Adam Back: Bitcoin's value lies in its founder's anonymity
In an exclusive interview with Cointelegraph, Back explains why Bitcoin’s value relies on its dual identity as hard money and digital gold.
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Bitcoin Still Faces On-Chain Scaling Trouble Ahead, Decred Co-Founder Says
As Bitcoin (BTC) continues to pick up mainstream traction, the asset's blockchain scalability remains an issue, according to Decred co-founder Jake Yocom-Piatt. "There is enough demand for on-chain Bitcoin transactions during peak demand times to completely fill blocks and drive fee rates up substantially," Yocom-Piatt told Cointelegraph, noting the struggles Bitcoin's network may face during times of…
Two OneCoin Promoters Found Dead in Mexico
Two promoters of $4 billion crypto exit scam OneCoin have been found dead in Mexico. 2312 Total views 27 Total shares Two promoters of a major cryptocurrency exit scam, OneCoin, have been found dead in Mazatlan, Sinaloa Mexico.Oscar Brito Ibarra and Ignacio Ibarra, two major OneCoin promoters, were apparently kidnapped and killed in Mexico, Cointelegraph…
Arbitrum-based Rodeo Finance exploited for second time, $1.5M stolen
The exploiter manipulated price oracles to gain the upper hand on trades executed using the manipulated price. Arbitrum-based decentralized finance (DeFi) protocol Rodeo Finance was exploited for $1.53 million on July 11. The DeFi protocol was exploited using a code vulnerability in its Oracle, leading to a loss of over 810 Ether (ETH).According to data…
Ripple co-founder pledges $10M in XRP to Kamala Harris campaign PAC
Chris Larsen suggested that Democratic lawmakers could have a “new approach to tech innovation” under a Kamala Harris presidency starting in 2025.
Financial institutions are experimenting with Bitcoin-backed lending: Ledn
Lower interest rates and accelerating crypto adoption are spurring more financial institutions to try Bitcoin-backed lending.
CBDCs are a declaration of war against the banking system claims economist
CBDCs are a declaration of war against the banking system, Richard Werner — development economist and professor at De Montfort University — told Cointelegraph at Web Summit on Nov. 4.Known for his quantitative easing theory, published almost 30 years ago, Werner is an advocate for a decentralized economy. In an exclusive interview with Cointelegraph's editor-in-chief…
One in four US teens would buy crypto if given money to invest, survey finds
The results of a new survey suggest teens are still more persuaded that the stock market is where they should invest, yet crypto is more popular than alternatives like real estate. 100 Total views 3 Total shares Researchers have attempted to probe North American teens’ perceptions of the stock market, cryptocurrencies and other investments in…
Korea’s Largest Power Provider to Use Blockchain for Eco-Friendly Micro Grid
Korea’s largest power provider KEPCO says it will use blockchain and other innovative energy solutions to develop its next-generation micro grid (MG), according to an official press release Nov. 19.KEPCO is a $15.9 billion market cap corporation in which the South Korean government and state-controlled bank hold a majority stake; it has a “virtual monopoly”…