Crypto Super PACs win big backing candidates in 3 US state primaries
After backing two losing candidates in Arizona primaries on July 30, the crypto-backed Fairshake PAC and its affiliates could claim up to four new victories in congressional races.
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UNICEF Crypto Fund to Invest $100K in Humanitarian Blockchain Projects
Over the past four years, the United Nations International Children’s Fund has been investing in startups applying open-source technology, hoping to make the world a better place, but is looking to step up its game even further now.Cecilia Chapiro, an investment advisor at UNICEF Ventures, told Cointelegraph that UNICEF had launched its innovation fund in…
Bitcoin worth $2 billion moves for just $0.78
An unknown wallet benefited from Bitcoin’s low-fee blockchain yesterday with a transaction worth $2 billion. 2752 Total views 27 Total shares Block data from Blockchain.com reveals that a colossal Bitcoin (BTC) transaction worth $2 billion was processed on Monday night. Despite the enormous financial value, the unknown wallet holder only paid 0.00001713 BTC fees equivalent…
Styx Stealer malware exploits Windows vulnerability to ‘clip’ crypto
Styx Stealer steals data and can reroute crypto transactions coming from an infected computer to the bad actor’s wallet.
Bitfarms increases mining pace, generates 411 BTC in September
Bitfarms, one of the largest Bitcoin miners in the world, believes that many of its best growth opportunities will arise from the upcoming BTC halving. 252 Total views 4 Total shares The Canadian Bitcoin (BTC) mining firm Bitfarms has been actively scaling operations, significantly increasing the amount of mined BTC last month.Bitfarms mined a total
UK prosecutor expects crypto scams to increase, but numbers remain low for now
Less than 1% of overall fraud cases relate to cryptocurrency, but that number could be rising in line with Bitcoin and the crypto market's ascension. 287 Total views 1 Total shares The United Kingdom Crown Prosecution Service expects to see an increase in the number of Bitcoin (BTC) and cryptocurrency-related scams in the coming years,…
What is the network effect?
The network effect is a phenomenon where the value of a product or service increases as more people use it. As the user base grows, there are more opportunities for interactions, which can lead to increased benefits and positive outcomes for each user. The network effect is a powerful driver of growth and adoption for…
Crypto Traders Are Longing ETH (And Not Much Else)
The number of Ethereum (ETH) longs has continued to surge after breaking into all-time highs at the end of March.Despite the broader crypto markets posting price gains alongside Bitcoin (BTC) in recent weeks, the number of open longs remains low for most crypto assets after plummeting during the mid-March crypto market crash.Ether longs dominate crypto…
Binance.US coins trade at premium amid litigation fears, fiat gateway issues
Stablecoins such as USDT and USDC were trading for 3% to 4% higher than par value at the time of publication. 254 Total views 1 Total shares On June 7, multiple coins and tokens listed on Binance.US, the U.S. subsidiary of cryptocurrency exchange Binance, began deviating from their fair value to trade at premiums. Coins…