The total USD value locked in decentralized finance (DeFi) protocols recently surpassed the $6 billion mark according to onchain data resource, DeFi Pulse. Currently, the figure rests at $6.32 billion, after rising nearly six-fold since it reached the $1 billion mark less than three months ago. The exponential growth seen this year can largely be
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The Colombian Ministry of Information Technology and Communications, or MinTIC, released a first-of-its-kind draft of a guide that calls for the public sector to adopt blockchain technology, including crypto payment-related matters. In the Guide for the use and implementation of Distributed Ledger Technology (DLT/Blockchain) in the public sector, MinTIC explains the advantages and disadvantages of
Bitcoin has been rocketing over the last several weeks, along with the rest of the cryptocurrency market. Most assets are up over 80% on average since the start of 2020. However, an unorthodox and unusual financial forecasting tool could indicate that a major trend change is playing out across markets, with the turning point taking
Steven McKie is a founding partner and managing director at Amentum Capital, developer on HandyMiner and HandyBrowser for Handshake and host of the BlockChannel podcast. A version of this article first appeared on Medium. The time to home in on the “New Internet” is now. The internet today is representative of society at large. We
Barstool Sports founder Dave Portnoy, a fresh player in the crypto trading arena, recently estimated that he will receive millions of dollars in upcoming Bitcoin (BTC) trading profits. “I’m up 100 grand in Bitcoin — in a week,” he said, noting positions in Ethereum and other crypto assets as part of an Aug. 17 video
The Neutrino protocol, a price-stable multi-asset protocol running on major blockchain platform Waves, is introducing the Neutrino dollar (USDN) on Ethereum. The Neutrino dollar, an algorithmic stablecoin collateralized by the Waves (WAVES) native token, is now available for all Ethereum users as the token has been ported to the Ethereum blockchain, Waves announced on Aug.
“Thank you for calling the Clinic of Advanced Biological Computing, this is Dr. Elliott Fisher.” So began the strangest conversation I’ve had as a journalist, with a time-traveling group of Monero-mining musicians from the year 2077. A couple of months ago, Andrew Fenton wrote a story for Cointelegraph Magazine on crypto-related conspiracy theories. That story,
Torrential downpours of nonstop rain have been wreaking havoc in China’s Sichuan province, which has caused some operations to shut down ASIC mining devices. Reports from the region show that certain areas have seen electrical shortages and the aftermath is causing quite a bit of stress for Chinese bitcoin miners. Not too long ago, news.Bitcoin.com
Cybersecurity researchers have detected what they believe to be the first ever stealth crypto mining campaign to steal Amazon Web Services (AWS) credentials. The mining campaign was described as being relatively unsophisticated by Cado Security in their report on Aug. 17. In total, it seems so far to have only resulted in the attackers —
Author Cal Evans bills The Little Book of Crypto as “A No BS Introduction To Crypto.” Evans also claims to be “regarded as one of the best crypto lawyers” working for “the largest independent crypto-only law firm on the planet.” This will become relevant later. The book claims to provide the reader with unique “in-industry”
When dust settles in your home, you wipe it up. But what about when unwanted dust makes its way into your bitcoin wallet? Well, cleaning it up may not be so simple. In Bitcoin parlance, “dust” is the technical term given to trace amounts of bitcoin that are considered too small to send in a
Binance, the world’s largest cryptocurrency exchange, is collaborating with law enforcement authorities in Ukraine to take down some large-scale money laundering schemes. Working with the exchange, Ukraine’s cyber police identified and arrested a group of criminals involved in a $42 million ransomware and money laundering operation, Binance told Cointelegraph in a criminal investigation report on
Demand for the Wrapped Bitcoin (wBTC) has been growing tremendously in the last few weeks, with more than 23,100 wBTC ($274 million) currently in circulation. According to data from FlipsideCrypto, a digital asset data provider, more than half of these wBTC were minted in the past month as the decentralized finance sector saw record growth.
The Bank of England will take part in a key meeting tomorrow to discuss central bank digital currencies (CBDCs) and their possible infrastructural designs. Hosted by global central banking think tank, the Official Monetary and Financial Institutions Forum (OMFIF), on Aug. 19, the roundtable will involve the BoE’s senior fintech specialist, Simon Scorer, alongside delegates
Bitcoin price gained nearly 5% and it tested the $12,500 resistance against the US Dollar. BTC is currently correcting gains, but technicals suggest more upsides above $12,500. Bitcoin broke the main $12,000 resistance area to start a strong upward move. The price traded close to the $12,500 resistance and it is currently correcting gains. There
As Bitcoin gets more support from first-time investors, its market capitalization has risen past Bank of America’s market valuation, and put it within striking distance of PayPal’s. According to AssetDash data at the time of writing, Bitcoin’s current market cap sits just over $226 billion, having risen 3.2% in the last 24 hours. However, Bank