Bitcoin loses 8.6% in August as September starts with fresh 2-week low

While Ethereum has brought about a whole new realm of possibilities due to its native token Ether (ETH) and its smart contract and tokenization capabilities, it is often faced with challenges such as network congestion, relatively low transaction times and throughput, large blockchain size and excessive electricity use for mining — all issues Bitcoin also…

Blockchain and cryptocurrency venture capital firm Multicoin Capital has led a $1.5 million seed round for Chinese decentralized finance (DeFi) protocol dForce. Mable Jiang, the principal of crypto venture capital firm Multicoin Capital, told Cointelegraph that dForce’s plan to launch a "super-app"-styled DeFi platform in the Asian market was a major factor in the firm’s decision.An…

Brits can now withdraw physical cash for GBPT, a one-for-one pound sterling stablecoin, as well as other cryptos at ATMs in the United Kingdom. 1494 Total views 5 Total shares Own this piece of history Collect this article as an NFTA partnership between Poundtoken and BitcoinPoint will make the country's first 100% backed GBP stablecoin…

The Bank of Thailand (BoT) has recently allowed local banks to set up subsidiaries for dealing with cryptocurrencies, local Thai source Blognone reported August 3. According to a regulatory announcement published by the BoT on August 1, Thai banks can now issue digital tokens, provide crypto brokerage services, run crypto-related businesses, and invest in cryptocurrencies…

On Jan. 26, a Medium article revealed that an entity with control over multiple Ethereum addresses had consistently purchased cryptocurrencies prior to their listing on Binance, selling them for a million-dollar profit after the event.The article refers to 16 cases from an on-chain analysis perspective, demonstrating how the mysterious entity was aware of Binance listings…

Maple Finance launches Syrup, a DeFi protocol offering secured institutional lending, amid lingering skepticism from the FTX-Alameda fallout.

The institutional interest in Bitcoin (BTC) has increased in the past few months, according to data from Grayscale Bitcoin Trust. If the trend continues at the same pace, by March 2021, GBTC would have purchased 75% of the newly mined Bitcoin during the period. By that time, its total holding of the top-ranked cryptocurrency on…

Blockchain platform TBCASoft, technology behemoth IBM and telecommunications conglomerate SoftBank announced on Oct. 22 a collaboration to adopt a cross-carrier telecommunications blockchain payment solution.New cross-carrier systemPer the release, the partnership aims to allow carriers to use blockchain through the Carrier Blockchain Study Group (CBSG) Consortium — founded by TBCASoft and SoftBank. TBCASoft reportedly already created…

Ethereum slips below $4,000 as an anticipated correction suddenly takes hold of crypto markets. 1558 Total views 63 Total shares Bitcoin (BTC) fell sharply on Oct. 27 as $60,000 finally gave way to two-week lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bites into major buy walData from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $58,000…