OKEx Confirms $9 Million Clawback After ‘Enormous’ Bitcoin Future Fails
After a user made an “enormous” gamble on bitcoin futures, and lost, OKEx said it is having to claw back millions from other traders.
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Tether Stablecoin to Launch on Algorand Blockchain
news The popular and sometimes controversial stablecoin tether (USDT) is to launch on a fifth blockchain. Announced by the (mostly) U.S. dollar-backed token’s issuer on its website, the news means traders will have a USD stablecoin option on omni, ethereum, tron, EOS and, soon, algorand. “Extending Tether into the Algorand ecosystem is a fantastic opportunity for…
What Is a Central Bank Digital Currency? A Brief Guide to CBDCs
With cryptocurrencies exposing the inefficiencies of traditional payment systems, central banks have started exploring the concept of central bank-issued digital currencies.Read on as we discuss how CBDCs differ from cryptocurrencies, their opportunities and risks, and the controversy behind them.This is partner content sourced from Laura Shin’s Unchained and published by CoinDesk.A central bank digital currency
Eventually, We Are All Ethereum
Ethereum is eating all the blockchains. That’s fine.If history is a prologue, then Ethereum is going to eat the entire blockchain sector and everything that is not Ethereum will eventually become an Ethereum Layer 2. I believe the recent decision by CELO stakeholders to shift into operating as an Ethereum Layer 2 is just the
Mt. Gox to Begin Bitcoin, Bitcoin Cash Repayments in July
Defunct bitcoin exchange Mt. Gox said it will start distributing assets stolen from clients in a 2014 hack in July 2024, after years of postponed deadlines.The repayments will be made in bitcoin and bitcoin cash, and could possibly add selling pressure to both markets.Defunct bitcoin exchange Mt. Gox said Monday it will start to distribute
Where Have All the Augur Users Gone?
Following an impressive launch, Augur's user base has been slipping. Could thin liquidity be the culprit?
IBM Says Blockchain Can Power ‘Open Scientific Research’ in New Patent Filing
NEWS Nov 12, 2018 at 05:00 UTC A patent application published Thursday claims the process of conducting scientific research can benefit from the blockchain. Led by a team at IBM's Watson Research Center, the patent application presents a vision for dynamic collaboration – one where researchers can track their work across institutional borders. It's another non-financial…
The Cryptocurrency Act of 2020 Is ‘Dead on Arrival,’ Washington DC Tells Sponsors
Mar 10, 2020 at 18:32 UTCErik Finman speaking at a reception after the "Cryptocurrency Act of 2020" was introduced.The Cryptocurrency Act of 2020 Is ‘Dead on Arrival,’ Washington DC Tells SponsorsAn omnibus bill aimed at comprehensive reform of US cryptocurrency regulation was introduced yesterday by Representative Paul Gosar (R-AZ). It is thought to have little…
The G20’s Crypto Hand-Wringing Is Not Significant
This weekend kicked off the G20 summit in India, which will apparently deliver a group agreement on the need for stricter global regulation on crypto assets, according to a report Sept. 6 in The Hindu.Noelle Acheson is the former head of research at CoinDesk and Genesis Trading. This article is excerpted from her Crypto Is