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Major Polkadot ecosystem investors are backing the DeFi protocol. 2416 Total views 13 Total shares Equilibrium, a Polkadot-based decentralized finance project and parachain candidate, has raised $2.5 million from a number of venture funds primarily involved in the Polkadot ecosystem.Heavy Polkadot backers like KR1, Signum Capital and Hypersphere Ventures joined Equilibrium’s round. Other participants from…

In 2018, the two main ways video game players can earn a living were through e-sports and live streaming — or perhaps a successful YouTube channel. But, thanks to the rise of blockchain technology, the financial aspect has never been more interwoven with the gaming industry. While most users are acquainted with one or two…

The latest survey carried out by Cointelegraph Research among 84 professional investors across the globe revealed that out of $316 billion in assets managed by the respondents, 3.3%, or approximately $10.42 billion, is invested in cryptocurrencies. Some surveyed investors reported over 50% exposure to digital assets, but respondents’ median percentage invested in cryptocurrencies stands at…

Bitcoin mining via renewable energy is already prominent, one CEO explains. 307 Total views 2 Total shares The energy consumed by mining — the process that keeps Bitcoin’s blockchain running — has been an increasingly popular topic of discussion in recent weeks.On Friday, CNBC posted an interview with SUKU CEO Yonathan Lapchik, during which he…

A new law signed by Kazakh President Kassym-Jomart Tokayev on Feb. 6 reinstated the nation’s stand against the unlawful mining operations and issuance of crypto assets. 55 Total views 3 Total shares Own this piece of history Collect this article as an NFTKazakhstan, one of the biggest Bitcoin (BTC) mining hubs in the world, announced…

Earlier this summer, CNN and The New York Times each warned that the nonfungible token (NFT) bubble, fueled by buzz over eye-popping valuations for digital art and interest from collectors, might already be bursting.As the sixth employee at a social media startup called Wildfire — which was acquired by Google in 2012 — I’m all…

Cryptocurrency exchange Bittrex obtained $300 million in digital asset insurance against theft or collusion for the cryptocurrency it holds in cold storage.Bittrex announced in a blog post on Jan. 29 that the exchange obtained specialty insurance for corporations by insurance firm Lloyd’s of London after working with major insurance broker and adviser Marsh. The co-leader…

Does Bitcoin finally have an advocate at the highest levels of government? 2115 Total views 28 Total shares In an interview with the ABC News program GMA3: What You Need To Know on Friday, senator-elect Cynthia Lummis again voiced her support for the popularization of Bitcoin, going so far as to say that she does…

Lighting Network helps Bitcoin solve its scalability problem and compete against newer cryptocurrency projects that promised comparatively faster and cheaper transactions. 641 Total views 13 Total shares Crypto exchange Coinbase has confirmed its decision to integrate layer 2 payment protocol Lightning Network as users seek faster and cheaper Bitcoin (BTC) transactions. Lighting Network (LN) was created