Aussies lost $122 million to crypto scams in the last 12 months: AFP

The crypto lending market’s size remains significantly down from its $64 billion high, but decentralized finance (DeFi) borrowing has made a more than 900% recovery from bear market lows. Crypto lending enables borrowers to use their crypto holdings as collateral to obtain a crypto or fiat loan, while lenders can loan their holdings to generate

The United States Department of Defense (DoD) is pursuing blockchain solutions for cybersecurity as part of its digital modernization strategy.The DoD released plans for blockchain tech in its four-year roadmap on July 12, entitled “DoD Digital Modernization Strategy: DoD Information Resource Management Strategic Plan FY19–23.”According to the report, the DoD’s research branch, the Defense Advanced…

Just as the cryptocurrency sector is constantly changing and evolving, the enterprise blockchain industry has been undergoing its fair share of developments lately. Most recently, enterprise blockchain solutions are shifting from private, closed networks to public, open systems. This has largely been made possible due to advances from the Ethereum network, which are ensuring better…

Adam Back believes that Bitcoin could boost its market cap by 400% in under two years. 1914 Total views 2 Total shares Bitcoin (BTC) hitting a $1 trillion market cap by 2025 is “conservative” and those levels should hit in less than two years.That was according to Blockstream CEO Adam Back, who delivered a fresh…

While Ether (ETH) price has been stuck between the $340-$350 range for the last month, multiple on-chain metrics suggest that a recovery may be building.Santiment, a cryptocurrency data analytics firm, recently noted that the number of deposits to exchanges has been decreasing since the start of September. According to the firm, the number of addresses…

Blockchain Trust company Paxos has launched a U.S.-dollar backed stablecoin following approval from New York regulators, according to a press release published September 10.Backed 1:1 by the dollar, the Ethereum blockchain-based stablecoin, dubbed ‘Paxos Standard,’ has been approved by the New York State Department of Financial Services (NYDFS), which will exercise regulatory oversight over the…

Major blockchain project Polkadot to define the final denomination of its native DOT token with real DOTs. 1173 Total views 14 Total shares Blockchain interoperability protocol Polkadot is planning to run another vote in regard to the denomination of its native token, DOT.Following a similar vote conducted on Polkadot’s “wild cousin” network, Kusama, in May…