Synthetix betting on new ‘multi-collateral’ perps ahead of Arbitrum rollout
Synthetix faces fierce competition on the DeFi-oriented layer 2.
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Chinese BTC miners equivalent to Quebec’s output on the move: Slush Pool
According to Edward Evenson, a Bitcoin miner from Slush Pool, Chinese BTC miners are on the move. 4230 Total views 4 Total shares Edward Evenson, head of business development at Slush Pool owner Braiins, reports that a large number of Chinese BTC mining machines equivalent to Quebec’s entire output are currently en route to North…

Congress Proposal to Give Everyone $2000/mo ‘Strengthens Case for Bitcoin’
Democrat congresswoman Maxine Waters has proposed giving $2000 a month to every adult, and $1000 a month to every child in America, to help see them through the COVID-19 financial crisis.Waters — the Chair of the U.S. House Financial Services Committee — made a series of other extraordinary legislative proposals to help the economy in…

What are NFT DApps, and how to create and launch one?
The synergy between NFTs and DApps creates a dynamic ecosystem where digital ownership, decentralized finance and programmable assets converge, offering innovative solutions across various industries.Intersection of NFTs and DAppsDecentralized applications (DApps) and nonfungible tokens (NFTs) are two important components of the blockchain and cryptocurrency ecosystems. Despite their disparate functions, there are several instances in which

Bitcoin ETFs hit by record $671.9M outflows in 1 day
Bitcoin ETFs saw a record $671.9M outflows on Dec. 19, coinciding with Bitcoin’s price dip and marketwide liquidations.

Spot Ether ETFs get NYSE Arca clearance, await SEC’s final authorization
The funds still await the SEC's approval of S-1 forms. Their launch in the United States is expected to take place on July 23.

Co-inventor of Blockchain on Why He Is Not Satoshi Nakamoto
Blockchain co-inventor, Scott Stornetta talks about the origins of the name “Satoshi Nakamoto” and why he isn’t him.The original Bitcoin (BTC) whitepaper references eight works. One of them is a general book on probability, the rest are foundational to the cryptocurrency space. Three of those works were co-authored by Stornetta. In a 1991 paper, “How…

Bitcoin reserve won’t solve US debt crisis: Think tank co-founder
Avik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what Bitcoin can do.

DForce Hacker Returns Stolen Money as Criticism of the Project Continues
The hacker who stole $25 million in crypto on April 19 from decentralized finance, or DeFi, protocol, dForce, has since returned the money. Most signs indicate that this was due to the hacker accidentally leaking data which could have led to their identity being discovered. dForce has not issued any clarifying statements, despite mounting criticism…