Iranian officials decry blockchain game 'Hamster Kombat' as soft power tool
The deputy chief of the Iranian military claimed the game was a way of distracting Iranians from the country’s upcoming presidential elections.
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Bitcoin HODLers are not selling: Inactive BTC supply hits 3-month low
Long-time Bitcoin (BTC) HODLers are refraining from selling their holdings, on-chain data from Glassnode shows. According to Glassnode’s "BTC Percent Supply Last Active 2+ Years" indicator, Bitcoin that was last moved well over two years ago reached a three-month low to 45.364%.BTC Percent Supply Last Active 2+ Years. Source: GlassnodeThis trend indicates that Bitcoin HODLers…

Total Value Locked in DeFi Is Overestimated by $2.83 Billion — Data Shows
New data suggests the total USD value locked in DeFi protocols is overestimated by roughly $2.83 billion. The total USD value locked in decentralized finance (DeFi) protocols recently surpassed the $6 billion mark according to onchain data resource, DeFi Pulse.Currently, the figure rests at $6.32 billion, after rising nearly six-fold since it reached the $1…

US dollar strength mimics 2020 Coronavirus crash — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week with all quiet on traditional markets but a storm brewing in crypto.As the Easter long weekend continues for the United States and much of Europe, traders are keenly eyeing whether Bitcoin can stay stable for four days without professional investor involvement.So far, the picture has not favored bulls —…

Former Monero maintainer Riccardo ‘Fluffypony’ Spagni to surrender for South Africa extradition
Court filings hint at authorities allowing Spagni to be in the United States for the Independence Day holiday weekend before being taken to South Africa early on Tuesday. 369 Total views 24 Total shares Riccardo Spagni, the former maintainer of the privacy coin Monero also known as Fluffypony, faces extradition to South Africa months after…

Bitcoin futures data hints at $22K as the next logical step
A Bitcoin (BTC) price correction down to $22,000 is becoming increasingly likely as BTC derivatives have begun to exhibit bearish tendencies.The price chart of Bitcoin leaves little doubt that investor sentiment worsened after the much-hyped victory by Grayscale Asset Manager against the U.S. Securities and Exchange Commission (SEC) on Aug. 29 and the postponement of multiple spot

‘Crypto is just like the end of the 90s with the internet bubble,’ says Hodl CEO Maurice Mureau
Mureau remains bullish on crypto's outlook despite a severe bear market in recent months. 1261 Total views 28 Total shares For Maurice Mureau, CEO of crypto investment fund operator Hodl, there's "not a lot left" to invest in anymore. With soaring inflation, bonds are no go, real estate is getting more difficult but there is…

Overstock’s Blockchain Subsidiary Acquires Stake in Blockchain Banking Platform
Retail giant Overstock.com, Inc.’s blockchain subsidiary, Medici Ventures, has acquired a stake in blockchain banking platform Bankorus, according to a press release published on March 11.Medici Ventures has purchased a 5.1 percent stake in Bankorus, a blockchain banking platform that enables both individuals and institutions to buy, sell, lend and store digital assets. Jonathan Johnson,…

Algorithmic asset experiments continue to entice traders & developers
As the team behind Morph.Finance can attest, developing an algorithmic stablecoin project can be every bit as frustrating and thrilling as investing in one. While algorithmic assets have retreated from mid-December marketcap highs, the space has nonetheless continued to attract intrepid investors and developers aiming to position themselves at the forefront of a new financial vertical…