Controversy as MakerDAO’s Spark Protocol blocks users with VPNs
Users attempting to access Spark Protocol with a virtual private network will not be able to, sparking criticism from supporters of privacy.
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Crypto donations raised by Hamas ‘remain tiny,’ says Elliptic
Blockchain forensic firm Elliptic says there’s “no evidence” that Hamas is receiving a significant volume of cryptocurrency donations to fund its attacks against Israel.“There is no evidence to support the assertion that Hamas has received significant volumes of crypto donations,” Elliptic said in an Oct. 25 statement. The amounts raised “remain tiny,” the firm added.Elliptic’s
New Stock-to-Flow Forecast Puts Average Bitcoin Price at $288K by 2024
The latest version of a popular and thus far accurate Bitcoin (BTC) price model predicts an average price of $288,000 — and it could happen this year.In a blog post introducing the third incarnation of the stock-to-flow (S2F) model on April 27, analyst PlanB revealed fresh calculations that are taking his forecast ever higher.BTC S2FX…
DeFi options protocol raises $17M for buy-side marketplace
The upcoming version will combine aspects of an automated market maker (AMM) and money market. 138 Total views 1 Total shares Own this piece of history Collect this article as an NFTThetanuts Finance, a decentralized finance (DeFi) protocol offering crypto options contracts, has raised $17 million to offer a buy-side marketplace and expanded list of…
Ethereum scaling network Arbitrum set for major upgrade on Aug. 31
The Nitro upgrade will further improve the transaction fee crisis that has plagued the growth of the Ethereum network over the last two years. 747 Total views 25 Total shares Ethereum layer-2 scaling solution Arbitrum is set to undergo one of its most significant upgrades on Wednesday, set to increase transaction throughput, slash transaction fees…
How blockchain technology and DeFi could help solve the housing crisis
The prices of houses are sky-high all around the world, and homebuyers are feeling the pain. While affording a home has never been more difficult for many people, the ability to raise funds to construct new homes has never been easier, thanks to decentralized finance (DeFi). The newly launched Home Construction Collective is attempting to…
Coinbase’s Base launches mainnet for builders, will onboard users in August
Base’s layer-2 mainnet has launched, allowing builders to deploy contracts, while users will be welcomed to the network in August. 315 Total views 1 Total shares Coinbase’s Base mainnet is now “open for builders,” according to a July 13 blog post from the network’s development team. The team is opening the network to builders ahead…
Hackers stole at least $600M in Poly exploit across three chains
Paolo Ardoino reported Tether had frozen roughly $33 million in USDT from one of the affected addresses. 795 Total views 51 Total shares In what may be the largest attack in decentralized finance, unknown hackers used an exploit on cross-chain protocol Poly Network to remove at least $610 million from three chains.According to a Tuesday…
Go green or die? Bitcoin miners aim for carbon neutrality by mining near data centers
Bitcoin (BTC) mining has always been a controversial topic. But, Bitcoin’s proof-of-work (PoW) model has reached new levels of concern as senior decision-makers and investors pay closer attention to environmental, social and governance factors. As such, many crypto miners are highlighting environmentally friendly practices by acquiring carbon offsets. Yet, some would argue that this isn’t enough…