Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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SushiSwap GM says “Talk doesn’t mean anything and code shows everything”
SushiSwap, a fork of the popular Uniswap exchange and one of the latest breakouts of the DeFi craze, has undergone its fair share of scrutiny in recent days. The platform's token, known as Sushi, quickly came to represent 77% of the action on Uniswap as of Sept. 1, garnering more than $1.5 billion in locked value…
‘Cryptocurrency Will Not Die’: Mainstream Media on Bitcoin in 2019
In late 2017, Bitcoin piqued the interest of millions of people hoping to capitalize on the ongoing frenzy and, as a result, drew the attention of various traditional media outlets. The press seemed largely skeptical about the concept of decentralization but proceeded to report on Bitcoin’s erratic price movement.This year, as the space has become…
Polygon co-founder proposes zkEVM ‘validium’ upgrade to improve security
Mihailo Bjelic suggested that adding zero-knowledge proof technology could bolster the network’s security while still keeping fees low. 719 Total views 1 Total shares Polygon co-founder Mihailo Bjelic has proposed upgrading the Polygon proof-of-stake (PoS) network to a “zkEVM validium” version, according to a June 20 forum post. If the upgrade is implemented, the new…
3 reasons why Solana bounced harder than Bitcoin and Ethereum
An overnight bounce across the cryptocurrency assets this Wednesday saw Solana (SOL) outpacing its top rivals, including Bitcoin (BTC) and Ether (ETH).The SOL/USD exchange rate surged 55.10% to $31.58 on Wednesday after bottoming out at $20.14 in the previous session. Its move uphill came in the wake of an overall crypto market retracement that, in…
IRS to transition from ‘education to enforcement,’ says former division chief
A former top investigator is warning that the IRS might be shifting crypto tax payment enforcement into high gear 3268 Total views 21 Total shares A former top investigator is warning that “a high-stakes game of chicken” between the Internal Revenue Service (IRS) and cryptocurrency holders who fail to properly report their earnings will be…
OMG the Volatility! LINK Crashes as $12K Evades Bitcoin: Weekly Recap
Another week, another attempt to break higher meets resistance.Bitcoin (BTC) entered the week surging past $12,000 only to retrace below that key level as altcoins continue to rise and fall.At the same time, it appears Ethereum’s well-documented problems have caught up to it faster than the blockchain can confirm transactions right now.Cryptocurrency market weekly performance.…
Crypto Custodian BitGo Hires Former Xapo Vice-President as CRO
Digital asset trust and security company BitGo has appointed wallet provider Xapo’s former senior vice-president Pete Najarian as its new chief revenue officer (CRO).As finance-focused media outlet Finance Magnates reported on Aug. 19, Najarian will now serve as BitGo’s CRO, reporting to the company’s chief executive officer Mike Belshe. Commenting on the appointment, Belshe said:“Pete…
GameFi needs a wider choice of products to take off, Animoca Brands CEO says
A wider choice of quality games is what is needed for bringing the masses into GameFi, according to Robby Yung, CEO of Animoca Brands. Own this piece of history Collect this article as an NFTThe lack of a wide choice of high-quality products is what has so far prevented crypto gaming from gaining traction among…