Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined

A flaw in an upgrade to the ICON blockchain in 2020 allowed a user to repeatedly mint millions of ICX tokens. 230 Total views 132 Total shares A cryptocurrency enthusiast who exploited a bug in the ICON network to mint a large amount of its native ICX token can pursue entitlement claims according to a…

Maybe it’s time to start talking about boring Bitcoin. The dollar price has moved barely half a percentage point over the last week, remaining around the $9,200 mark. Bitcoin’s holders, though, don’t expect the coin to remain a boring store of value forever. A survey by Bitcoin IRA found that 42 percent of the crypto…

At 28%, this weekend's BTC price action was decidedly average compared to the cryptocurrency's run-up to 2017 all-time highs. 1071 Total views 6 Total shares Bitcoin (BTC) may have dipped 28% in recent days but analysts have already put the scale of the losses firmly in context. As noted on Jan.12 by Nathaniel Whittemore, host of…

Bitcoin (BTC) price continues to trade in a predictable range which has given traders confidence in trading altcoins and DeFi tokens. This translated to a 110% rally in the price of Alpha Finance Lab (ALPHA) over the past four days. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $0.30 on…

Hop plans to roll out support for additional crypto assets and layer-two networks in the coming weeks. 412 Total views 4 Total shares Hop Protocol, a team working on interoperability within Ethereum’s layer-two ecosystem, has launched its Hop bridge for the first time. A July 12 blog post notes the bridge has been launched with limited…

Greece’s Council of State ruled for the extradition to France of former operator of now-shuttered crypto exchange BTC-e and Russian national Alexander Vinnik.English-language local news outlet Greek Reporter reported on the court’s decision on Jan. 23. Yesterday, Russian news agency TASS reported that Russian Foreign Minister Sergey Lavrov protested:“The decision to extradite him to France…

If there’s one thing that has no need of preservation on a blockchain, it’s the burbling thunder of William Shatner’s self-deprecating chuckle. You grew up with it — if you’ve ever owned a television it’s part of your cultural heritage. No matter how many years may go by between starring roles, it’s as familiar and comfortable…

Programmable money (PM) is in the air. It may be the next stage in the evolution of money. And it could be as disruptive as any financial technology in development today.Yes, China is close to launching the first central bank digital currency (CBDC) at scale — perhaps within the next 12 months — but if…