Mango Labs sues DAO members for alleged embezzlement scheme
The drama around Mango Labs just never seems to stop. Its problems are with its own members, too.
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Over 100 VCs, investors voice solidarity with Silicon Valley Bank
Approximately 125 VCs and investors signed a statement supporting Silicon Valley Bank as a way to limit the fallout of the bank’s collapse and subsequent extinction of tech companies. 128 Total views 3 Total shares Own this piece of history Collect this article as an NFTAs the 40-year-old banking institution, Silicon Valley Bank (SVB), winds…
4 reasons why Bitcoin price is on the verge of a new all-time high
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,…
Huawei Files for a Storage-Related Blockchain Patent
Huawei strengthens its blockchain adoption campaign by applying for new storage-based Blockchain patents. 2227 Total views 12 Total shares Chinese tech giant Huawei recently applied for a new patent related to blockchain technology which deals with storage methods and devices. Huawei holds a number of other relevant patents, covering topics like Blockchain-based settlement methods.According to…
3 memorable quips from Trump’s event for NFT buyers
Donald Trump says he helped make “NFTs hot again” and even dissed his own political rival’s unofficial meme coin — sending it and his respective meme coin soaring.
‘Centralization issues’ are the biggest culprits of DeFi attacks: CertiK
DeFi is one of crypto's biggest growth stories, but it's also riddled with the most controversy. The sector lost $1.3 billion due to exploits in 2021. 529 Total views 24 Total shares Decentralized finance, better known as DeFi, may not be “decentralized” enough as attackers exploited centralized weak points to drain users of billions of…
Cardano Releases Solution that Scales More than Visa’s Payment Network
On March 25, Cardano launched its off-chain scalability protocol, Ouroboros Hydra, after 5 years of development.An announcement sent to Cointelegraph claims that the protocol vastly increased scalability and low latency for the Cardano blockchain while using little storage on the network’s nodes. The solution also reportedly allows for applications such as micropayments, voting, insurance contracts,…
HSBC rolls out cryptocurrency services in Hong Kong: Report
Three crypto ETFs listed on the Stock Exchange of Hong Kong are now reportedly available for trading at Hong Kong’s largest bank. 378 Total views 1 Total shares Hong Kong and Shanghai Banking Corporation (HSBC) — the biggest bank in Hong Kong — has reportedly introduced its first local cryptocurrency services.HSBC has enabled its customers…
More than $1B in Bitcoin has been tokenized for DeFi
Almost 100,000 Bitcoin are now tokenized on Ethereum, more than half of which migrated over the past 30 days More than $1 billion worth of Bitcoin (BTC) has now been tokenized to access decentralized finance (DeFi) protocols on the Ethereum (ETH) network. That’s equivalent to the entire total value locked (TVL) in DeFi less than…