Three years after it became apparent that Dan Reich couldn’t access his Trezor One hardware wallet, a computer engineer and hacker, Joe Grand, has come to his rescue. Trevor one owner loses access to wallet Reich, an entrepreneur based in New York City, and his friend had in 2018 discovered that their investment in Theta, …
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Former ConsenSys Sales and Marketing Leader Ken Timsit will lead Cronos chain and Particle B as the new Managing Director. Cronos runs in parallel to the Crypto.org Chain, and is the first Ethereum-compatible blockchain network built on Cosmos SDK technology. Particle B is a Web3 startup accelerator that focuses on DeFi and Gamefi projects and …
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According to data from Footprint Analytics, the TVLs of both Curve and Convex surpassed Aave, formerly the No. 1 DeFi protocol, in November and December. Continuing its strong momentum, Convex also overtook MakerDAO in late December to become the second-ranked project behind Curve. Footprint Analytics – TVL of Top 5 Projects The growth of Convex …
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Platforms listing ads for mining hardware have been registering declining demand since Bank of Russia’s call for a ban on the minting of digital currencies among other crypto activities. While mining may eventually be legalized, miners can expect to pay higher electricity bills. Supply Exceeds Demand on Russian Market for Mining Chips Mining hardware is …
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The Central Bank of Ecuador is planning to issue cryptocurrency-specific regulation later this year. According to statements from Guillermo Avellan, the manager of the Central Bank of Ecuador, this will bring more clarity to the cryptocurrency scene in the country, and will contribute to preventing crimes such as money laundering. Central Bank of Ecuador Has …
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Crypto exchange Valr has announced it has closed its crypto arbitrage service to new customers in order to comply with the requirements of its banking partner. This announcement makes Valr the latest South African crypto exchange platform to close its arbitrage business. Ovex was one of the first exchanges to announce its exit from the …
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The broader crypto market is on a slow recovery following massive sell-offs that graced the opening weeks of 2022. Crypto bellwether Bitcoin is currently trading in the green zone after sliding well below the $30,000 support price in January. This reprieve has seen other altcoins make a rally. This has spurred investors to search for …
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Data from whale-surveilling platform WhaleStats shows that deep-pocketed crypto investors are buying the low-cap altcoin Render Token (RNDR). Coinbase announced this week that RNDR will be available on its platform effective February 2nd. Render became the fifth most purchased token among the top 1,000 biggest Ethereum holders on Thursday. The richest crypto investors bought an …
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Bitcoin (BTC) recovered much of its recent losses on Feb. 4, but concerns remained that a retest of $30,000 was incoming. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $38,600 remains focal pivot Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to $38,000 Friday, up over 2% in 24 hours. The pair saw a …
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Popular sneaker maker Nike has started the “licensed NFT” wars by taking an online reseller called StockX to court for trademark infringement or sale of unlicensed nonfungible token (NFT) sneakers. According to a Reuters report, Nike has filed a lawsuit against the reseller in the New York Federal court demanding an undisclosed amount in damages …
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The level of inflation globally has increased significantly. However, the European Central Bank (ECB) has stated that it will not change the interest rates. The US Federal Reserve has been discussing monetary policies to curb the rising levels of inflation in the US that sit at a four-decade high. In January, financial markets tumbled following …
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Manchester United, one of the world’s most popular soccer (or football) teams is reportedly set to announce a multi-year training kit sponsorship by Proof-of-Stake blockchain platform, Tezos. First reported by The Athletic, the deal is apparently in excess of $27 million per year, allowing Tezos to place its logo on the team’s training uniform. Manchester …
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The “solid gold cube” crypto promo that surfaced in New York this week has turned out to be hollow on the inside, with onlookers online lampooning the stunt as an appropriate critique of the extravagant promises of crypto and blockchain tech. On Feb. 2, Artnet reported that a 24-carat 410 pound gold cube worth $11.7 …
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The Japanese government is considering a proposal to make it easier for registered crypto exchanges to list digital assets in the local retail trading market. Sources quoted in Bloomerg said that if the new rules are passed, exchanges that have registered with the Financial Services Agency (FSA) would be able to list certain assets without …
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Australia’s consumer and competition (ACCC) watchdog is investigating Facebook’s parent company Meta for a long running series of fraudulent cryptocurrency advertisements of the platform. The news comes just a day after Cointelegraph reported that billionaire businessman Andrew “Twiggy” Forrest was pursuing criminal action against the social media giant for allegedly serving users crypto scam ads …
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