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Reserve Bank of Australia still researching the CBDC it says it doesn’t need
14.10.2020
The Reserve Bank of Australia is continuing to explore how to design and operate a CBDC
The Silk Road Balance Sheet Discrepancy: Bitcoin Worth $4.8 Billion Still Missing
12.10.2020
The original Silk Road marketplace has been shut down for well over seven years now and to this day, 444,000 bitcoin worth $4.8 billion is still missing. Just recently, a report focused on those funds discusses one of the market’s biggest mysteries and how people have seemingly forgotten...
97% of People Consulted by UK Financial Regulator Opposed Crypto Derivatives Ban
8.10.2020
The Financial Conduct Authority (FCA) ban on crypto derivatives sales to retail investors has set tongues wagging. It is no mystery. After a consultation process that closed Oct. 3, 2019, with 97% of participants opposed to the prohibition, the U.K. financial regulator still proceeded to issue...
Yearn Finance Token Value Slides 67%, While Locked Value Loses Over $300M
8.10.2020
Yearn Finance’s native token YFI has been seeing significant capitulation as the price has dropped from an all-time high (ATH) of $43k in mid-September to today’s $13,875 USD value. Despite the -67.7% loss since the token’s ATH, the Yearn Finance project still has around $624...
Experts weigh in: Is DeFi dead or is it still the future of finance?
8.10.2020
The current DeFi ecosystem's trajectory is reminiscent of the ICO boom
DeFi Darling yearn.finance Crashes 60% From ATH, Analysts Still Optimistic
6.10.2020
Known as one of the hottest decentralized finance (DeFi) tokens of the year, yearn.finance’s YFI token is now down by close to 60% from its all-time high just over three weeks ago.
At the time of writing (11:50 UTC), YFI was down by 6% over the past 24 hours, and down by just over 31% over...
A Solution To the Blockchain Scalability Problem – Meet Jax.Network
6.10.2020
Being the next step in the evolution of human civilization, blockchain technology still hasn’t been mass-adopted. The biggest obstacle here is a limited transaction processing capacity. Existing blockchains like Bitcoin and Ethereum are only able to do about 7-10 transactions per second. This...
Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B
4.10.2020
2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top...
ETH Volumes Top $119.5 Billion in Q3: High-Risk Dapps Dominate Tron Network
4.10.2020
A recent report says total Dapps transaction volumes reached $125 Billion in Q3 2020, a figure which is $113 billion higher than in Q2 2020. From these volumes, the Ethereum blockchain accounts for 96% or $119.5 billion of the total created value with the majority of this being attributed to...
Zimbabwe’s Stock Exchange Open to Crypto Listing Subject to ‘Regulatory Approval’
3.10.2020
Zimbabwe Stock Exchange (ZSE) CEO Justin Bgoni says its recently licensed subsidiary, the Victoria Falls Stock Exchange is open to listing bitcoin and other cryptocurrencies. However, according to local media reports, any such listings are still dependent on the digital asset issuers getting...
Kucoin Hack: $17M Laundered Via Decentralized Exchanges, Blockchain Analysis Firm Claims This Can Still be Traced
2.10.2020
Elliptic says the Kucoin hacker has sold $17.1 million worth of tokens via decentralized exchanges (dex) platforms like Uniswap, Kyber Network, Tokenlon. The shift to dex applications comes after centralized projects came to the aid of the beleaguered exchange by blocking any cashing out of...
DeFi ‘Vampire’ SushiSwap Still Hemorrhaging Liquidity
30.9.2020
Uniswap challenger SushiSwap is continue to lose vital liquidity, with total value locked falling by 8% in the past 24 hours
‘If DeFi Collapsed, Bitcoin Would Still Be Bitcoin’
27.9.2020
Bitcoin (BTC) and DeFi both had a good summer. After the coronavirus-induced collapse of March, the price of bitcoin rose from USD 3,500 to just over USD 12,000 in August, while the total value locked into DeFi platforms rose from USD 1bn in June to almost USD 12bn in late September.
It’s tempting...
Ethereum still not ready for DeFi, say some critics
27.9.2020
Ethereum needs to fix its problems
Americans’ Inflation Worries Up, 29% Still Under Golden USD Illusion - Survey
25.9.2020
Surveyed Americans are increasingly worried about inflation as the Federal Reserve’s money printers go into full brrr mode, per a new survey – although 29% are still laboring under the illusion that the greenback is still backed by gold.
These were the findings of a report conducted by hashpower...
How many DeFi projects still have ‘God Mode’ admin keys? More than you think
25.9.2020
The vast majority of DeFi projects still have the ability to enter ‘God Mode’ and unilaterally make changes to pretty much everything
Kelta Cafes: Building a Robust Workplace for Blockchain Enthusiasts
24.9.2020
Blockchain technology has experienced a lot of growth in the last few years. The immutable peer-to-peer distributed ledger system created by Satoshi Nakamoto was given a little chance to survive at the initial stage. Still, many people are now betting on several blockchain projects. The popularity...
Bitcoin options still bullish despite this week’s $900 BTC price drop
22.9.2020
Retail traders were rattled by Bitcoin’s $900 drop but BTC options data remains bullish ahead of Friday’s expiry
Brazen Nigerian Crypto Scam Inksnation Still Operational Three Months After Regulator Warning
20.9.2020
One of Nigeria’s most brazen crypto scams, Inksnation remains operational and still invites new investors some three months after the country’s Securities and Exchange Commission (SEC) deemed its activities illegal. The SEC has previously warned Nigerians against investing with the scam...
Analyst: 1,500 Bitcoins Lost Every Day, Less Than 14 Million Coins Will Ever Circulate
19.9.2020
A cryptocurrency analyst, Timothy Peterson claims that 1,500 bitcoins are lost each day meaning only 14 million BTC will ever circulate. The figure is at odds with the estimate of many organizations including Markets.bitcoin.com which place the figure at 18.5 million coins. Still, Peterson, who...