Up to 99% of Mt. Gox’s $8.2B Bitcoin could be sold: Analyst

A temporary website outage of the project's main site, among other factors, led to the error. 629 Total views 90 Total shares In a period of market downturns, rumors of crypto bans and decentralized finance, or DeFi scams, blockchain enthusiasts can be sensitive to the smallest abnormalities within projects they follow and sometimes erroneously fear…

Thursday’s market meltdown left MakerDAO (MKR) with a $5 million hole that the project is now scrambling to fill. As this is just the latest in a series of hard blows to decentralized finance (DeFi) projects, some are wondering if the ecosystem can defend itself from collapse.Cointelegraph contacted a variety of industry experts and DeFi…

Bitcoin (BTC) skeptic Peter Schiff has admitted that holding the cryptocurrency is profitable — but claims it will “never” compete with fiat currency.In a tweet on Feb. 18, Schiff, well known as a fierce Bitcoin critic and longtime gold bug, “conceded” that the cryptocurrency in the past ten years had been a successful investment.Schiff: BTC…

Unibot (UNIBOT) token was among the top crypto gainers in July as its price rallied by 400% in a month to reach an all-time high of $199.90 on July 28. The project defied the market’s negative trend as both Bitcoin (BTC) and Ethereum (ETH) dropped by nearly 4%.However, by August 3, 2023, the token's price…

The personal computers of employees at hacked Japanese crypto exchange Coincheck have allegedly been found to have been infected by a virus associated with a hacker group of Russian origin. The allegation was reported by Cointelegraph Japan on June 16.As Cointelegraph has reported, in January 2018, Coincheck suffered an industry record-breaking hack when $534 million…

Some members of the NFT project are attempting to continue the development of the game, while efforts are underway to apprehend the alleged culprit. 1197 Total views 18 Total shares Investors in Evolved Apes, a recently launched PFP — short for profile picture — nonfungible token (NFT) projec, are grappling with the disappearance of the…

Last month’s proposal from Sam Bankman-Fried, CEO of crypto exchange FTX, for regulators to establish a litany of standards for the cryptocurrency industry poses an existential threat to decentralized finance (DeFi) platforms and entrepreneurial spirit. As one of a select few with the capital and clout to move the needle in the discussion surrounding crypto…

The official will testify before the Senate Committee on Banking on Sept. 15; in a transcript released early, he reiterates the primacy of securities law in crypto regulation. 292 Total views 16 Total shares United States Securities and Exchange Commission chairman Gary Gensler is scheduled to testify before the U.S. Senate Committee on Banking, Housing,…

Dalio’s views on cryptocurrencies have evolved throughout his tenure at Bridgewater Associates. 432 Total views 30 Total shares After 47 years in charge of the world’s largest hedge fund, Bridgewater Associates, its founder Ray Dalio has finished a leadership transition that began in February. He is no longer one of three co-chief investment officers but…