Ethereum tops $3.3K as analysts tip ETF approvals this week

Catastrophe has been narrowly averted by YAM Finance after the DeFi community rallied in support of a campaign to recapture governance over the protocol. After a tense day, the most talked about new decentralized finance (DeFi) protocol YAM Finance has overcome a near-catastrophic code error. The future of Yam Finance was abruptly thrown into question earlier…

In any market, whether it is fruit and vegetables or financial assets, prices are determined by the intersection of supply and demand.If tomatoes are scarce due to a flood, with the same demand, the price in the supermarket will inevitably be higher — just as it will be higher if, with the same supply, twice…

Figures published by bitcoin core developer Luke Dashjr show that more than half of the full nodes in the bitcoin network are still running client software vulnerable to the inflation bug discovered in September 2018.This revelation poses some danger to the network, as software vulnerabilities are a clear and present danger to the fidelity of…

China looks at Web3 as a powerful tool to challenge the United States’ technological and economic hegemony, the Animoca co-founder said. 667 Total views 11 Total shares Hong Kong’s rapid adoption of cryptocurrencies and Web3 is a sign of some “big moves” happening in mainland China, a co-founder of the local game software firm Animoca…

On-chain data suggests Bitcoin price will not see a Black Thursday repeat as the amount of BTC held at exchanges has dropped to a 2020 low. As Bitcoin (BTC) price pulled back below $12,000, some investors began to worry that another crypto market crash like one that occurred on March 11 would occur. However, data from…

The power of television is no joke. Grayscale Investments had its best fundraising week in history following an ad blitz on a number of major television networks. According to the company’s CEO Barry Silbert, Grayscale netted $217 million in investments in the days following the campaign. The firm’s Bitcoin Trust Fund was the biggest contributor to…

On March 18, Attestiv, a firm combating digital fraud and deep-fakes using blockchain technology, announced that it had secured funds exceeding $2 million in a seed offering.Cointelegraph recently spoke to Attestiv’s CEO, Nico Vekiarides, to analyze his thoughts on blockchain’s role in combating fake news and digital fraud in the insurance industry.Cointelegraph: Can we get…

Multinational investment bank JPMorgan Chase has had a chequered relationship with cryptocurrencies over the years. While it has maintained an apparent apathy toward Bitcoin and the likes, the financial institution has openly embraced blockchain technology and is actively using it in various internal projects. This has come to the fore in August 2018, as chief…

First introduced in 2020, MiCA aims to create a consistent regulatory framework for crypto assets among the European Union member states. 213 Total views 1 Total shares Officials with the European Union have signed the Markets in Crypto-Assets, or MiCA, bill into law following final approval from finance ministers.On May 31, Sweden’s minister for rural…