Stablecoins report: SEC won’t lead regulation, Congress urged to act

The SEC was denied a monopoly over the stablecoin sector, yet the risk of being designated “systemically important” persists. 2501 Total views 35 Total shares On Nov. 1, the United States President’s Working Group on Financial Markets (PWG) released its long-anticipated report and policy recommendations on stablecoins. The document’s main focus is on prudential risks that “payment stablecoins” — or those meant to maintain a stable

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wXRP to launch on the Ethereum blockchain in December

The XRP network still appears to be innovating despite its regulatory woes. 16504 Total views 72 Total shares If all goes according to plan, Wrapped XRP (wXRP) will be coming to the Ethereum (ETH) blockchain next month, courtesy of Wrapped.com. The move is meant to enable XRP holders to interact with aspects of decentralized finance, or DeFi, such as executing smart contracts for use in borrowing and lending, swapping for altcoins, via their na

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Price analysis 10/15: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI

Hopes of a BTC ETF approval sent Bitcoin charging toward a new all-time high and several altcoins are also breaking out of bullish setups. 36122 Total views 44 Total shares Bitcoin (BTC) rose within a few steps of $63,000 today for the first time since April 18. The recent surge in the price may have been caused by various documents pointing to the eventual approval of a futures-based BTC ETF by the United States Securities and Exchange Commissi

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Avalanche creates $200-million fund to lure top crypto devs

The $200-million fund aims to foster growth and innovation on the Avalanche network. 7412 Total views 52 Total shares The Avalanche Foundation has unveiled “Blizzard” — a fund offering more than $200 million in incentives to developers who build on the Avalanche network. The fund will provide liquidity to those early-stage projects that innovate decentralized finance (DeFi) applications, nonfungible tokens (NFT) and other products on Avala

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NFT collection's price takes a nosedive as creator's racist cartoons circulate

George Trosley’s racist drawings from his Hustler magazine days went unnoticed initially, but have since led to backlash. 5287 Total views 28 Total shares The Jungle Freaks nonfungible token (NFT) collection has lost roughly 80% of its trading value overnight after a series of racist cartoons drawn by one of its creators circulated on social media. The project is the brainchild of famed Hustler magazine cartoonist George Trosley and is curat

Read More

NFT collection's price takes a nosedive as creator's racist cartoons circulate

George Trosley’s racist drawings from his Hustler magazine days went unnoticed initially, but have since led to backlash. 4811 Total views 34 Total shares The Jungle Freaks nonfungible token (NFT) collection has lost roughly 80% of its trading value overnight after a series of racist cartoons drawn by one of its creators circulated on social media. The project is the brainchild of famed Hustler magazine cartoonist George Trosley and is curat

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Price analysis 10/15: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI

Hopes of a BTC ETF approval sent Bitcoin charging toward a new all-time high and several altcoins are also breaking out of bullish setups. 36090 Total views 44 Total shares Bitcoin (BTC) rose within a few steps of $63,000 today for the first time since April 18. The recent surge in the price may have been caused by various documents pointing to the eventual approval of a futures-based BTC ETF by the United States Securities and Exchange Commissi

Read More

NFT collection's price takes a nosedive as creator's racist cartoons circulate

George Trosley’s racist drawings from his Hustler magazine days went unnoticed initially, but have since led to backlash. 3013 Total views 40 Total shares The Jungle Freaks nonfungible token (NFT) collection has lost roughly 80% of its trading value overnight after a series of racist cartoons drawn by one of its creators circulated on social media. The project is the brainchild of famed Hustler magazine cartoonist George Trosley and is curat

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Americans reinvesting stimulus checks in Bitcoin made $4.5k in profit

A timely reinvestment of $3,200 worth of stimulus checks into Bitcoin would return a total profit of $4,514 (nearly 141%) by the end of October. 12211 Total views 219 Total shares An average American taxpayer received three rounds of stimulus checks from the United States government as a means to reignite the economy by increasing consumers’ spending potential. For some, this meant an opportunity to invest in Bitcoin (BTC). A Cointelegraph rep

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Patreon to explore expansion into crypto realm

The online content creator platform is seeking feedback about a possible “social token or creator coin.” 2176 Total views 6 Total shares Patreon executives again teased their company's expansion into the world of crypto at a 2021 Creator Economy Summit by The Information panel. Patreon CEO Jack Conte appeared with chief product officer Julian Gutman, saying: “I really love the idea of creators owning their media and owning their content. [

