Ondo’s USDY yield coin expands to Arbitrum
Tokenized treasury products are gaining widespread adoption on blockchain networks.
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Blockstack’s Proof of Transfer Would Have Miners Pay BTC to Mint Stacks
Blockstack unveiled a novel consensus mechanism for piggyback blockchains called Proof of Transfer (PoX) on Feb. 6. Instead of relying on its own proof of work, miners under PoX commit Bitcoin (BTC), which circulates in the ecosystem.The system will be used in Blockstack’s proposed Stacks 2.0 blockchain, which is set for release later in 2020.…
Bitcoin charges toward $64K as Tesla ATH boosts Elon Musk to $250B net worth
Tesla stock nears $1,000 for the first time as a resurgent Bitcoin completes its lower support retest and aims for $64,000. 947 Total views 8 Total shares Bitcoin (BTC) price hurtled towards $64,000 in a fresh round of bullishness on Oct. 25 as the market left a weak weekend behind.BTC/USD 1-hour candle chart (Bitstamp). Source:…
A bizarre cult is growing around AI-created memecoin ‘religions’: AI Eye
The Department of Divine Shitposting helps seed a new mind virus around AI-created religions, and academics claim AI is in a bubble.
Institute of Decentralized Economics Launches in UK to Study Blockchain Economic Systems
The Institute of Decentralized Economics (IDE) has opened in London, the United Kingdom on Feb. 14, according to a press release shared with Cointelegraph.The think tank, which is dedicated to the study of blockchain-based economic systems and their impact on existing institutions, is backed by fintech company Sweetbridge. It is purportedly designed to investigate the…
Crypto sees 5th week of outflows on ‘poor’ BTC sentiment: Coinshares
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Suspicions Grow During BitBay’s 18-Hour Outage
Estonia-based cryptocurrency BitBay has been offline for 18 hours now, citing problems caused by a third-party service provider.On March 26, BitBay tweeted that it was struggling with a “network problem” resulting from their “external service provider.” The exchange stated that it had contacted the provider and was working on resolving the problem.Founded in Poland in…
NFT markets are out of balance, with sellers dominating: Data
Recent data has revealed that throughout April, the nonfungible token market has consistently seen more sellers than buyers, without a single exception.According to data from the analytics platform NFTGo, there were only 7,907 buyers on April 26, while there were 8,641 attempting to sell their NFTs.Days before, on April 19, the NFT market hit its second lowest…