Risc Zero aims to bring blockchain security to ‘any’ off-chain app
Next-gen zero-knowledge proofs are “orders of magnitude” cheaper than existing options, Risc said.
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Tim Draper Stands by His Bitcoin Price Prediction of $250K in 2022
Venture capital investor Tim Draper reaffirmed his prediction that the Bitcoin (BTC) price will reach $250,000 by 2022, during a panel discussion at the Web Summit summit conference Nov. 6Draper initially predicted that the BTC price will surge up to $250,000 in April of this year. “Believe it, it’s going to happen – they’re going…

Report: $1.2M Earned Through Bitcoin ‘Sextortion,’ Bomb Threat Scams
Cybercriminals earned $1.2 million in Bitcoin (BTC) through “sextortion” and bomb threat scams in the last 12 months, cybersecurity company Symantec reports on July 30.In sextortion scams, the scammers send victims emails that include an old password in the subject line, claiming the device is compromised. The message further states that the scammer is in…

Bank of Canada sees no strong case for a digital dollar — for now
Amid the global CBDC race, the Canadian central bank does not currently see a strong case for issuing a state digital currency. 3821 Total views 7 Total shares The Bank of Canada does not see a strong reason for issuing a central bank digital currency, or CBDC at the moment.Timothy Lane, the Bank of Canada’s…

New Bill Would Put Facebook’s Libra Stablecoin Under US Securities Law
American lawmakers have reportedly introduced a bill aiming to put Facebook’s Libra under the jurisdiction of the Securities and Exchange Commission (SEC). Two Texas representatives, Sylvia Garcia and Lance Gooden, have proposed legislation that would put even more regulatory scrutiny on Facebook’s not-yet-launched Libra stablecoin and related projects, CNBC reports Nov. 21.The bipartisan team of…

For Some Reason, Wash Trading Happens on Decentralized Exchanges Too
Decentralized exchanges are generally liked for their transparency and lack of custody, reducing the trust requirements in their operators.Many centralized exchanges have been caught in a peculiar type of manipulation used to inflate their trading volumes. This was first highlighted by the Bitwise Report released in March 2019, which analyzed trading patterns on some of…

Bitcoin hits a new high of $51.3K as analyst declares ‘historic’ parabolic advance
It's all systems go for Bitcoin as bulls look to cement $50,000 as support and create the "new normal" for BTC/USD. 1491 Total views 8 Total shares Bitcoin (BTC) hit new lifetime highs of more than $51,200 on Feb. 17 as it tackled what trader Peter Brandt confirms is a “parabolic advance.”BTC/USD 1-hour candle chart…

Former Diablo Immortal devs pick ImmutableX for upcoming Web3 MMORPG
Metaverse Game Studios announces partnership with blockchain gaming platform ImmutableX to power upcoming Web3 gaming title Angelic. 818 Total views 3 Total shares Own this piece of crypto history Collect this article as NFTDevelopers behind popular video games such as Far Cry and Diablo Immortal are making use of blockchain technology to build a new…

Technology itself is deflationary, Diginex CEO says
Over the years, technology has improved by leaps and bounds, therefore making life more cost-effective and efficient. Such technological improvements, however, may not save citizens money as intended, due to inflationary efforts, according to Diginex CEO Richard Byworth."Technology is just so deflationary on many of our goods and services," Byworth told Cointelegraph in an interview. Diginex…