Super PAC focuses on unseating Sen. Warren, spends $850K on John Deaton
The Commonwealth Unity Fund has disseminated more than $1 million in Massachusetts to support Republican John Deaton’s bid for the US Senate.
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27,000 requests last year: Collaboration key for Binance’s Investigations team
Historical crime has left a proverbial black mark on the cryptocurrency ecosystem with multi-million dollar hacks, scams and fraud cases grabbing headlines around the world.Various research reports have highlighted the use of cryptocurrencies for illicit means, with varying degrees of severity since Bitcoin’s inception in 2009. This has ebbed and flowed but crypto is still…
Chia network not so green? CPU mining reportedly destroys SSD in weeks
If you want to save the world, it's going to take a lot of hard drives. 2456 Total views 15 Total shares Chia Network (CHIA), which emerged onto the cryptocurrency scene with the promise of cleaning up the environmental mess left by Bitcoin (BTC) miners, may not be as green as it seems. Unlike Bitcoin,…
European Financial Institutions to Launch Blockchain Investment Platform
Major European financial institutions are jointly launching a blockchain-based platform for the investment fund industry.The system was initially incubated by the Luxembourg Stock Exchange and its affiliate Fundsquare, which, alongside Clearstream, Credit Suisse Asset Management and Natixis Investment Managers, have announced a Series A investment round for “FundsDLT.”FundsDLT for cost reductionAccording to a March 17…
How AI can make the metaverse a more interactive space
The potential behind the metaverse is becoming greater as virtual and physical worlds converge. Market intelligence firm Contrive Datum Insights recently found that the global metaverse market is estimated to surpass $1.3 trillion by 2030. According to the study, this growth will be driven by newly adopted virtual economy trends, combined with the rise of…
Bitcoin trading dominance hits 2017-levels not seen since $20,000 BTC
The cryptocurrency market has suddenly shifted back to Bitcoin (BTC) after several months of a decentralized finance (DeFi) frenzy. While market cap dominance remains below 60%, earlier this month, the trading dominance of BTC has spiked to levels not seen since 2017 when the price hit an all-time high at $20,000.The trading dominance of Bitcoin…
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…
Multiple DeFi projects unveil, plan new user interface upgrades
Many of the most popular decentralized finance protocols are getting a front-end makeover, but will the new looks and sleeker interfaces bring widespread adoption? Critics have long held that the barrier to entry for DeFi is significant, both for the amount of knowledge required to participate as well as for oftentimes clunky interfaces. However, a spate…
Another inside job at Shapeshift cost the company nearly $1 million
Following the theft and repayment of $900,000 in Bitcoin (BTC), Shapeshift is now pursuing damages in court against its former senior software engineer, Azamat Mukhiddinov. "There was significant time lost and legal costs associated with the clean-up," Shapeshift's chief legal officer, Veronica McGregor, told Cointelegraph, noting that customer funds were safe throughout the ordeal. "ShapeShift is non-custodial,…