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EOS Network Foundation Members Switch Support to Crypto Protocol Antelope After Hard Fork
17.8.2022
The protocol will be led by a coalition connected to the EOS Network Foundation, following the foundation’s separation from Block.one
Celsius Approved to Sell Mined Bitcoin, Customer That Lost 50,000 USDC Insists Her Regulated Stablecoins Should Be Treated Differently
17.8.2022
On August 16, the crypto lender Celsius Network has been approved by a bankruptcy court judge to sell bitcoin the company previously mined to continue funding specific operations. The following day, the company’s attorney detailed that Celsius has been offered cash injections, but the lawyer...
Multichain Announces a Partnership With Step Network
17.8.2022
Multichain recently announced an integration with Step Network to help the newly introduced blockchain gain exposure. The development allows the network to interact with BNB Chain, Ethereum, and ten more leading chains. Supported by personalities like Usain Bolt and other global corporations, Step...
Another depeg — Acala trace report reveals 3B aUSD erroneously minted
17.8.2022
As the dust settles on another decentralized finance exploit, Acala continues to trace tokens that were erroneously minted after a misconfiguration in a newly launched liquidity pool
Report: Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets
17.8.2022
According to a recent report published on Tuesday, the Israeli-American founder and CEO of Celsius Network, Alex Mashinsky, was in charge of the company’s trading strategy. The report, citing multiple people familiar with the matter, said Mashinsky sold millions of dollars’ worth...
DEFI MOOC Course Uses Privacy-Preserving NFTs On Oasis Network
16.8.2022
DEFI MOOC has awarded its students NFTs and badges as credentials for pursuing a course. The great thing about NFTs handed over to the students is that they are privacy-preserving and powered by Oasis Network. They leverage Parcel to verify the credentials while keeping the user information...
Celsius Saga Continues: New Filings Reveal ‘Delusional’ Plan for ‘Standalone Reorganization’, Says a Lawyer
16.8.2022
The drama surrounding the troubled crypto lender Celsius (CEL) continues, with a new omnibus reply and a PowerPoint presentation that outlines plans for a “standalone reorganization” described by one lawyer as “delusional.”...
Read More: Celsius Saga Continues: New Filings Reveal ‘Delusional’ Plan...
Court filings reveal Celsius will run out of money by October
16.8.2022
Celsius Network has been heading down a slippery slope since it filed for bankruptcy in July
Celsius Network coin report shows a balance gap of $2.85 billion
15.8.2022
The latest findings could brew more trouble for the crypto lender for allegedly misleading and offering wrong details in the court documents
Celsius Coin Report Reveals USD 2.8BN Crypto Shortfall
15.8.2022
A newly released report from the troubled crypto lender Celsius (CEL) shows that the company is short on its crypto obligations to customers by around USD 2.8bn.
According to the report, Celsius has a net coin position of negative USD 2.845bn, split between coins such as bitcoin (BTC), ethereum...
Network and token freeze after Acala exploit raises questions
15.8.2022
The Acala hack saw over a billion aUSD stablecoins minted from thin air, but now community members are scratching their heads wondering how a decentralized protocol would handle the clean up
PoW Miners Rake in Profits Mining ETH Until the End, Ethash Networks Expect a Boost, JPMorgan Strategists Say ETC Could Benefit
15.8.2022
In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s proof-of-work (PoW) miners will be forced to mine another coin. So far, it seems ethereum miners are sticking with the PoW Ethereum chain until the very end as profits have...
Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value
14.8.2022
2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On August 14, the Polkadot-based stablecoin alpaca usd (AUSD) dropped below a U.S. penny in value, only to bounce back to the $0.95 region hours later. Reports...
Proposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days
14.8.2022
In 32 days, Ethereum is expected to upgrade from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) system after the network used PoW for seven years. While the testnets have implemented the new rules, most people envision a relatively smooth mainnet transition. However, another...
Why Celsius and Voyager Were More Like Uninsured, Quasi-Banks
14.8.2022
William D. O'Connell, PhD Candidate, Political Science, the University of Toronto.______
There is a well-known saying shared by both crypto experts and skeptics: “Not your keys, not your coins.” The phrase, popularized by Bitcoin entrepreneur Andreas Antonopoulos, refers to how the contents of...
Celsius Network is bankrupt, so why is CEL price up 4,000% in two months?
13.8.2022
Takeover rumors and an ongoing short squeeze help CEL price rally but is there enough momentum for more upside?
Bitcoin mining revenue jumps 68.6% from the lowest-earning day of 2022
13.8.2022
Since July 2022, the Bitcoin ecosystem recovered across numerous determinants, including miners’ revenue in dollars, network difficulty and hash rate
Bitcoin’s Mathematical Monetary Policy Is Far More Predictable Than Gold and Fiat Currencies
12.8.2022
This past April, records show that 19 million bitcoins have been mined into existence and 133 days later, there are 1.88 million bitcoins left to mint today. The network’s block subsidy halving is expected to occur on or around April 20, 2024, as there are less than 91,000 bitcoins left...
Binance to Support the Monero Network Upgrade and Hard Fork
12.8.2022
Binance recently announced support for the upcoming XMR (Monero) hard fork and network upgrade. The upgrade will occur when the XMR network reaches a block height of 2,688,888. According to the estimates, it will be reached by 13th August 2022. After reaching the block height, Monero will stop...
Pastel Network Bringing NFT Security to Polkadot With Parity
12.8.2022
Pastel Network recently announced establishing a partnership with Parity Technologies. The collaboration will see Pastel Network bringing permanent storage and NFT security to Polkadot. As the builders behind Substrate and Polkadot, Parity Technologies is a well-known name in the industry....