Blockchain developer warns of centralization risks as crypto AI race intensifies

The upcoming election is a big deal for financial markets. 1561 Total views 11 Total shares Galaxy Digital CEO and known Bitcoin (BTC) proponent, Mike Novogratz, said he sees upcoming financial market difficulties if Democrats take the U.S. presidential bid in November. "Electing Biden and Harris, as much as it's going to be great for the…

The recent 256% Polkadot (DOT) recovery over the past 56 days has been nothing short of spectacular. Although the price is 23% below its $49.80 all-time high from four months ago, the altcoin's $39 billion market capitalization has outperformed the Ether (ETH) by 66% over the past thirty days.Polkadot/USDT. Source: Bybt.comPolkadot is a blockchain network…

While supporting crypto mining companies, the Russian lawmakers are still not sure whether they should ban individuals from mining crypto. 141 Total views 13 Total shares As Russia continues to work on new regulations for the cryptocurrency industry, the Russian Ministry of Finance has expressed fresh support to Bitcoin (BTC) mining.Russia should encourage the development…

A recent study from Juniper Research states that the cryptocurrency market could “implode” and that transaction volumes are decreasing, Bloomberg reported Oct. 9.In a report dubbed “The Future of Cryptocurrency: Bitcoin & Altcoin Trends & Challenges 2018-2023” Juniper assessed the challenges of digital currencies, with a focus on technical, social and regulatory concerns. The survey…

95 percent of volume on unregulated exchanges appears to be fake or non-economic in nature, an analysis from cryptocurrency index fund provider Bitwise Asset Management has argued in a report dated March 20.Bitwise reported its data and claims to the United States Securities and Exchange Commission (SEC) as part of a proposed rule change for…

The hacker drained a number of pools on Curve Finance, stealing roughly $70 million, but has gradually started returning funds to various projects. 183 Total views 2 Total shares Nonfungible token finance (NFT-Fi) protocol JPEG’d has confirmed that 5,495 Ether (ETH), worth roughly $10 million at current prices, has been returned by the Curve Finance…

The open interest on Bitcoin (BTC) options is just 5% short of their all-time high, but nearly half of this amount will be terminated in the upcoming September expiry. Although the current $1.9 billion worth of options signal that the market is healthy, it’s still unusual to see such heavy concentration on short-term options.By itself, the…

The exchange has been taken offline due to the discovery of the bug and the team has implemented an “emergency fix” and updated the decentralized exchange. Minutes before 12 a.m. UTC on June 6, the CEO and co-founder of the Elrond Network, Beniamin Mincu, tweeted that he and his team were “investigating a set of suspicious activities”…