Polygon’s Discord channel hacked, team works to regain control
As the value and popularity of digital assets continue to rise, cybercriminals are incentivized to exploit any vulnerabilities they can find.
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New Indian Governmental Committee Favors Legalizing Cryptocurrencies, Media Reports
A governmental committee in India has reportedly suggested that cryptocurrencies be legalized in the country, English-language local media TheNewIndianExpress (TNIE) reported on Dec. 26.According to the article, an unnamed senior official who reportedly attended the panel’s meetings on cryptocurrencies stated:“There is a general consensus that cryptocurrency cannot be dismissed as completely illegal. It needs to…
CZ predicts ‘existential implications’ for anti-crypto traditional finance
While the reluctance of traditional players is a deterrent to crypto’s adoption in the short term, CZ argues that the decision might backfire over the next two decades. 555 Total views 7 Total shares Own this piece of history Collect this article as an NFTAs traditional institutions proactively reduce exposure to cryptocurrencies as a reaction…
How AI analysis can change finance and crypto trading
As artificial intelligence (AI) and its various subsets — such as machine learning (ML) — become more complex and developed, their presence within the financial realm has increased drastically. According to a 2022 report by Nvidia, over 75% of companies operating in the financial sector apply machine or deep learning to optimize their internal operations.Moreover, the
Grayscale rebalances DeFi Fund dropping Balancer (BAL) and UMA
Major digital asset manager Grayscale has rebalanced the DeFi Fund for the second time since its inception in July 2021. 1198 Total views 16 Total shares Crypto asset manager Grayscale Investments has rebalanced its Grayscale DeFi Fund and adjusted weightings of its Digital Large Cap Fund.A Jan. 3 announcement detailed the changes Grayscale made to…
Did CBDCs affect the crypto space in 2020, and what’s next in 2021? Experts answer
It is hard to imagine that just two years ago, the general discourse around central bank digital currencies, or CBDCs, was mainly focused on the potential and possibility of issuing them. Even in 2019, the question was about whether we need state-owned cryptocurrencies, with only 70% of central banks worldwide studying the potential of issuing…
Bitfury Partners With Russian Economics University to Establish Blockchain Accelerator
Multisectoral blockchain company Bitfury has partnered with the Plekhanov Russian University of Economics to create an accelerator for blockchain projects, Russian crypto news outlet Forklog reports Nov. 21.In addition to supporting the development of blockchain projects, the university will provide courses and additional education dedicated to “training specialists who are able to create innovative projects…
In defense of crypto: Why digital currencies deserve a better reputation
Ever since its inception and throughout its turbulent journey toward mainstream acceptance, crypto has elicited both enthusiasm and trepidation in equal measure. After the unfair battering it has received over the years, the time has come to defend digital currencies.Unfortunately for crypto, first impressions count. Bitcoin (BTC) initially gained a tawdry reputation in its early…
New York Bitcoin mining moratorium bill garners more support
The bill to suspend crypto mining for 3 years is gaining steam in New York State, while the state’s environmental agency determines how much mining impacts the environment. 1040 Total views 4 Total shares A New York State proposal to suspend fossil fuel-powered proof-of-work mining for three years across the state has gained support from…