How the Lindy Effect can make users overconfident in DeFi 'brands'

October 31, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Users have more confidence in DeFi brands the longer they survive without incident, but every new upgrade may reset the clock.

CoinShares' pleas last year went unheard as crypto futures and ETNs will be soon banned. In a landmark decision issued on Tuesday by the U.K.’s Financial Conduct Authority, companies in the country will no longer be able to offer cryptocurrency derivatives products such as futures, options and exchange-traded notes (ETNs) to retail customers.The decision comes…

Google Finance adds dedicated ‘crypto’ tab featuring Bitcoin, Ether, Litecoin

Crypto continues to enter mainstream usage. Google Finance users can now get a quick rundown of the top cryptocurrency prices with just one click. 2262 Total views 15 Total shares Google Finance has added crypto prices to the finance.google.com domain. The section, titled “Crypto,” now appears in the “Compare Markets” category alongside conventional stock and…

China Now Downplaying Blockchain Could Be Social Construct to Build It Up

China has led the way in terms of harsh regulations to quash cryptocurrencies like Bitcoin. They were the first country to institute blanket bans on ICOs and exchanges, and have never taken to the decentralized and liberal freedoms that comes from cryptocurrencies. However, that does not mean that China is opposed to the potential revolutionary…

Hydropowered crypto mining gets nod from Kyrgyz president: Report

Kyrgyz President Sadyr Japarov promised to distribute money from crypto mining at the hydropower plant to “ordinary people.” 399 Total views 2 Total shares The Kyrgyz Republic, a central Asian state bordering China, is reportedly growing its cryptocurrency mining powers with support of the local government.Kyrgyz President Sadyr Japarov has given a nod to building…

‘Shark Tank’ star changes tune on Bitcoin, will allocate 3% of his portfolio

Kevin O'Leary referenced investor Dan Loeb’s "deep dive" into crypto in his decision to more fully invest in Bitcoin. 3311 Total views 18 Total shares Businessman Kevin O'Leary, who appears on the reality TV show Shark Tank and once called Bitcoin a “giant nothing burger,” has now joined the laser eye community.In a tweet yesterday,…

Cointelegraph Consulting: Rarible’s daily transactions see a rapid decline

Nonfungible token (NFT) sales tapering off is nothing new, and since their May peak, they have gone down by about 90%. However, as some marketplaces shore up their numbers, NFT auction site Rarible appears to have users flocking away from its platform.Rarible is one of the most popular sites for buying and selling digital collectibles,…

Dogecoin’s breakout from 3-year channel signals 500% rally potential in 2025

DOGE is breaking out of a symmetrical triangle pattern with an ultimate price target hovering around $2.

Hong Kong’s losses to crypto scams doubled to $217M last year: Report

Crypto-related scams in Hong Kong reportedly accounted for more than 50% of the total $407 million stolen from city residents in tech crimes in 2022. 51 Total views 3 Total shares Own this piece of history Collect this article as an NFTSome countries around the world suffered bigger financial losses to cryptocurrency scams despite a…

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