DeFi will soon pump harder than in DeFi summer: dYdX Foundation CEO

The P2P marketplace continues its push to highlight the benevolence and positive nature of the Bitcoin community. Peer-to-peer cryptocurrency marketplace Paxful announced Sept. 17 that it had broken ground on a new school in Nigeria. This is the fourth school of 100 planned as part of its #BuiltWithBitcoin initiative to bring quality education to emerging…

Bitcoin (BTC) has passed another network performance milestone this week as the largest cryptocurrency’s hash rate hit a new record high.Bitcoin secured by 80 quintillion hashes per secondData from monitoring resource Bitinfocharts confirmed Bitcoin’s hash rate exceeded 80 quintillion SHA256 hashes per second Aug. 8, the first time such a level has been reached.Hash rate…

The integrations could bring new assets to popular DeFi platforms amid a market-wide pullback. 1857 Total views 8 Total shares As digital asset markets suffer a broad pullback, cross-chain bridge protocol Ren has announced integrations with EMV-compatible chains Fantom and Polygon that could bolster liquidity across the DeFi ecosystem. In a blog post on Friday, Ren…

Binance CEO Changpeng "CZ" Zhao appears to have softened his stance on central bank digital currencies (CBDCs), arguing in a conference that he doesn’t think CBDCs are a threat to his company or the crypto sector. CZ spoke at the Web Summit in Lisbon on Nov. 2 about CBDCs and their role in the crypto industry.The…

Bitcoin (BTC) price is still range-bound and traders are searching for signs that may provide insight about the next directional move. Philip Swift, the creator of analytics resource LookIntoBitcoin, pointed out on July 9 that the Puell Multiple rebounded “out of the green zone of this week” only for the fifth time in history. Swift…

Decentralized Autonomous Organization (DAO) developer cooperative dOrg has created a limited liability company (LLC) to grant its native DAO legal status, according to a report by independent law firm Gravel & Shea on June 11.As its name implies, a DAO is a firm with no centralization or hierarchy, and is instead governed by open source…

Cypher announced that losses from its exploit will be distributed among users in an initial stage, then compensated through protocol revenue when the platform relaunches. 881 Total views 3 Total shares Crypto trading platform Cypher has published a plan to recover from its $1 million exploit, stating it will “socialize” losses across the platform in…

Weekly Bitcoin trading volumes in the Philippines peso grew steadily on Paxful this year and eventually hit a new high in July. 447 Total views 23 Total shares Despite some level of regulatory uncertainty around cryptocurrency in the Philippines, one platform has recorded a massive influx of Bitcoin (BTC) trading activity recently.Bitcoin trading volumes in…

The CertiK Foundation, an organization that develops security infrastructure for blockchains, will introduce the open beta of its CertiK Chain next week.Per a press release shared with Cointelegraph on Nov. 22, CertiK Foundation is about to launch the Testnet 3.0 open beta for CertiK Chain designed to enable smart contracts to check for evidence of…