Dfinity Foundation’s Internet Computer blockchain is bringing smart-contract capabilities to the Bitcoin (BTC) network, potentially opening the door to new use cases for the premier cryptocurrency. Internet Computer will utilize its so-called chain key cryptography to integrate with Bitcoin, paving the way for smart contracts with native BTC addresses that are hosted directly on Internet …
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Recent data from the Crypto Fear & Greed Index indicates that the cryptocurrency market is experiencing a period of investor fear with a 3-month low score of 27 out of 100. By utilizing leading cryptocurrency asset Bitcoin (BTC) as the markets representative, the seasoned technical analysis tool informs cryptocurrency traders worldwide on the current emotional …
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The United States Department of the Treasury has announced it will impose sanctions on Czech Republic and Russia-based business Suex OTC for allegedly allowing hackers to access cryptocurrency sent as payment for ransomware attacks. In a Sept. 21 advisory update, the Treasury Department Office of Foreign Assets Control, or OFAC, added Suex OTC to its …
Ethereum’s native token Ether (ETH) rates may fall to a two-month low after it slid below support at around $2,954, based on a classic trading pattern. The $2,954 level represents a so-called neckline constituting a head and shoulders setup. In detail, the said support level appears to be a floor to three peaks, with the …
Panther protocol, which brings unparalleled privacy to Web3 and DeFi, has announced a strategic partnership with Polygon. Now all projects based on Polygon will be able to use Panther’s interoperable privacy and compliance-friendly selective disclosure mechanisms. Its technology will be particularly appealing to institutions and fintech platforms interested in private and compliant DeFi. In addition, …
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You might be forgiven for thinking that Bitcoin, the most secure crypto network, has been all but left behind by the growth of DeFi, but a Layer 2 wallet and cross-chain decentralised exchange (DEX) solution from Portal aims to change all that. The US-based company’s technology enables atomic swaps between bitcoin and other digital assets …
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Even with the market experiencing a downturn, some of the best coins for 10x gains are still holding quite strong. Contrary to what many investors would have hoped, the market appears to have entered into another bearish trend. Even in the current market condition, some assets are looking very attractive. Below, we’ll consider some of …
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Sorare, a football gaming and non-fungible token platform based on the blockchain, has announced that it has raised $680 million in a Series B funding round. The funding round will enable the firm to expand its presence in the blockchain sector. The Series B funding round was led by Softbank. However, it also involved other …
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In its latest attempt to be more regulatory compliant, Binance has announced that it would not be able to offer its users in Australia access to futures and options trading. This was contained in an announcement made earlier today. No future tradings for Aussies using Binance According to the official announcement released by the platform, …
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On September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system. The team has suspended the defi platform contracts and stressed that the stablecoins have not been “affected by the attack.” Defi Project Vee Finance Suffers …
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The Nasdaq-listed cryptocurrency exchange Coinbase has dropped its plan to launch a lending program after the U.S. Securities and Exchange Commission (SEC) threatened to sue the company. Coinbase Will Not Launch Lending Program Coinbase announced Friday that it has decided not to launch the Lend program. The exchange wrote: Our goal is to create great …
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Reports of the detention of Dmitry Vasiliev, ex-head of the bankrupt cryptocurrency exchange Wex, have been confirmed by authorities in Poland. The former executive of the platform, allegedly involved in the theft of funds worth millions of dollars, faces possible extradition to Kazakhstan. Prosecutor’s Office Confirms Vasiliev Is in Custody in Poland Dmitry Vasiliev, who …
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sponsored Crypto users access their wallets and exchanges day in and day out and making sure it remains secure is one of their top concerns. While most of these apps have great security features like multi-factor authentication and biometrics, what happens to your data while it travels through the network is still an area of …
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The Zimbabwean currency’s collapse in 2008 and record hyperinflation are widely seen as textbook examples of what can go wrong with a centralized currency. For instance, some cryptocurrency enthusiasts — as well as opponents of the fiat currency system in general — have routinely pointed to the Zimdollar’s collapse when arguing for an alternative monetary …
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Global crypto exchange Binance is reportedly under investigation in the US for possibly engaging in insider trading and market manipulation. Citing anonymous sources with knowledge of the matter, Bloomberg reports the Commodity Futures Trading Commission (CFTC) is currently probing whether Binance or its staff took advantage of its customers to generate profits. ADVERTISEMENT According …
