As nonfungible token sales appear reanimated after a nearly two-month dry spell from their apex in May, a particular NFT application is gaining popularity more than ever: metaverses. Metaverses have gained their fair share of media attention lately, with big moves coming from companies like Facebook and Epic games. However, not everyone — even those …
Continue reading “Cointelegraph Consulting: Going down the Metaverse”
Brazilian Federal Police say they’ve recovered more than $27,600,000 in Bitcoin (BTC) following a series of alleged Ponzi schemes run by one company. A Rio de Janeiro-based company headquartered in the region of Lagos was allegedly operating a system of financial Ponzi schemes and used Bitcoin to steal from its victims. ADVERTISEMENT In a …
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A major consensus bug has affected more than half the Ethereum network’s nodes, causing those running older versions of Geth to split from the main network. According to Ethereum software developer Marius van der Wijden, an unknown individual or group exploited a vulnerability affecting earlier versions of Geth, one of Ethereum’s software clients. According to …
Continue reading “Bug in Ethereum client leads to split — EVM-compatible chains at risk”
The U.S. Securities and Exchange Commission has reportedly signed a $125,000 deal with blockchain analytics firm AnChain.AI to help monitor and regulate the decentralized finance industry. According to a Friday report from Forbes, an AnChain.AI company spokesperson confirmed the agreement with the federal regulator, saying the SEC and blockchain firm had the option to sign …
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Solana (SOL) prices printed another milestone of nearly $85 high on Aug. 27 as traders assessed a flurry of optimistic fundamentals, including Solana’s potential foray into Wall Street. On Aug. 24, digital asset management firm Osprey Funds registered a first-of-its-kind Solana fund with the U.S. Securities and Exchange Commission (SEC). In doing so, the New …
Bitcoin (BTC) gained almost $1,500 in under an hour on Aug. 26 after an “uber dovish” speech by Federal Reserve Chair, Jerome Powell. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price action charges upwards Speaking at the virtual Jackson Hole annual symposium, Powell hinted that the Fed would begin to reduce its asset purchases …
The Middle East and North Africa regions are relatively new to discovering crypto trading and blockchain technology, but adoption is underway. It seems that the adoption of these technologies by companies and the public in both the Middle East and North African regions is growing exponentially, especially with the acceptance of digital money trading and …
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Cryptocurrency veteran Bobby Lee is identifying what he thinks are the main factors that could stop Bitcoin’s price from hitting $1 million in the next three to five years. While exploring the probability of China declaring Bitcoin illegal, Lee says that such a ban is unlikely to occur in 2021, but that it could happen …
Bitcoin (BTC) could surge to $100,000 or bottom out at $30,000 by Christmas — but one of its best-known analysts is betting on the moon. In a Twitter update on Thursday, PlanB, creator of the stock-to-flow family of BTC price models, cast fresh doubt on a Bitcoin bear move. PlanB focuses on “key” remaining months …
Continue reading “Bitcoin could hit $30K or $100K this year as analyst warns ‘next months are key’”
The latest news has left the decentralized finance community in a collective fetal position. Responding to the threat of increased regulatory oversight, leading decentralized exchange Uniswap recently restricted the trading of certain tokens. Earlier in July, Dan M. Berkovitz, chairman of the Commodity Futures Trading Commission (CFTC), said that DeFi derivatives platforms might contravene the …
Continue reading “The new episode of crypto regulation: The Empire Strikes Back”
Popular cryptocurrency exchange Coinbase recently amassed a panoply of customer service complaints regarding account locking, hacking and even lost funds. A recent tweet by crypto analyst Kaleo garnered hundreds of comments from users all sharing stories of their unfavorable experiences with the exchange. This isn’t the first time the firm has received public backlash over …
Continue reading “Bitstamp and Ledger execs weigh customer service debate after Coinbase saga”
Proof-of-stake protocols were designed to encourage users to lock up their coins, but synthetic assets are circumventing that design to allow double-dipping in DeFi. One of Forbes’ 30 Under 30 in Asia, Tushar Aggarwal wears many hats: He started the crypto podcast Decrypt Asia, works as a venture scout with LuneX Ventures, and runs Persistence, …
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Altcoin Daily host Aaron Arnold is listing seven cryptocurrencies that he expects to rally. The cryptocurrency influencer tells his 947,000 YouTube subscribers that Ethereum (ETH) is one of the digital assets that is “about to pop.” ADVERTISEMENT Aaron argues that Ethereum’s ecosystem is thriving and that the asset is undergoing a supply shock as …
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Cardano (ADA) appears to be heading toward a new record high as its downside move takes the shape of a bull flag. In detail, the ADA/USD exchange rate plunged 16.91% to $2.47, but the pair’s decline came after a strong move higher, wherein it surged over 120% month-to-date to reach an all-time high of $2.97 on …
HUMAN Protocol is a blockchain infrastructure designed to decentralize human labor by supporting the growth of digital job marketplaces. After recently launching on the Ethereum mainnet, the protocol has now gained the capacity to fully automate the lifecycle of data labeling jobs, enabling the collaboration of humans and machines to create and complete a host …
Continue reading “Proof of humanity governance will make DeFi fairer, says Harjyot Singh”
