Chainlink co-founder notes importance of oracle networks following NYSE glitch
Sergey Nazarov explained how Chainlink could remedy centralized points of failure inherent in centralized information processing systems.
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Bitcoin (BTC) has been ranging from $30,400 to 36,400 for the last 12 days, and it has been difficult to pinpoint the exact reason for investors’ lack of appetite. Some analysts have pointed to the Grayscale Bitcoin Trust (GBTC) unlocking in mid-July finally giving institutional investors a chance to offload their funds, but this is not likely…
Ethereum layer two TVL reaches all-time high
Layer 2 TVL has more than doubled over the past couple of months, hitting a new all-time high of $5.64 billion. 1433 Total views 7 Total shares The total value locked (TVL) on Ethereum layer two (L2) networks has surged to a new peak as gas fees continue to steadily rise driving further adoption. Layer 2…
SBI Delists BCH Amid Major Crypto Exchanges Delisting BSV
This article has been updated to specify that SBI Holdings has made an announcement about the delisting of BCH, and not mentioned listing BSV.Japanese financial services giant SBI Holdings will delist bitcoin cash (BCH) from its virtual currency exchange in June 2019, Cointelegraph Japan reports on April 16.SBI Virtual Currencies has now officially announced its…
Fantom (FTM) price surges 40% in a month — What’s behind the momentum?
Fantom price flashes a classic bullish trading pattern which could extend its month-long double-digit rally.
Self-custody is key during extreme market conditions: Here’s what experts say
Self-custody is what crypto was built for, while bear markets are nothing new to Bitcoin and other cryptocurrencies, industry executives say. 587 Total views 5 Total shares The ongoing crisis of cryptocurrency lending and the associated crypto market decline once again confirms the importance of self-custody or the "true ownership" of crypto by its holder,…
Has Quebec Missed the Ship for Attracting Cryptocurrency Miners?
The results of a 300 megawatt (MW) energy allocation for cryptocurrency miners, run by Canadian provincial utility provider Hydro-Québec, has failed to attract expected demand from the local industry.A Request for Proposals (RFP) for power allocation was opened in June last year, supposedly based on huge demand of around 16,000MW from miners around the world…
Bybit adds crypto options trading as part of expansion plans
The function enables users to speculate on future prices of cryptos and settle their trades using USDC. 266 Total views 7 Total shares Singapore-based crypto exchange Bybit has recently announced its service expansion into crypto options trading, allowing users to trade USD Coin (USDC) options and perpetuals. The Bybit media team told Cointelegraph that this decision…
Big Four and Blockchain: Are Auditing Giants Adopting Yet?
Last week, Big Four firm Deloitte unveiled a mobile platform designed to host blockchain networks on a small scale for demonstration purposes. The product is “based on client interest in understanding blockchain capabilities in live interactions," as per the press release. With this move, the Big Four companies — comprised of Deloitte, PwC, Ernst & Young…