Bitcoin holdings of publicly listed firms increased to $20B in one year: Data

Former Alameda Research engineer Aditya Baradwaj says one trader lost more than $100 million after clicking on a fake link. 66 Total views 1 Total shares FTX’s sister hedge fund Alameda Research lost at least $190 million of its trading funds due to arguably avoidable scams, according to a former engineer at the firm. In an

Swiss-headquartered food retail giant Nestlé announced its intention to track its products along the supply chain with blockchain technology in a press release published on July 2.The project is jointly pursued with OpenSC. As Cointelegraph reported at the time, OpenSC is a blockchain platform launched through a partnership between WWF-Australia and global corporate venture BCG…

Coinsquare, one of Canada’s top crypto exchanges, will  be launching a stablecoin backed by the Canadian dollar dubbed eCAD, according to a press release on April 4.The new coin will purportedly be backed at a 1:1 ratio with Canadian dollars. Coinsquare states that the new coin will be a reliable and stable store of value…

Bitcoin (BTC) pierced the top of a stubborn trading range on Aug. 11 as a decidedly awkward rally took hold of risk assets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin retracement warnings intensify near $25,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting highs of $24,750 on Bitstamp, marking its best performance since June 13.The…

Bitcoin (BTC) pared some gains, dipping below $60,000 on March 14, a day after setting a new all-time high of $61,950 on Binance. However, on-chain data indicates that the uptrend is likely to continue in the near term.One key metric that is signaling an optimistic short-term trend for Bitcoin is the rise in stablecoin deposits…

“Stablecoins can certainly be a useful, efficient consumer-serving part of the financial system if they’re properly regulated,” said Jerome Powell. 2958 Total views 38 Total shares United States Federal Reserve chair Jerome Powell hinted that though the government agency should consider monitoring developments in the crypto space, he didn’t see cryptocurrencies as a financial stability…

This March, Cointelegraph Research will release a 30-page report about GameFi — the term used to describe the marriage of blockchain-based games with decentralized finance (DeFi). The report analyzes five popular play-to-earn (P2E) games, the economics of GameFi and the future development of an industry responsible for more than 55% of all crypto transactions in…

Rival decentralized exchanges are upping their liquidity mining rewards to attract Uniswap’s former-liquidity providers, leading to SushiSwap’s TVL tripling in one week. 2255 Total views 6 Total shares With leading decentralized exchange Uniswap having ceased its yield-farming incentive program, rival automated market makers 1inch, SushiSwap and Bancor are snapping up liquidity providers with targeted rewards.On…