Are politicians using crypto to influence the US elections?
In a fraught election year, crypto-user demographics are aligning with those of highly sought “swing voters,” says a TCU researcher.
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Growing pains? DeFi exploits plunder BSC, which calls for reinforcements
Several decentralized finance (DeFi) protocols running on Binance Smart Chain (BSC) have fallen victim to major exploits in recent months as the sector continues to see substantial growth in 2021.Binance’s very own smart contract blockchain platform has seen a surge in demand since its launch in September 2021, due to its low fees and high…
Akon’s Crypto Project Adds Financial Infrastructure Outfit Delchain As Partner
Akoin, a cryptocurrency project from famous singer Akon, has joined up with blockchain financial infrastructure company Delchain. “Bahamas-based digital asset management leader Delchain, an affiliate of Deltec, has provided strategic advisory services and expertise in connection with Akoin’s token generation event on a top tier exchange, scheduled for Q2 of 2020,” Akoin president and co-founder Jon…
$500M in Bitcoin leaves Coinbase as institutions buy more than miners sell
Big money is still scooping up the available Bitcoin supply despite short-term bearish signals, data shows. 1733 Total views 10 Total shares Bitcoin (BTC) saw fresh rejection at $24,000 overnight on Dec. 24, but data shows that appetite for big buy-ins is only increasing.As recorded by on-chain analytics resource CryptoQuant, institution-focused exchange Coinbase Pro alone…
Paradigm Researcher Unveils Fixed-Rate DeFi Lending Protocol
Paradigm has incubated its first crypto project — an Ethereum-based DeFi protocol promising fixed-rate lending and interest markets. A researcher from the crypto asset investment firm, Paradigm, has co-authored a whitepaper for a new decentralized finance, or DeFi, lending protocol boasting fixed-interest rates.The whitepaper for Yield protocol was written by Paradigm’s Dan Robinson and Allan…
Bitcoin Stays Near $4,100 as Top Cryptos See Mixed Movements
Saturday, March 30 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin (BTC) stays near $4,100.Market visualization courtesy of Coin360Bitcoin has seen nearly no price movement on the day, trading at around $4,095 after having reported a mid-day high of $4,275, according to CoinMarketCap. Looking at its…
Bitcoin bears could face $440M loss in Friday’s options expiry
The rejection that followed Bitcoin’s (BTC) rally to $26,500 may appear to be a victory for bears, but $24,750 on March 14 was the highest daily close in nine months. Furthermore, Bitcoin has gained 26.5% since March 10, when the California Department of Financial Protection and Innovation shut down Silicon Valley Bank (SVB).The recent price…
What is a directed acyclic graph in cryptocurrency? How does DAG work?
A directed acyclic graph or DAG is a data modeling or structuring tool typically used in cryptocurrencies. Unlike a blockchain, which consists of blocks, directed acyclic graphs have vertices and edges. Thus, crypto transactions are recorded as vertices. These transactions are then recorded on top of one another. Similar to a blockchain, however, transactions are…
Bitcoin ETF hype fails to shake bearish $20K BTC price targets
Bitcoin (BTC) marched to 17-month highs on Oct. 24 as exchange-traded fund (ETF) excitement boosted already bullish BTC price action.BTC/USD 1-day chart. Source: TradingViewBitcoin ETF data listing hints at “time to shine”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $35,198 on Bitstamp before consolidating.This represented 17% gains since the prior weekly close and