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Total Value Locked in Defi Surpasses $4 Billion, ETH Up Over 70% Last 30-Days
3.8.2020
Statistics show that the decentralized finance (defi) economy has grown massively this year as the total value locked (TVL) in defi recently surpassed $4 billion. Between dex platforms, derivatives, stablecoins, lending, and non-fungible asset creation the second quarter of 2020 has propelled...
Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report
3.8.2020
People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new security report by Microsoft. In its findings published July 29, Microsoft notes that although the number of similar attacks declined by 35% in 2019 from a year...
The Making of: Netlify’s Million Devs SVG Animation Site
3.8.2020
The following article captures the process of building the Million Developers microsite for Netlify. This project was built by a few folks and we’ve captured some parts of the process of building it here- focusing mainly on the animation aspects, in case any are helpful to others building...
Bitpatt.com, a Safe, Fast and Reliable P2P Crypto Exchange, Launches Operations
3.8.2020
While there are many crypto exchanges, fear of hacking and theft has slowly crept into crypto traders due to many such past incidents. It makes sense to always be in control of one’s fund and cryptocurrencies, and that’s why P2P or peer to peer services like Bitpatt are trusted by both...
Alleged Twitter Hack ‘Mastermind’ Owns $3 Million in Bitcoin, Bail Set at $725K
3.8.2020
Regional reports from Tampa show that the alleged “Mastermind” behind the July 15, Twitter hack owns more than $3.3 million dollars worth of bitcoin. While appearing on a video screen at the Hillsborough County Courthouse, the judge set 17-year old Graham Clark’s bail at $25,000...
Promise.allSettled
3.8.2020
The Promise object has many useful functions like all, resolve, reject, and race — stuff we use all the time. One function that many don’t know about is Promise.allSettled, a function that fires when all promises in an array are settled, regardless of whether any of the promises...
Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors
3.8.2020
Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining devices with hashrates up to...
Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals’ Problem
3.8.2020
In 2008, Satoshi Nakamoto essentially solved the infamous computational issue called the “Byzantine generals’ problem” or the “Byzantine Fault.” Throughout the history of man, people used ledgers to record economic transactions and property ownership. A ledger is often...
China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains
2.8.2020
The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas. China Recognizes Bitcoin as Commodity...
India Proposes Amnesty for Citizens Holding Unreported Gold
2.8.2020
The Indian Ministry of Finance has reportedly proposed an amnesty program for citizens holding unreported gold. The government plans to ask people to declare all their gold stashes to tax authorities and pay levies. The proposition has been made to Prime Minister Narendra Modi. New Gold Amnesty...
Putin Signs Law Giving Cryptocurrency Legal Status in Russia
2.8.2020
Russia’s bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin. The new law gives legal status to cryptocurrency but prohibits its use as a means of payment. Russian Crypto Bill Signed Into Law Russian President Vladimir Putin signed into law Friday the bill...
US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2
2.8.2020
The Northern California District Court finds that claims against Ripple Labs and its token made by two investors cannot be proven. The legal dispute, which began in May 2018, pitted Ripple Labs including CEO Brad Garlinghouse and disgruntled investors. According to a report, the discontented...
Accused of Spreading a FUD Zeus Capital Doubles Down on Chainlink Pump and Dump Claims
2.8.2020
Zeus Capital LLP has released a new report reiterating its earlier stance that Chainlink is a giant pump and dump scheme. This new report comes after the little known asset management and research firm took a flak for attacking Chainlink’s token in an earlier report. In what it now terms part...
Dispelling the Myth That Bitcoin Proponents Want a Cashless Society
2.8.2020
Bitcoin and a great number of other cryptocurrencies are electronic versions of currency. Many people falsely assume that crypto proponents are for a cashless society and this is certainly not the case. If we removed the central banks’ printing fiasco and the inflationary practices from cash...
Big Travel Firm CWT Pays $4.5 Million Bitcoin Ransom to Hackers
2.8.2020
CWT, one of the biggest travel companies in the U.S., this week paid $4.5 million in bitcoin to hackers who infiltrated the firm’s computer system, stealing sensitive corporate data. It is unclear whether customer information was also compromised. Reuters reported that the bitcoin wallet...
Major Chinese Banks Bar Customers From Buying Gold, Precious Metals
1.8.2020
Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...
Single Miner Reorgs Ethereum Classic – Devs Report a Chain Split
1.8.2020
Members of the Ethereum Classic team reported that the network suffered a reorganization (reorg) today. The blockchain network is asking service providers to halt deposits while it carries out maintenance of the chain. The latest event follows a similar attack in January 2019, which led to some...
‘Crypto Dad’ J. Christopher Giancarlo on the Future of the Digital Dollar
1.8.2020
“Crypto Titans” is a series of personal interviews conducted by CoinMarketCap with prominent and forward-thinking minds tinkering on and behindContinue Reading
The post ‘Crypto Dad’ J. Christopher Giancarlo on the Future of the Digital Dollar appeared first on CoinMarketCap...
‘Crypto Dad’ J. Christopher Giancarlo on the Future of the Digital Dollar
1.8.2020
“Crypto Titans” is a series of personal interviews conducted by CoinMarketCap with prominent and forward-thinking minds tinkering on and behindContinue Reading
The post ‘Crypto Dad’ J. Christopher Giancarlo on the Future of the Digital Dollar appeared first on CoinMarketCap...
Block 478,559: Bitcoin Cash Fans Worldwide Celebrate the Cryptocurrency’s 3rd Anniversary
1.8.2020
Three years ago at approximately 2:14 p.m. ET, the first Bitcoin Cash blocks were mined. That day, block 478,558 was the last common block found, and six hours later Viabtc mined the first Bitcoin Cash block (nr 478,559). The course of history was changed ever since this point, as the scaling...