Popular crypto analyst Benjamin Cowen is outlining how Ethereum (ETH) could help top crypto asset by market cap Bitcoin (BTC) raise its dominance level. In a new video update, the trader details how BTC’s dominance level, or the total percentage of the crypto market cap that is made up of Bitcoin, nosedived at the end …
Monthly archives: August 2022
Researchers say they discovered consensus level attack on Ethereum — miners cheating the system to earn more
A research paper published by The Hebrew University in Israel reports having discovered the “first evidence of a consensus-level attack on a major cryptocurrency.” The paper is currently awaiting peer review but utilizes publicly available on-chain data and Ethereum’s open source codebase to affirm its conclusions. At its core, the paper highlights an issue where …
Wells Fargo: Digital assets are an “innovation on par with the internet, cars, and electricity”
Wells Fargo, the fourth largest bank in the U.S. by market capitalization, has released a special report entitled “Understanding Cryptocurrency,” which compares digital assets to the invention of “the internet, cars, and electricity.” The Internet of Value Produced by its Global Investment Strategy Team, the report published at the start of August bullishly called digital …
Alleged BTC-e Operator Alexander Vinnik in US Custody After Immediate Extradition From Greece
Russian IT specialist Alexander Vinnik, accused of owning and running the infamous crypto exchange BTC-e, has been handed over to the U.S. This week, Greek authorities proceeded with the extradition, after his return from France, despite Vinnik’s defense protesting the move and calling the case a “judicial, diplomatic and humanitarian scandal.” Vinnik Appears in San …
Voyager to Allow Cash Withdrawals for Customers With US Dollars Held in Accounts
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News …
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Debridge Finance Suspects North Korean Hacking Syndicate Lazarus Group Attacked the Protocol’s Team
According to the co-founder of Debridge Finance, Alex Smirnov, the infamous North Korean hacking syndicate Lazarus Group subjected Debridge to an attempted cyberattack. Smirnov has warned Web3 teams that the campaign is likely widespread. Lazarus Group Suspected of Attacking Debridge Finance Team Members With a Malicious Group Email There’s been a great number of attacks …
Legislation to Regulate the Crypto Market Has Arrived as the Market Is Crashing
The latest wave of the financial crisis has brought cryptocurrencies to the forefront of everyone’s attention. Legislation to regulate the crypto market has become essential during such crises. Congress is now looking into the production and waste of hundreds of billions of dollars over a decade, as well as at least three collapses, frauds, and …
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Legendary Investor Jim Rogers Issues Stern Warning Against Investing in Crypto Assets – Here’s Why
Investing legend Jim Rogers is issuing a warning to investors saying that crypto assets could one day be fully controlled by the government. In a new interview with Bloomberg Crypto, Rogers says that digital currencies will one day become “government money,” meaning that bureaucrats and politicians will dictate how they can be used. “A lot …
Will Uniswap and Optimism’s Massive Crypto Rallies Continue? Santiment Analyzes Top Ethereum Altcoins
Analytics platform Santiment is looking at two crypto assets recording triple-digit percent increases over a relatively short period of time. Starting with decentralized finance (DeFi) platform UniSwap (UNI), Santiment says that the crypto asset has appreciated by over 150% over a period of nearly two months. “Uniswap has been on quite the tear in the …
Crypto VC funding hits $30.3B in H1, Michael Saylor steps down as MicroStrategy CEO, and Voyager to return $270M worth of customer assets: Hodler’s Digest, July 31-Aug 6
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 fundraising hits $30.3B in H1, outpacing all of 2021: …
Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July
Canadian Bitcoin (BTC) miner Hut 8 Mining Corp. added to its massive BTC reserves in July, as the firm maintained its long-term “HODL strategy” in the face of market volatility. The Alberta-based company generated 330 Bitcoin in July at an average production rate of 10.61 BTC per day, bringing its total reserves to 7,736 BTC. …
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US Senator Asks Top Financial Regulator To Roll Back Crypto Guidelines Set in Place for Banks: Report
US Senator Elizabeth Warren is reportedly asking the Office of the Comptroller of the Currency (OCC) to pull back the crypto guidelines it set in place for banking institutions. According to a new report by Bloomberg, Warren is circulating a letter in the Senate that would ask the OCC to roll back its guidance involving …
VC Roundup: Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions
Even with the onset of crypto winter, 2022 has been a watershed year for venture capital funding. Crypto and blockchain companies collectively raised $30.3 billion in venture capital in the first half of 2022, exceeding all of last year’s totals. While the number of deals has declined in recent months, startups at the intersection of blockchain …
BUIDLers at EthCC reveal when the bull market may return
The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $23,199.91 and BTC market dominance is %. The price of Ethereum is $1,713.59 and ETH market dominance is %. The best performing cryptoasset sector is Agriculture, which gained 34%. Go to Source
Binance moves to dissociate self from WazirX over recent allegations
Binance founder Changpeng Zhao has denied that the exchange owns any equity in Zanmai Labs, the company behind the Indian crypto exchange WazirX. Quick thread on Binance and WazirX, and some incorrect reporting. Binance does not own any equity in Zanmai Labs, the entity operating WazirX and established by the original founders. 1/4 — CZ …
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