Canada PM frontrunner once vowed to make the country a ‘crypto capital’

Proof-of-stake blockchain protocol Algorand and blockchain software firm Blockstack have launched a joint open-source project to support the development of a smart contract language dubbed “Clarity.”Both claim that existing smart contract languages are neither secure nor predictable enough to meet the growing needs of the emerging industry. As of this February, $1 billion in value was…

During Jerome Powell’s Jan. 11 United States Senate confirmation hearings, Sen. Patrick Toomey posed a question to the incumbent-and-future Federal Reserve chief: “If Congress were to authorize and the Fed were to pursue a central bank digital dollar, is there anything about that that ought to preclude a well-regulated privately-issued stablecoin from co-existing with a central…

Ethereum follows suit as Bitcoin price action abandons its correction to reach its highest ever levels. 902 Total views 25 Total shares Bitcoin (BTC) surprised everyone on Nov. 10 as BTC price action abruptly hit new all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin, Ethereum "relentlessly up"Data from Cointelegraph Markets Pro and TradingView captured a snap…

Interest in prediction markets has been growing since the beginning of 2024 in the run-up to the US presidential election.

Recent exit scams have displaced the users of darknet markets, with Eastern European-only platform Hydra now the largest worldwide. 794 Total views 10 Total shares A report published by blockchain forensics firm CipherTrace has detailed significant disruptions to the clandestine darknet marketplace sector following a spate of exit scams during recent months. Despite opportunities for new…

The price of SPARTA token plunged 30% on Sunday as details of the attack came to light. 1095 Total views 11 Total shares Spartan Protocol, a liquidity platform for synthetic assets on the Binance Smart Chain, was drained of $30 million in a coordinated attack on its liquidity pool late Saturday. The exploit targeted a “flawed…

Matrixport, the cryptocurrency firm founded by Bitmain co-founder Wu Jihan, is in the process of raising $100 million funding despite the ongoing crypto market crisis.Lead investors have already committed $50 million for Matrixport’s new funding round at a $1.5 billion valuation, Bloomberg reported on Nov. 25. The deal has yet to be finalized as Matrixport…

A California resident is suing Binance and its CEO for tweets last November that, according to allegations, led to the collapse of the rival exchange. 278 Total views 5 Total shares A class-action suit was filed against Binance.US and Binance CEO Changpeng Zhao on Oct. 2 in the District Court of Northern California alleging various

There is “too much money to spend,” and this will help Bitcoin (BTC) reach its next phase of huge price increases, analysts believe.In a blog post on Aug. 25, Jeroen Blokland, portfolio manager at asset manager Robeco, noted that U.S. M2 money velocity had hit historic lows.“Too much money to spend”Velocity measures the speed at…