NYC mayor gloats about Bitcoin holdings: ‘Who’s laughing now?’
Mayor Eric Adams, who took office in 2022, announced after his election victory that he would accept his first three paychecks in Bitcoin.
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Crypto Platform Says It Has Launched Two Products to Challenge Banks and Empower Customers
A “next-generation” mobile payment platform has unveiled two products that are designed to help users smartly manage money matters and enjoy “greater financial empowerment.”Crypto.com’s first new offering, Crypto Earn, gives the public “the freedom to grow their assets.” Available through the platform’s flagship app, the service allows users to deposit virtual currencies and accrue incentives,…
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October ICO Market Overview: Trends, Capitalization, Localization, Success Rate
Disclaimer: This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision.The ICOmeter aims to provide the accurate and concise information about the development of the ICO market in the previous month, and its relation to the all-time statistics. The…
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Funds locked in Aave soar past $20 billion amid layer-two embrace
Aave’s TVL has soared past $20 billion, with one-third of capital coming from its deployment on layer-two, Polygon. 1916 Total views 6 Total shares Aave has surged to the top of the DeFi ranking by total value locked (TVL) amid its recent embrace of layer-two for scaling.According to Aave’s website, the v2 and Polygon deployments…
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To Accelerate Cryptocurrency Adoption, We Must First Improve User Experience
Only with increasing difficulty can one recall a time when the majority of the world was yet to adopt the internet. In 1995, user adoption of the internet had only reached 10% of American households, five years after the very first web browser was launched. Another five years later, in the year 2000, 50% of…
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Big breath as Beacon Chain stops finalizing… and then recovers
The Ethereum mainnet briefly stopped finalizing transactions but recovered after 25 minutes. 235 Total views 2 Total shares An unidentified issue on Ethereum’s Beacon Chain led to a halt in transactions for nearly half an hour on May 11. Around 8:15pm on Thursday May 11, a number of Ethereum core developers announced that the Beacon Chain…
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Karak has 'good chance' of becoming next EigenLayer after EIGEN airdrop disappointment
EigenLayer’s decision to ban U.S. and Canada-based airdrop participants could lead to a mass exodus to other restaking protocols. So will Karak become the next EigenLayer?
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Electrum Faces Another Fake Wallet Attack, Users Reported to Lose Millions of Dollars
Bitcoin (BTC) wallet service Electrum is facing an ongoing Denial-of-Service (DoS) attack on its servers, the company reported on Twitter on April 7.According to tech news website The Next Web, the new attack has caused users to lose estimatedly millions of dollars to date, with a single person alone reportedly losing about $140,000.The ongoing DoS…
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Research: Cryptocurrency Exchange Binance Registered 66% Profit Increase in Q1 2019
Major cryptocurrency exchange Binance reported $78 million in profits in Q1 2019, up 66% compared to the previous quarter, cryptocurrency news outlet The Block reports on April 16.The claims have been extrapolated by The Block from Binance’s seventh quarterly binance coin (BNB) burn data. Per the report, the 830,000 BNB burned represent 20% of the…