Wrapped Bitcoin supplied on Aave hits record high despite backing fears
WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama.
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FORCE token sees volatile 24 hours following coordinated attack on ForceDAO
The DeFi platform was the victim of an attack shortly after launch, with 183 ETH compromised. After an initial selloff, FORCE tokens are in recovery mode Monday. 874 Total views 11 Total shares Hackers made off with 183 Ethereum (ETH), worth roughly $386,000 at the time of writing, following a coordinated attack on DeFi platform…
Bitcoin price can’t find its footing, but BTC fundamentals inspire confidence in traders
Bitcoin’s (BTC) sudden crash on Jan. 10 caused the price to trade below $40,000 for the first time in 110 days and this was a wake-up call to leveraged traders. $1.9 billion worth of long (buy) futures contracts were liquidated that week, causing the morale among traders to plunge.The crypto "Fear & Greed" index, which…
NFT visionaries are doubling down on community ethos amid a bearish cycle
The fever-pitch euphoria of nonfungible tokens (NFT) reached its proverbial all-time highs in the hours preceding the calamitous gas wars of the Otherside metaverse land sale. But by most reputable accounts, following almost a year of frantic exponential growth, rife speculation and cultural spotlighting, the market was long overdue a respite. A hiatus from minting drama. It…
Third non-EU country, Ukraine, joins the European Blockchain Partnership
With the ultimate goal of integrating its digital economic space with the EU, Ukraine plans to expand its interstate blockchain network partnership with other countries. 49 Total views 1 Total shares After Norway and Liechtenstein, Ukraine became the third country outside the European Union (EU) to join the European Blockchain Partnership (EBP), an initiative derived…
40% of Investors Say Blockchain Could Be ‘Most Transformative’ Tech Since Internet: Survey
40 percent of institutional investors believe blockchain may be the most important innovation since the internet, according to a survey by trade association the Global Blockchain Business Council (GBBC), shared with Cointelegraph Jan. 24.The opinions of 71 investors, which the GBBC quizzed about blockchain this month and last, were revealed at the ongoing World Economic…
Industry experts reveal a possible method for Bank of Russia to block crypto
Bank of Russia’s crypto restrictions through MCC would unlikely affect exchanges that have been operating illegally so far. 1249 Total views 26 Total shares Amid the ongoing uncertainty about the future of cryptocurrencies in Russia, one local industry executive has disclosed a potential method for the Bank of Russia to block crypto transactions.Andrey Mikhaylishin, CEO…
Crypto Wallet Says It Offers 1,000 EOS Accounts for Free
A crypto wallet provider says it has launched a giveaway that allows 1,000 users to get a free EOS account.Lumi Wallet notes the giveaway is taking place on a first-come, first-served basis. Instead of answering quiz questions, preparing a submission or entering into a lottery system, all that participants need to do is sign up…
DoJ, Chainalysis work to break up ransomware network that targets hospitals
The Department of Justice has seized half a million dollars in crypto from NetWalker, in an operation that also involved Bulgarian authorities. 1430 Total views 11 Total shares United States authorities have hit a major malware operator, with help from leading blockchain analytics firm Chainalysis.On Wednesday, the Department of Justice announced the seizure of $454,530.19 in…