Crypto bank Sygnum posts profit after doubling crypto trading volumes

Analysts state that blockchain hacks should remain on the decline. 589 Total views 15 Total shares The amount of cryptocurrency and blockchain-related hacks has been decreasing over the course of 2020, a new report claims.According to data analyzed by VPN provider Atlas VPN, the number of hacks in the first half of 2020 dropped more…

The latest Bitcoin correction triggered a record $500 million worth of liquidations in 60 minutes on major exchanges. 1162 Total views 10 Total shares The Bitcoin markets emphatically rejected the $60,000 price range on March 15, with excessive leverage driving a record $500 million worth of long liquidations over just 60 minutes.Glassnode’s founders, Jan &…

Business intelligence firm MicroStrategy — one of the largest corporate holders of Bitcoin (BTC) in the United States — managed to return to profitability in the second quarter amid a surge in the price of Bitcoin.In a Q2 earnings results filing posted on Aug. 1, MicroStrategy reported $22.2 million in net income, a massive swing…

At various points throughout 2020 Bitcoin (BTC) was correlated with gold. During these phases BTC was acting as an uncorrelated asset, but now it has become highly correlated to the S&P 500.This suggests that the top-ranked cryptocurrency on CoinMarketCap has been finding acceptance among various groups of traditional investors during different stages of the current…

Billionaire tech CEO Elon Musk is certainly very hands-on with his work, but not like that, apparently.

Shahar Madar, the head of security products at Fireblocks, says Web3 startups need to think from the “attacker’s perspective” when planning security protocols. 131 Total views 1 Total shares Security remains one of the Web3 industry’s most important and relevant issues as protocols and enterprises continue to face exploits.At the Israel Crypto Conference, Cointelegraph talked…

As part of the partnership, all NFTs in The Sandbox's collection wallet will be transferred to the Ledger Enterprise wallet. 68 Total views 2 Total shares Own this piece of history Collect this article as an NFTA decentralized Metaverse platform, The Sandbox, will partner with security solution provider Ledger Enterprise to develop security integration for…

A new metric published by DappRadar wants to paint a more reliable picture of how the decentralized finance ecosystem is growing.Called “Adjusted TVL,” the metric attempts to clean total value locked readings from any external influence — primarily price increases.Total value locked is often considered a measure of the popularity of a DeFi protocol and…

Custody services aren’t the most compelling corner of the crypto ecosystem, but 21st-century solutions for storing and safekeeping digital assets are critical if cryptocurrencies are to achieve widespread adoption. For that reason, Cowen Inc.’s recent announcement that the 103-year old United States investment bank wants to hold crypto on behalf of asset managers and hedge funds…