cryptocurrency

Finance Redefined: DeFi party’s over, back to building now, Sept. 30—Oct. 7

Finance Redefined: DeFi party’s over, back to building now, Sept. 30—Oct. 7

DeFi tokens suffered massive losses this week, and they could continue. This week in DeFi was notable for its lack of notable events. Nobody set new records for the fastest hack of a new contract, nobody famous exit scammed or pulled a DeFi Jesus reincarnation act. You can just feel that something is different now. […]

Price analysis 10/7: BTC, ETH, XRP, BCH, BNB, DOT, LINK, LTC, CRO, BSV

Price analysis 10/7: BTC, ETH, XRP, BCH, BNB, DOT, LINK, LTC, CRO, BSV

Bitcoin and altcoins could remain range-bound for a few days as traders search for triggers that will start the next trending move. Crypto prices may be in a rut but that doesn’t mean product development and acquisitions cease to occur. This week Japanese financial firm SBI Holdings acquired a 100% stake in TaoTao cryptocurrency exchange. 

Pantera says they’re placing a heavier bet on DeFi than the rest of the market

Pantera says they’re placing a heavier bet on DeFi than the rest of the market

Despite the recent slump, Pantera believes that most of the growth in the next bull cycle will be generated by DeFi. In an October 6 webinar, Pantera Capital disclosed that their Digital Asset Fund intends to invest more heavily into DeFi assets than the rest of the market.  Source: Pantera Capital. Pantera’s co-chief investment officer,

Crypto interoperability evolves: From blockchain bridges to DeFi transfers

Crypto interoperability evolves: From blockchain bridges to DeFi transfers

Although it’s still impossible to pay with ETH where only BTC is accepted, cryptocurrency interoperability is being explored. Today, paying for purchases in cryptocurrencies no longer seems like something out of the ordinary. Many online stores accept Bitcoin (BTC) and other coins along with traditional currencies, while in some cafes, cryptocurrency holders can even pay

Kyrgyzstan’s central bank suspends SWIFT to prevent capital outflow

Kyrgyzstan’s central bank suspends SWIFT to prevent capital outflow

The bank is shutting down the SWIFT network as protests rocked the country. The central bank of Kyrgyzstan has disabled cross-border transactions on the SWIFT financial network amid widespread unrest over the country’s disputed parliamentary elections. Aida Karabaeva, an official representative of the National Bank of the Kyrgyz Republic, announced a temporary suspension of SWIFT

Facing Down Big Tech: How Blockchain Social Media Will Topple Zuckerberg

Facing Down Big Tech: How Blockchain Social Media Will Topple Zuckerberg

There’s a growing realization that social media has become a destructive influence. But can blockchain social media platforms really make a difference? Big tech isn’t just big anymore. It’s grown into a ravenous Cthulhu-esque beast with its tentacles wrapped around almost every data point in our lives. But in the light of a House Judiciary

MyEtherWallet’s founder used to pay his rent by mining Bitcoin

MyEtherWallet’s founder used to pay his rent by mining Bitcoin

His big takeaway? Mining rigs give off a lot of heat. Kosala Hemachandra, founder and CEO of crypto asset storage platform, MyEtherWallet, mined Bitcoin as a way to pay his Los Angeles rent between 2014-2015. When it came time to pay his bills, he would convert his coins into cash to facilitate the actual transaction.

Price analysis 9/30: BTC, ETH, XRP, BCH, BNB, DOT, LINK, BSV, CRO, ADA

Price analysis 9/30: BTC, ETH, XRP, BCH, BNB, DOT, LINK, BSV, CRO, ADA

Bitcoin and a few altcoins continue to push against resistance at higher levels, suggesting that the uptrend may resume soon. According to data from CryptoQuant, the total amount of Bitcoin (BTC) held in exchange reserves dropped from 2.8 million BTC in October 2019 to 2.4 million. Analysts believe that this steady decline in reserves means

Merchants accepting Bitcoin laud ‘zero chargeback risks’, says BitPay report

Merchants accepting Bitcoin laud ‘zero chargeback risks’, says BitPay report

Bitcoin integration led to positive results for the merchants in this study. BitPay recently released a study highlighting four merchants from different businesses that have implemented Bitcoin as a payment method. The parties selected to participate included a gold broker, an online gift card marketplace, a domain registrar that also serves as a hosting service,

The first fundamental study of DeFi: From ideas to mechanisms to the new finance

The first fundamental study of DeFi: From ideas to mechanisms to the new finance

Do you want to learn everything about DeFi, inside and out? Can you handle it? With its year-to-date growth of more than 15x in total value locked, and more than $11 billion committed to the protocols, decentralized finance (DeFi) has become a mainstay in the crypto industry, and a whole new industry in itself. Meanwhile,

Bitcoin price risks even bigger pullback in Q4 after sharp rejections

Bitcoin price risks even bigger pullback in Q4 after sharp rejections

Bitcoin risks a larger pullback in the fourth quarter due to the confluence of bearish technical structures and macro uncertainty. Bitcoin price is showing weakness after another sharp rejection from the $11,000 resistance level. As Bitcoin (BTC) enters the fourth quarter, the sentiment around the market remains generally cautious and neutral. Bitcoin might face a

Crypto mining activities are now regulated by the Venezuelan gov

Crypto mining activities are now regulated by the Venezuelan gov

But there is always a catch when it comes to Maduro’s government. Venezuela’s National Superintendency of Crypto Assets and Related Activities, or SUNACRIP, has issued the first decree to officially regulate all crypto mining activities. In order to qualify, miners will need to meet specific requirements. An official announcement was first published in the Gaceta

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