NFT.NYC: Games and tokenization are driving NFT industry maturation
At NFT.NYC 2023, Cointelegraph’s team learned firsthand how nonfungible tokens are shaping the digital world of tomorrow.
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Supreme Court Post-Game: It’s a ‘Historic Day’ for Crypto in India
Earlier today, India’s Supreme Court delivered its verdict in a landmark case for cryptocurrency in the country. A bench of three justices ruled that the Reserve Bank of India’s (RBI) ban on banks’ services to crypto-related firms was unconstitutional.Kashif Raza — co-founder of the Indian crypto regulatory news and analysis platform Crypto Kanoon, which first broke…
Bitcoin hits 3-week high as fresh impulse move sends BTC price to $43.3K
Bitcoin (BTC) saw a fresh impulse move overnight into March 22 as bulls briefly reclaimed $43,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRSI hints at underlying strengthData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $43,337 on Bitstamp Tuesday, the pair's highest since March 3.The action contrasted with the lack of volatility since the weekend, and…
Crypto Biz: Helicopter CBDC money rains on Shenzhen, May 26—June 1
China’s pandemic-hit economy needs all the help it can get after a surge in COVID-19 infections triggered mass lockdowns across the country. In an attempt to revive consumption, the southern city of Shenzhen used Beijing’s central bank digital currency, or CBDC, to airdrop free money to local residents. A similar strategy was used in the…
Bug in Ethereum client leads to split — EVM-compatible chains at risk
“Stay away from doing [transactions] for a while till confirmed, unless you are sure you are submitting to latest Geth,” advised Andre Cronje. A major consensus bug has affected more than half the Ethereum network’s nodes, causing those running older versions of Geth to split from the main network.According to Ethereum software developer Marius van…
Greek Supreme Court Rules to Extradite Alleged BTC-e Owner Alexander Vinnik to Russia
The Supreme Civil and Criminal Court of Greece has ruled to extradite alleged BTC-e owner Alexander Vinnik to Russia to face several cyber fraud charges, Russian state news agency RIA Novosti reports Tuesday, September 4.The formal decision on extradition to Russia will be issued September 14, coming into force the same day.During the actual hearing,…
DEX volumes continue to surge even as Bitcoin and altcoins correct
Decentralized exchange volumes are on the rise as the pullback in the price of Bitcoin motivates some traders to book profits and rotate into altcoins. 301 Total views 9 Total shares Decentralized finance (DeFi) started 2021 by taking the cryptocurrency sector by storm and helping to kick the bull market cycle into high gear as…
Margin Lenders on Poloniex Lost $13.5 Million Due to Flash Crash
Margin lenders on American cryptocurrency exchange Poloniex have lost around $13.5 million due to a flash crash. Poloniex announced about the incident in a blog post published on June 6.Poloniex revealed that on May 26 a severe price crash in the clams (CLAM) market led to margin loans losses amounting to roughly 1,800 bitcoin (BTC),…
CRV exposure risk throws a curveball at the DeFi ecosystem: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The $47 million Curve Finance exploit on July 30 had a domino effect on the DeFi ecosystem, mainly due to the $100 million loan taken out by the…