Fake Curve Finance app scams users, tops global finance charts

It’s been less than a day since Ethereum’s historic transition to proof-of-stake, with most of the crypto community still abuzz with excitement following the successful Merge.On Sept. 15 at 06:42:42 UTC, the last Ethereum block using the old proof-of-work consensus mechanism was mined. Replacing it is an energy-efficient proof-of-stake consensus mechanism. Many crypto enthusiasts and…

Digital securities company Securitize announced a strategic investment from Sony Financial Ventures, in a press release dated Feb. 4. The unspecified level of investment marks an extension of Securitize’s latest funding round, which saw Santander and MUFG lead a $14 million round of investment capital, as Cointelegraph reported in September 2019.Securitize is a compliance platform…

This week the S&P 500 made news by notching a new intraday all-time high and recovering 100% of the losses caused by the coronavirus pandemic in mid-March. Despite this, there are signs U.S. stock markets could be overvalued. The Buffett indicator, an analysis tool which divides the Wilshire 5000 Index by the U.S. GDP, currently shows…

The fad is dying. A recent CB Insights report that was cited Bloomberg announced a 60% decline in blockchain startup investments this year, down to $1.6 billion. But at the same time, large enterprises such as Microsoft, Walmart, IBM and Samsung have either deployed their own blockchains or joined partnerships to use the technology. Ironically,…

Top Democratic Party donor Ron Conway has split from pro-crypto Fairshake PAC after it pledged to back a Republican candidate without his knowledge.

A British investigative firm tracked down stolen funds and convinced the High Court of Singapore to mark the wallets containing the funds permanently with its order. 169 Total views 1 Total shares The Singapore High Court has allowed financial investigation firm Intelligent Sanctuary (iSanctuary) to attach nonfungible tokens (NFTs) containing a legal document to cold

Cardano joins the cryptocurrencies battling pivotal resistance zones after beating out bears lower down in a broad market comeback. 450 Total views 278 Total shares Cardano's ADA token came close to its highest in two months on Aug. 10 as daily gains neared 6%.Data from Cointelegraph Markets Pro and TradingView showed ADA/USD challenging resistance to…

Earlier today the price of Bitcoin (BTC) hit $18,815 on Binance for the first time in nearly three years. Following the breakout, BTC is on track to see a new all-time high in the near term for four significant reasons.The factors that make a new record high likely are growing institutional demand, reduced selling pressure,…

The crypto exchange responded to questions from Cointelegraph after announcing it would cease trading support for USDC and two other stablecoins this month. 3081 Total views 23 Total shares Crypto exchange giant Binance has confirmed it has no plans to “auto-convert” Tether (USDT) to Binance USD (BUSD) at the moment, though it noted that this…