Bitcoin price hits $61K, but investors still prefer stocks and bonds right now
Investors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve’s September meeting.
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DeFi protocol Nexera hacked for $1.5 million via smart contract exploit
Nexera’s token contract has been paused and the team advises crypto investors to stop trading the NXRA token.

Eager to work: Bitcoin switch to proof-of-stake remains unlikely
Bitcoin (BTC), the original cryptocurrency that started it all and even today continues to drive the market sentiments, has faced numerous challenges along the way. The latest challenge seems to be around its mining consensus, proof-of-work (PoW) and its consequent impact on the environment.Bitcoin network’s high energy consumption was one of the hottest topics last…

Solana revenues outpace Ethereum, L2s despite market dip
Solana-based app revenues beat Ethereum apps by 10x, according to crypto researcher Aylo.

AR Crypto Game Makes an Impact on Social Distancing
The coronavirus pandemic is causing the worst global economic recession among all business sectors since 1929. Advertising and marketing budgets alone could see a $3 billion loss in 2020.Both traditional brands and crypto companies are replacing their high profile ads with low budget posts in an effort to combat the rising pandemic.Crypto industry is taking…

Rescuing crypto workers from terrible US job conditions: John Paller
John Paller is training a new generation of blockchain workers and giving them the tools to live free from the chains of full-time employment. After a chance conversation with a “Russian dude” wearing a weird T-shirt at a 2014 conference — Vitalik Buterin’s father, Dmitry — John Paller’s life was transformed by having a front-row…

Do Kwon summoned to parliamentary hearing following UST and LUNA crash
Rep. Yoon Chang-Hyeon noted that Korean exchanges each reacted differently to the crash and he wanted to invite both Do Kwon and the exchanges involved to learn more details. 579 Total views 2 Total shares The dramatic fall of Terra (LUNA) along with the algorithmic stablecoin UST has been a major talking point among the…

Bitcoin vs. Altcoins: Which Is the Most Usable for Merchants?
Volatile or not, there's growing public demand for retailers and businesses to accept payment in cryptocurrency. According to a survey published in June by the United Kingdom-based crypto-exchange CreditCoin, 75 percent of American consumers want the option to use cryptocurrencies to pay for items they purchase in stores. Sadly, the proportion of stores providing this option…

Indian Telecom Jio Reveals Blockchain Network for 330 Million Customers
Indian telecoms provider Reliance Jio Infocomm Limited (known as Jio) has pledged to build what it describes as one of the world’s largest blockchain networks.Chairman: Nodes to be active from day oneSpeaking at the company’s 42nd AGM (1.01) on Aug. 12, chairman and managing director Shri Mukesh D. Ambani said blockchain technology formed one of…