Tron network deposits drop to 6-month low as TRX price rallies — Trouble in paradise?

When the price of an asset hits a new all-time high, momentum traders plow in as they sense an opportunity to ride the trade higher. The same was seen after Bitcoin (BTC) price broke above the $20,000 mark on Dec. 16. By Dec. 19, the price had hit an intraday high at $24,197.46, a 21%…

Mina applies zk-SNARKs to Cardano's Ouroboros consensus to achieve scalability and decentralization. Mina aspires to be the world’s tiniest blockchain, with claims that its protocol maintains a constant size of around 22 KBs. This is ostensibly achieved by using recursive zk-SNARKs — the same technology that is used by the privacy-centric cryptocurrency, Zcash (ZEC). However, whereas the latter…

The 2020 pandemic could accelerate global efforts to issue CBDCs, say BIS analysts. A new report from the Bank for International Settlements (BIS) shows that 2020 is the year that momentum behind central bank digital currencies (CBDCs) has truly taken off.Published on Aug. 24, BIS’ new working paper analyzes the global state of CBDC research…

Bitcoin (BTC) inched closer to $22,000 on Aug. 25 as realized price provided the next major hurdle for bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRealized price inspires confidenceData from Cointelegraph Markets Pro and TradingView showed BTC/USD grinding higher overnight to come face to face with $21,700.That level, coinciding with realized price, had marked the key…

The federal judge overseeing Terpin v. AT&T — a legal battle pertaining to stolen crypto via SIM-swapping that has been going on for almost a year — has denied the telecom giant’s motion for dismissal.As previously reported by Cointelegraph, investor Michael Terpin had sued AT&T for $224 million. Terpin reportedly lost $24 million as a…

A phishing link was included in the tweet and shared with the affected users of the hack, leading them to believe it was associated with the Fantom Foundation. 350 Total views 1 Total shares Hackers continue their relentless attacks, displaying no signs of slowing down. Shortly after the Multichain hack, scammers started spreading a phishing…

A longshot effort from the community hopes to solicit an official White House response 6840 Total views 24 Total shares As token prices plunge and Ripple prepares for court, a band of XRP enthusiasts have rallied around a petition that may force a White House statement on the recent SEC lawsuit alleging Ripple conducted an…

The central bank of Ukraine sees crypto as a threat to macro-financial stability and a promising opportunity for better payments at the same time. 558 Total views 17 Total shares Own this piece of history Collect this article as an NFTThe National Bank of Ukraine (NBU) has expressed a mixed stance on cryptocurrencies like Bitcoin…

U.S. regulator's growing distrust in tech companies is not stopping them from extending their services into the crypto industry. 794 Total views 20 Total shares As technology titans in the United States capture a larger part of their industries and beyond, regulators and governments have become increasingly concerned about their extensive power and influence. Indeed, Facebook,…