Crypto’s ‘DeFAI’ sector is down 80% — Can it come back up?

Parity, a blockchain infrastructure company that runs the core of the Ethereum network, is delaying the Ethereum core devs’ planned hardfork until Sept. 6.Waiting on ParityEtherWorld founder Pooja Ranjan provided notes from Ethereum Core Devs Meeting 69 via GitHub on Aug. 24 — a day after the dev meeting occurred. According to Parity core developer…

The government of Argentina has announced that it is suspending the national blockchain-based mechanism to register new companies for a period of 180 days.The measure, according to statements made by Ricardo Nissen to La Nación, who is the head of the General Inspectorate of Justice (IGJ), seeks to reorder the registration of new companies so…

Bitcoin active addresses are declining due to a large amount of the market being “gobbled up” by institutional cash, says one analyst.

The scam involves sending users a text message with a link to cancel withdrawals, leading users to a fake website designed to harvest their login credentials. 589 Total views 22 Total shares Binance CEO Changpeng “CZ” Zhao has alerted the crypto community against a “massive” SMS phishing scam targeting Binance customers.Tweeting on Friday, CZ alerted…

Following the Fei Protocol falling short of expectations at the beginning of April, much ink has been spilled on the doomed design of the FEI stablecoin and the possible ways to recover. Covalent’s latest findings in Cointelegraph Consulting’s biweekly newsletter adds up to the discussion by taking a closer look at how the Fei Protocol…

The Philippines has launched a blockchain-enabled mobile application for the distribution of government-issued bonds. 784 Total views 29 Total shares On July 19, the Philippine Bureau of the Treasury along with the UnionBank and Philippine Digital Asset Exchange launched a blockchain-enabled mobile application for distributing government-issued treasury bonds.According to local news outlet Inquirer.Net, the president…

Chainalysis report detailed how cyber criminals laundered their crypto funds in 2021 compared to the previous year, with DeFi protocols seeing the biggest increase in use. 407 Total views 5 Total shares A new Chainalysis report has revealed that $8.6 billion in value was laundered through cryptocurrency in 2021. It marks a 25% increase from…

The price of Bitcoin (BTC) has been bouncing in the range between $8,600 and $10,000 for the past two months. BTC has shown little volatility since May, following a critical rejection at $10,440. However, five major fundamental factors still point toward a prolonged uptrend by 2021.According to data from Skew, the 10-day realized volatility of…