Crypto News Roundup for Oct. 18, 2021
Markets Daily Crypto Roundup
With crypto markets taking a breather after bitcoin led the markets with a strong rally and a look at what NOT to do with NFTs, CoinDesk’s Markets Daily is back with the latest news roundup.
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Hackers Are Trying to Mine Crypto Using Russian Government Servers, Expert Says
Hackers have been mining crypto on government servers in Russia, including defense contractors and medical centers, expert says.(Minerva Studio/Shutterstock)Feb 5, 2021 at 6:21 p.m. UTCHackers Are Trying to Mine Crypto Using Russian Government Servers, Expert SaysHackers are increasingly attacking Russia’s government IT infrastructure to mine crypto, a law enforcement-affiliated expert said in a conference on…

Mainstream Moments and the CompuServe of Crypto, Feat. Andreas M. Antonopoulos
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Binance Labs Invests $10M in DeFi Lender Radiant, RDNT Jumps 10%
The venture capital arm of Binance has invested $10 million in Radiant Capital, a decentralized finance (DeFi) lending and borrowing protocol.The new funds will go toward tech and product development, which includes expanding collateral and deployment on the Ethereum mainnetRadiant is built on architecture from LayerZero Labs, another Binance Labs portfolio company. The lending platform…

Bitcoin Gives Up $27K in Sharp Tumble as Crypto Liquidations Top $100M
Bitcoin (BTC) rise above $27,000 proved short-lived, as the token tumbled about 2% in minutes during early afternoon U.S. hours to $26,700.The largest and oldest cryptocurrency had advanced to as high as $27,420 earlier Monday, its highest price since late August.BTC was still up 0.8% over the past 24 hours, underperforming the broad-market proxy CoinDesk

Inside the ‘Private Mempools’ Where Ethereum Traders Hide From Front-Running Bots
Ethereum is swarming with bots that are programmed to front-run transactions. The bots exploit the brief window of time between when transactions are submitted, and when they're officially finalized, to copy trades from other users, quickly execute them, and in doing so eat into any would-be profits.It's a practice called maximal extractable value (MEV), and

Algorand Integrates Tech to Bring Users Detailed Analysis of Largest Blockchains
news Algorand is gaining the ability to analyze the largest blockchains by adding the PARSIQ monitoring system to its platform, company executives told CoinDesk. PARSIQ is a monitoring tool for compliance officers, market analysts, blockchain developers and researchers. The advance brings new business insights to the blockchain first proposed by MIT professor Silvio Micali, such as…

Where Crypto Exchanges Are Beating the Bear Market
feature With the Turkish lira dropping to a six-month low against the dollar last week, bitcoin is continuing to pick up even more traction in Istanbul. Andy Cheung, head of operations at the global crypto exchange OKEx, told CoinDesk that over 30,000 Turkish users signed up for the platform since it expanded services to Turkey…