Why is Litecoin price up today?

While mainstream coverage of cryptocurrency has been overwhelmingly negative in the wake of the collapse of the Terra ecosystem, the bankruptcy of Celsius and the fall of Three Arrows Capital, these events ultimately show why more of the financial system should operate on-chain, bringing more transparency and information to market participants.In all three cases, the…

Jameson Lopp explains why attacks on Bitcoin won’t work and that he expects China’s mining dominance won’t last. China accounts for more than half of the world’s Bitcoin mining capacity but Jameson Lopp, the co-founder and CTO of Casa, has hosed down fears that Chinese miners are a threat to Bitcoin in a blog post…

Publicly traded software firm Splunk is using Ethereum sidechain xDai Chain to power the payments at its Las Vegas SplunkConf 2019.Payments at the conferencePer a report shared with Cointelegraph on Oct. 24, conference participants have the opportunity to use a dedicated, modified version of xDai’s Burnerwallet dubbed PonyPurse. Splunk’s Head of Blockchain and DLT Nate…

What is a crypto honeypot and why is it used?Smart contracts programs across a decentralized network of nodes can be executed on modern blockchains like Ethereum. Smart contracts are becoming more popular and valuable, making them a more appealing target for attackers. Several smart contracts have been targeted by hackers in recent years. However, a…

Bitcoin (BTC) kept traders guessing with rangebound action on June 30 after a push beyond $37,000 resistance ended in rejection.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWyckoff stresses $32,300 supportData from Cointelegraph Markets Pro and TradingView showed a day of reversal for BTC/USD on Wednesday, the pair down 4.5% hitting $34,500.After accelerating upwards the day before, Bitcoin…

Cryptocurrency accounting company, Lukka, has announced the launch of the Lukka Library — an interactive collection of academic papers addressing legal, accounting, and tax questions pertaining to crypto assets.On March 26, Cointelegraph spoke to Lukka co-CEO, Robert Materazzi, and Lukka Library creator and head of tax and regulatory affairs, Roger Brown.“People weren’t interested in paying…

Data published on April 10 by blockchain forensics firm Chainalysis indicates that the average value of transactions received by the wallets of known scams fell 30% during March.Amid fraudsters’ attempts at leveraging COVID-19 fears to dupe victims into downloading malicious apps, donating to impersonations of charities, or purporting to peddle coronavirus cures, the coronavirus pandemic…

The SEC’s delays on two spot Bitcoin ETFs could mean it’s lining up to approve all pending applications in one swoop, say analysts. 327 Total views 1 Total shares Bitcoin (BTC) spot exchange-traded funds (ETFs) in the United States now have a “clear runway” to potential simultaneous approvals after an advanced decision to delay the