Mac users warned over malware ‘Cthulhu’ that steals crypto wallets
The malware targets popular crypto wallets frm the likes of MetaMask, Coinbase, and Binance, on macOS operating systems.
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Is 2020’s “DeFi mania” the next evolution of financial markets?
This year’s DeFi growth may become the defining crypto event of 2020. But what does a “DeFi mania” actually mean? Crypto eras are often defined by their yearly trends: the meteoric bull run of 2017, the crypto winter and ICO boom of 2018, and the resurgent crypto spring of 2019. Will 2020’s explosive DeFi growth…
Derivatives data shows Ethereum traders positioned to extend the ETH rally
Ether (ETH) price rallied 32% leading up to August 23, and despite testing the $3,000 support multiple times, the level has held firmly. Meanwhile, Bitcoin (BTC) could not sustain the $50,000 mark, at least in the short-term. According to Cointelegraph, pro traders are not yet inclined to add bullish positions according to derivatives metrics.Surprisingly, the…
OpenAI backs Senate bills to advance AI safety and accessibility
OpenAI's support for these bills highlights a broader vision for AI that balances safety, accessibility, and the potential for educational progress.
Crypto startup Amber Group raises $530 million AUM as institutions, retail arrive
The crypto-finance company reported a 275% annual increase in assets under management in 2020. 2407 Total views 11 Total shares The crypto-finance service provider tells Cointelegraph that its assets under management, or AUM, reached $530 million in 2020, representing a 275% increase from the previous year. Over 500 institutions have contributed to Amber’s suite of…
Data suggests the strong US dollar makes Bitcoin weaker argument is flawed
At the moment, there seems to be a general assumption that when the U.S. dollar value increases against other global major currencies, as measured by the DXY index, the impact on Bitcoin (BTC) is negative.For the past few weeks, analysts and influencers have been issuing alerts about this inverse correlation, which held true until March…
Bitcoin network difficulty reaches all-time high as miners pursue 2M BTC
Bitcoin’s hash rate maintained a stronghold throughout the year as it compliments the new ATH for BTC network difficulty. 474 Total views 13 Total shares Just when the Bitcoin (BTC) miners helped release the 19th millionth BTC in circulation on Friday, the BTC network’s mining difficulty reciprocated by reaching an all-time high of 28.587 trillion. Bitcoin’s…
AllianceBlock brings DeFi product suite to Avalanche
“In becoming a key player in the Avalanche ecosystem, we will help drive our common goals, bringing the DeFi industry to new heights,” says AllianceBlock founder and CEO Rachid Ajaja. 2506 Total views 19 Total shares AllianceBlock, a decentralized layer-2 solution bridging traditional finance and DeFi, has announced major product integration with Avalanche, the up-and-coming…
Environmental groups want Bitcoin to follow Ethereum’s example in moving to proof-of-stake
Critics have suggested Bitcoin could not operate as the same decentralized currency without a consensus mechanism like proof-of-work. 389 Total views 40 Total shares Transitioning the Ethereum blockchain from proof-of-work to proof-of-stake has reduced its energy usage by more than 99% — and many climate activists have called for Bitcoin to follow suit. In a Thursday…