‘Big sybil hunt’ and durable users helped LayerZero airdrop succeed, says CEO

The Marco Polo Network, a trade finance network co-developed by major enterprise blockchain firm R3, has completed its largest finance trial.Built on R3’s open-source blockchain platform Corda, Marco Polo has hosted the largest global trade finance trial that involved over 70 organizations from 25 countries including financial giants like Japanese SBI Holdings, according to an…

Sandbox (SAND) refused to go down despite broader negative market sentiment in the past 24 hours. Instead, the altcoin logged a breakaway recovery as traders assessed its recent high-profile partnerships as a sign that the project has strong fundamentals.SAND rose 10.23% to $3.38 at the UTC close on Jan.27, followed by another 5.42% spike to $3.57 on…

New details revealed in the SEC complaint could explain why Brian Brooks abruptly stepped down as CEO of Binance.US in 2021, a crypto lawyer suggests. 280 Total views 1 Total shares The SEC’s latest complaint against Binance could point to why former Binance.US CEO Brian Brooks chose to step down in August 2021, only three…

Bitcoin (BTC) looks ready to fall below $30,000 in the coming months, per a confluence of historically accurate technical indicators brought forth by popular analyst Ari Rudd.The independent market analyst published a thread on Feb. 14, explaining why Bitcoin's ongoing price recovery — from below $33,000 on Jan. 24 to around $42,000 on Feb. 14…

On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses all the important events scheduled for this week in the crypto space and how they could impact the market. 444 Total views 2 Total shares In the latest episode of The Market Report, analyst and writer Marcel Pechman explains that United States inflation…

Bitcoin (BTC) looked to target new August highs at the Aug. 8 Wall Street open as upcoming United States inflation data fueled sentiment.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$25,000 next major BTC resistanceData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit $24,246 on Bitstamp, its best since July 30.The pair was within…

Prominent figures from a range of long-established companies found greener pastures in the blockchain realm in 2019. From BlackRock to Goldman Sachs, and from HSBC to the SEC, traditional industries saw some of their top personnel leave for new prospects in cryptocurrency over the past year. Early 2019Frigid winter conditions in the crypto market failed to…

Coinbase posted an in-depth explanation of its Jan. 29 platform difficulties. 1131 Total views 7 Total shares On Jan. 29, a number of Coinbase users reported issues with the platform’s buy and sell functions. The Coinbase difficulties arose just a day after Robinhood barred GameStop share purchases following surging prices on the stock. A recent…

Impermanent loss is one of the most recognized risks that investors have to contend with when providing liquidity to an automated market maker (AMM) in the decentralized finance (DeFi) sector. Although it is not an actual loss incurred from the liquidity provider’s (LP) position — rather an opportunity cost that occurs when compared with simply…