Arthur Hayes’ Maelstrom announces Bitcoin grant program of up to $250K per developer
The new Bitcoin grants program could invite more innovation for Bitcoin-native DeFi, or BTCFi.
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Crypto Exchange Huobi to ‘Likely Launch Its Own Stablecoin in 2019,’ Says CFO
Top 5 Cryptocurrency exchange Huobi has plans to launch its own stablecoin this year as part of its 2019 road map, according to a press release shared with Cointelegraph Jan. 22.During a presentation in Singapore today, Huobi’s CFO said the company will also update its trading platform and continue its international expansion.“2018 brought us huge…
DeFi insurance payouts amounted to $34.4M in 2022: Report
Ninety percent of all DeFi insurance claims paid out since inception were distributed in 2022, according to OpenCover. 384 Total views 3 Total shares Own this piece of history Collect this article as an NFTAccording to a Mar. 21 report published by decentralized finance analytics firm OpenCover, DeFi insurance companies paid out $34.4 million in…
Ethereum sees first consecutive week of deflationary issuance
More than $65 million worth of ETH is currently being burnt daily by the Ethereum network. 70 Total views 1 Total shares The Ethereum network has seen its first consecutive week of negative supply issuance as bubbling markets drive persistently high transaction fees.With the highly anticipated London upgrade introducing a burn mechanism into Ethereum's fee…
Bitcoin bulls target $50K as Friday’s $655M BTC options expiry approaches
Bitcoin (BTC) failed to break the critical $50,000 psychological barrier on Aug. 23 and has since then retested the $47,000 support. If historical data plays any role in Bitcoin price, the month of September presented negative performances in 4 of the previous 5 years.Cointelegraph contributor and market analyst Michaël van de Poppe recently said that…
Morpher Labs attempts to crack knotty prediction market problems
On August 31, 2020, Morpher Labs announced the launch of its flagship Ethereum-based contract trading and prediction market platform, Morpher, with the stated goal of providing users unlimited access to long-and-short trades of real-world stocks, commodities, and FOREX markets. The technical obstructions of such a goal, however, have historically proven tricky to navigate. In a recent interview…
Amazon Announces Two Blockchain-Related Products; Quantum Ledger and Managed Blockchain
E-commerce giant Amazon announced the debut of two new services, Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain, according to a press release shared with Cointelegraph Nov. 28.QLDB is a ledger database designed to provide transparent, immutable, and cryptographically verifiable log of transactions, which is overseen by a central trusted authority. All changes are…
Anchorage launches Ethereum staking for institutional investors
Anchorage's new service comes in anticipation of the Ethereum network’s long-promised shift proof-of-stake consensus. 593 Total views 41 Total shares Anchorage Digital, a San-Francisco-based digital platform that owns the first federally chartered crypto bank, will open an option to stake the Ethereum (ETH) for institutions. This move comes in anticipation of the Ethereum network’s long-promised…
Bitcoin miner mulls refunding 20 BTC reward to Paxos
Chun’s reservations about whether to return the funds to Paxos stems from him being “annoyed” that “the person claiming it (the funds) kept saying EST instead of EDT/UTC.” 683 Total views 9 Total shares A Bitcoin (BTC) miner who mistakenly received 20 BTC — worth over $500,000 — from crypto exchange Paxos for settling a