Proof-of-restaking and extended consensus — Interview with Units Network
Emerging from past challenges, this initiative emphasizes decentralized governance and advanced consensus mechanisms to foster innovation.
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What’s holding crypto social networks back from greatness?
Another rainy Sunday night. You’re browsing on Facebook and Twitter — inundated with photos of your friend’s new baby, jokes that have been copied from poor hard-working comedians, and memes that certainly were funny… when you first saw them four years ago.Undeterred, you keep scrolling. There’s a tweet that proclaims a hot new cryptocurrency is…

Brad Garlinghouse says NFTs ‘underhyped,’ sees new use cases | Cointelegraph interview
The Ripple CEO reflected on crypto's presence at the World Economic Forum and the emerging use cases for digital assets. 305 Total views 5 Total shares Ripple (XRP) has announced a $100 million investment in the carbon trading segment, CEO Brad Garlinghouse told Cointelegraph’s Joseph Hall in an interview on the sidelines of the World…

Billionaire Henry Kravis Invests in Former Employee’s Crypto Fund
Billionaire Henry Kravis has started investing in the cryptocurrency space, according to a report by Bloomberg on June 28Ben Forman, a former employee of Kravi’s KKR & Co, said that Kravis has invested in the flagship fund for his blockchain-focused investment firm ParaFi Capital of San Francisco.Discussing his decision to leave KKR to found ParaFi…

Tax Compliance Firm TaxBit Raises $5M to Improve Crypto Tax Reporting
TaxBit, a crypto-oriented tax compliance firm, has raised $5 million in a seed round that saw participation from the Winklevoss twins’ family office, Winklevoss Capital.In a Jan. 6 announcement, TaxBit said that it plans to use the raised funds to enhance its software products on an international scale as its tax reporting tool has amassed…

Lido DAO most ‘overbought’ since April as LDO price rallies 150% in two weeks — what’s next?
The price of Lido DAO (LDO) dropped heavily a day after its key momentum oscillator crossed into "overbought" territory.LDO undergoes overbought correctionLDO's price plunged to as low as $1.04 on July 16 from $1.32 on July 15, amounting to a 20%-plus decline. The token's sharp downside move took its cues from multiple bearish technical indicators,…

Philippine SEC Warns of International Ponzi Offering 300% Daily Returns
The Philippines Securities and Exchange Commission (SEC) warned of a crypto Ponzi scheme targeting Filipino, Australian, and European investors on March 30.The scheme, Bitcoin Revolution, comprises a classic Ponzi in which investors are offered exorbitant compounding daily returns on deposited funds.Bitcoin Revolution claims to have software that produces trades with a success rate of between…

Crypto-Friendly Presidential Candidate Andrew Yang Considering a Mayoral Run?
“See you back in New York,” Andrew Yang said as he ended his campaign for US president. Cryptocurrency holders saw an ally in 2020 presidential hopeful Andrew Yang, so the news that he was suspending his campaign on Feb. 11 came as a major disappointment. As one of the outspoken candidates on blockchain and crypto, Yang…

Kraken announces Lightning Network integrations for 2021
Kraken will integrate the Lightning Network to support instant Bitcoin transfers and reduced withdrawal fees. 1439 Total views 9 Total shares Major U.S.-based cryptocurrency exchange Kraken has announced on Wednesday that it will integrate the Bitcoin (BTC) Lightning Network in 2021. Kraken emphasized that the integration will drive significant improvements in speed and fees, claiming Lightning…