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What is the worst nightmare that could happen to crypto? Experts answer

Back on Oct. 31, 2008, a person — or a group of people — who called themself Satoshi Nakamoto published a nine-page paper describing a “purely peer-to-peer version of electronic cash” that introduced a brand-new online payments system called Bitcoin (BTC). Last year, for the white paper’s 12th birthday, Cointelegraph collected industry leaders’ wishes for Bitcoin.  This year, Bitcoin turns 13, and since Oct. 31 is also the day on which Halloween is celebrated, we decided to

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Price analysis 11/1: BTC, ETH, BNB, ADA, SOL, XRP, DOT, SHIB, DOGE, LUNA

Bitcoin and Ether closed October on a strong note, increasing the possibility that the rally will pick up pace in November. 10052 Total views 13 Total shares Bitcoin (BTC) and Ether (ETH) had their highest monthly close ever in October, indicating strong momentum that favors buyers. The focus now shifts to November, which has been largely bullish for Bitcoin. Since 2013, Bitcoin has closed November in the red on only two occasions, in 2018 and 2

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US Senator Hagerty to CFPB Director: Don’t stifle crypto innovation

The conversation occurred at a banking committee meeting with Consumer Protections director Rohit Chopra. 4161 Total views 63 Total shares United States Senator Bill Hagerty, who was elected in 2020 to represent Tennessee after a stint as Ambassador to Japan, spoke to newly appointed Consumer Financial Protection Bureau Director Rohit Chopra regarding cryptocurrencies in a banking committee hearing, saying, “I just want to make certain as you

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7 lessons learned from building and scaling Bitcoin mining operations

Building industrial-scale BTC mining farms isn’t easy, but learning from the experience of others will help you to navigate your next moves in crypto mining. 6579 Total views 70 Total shares It all started with mining Bitcoin (BTC) in a dorm room. What started as a hobby with a few mining rigs scaled into twenty industry-scale mining farms across the globe. Because we scaled our operations in a new industry, we had to discover what worked and

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Powers On… Why US officials ignore ethics and STOCK Act by trading stocks?

About two weeks ago, The Wall Street Journal ran an expose on the number of judges who held or traded the stock of companies over which they presided in legal proceedings. The article identifies 131 federal judges nationwide who did this during the period of 2010 to 2018. Of those 131 members of the judiciary, 61 judges purportedly traded the public company stock of litigants during the case. Imagine that! It’s quite incredible, actually. Powers On… is a monthly opinion colu

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More than 40 digital currency ETFs await US regulatory approval

Competitors are quickly following suit after the first U.S.-based Bitcoin ETF debuted earlier this month. 4767 Total views 50 Total shares Fund managers appear to be scrambling to match demand from investors as major cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) teeter around record price levels. According to a Bloomberg Terminal screenshot taken by Bloomberg Intelligence analyst James Seyffart, over 40 cryptocurrency exchange-traded fu

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Ethereum 2.0 inches closer with the Beacon Chain’s Altair upgrade

The Altair upgrade later this month will be the first update to the Beacon Chain, marking the first preparatory move for the upcoming Merge. 21787 Total views 115 Total shares The price of Ether (ETH) nearly hit a new all-time high on Oct. 21 before falling below $4,000 after the $435-million options expiry on Oct. 22 soured the mood. The Ethereum network is set to take another step toward Ethereum 2.0 on Oct. 27 at epoch 74240 with the Altair u

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Shanghai Man: Inside Blockchain Week’s private parties, Vitalik’s speech, and Gate.io climbs the ranks

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.   This week, Wanxiang Blockchain hosted its annual Shanghai Blockchain Week, an event that usually brings together the government, enterprise, academic and degen side of the industry for a big celebration of how far decentralized technology has come.

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BREAKING: Cream Finance appears to have suffered major loss in flash loan hack

Malicious actors continue to target decentralized finance projects for their exploits. On Wednesday, a major DeFi lending platform suffered a flash loan attack. 5958 Total views 19 Total shares Decentralized lending platform Cream Finance appears to have suffered a severe exploit on Wednesday, with an attacker stealing over $100 million worth of funds through a large flash loan attack.  Blockchain data analytics company PeckShield first identif

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