Crypto short liquidations breach $100M as Bitcoin reclaims $64K
Bitcoin has reached its highest price so far in October, surging above $64,000 early on Oct. 14 and liquidating over $52 million from those betting its price would fall.
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Shiba Inu’s marketing head has shared plans for a DAO that will allow SHIB holders to have a say in the future direction of the memecoin project.
Ethereum Denies It Is Mulling $15 Mln Investment to Develop Verifiable Delay Functions
The Ethereum Foundation has refuted alleged plans to spend a prospective $15 million on the development of Verifiable Delay Functions (VDFs) for use in its transition to a Proof-of-Stake (PoS) network. The clarification was made by Foundation researcher Justin Drake in private correspondence with Cointelegraph on Feb. 8.A report from crypto news outlet CoinDesk had…
Malta Regulator Clarifies Legal Status of Binance
In a recent interview, a Malta parliamentarian has sought to clarify the legal status of top cryptocurrency exchange Binance within the island country.Speaking to Cointelegraph, Malta’s Junior Minister for Financial Services and Digital Economy, Bartolo Clayton, reaffirmed that Binance has never been licensed in the jurisdiction:“As informed by the Malta Financial Services Authority, which is…
Jack Dorsey outlines Square’s tentative plans for Bitcoin hardware wallet
“Bitcoin is for everyone. It’s important to us to build an inclusive product that brings a non-custodial solution to the global market,” the CEO said. Square Inc., the mobile payments company behind the popular Cash App, is strongly considering developing an open-source Bitcoin (BTC) wallet, signaling continued conviction in the future of digital currency payments. “Square…
Top-5 Cryptos This Week: HT, BTC, TRX, NEO, LEO
Although sentiment drives prices in the short-term, fundamentals play a major role in determining long-term price action. However, many times, the price follows fundamentals higher with a lag. The crypto markets have an uncanny ability to surprise analysts by moving opposite to the general perception.As the year draws to an end, the focus will shift…
Chainlink’s Nazarov sees two ways for mainstream DeFi adoption
How do we get DeFi “to cross the chasm?” 1781 Total views 19 Total shares As decentralized finance begins to gain ground, Chainlink co-founder Sergey Nazarov believes there are two ways for more mainstream adoption. Speaking at the Smart Contract Summit, Nazarov said he sees two ways DeFi “crosses the chasm” and more Web 2.0 companies…
New Coinbase Listing Process Will Allow Exchange to ‘Rapidly’ Increase Supported Assets
Cryptocurrency exchange Coinbase has announced a new process that will allow it to list more digital assets faster, according to a statement published September 25.Per the announcement, the new process refers only to digital assets that are compliant with local law, which means that certain assets listed on the platform may only be available to…