Ether price in 7-month decline amid ‘L1 wars,’ says analyst
“Solana is the biggest slap in the face” for Ether maximalists due to its monolithic scalability approach, according to the analyst.
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Amount of Ether Locked in DeFi Is Growing Despite Price Slump
The number of Ether (ETH) locked in decentralized finance (DeFi) applications reached an all-time high of 2.7 million, according to DeFi monitoring resource DeFiPulse, and has been steadily growing since the end of June. Of the 2.7 million ETH locked, 2.1 million (77%) are locked in the system behind the DAI stablecoin, Maker.Additionally, 337,800 ETH (12.5%)…
‘1 in a billion’: Second tiny miner solves a block
Each of the lucky miners will take home over $266k, as well as bragging rights to overcoming “one in several billion odds.” 1076 Total views 29 Total shares In an astonishing turn of events, two lucky miners from the Solo CK mining pool have defied all odds and added a new block on the Bitcoin…
An Israeli Blockchain Startup Claims They’ve Invented an ‘Undo’ Button for Bitcoin Transactions
A two-year-old Israeli blockchain startup says it has found a way to cancel crypto transactions if they are sent to the wrong wallet address. 1993 Total views 23 Total shares Kirobo, a two-year-old Israeli blockchain startup, announced on June 30 that it has found a way to tackle problems related to human error in cryptocurrency…
Blockchain Among Targets of South Korea’s $4.4 Billion Domestic Investment Plans for 2019
South Korea announced it would “nurture” eight sectors of the domestic economy, including blockchain, by investing 5 trillion won (about $4.4 billion) next year, local media outlet Yonhap reports Monday, August 13. According to the results of a meeting involving the country’s finance ministry, the government opted to increase the amount spent on areas such…
Bitcoin’s longest ‘extreme fear’ streak finally breaks
After 73 days of "extreme fear" on the Crypto Fear and Greed Index, investors can breathe a very small sigh of relief. 2767 Total views 6 Total shares Bitcoin (BTC) on Tuesday finally escaped the “extreme fear” zone after a whopping 73 days, coinciding with a 19% weekly increase in Bitcoin (BTC) as bulls make…
This Researcher Says Bitcoin’s Elliptic Curve Could Have a Secret Backdoor
According to one of the world’s leading cryptographers, Bitcoin’s elliptic curve could have a secret backdoor, invalidating all underlying security. 5272 Total views 31 Total shares One of the world’s top cryptographers believes that Satoshi Nakamoto chose Bitcoin’s (BTC) elliptic curve either for its efficiency or because it may offer a secret backdoor.Elliptic curve is…
FTC opposes Microsoft’s metaverse-focused Activision Blizzard purchase
Microsoft CEO and chairman Satya Nadella had previously stated that the acquisition of Activision Blizzard would “play a key role in the development of metaverse platforms.” 1942 Total views 6 Total shares Own this piece of crypto history Collect this article as NFTMicrosoft’s attempt to acquire Activision Blizzard — a move originally aimed toward building Metaverse…
High priced $80K Bitcoin options signal pro traders expect more upside
Bitcoin's recent price action and the increasing pace of institutional adoption suggest that traders betting on the June $80,000 Bitcoin call option will be handsomely rewarded. 2760 Total views 10 Total shares Betting on an $80,000 Bitcoin call options for June doesn't seem outrageous given BTC's bullish performance over the past few weeks. This was…