A decentralized way to copy bitcoin (BTC) over to Ethereum is relaunching today after a smart-contract bug sunk the project in May. Called tBTC, the Thesis-built protocol was first announced in April, and is now ready for a fresh start. BTC holders who want to use Ethereum but worry about censorship risk with BitGo’s WBTC
The major banks who were mentioned in the recent FinCen leak were subsequently thrashed by the market today. According to the investigation conducted by the International Consortium of Investigative Journalists, over the 20-year period from 1997 to 2017, the listed financial institutions facilitated over $2 trillion worth of suspicious transactions. When this news broke out yesterday,
Litecoin is the biggest digital currency to successfully activate segwit which went live around 6 PM London time on the 10th of May 2017 with segwit transactions now available for use depending on the litecoin wallet. The upgrade was overall smooth, despite a slight hiccup with one miner, F2Pool, which for a brief period returned
A new survey commissioned by crypto asset insurance company, Evertas, a cryptocurrency insurance firm, found that institutional investors plan to significantly increase their stakes in Bitcoin (BTC) and other digital assets in the future. After surveying 50 institutional investors that collectively manage over $78 billion in assets in the United States and United Kingdom, a
The crypto industry has boasted tremendous growth over the past year, largely thanks to the decentralized finance, or DeFi, boom. Some believe that the DeFi sector resembles the initial coin offering, or ICO, bubble of 2017. Others disagree, noting that the two eras are demonstrably different. “At least in the 2017 ICO bubble there was
Last Friday night, crypto YouTuber Ivan on Tech messaged me on Twitter. Shortly into our conversation, he graciously offered me an investment opportunity in “Bitcoin trading/mining”, courtesy of a platform that he alleged was associated with Binance. A tale of two Ivans; the real one is on the left. Source: Twitter. In reality, however, I
Ether has dropped around 30% from its 2020 high of $482 on Sept. 1 to $340 in five days. The drop in the price of Ether (ETH) and Bitcoin (BTC) was largely due to the rising dollar, which has stopped Bitcoin’s bull run in its tracks. Ether is still sitting at around $340, failing to
On Monday afternoon, Judge Beth Bloom, from the District Court of Florida, denied Craig Wright’s summary judgment and the infamous billion-dollar bitcoin lawsuit will go to trial in January. The court published a 93-page decision on the matter, as Judge Bloom detailed that “a genuine dispute of material fact exists” for a number of the
To the surprise of many, bitcoin (BTC) has been a breakout star in Ethereum’s decentralized finance (DeFi) moment. Taking the form of wrapped or tokenized bitcoin, the digital asset takes the best of both blockchains – bitcoin’s price value and brand along with Ethereum’s programmability – into one highly in-demand token. Last week alone, the
As discussed in the previous article, Telegram is a popular global instant messaging company. In 2018, it sold contractual rights to acquire a new crypto asset that it was developing (to be called Grams) to a group of accredited (and wealthy) investors around the world. Telegram raised about $1.7 billion from 171 investors, including 39
In a broad sense, 2020 has been the year of the COVID-19 pandemic. As it charges toward 1 million deaths and over 30 million infections, governments have been found wanting. Our institutions have crumbled, leaders reacted too slowly, and all of the systems both in place and newly created to protect us — healthcare, aged
The crypto market saw a significant correction today and Ether (ETH) price did not escape the carnage. In the last 24 hours, the top altcoin recorded a 12% drop as the price fell to $331. In the same period, Bitcoin (BTC) price slipped by 6.3% to find support near $10,300. Ether’s decline comes after a
Decentralized VPN Orchid is adding a Chainlink oracle that, like a “secret shopper,” samples bandwidth pricing from all the providers in the network. Orchid co-founder Steven Waterhouse explained the importance of this feature, stating, “The basic idea is in decentralized services like Orchid, where we have a decentralized VPN, there’s no way of really knowing
Bitcoin price failed to stay above the $10,750 support and declined sharply against the US Dollar. BTC is holding the $10,200 support, but there is a risk of more downsides. Bitcoin is down 5% and it broke the $10,750 and $10,550 support levels. The price is holding the $10,300 region, but it is well below
Bitcoin’s (BTC) price has been showing some slight strength in the previous week as BTC rallied from $10,000 to $11,200. However, the crypto market’s overall consensus has been showing weakness with double-digit selloffs for many of the smaller-cap cryptocurrencies. This selloff appears to have taken hold as Bitcoin price confirmed $11,200 as resistance in the
The operator of Delhi-based cryptocurrency platform Pluto Exchange is accused of duping 43 investors of more than $272,000. A local news outlet Millennium Post reported that the Economic Offence Wing of the Delhi Police has launched a probe against the operators of the Pluto Exchange after 43 investors filed a complaint with the EOW. Bharat