Tech giant’s failed AI energy deals could pull power from Bitcoin

Anton Bukov, the co-founder of 1inch Network, explains how Ethereum can overcome its scalability issue and why it could soon become more valuable than BTC. 168 Total views 15 Total shares Anton Bukov, the co-founder of 1inch Network, thinks that Ethereum will likely become the main settlement layer for a multi-chain decentralized finance (DeFi) ecosystem. “There…

“Ethereum’s ascent to the top of the cryptoverse seems unstoppable,” declared Nigel Green in mid-August, and it’s not hard to see why the deVere CEO thinks this. DeFi is on a tear, NFTs are mushrooming, Ethereum (ETH) remains more scalable than Bitcoin (BTC) and it also offers more uses including smart contracts. Moreover, Ethereum will…

The malware targets popular crypto wallets frm the likes of MetaMask, Coinbase, and Binance, on macOS operating systems. 

Fresh off the launch of its $25 million venture fund, OP Crypto Capital Management Ltd. seeks to play a more active role in the lifecycle of blockchain startups ranging from gaming to Web 3.0. Former Huobi executive turned founder David Gan spoke with Cointelegraph about the transition from his former company, the growth potential of…

A network of malicious QR code generators has stolen more than $40,000 from Bitcoin (BTC) users in one month.At least nine fake Bitcoin-to-QR code generators have been spotted in recent weeks, with security researcher, Harry Denley, first tweeting that he had identified two domains hosting fake QR code applications on March 22.Denley later identified seven…

Singer Akon tweeted yesterday, “Just finalized the agreement for AKON CITY in Senegal. Looking forward to hosting you there in the future.”The futuristic city Last year, Cointelegraph reported early plans for the futuristic city. The project portends a “100% crypto-based city with Akoin at the center of transactional life.” The metropolis would become Senegal’s first Leadership in…

Michael Novogratz’s cryptocurrency investment bank Galaxy Digital has gained approval from the Financial Industry Regulatory Authority (FINRA) to underwrite registered public offerings of securities.As reported by Bloomberg on Sept. 6, the company has its sights on facilitating security token offerings, or STOs.FINRA is a non-governmental private organization that acts as a self-regulatory body for member…

Blockchain protocol EOS found itself at the center of fresh controversy Nov. 9 after evidence emerged on social media appearing to show a moderator reversing transactions which had already been confirmed.According to Reddit user u/auti9003, a dispute allegedly involving a phished EOS account was referred to one of the platform’s so-called “arbitrators” who decided to…

Cryptocurrency analytics firm Coin Metrics has closed a Series A funding round worth $6 million.In a blog post on March 26, Coin Metrics said the round was led by Highland Capital Partners and the $6 million investment would be used to grow the firm’s team, expand their product offerings and “provide enhanced coverage of digital…