‘Wealthiest US prisoner’: How did Binance founder CZ get there?

A Feb. 3 paper authored by Nikolai Durov, a Telegram co-founder, lays out the details of Telegram Open Network’s consensus mechanism, named Catchain. The proposed solution is a Byzantine Fault Tolerant (BFT) Proof of Stake (PoS) algorithm, similar to that used by NEO or Cosmos.BFT algorithms are attempted solutions to solve the Byzantine Generals problem,…

Sunday, July 29: crypto markets have seen diverging trends over a 24 hour period, with nine out of the ten top cryptocurrencies by market cap slightly in the green, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) is slightly up by less than one percent over the past 24 hours and is trading at…

Many Ukraine-based businesses have had to shutter or suspend operations following the outbreak of the conflict with Russia on Feb. 24, but some in the cryptocurrency space have been able to keep running, albeit with many staff in bomb shelters, scattered across the world and facing an uncertain future. Speaking to Cointelegraph, Arsenii Hurtavtsov, a Ukrainian…

Singapore-based digital innovation center Lumenlab is testing a blockchain-enabled insurance solution for diabetes sufferers, according to a press release published August 20. Lumenlab is a subsidiary of financial services provider MetLife and has reportedly developed the new project within the Monetary Authority of Singapore’s (MAS) regulatory sandbox. The pilot, dubbed Vitana, is a parametric, automated…

In a letter to Investors, CEO Dan Morehead examined the YTD performance of Bitcoin prior to the May 12 rewards halving. 2540 Total views 100 Total shares Pantera Capital Founder and CEO Dan Morehead has predicted there is more than a 50-50 chance Bitcoin goes up “and goes up big”, with a predicted peak of…

Had it been Coinbase or Nexo, he agreed with speculation that law enforcement would have been knocking on the door the next day. Nexo co-founder Antoni Trenchev told Cointelegraph that he believes the information revealed during the recent FinCen leak vindicates the crypto industry. According to the leak, the world’s leading financial institutions cleared over…

The price of Bitcoin (BTC) is still struggling to break out above $10,000 following three failed attempts over a 36-day period. Traders remain mixed on the short-term price trend of BTC as macro indicators suggest varying trends.Many traders believe the price of Bitcoin is primed for a rally above the multiyear resistance level of $10,500,…

It is expected that the total figure of tokens could rise to north of $85 million. 1136 Total views 2 Total shares Decentralized finance (DeFi) interest rate protocol Compound Finance has reported a token distribution bug within its newly implemented Proposal 062, which is over-rewarding suppliers into the tens of millions of dollars. The upgrade was…