Bitcoin to have ‘crazy decade’ as global wealth managers dive in
Cointelegraph spoke with Riot Platforms’ Pierre Rochard and Metaplanet’s Dylan LeClaire at the Bitcoin Amsterdam 2024 conference.
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Subsquid building decentralized indexing technology with new $3.8M funding
The company aims to develop a decentralized data query system following new funding. 569 Total views 15 Total shares Subsquid, a query node framework for Substrate-based blockchains, announced Thursday that it has closed a $3.8-million seed round led by Hypersphere Ventures.The company said that it expects to use this seed capital for developing the first…
US Gov’t Opens Door for Fintechs to Become Lenders in COVID-19 Relief Plan
Main Street businesses hit by the COVID-19 crisis now have access to a lifeline from fintech lenders.On April 9, the United States Small Business Administration (SBA) released its application form for nonbanks to sign on as lenders under the federal Paycheck Protection Program (PPP).Speaking to Cointelegraph on April 10, John Pitts, head of policy at…
IBM announces global Call for Code artificial intelligence hackathon winners
The global hackathon, now in its sixth year, gives participants access to advanced AI, cloud computing and blockchain technology. 259 Total views 2 Total shares The David Clark Cause, IBM, the United Nations Human Rights Office of the Commissioner and the Linux Foundation announced the winners of the 2023 Call for Code hackathon on Dec.
4 reasons why Ethereum price can’t break $1,970
Ether (ETH) price faced resistance after hitting the $1,970 level on July 3. A number of factors capped the rally, including higher odds of more interest rate hikes in the coming months and a tighter regulatory cryptocurrency environment.Macro headwinds from the FedBesides the external factors, the Ethereum network has faced withdrawals from its smart contract…
Top five crypto winners (and losers) of 2022
Cointelegraph looks back on the best and worst-performing cryptocurrencies of 2022 among the top 100 assets by market capitalization. We used the highest and the lowest year-to-date (YTD) returns through the close of Dec. 25, 2022.Overall, Cryptoindex.com 100 (CIX100), an index that tracks the 100 best-performing cryptocurrencies, fell nearly 68% YTD, suggesting most top coins…
Decentralized insurance could save DeFi from contagion, according to ShapeShift report
Decentralized finance has many of the hallmarks of previous cryptocurrency bull markets: incredible gains, extreme volatility and massive risks. In a new report, leading noncustodial cryptocurrency exchange ShapeShift explains the four biggest risks facing DeFi investors and why the emerging field of decentralized insurance could offer a solution.The report, titled "Spreading the Risk: Decentralized Insurance,"…
Canadian Police Freezes Assets of FUEL Token Issuers due to Alleged $22 Million Fraud
Canadian police have frozen assets of the founders of blockchain consulting firm Vanbex, which raised $22 million in an alleged fraudulent initial coin offering (ICO). The development was reported in a court document released on March 14.According to the document, Vanbex founders Kevin Hobbs and Lisa Cheng claimed to the public that they operated a…
Commissioner Kristin Johnson to sponsor CFTC Market Risk Advisory Committee
The crypto hawk Biden appointee will sponsor a panel of 36 financial industry executives, thought leaders and other prominent figures. 104 Total views 5 Total shares United States Commodity Futures Trading Commission (CFTC) commissioner Kristin N. Johnson was named the sponsor of the agency’s Market Risk Advisory Committee (MRAC) on Tuesday. She replaced CFTC chair…