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BTC locked in DeFi increased by 20X the entire Lightning Network this week
11.9.2020
Despite the recent mini price crash, DeFi users have injected more than 20,000 Bitcoin into DeFi projects in the last week, suggesting the DeFi bull run isn’t over
Swisscom Blockchain Wins Grant From Web3 to Help Toughen Polkadot’s Proof-of-Stake Network
10.9.2020
Swisscom Blockchain was awarded the grant to build a cloud-based protection layer for stakers on the Ethereum-based Polkadot network
Hash Power Broker Nicehash Denies It Enables 51% Attacks on ETC Network
9.9.2020
Hash power broker Nicehash denies that it enables bad actors to use its hash renting platform to launch 51% attacks on blockchain networks. The broker insists that it does not have any way of monitoring or determining which blockchain is benefitting from a particular algorithm hash data. Only...
Bitcoin Obituaries Lists Another Crypto Eulogy, 2020 BTC Deaths in the Single Digits
9.9.2020
The infamous “Bitcoin Obituaries” has seen another addition to the long list of deaths since bitcoin’s oldest death on December 15, 2010. According to the list of articles with 382 deaths to-date, bitcoin was declared dead again on September 4, 2020. Ever since Satoshi Nakamoto...
Digital assets firm Cred eyes global expansion using Visa's network
8.9.2020
Crypto borrowing and lending platform Cred has joined Visa’s Fintech Fast Track program to further the adoption of DeFi loans
Lightning Network-Based Derivatives Exchange Gets Investment from Bitfinex
8.9.2020
LN Markets, the first bitcoin (BTC) derivatives exchange built on top of the Lightning Network (LN), today announced that it has closed its pre-seed funding round, with crypto exchange Bitfinex, bitcoin-focused investment firm Fulgur Ventures, and crypto research and asset management firm Arcane...
Bitfinex Invests in Derivatives Exchange Built With Bitcoin’s Lightning Network
8.9.2020
The raise came after the new trading platform reached nearly $10 million in aggregate trading volume
Whale Watch: 68 New Whales Join ETH Network, BTC Holds Lowest Concentration of Whales
7.9.2020
Onchain data shows that during the market carnage this past weekend the number of ethereum whales increased significantly, while ETH prices dropped by 30%. Analytics from the data firm Santiment shows 68 new whales joined the network during the last three days. During the last three days...
Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe
7.9.2020
Ethereum network gas fees that averaged $15.13 on September 2 have been declining in the past four days ending the day at $3.43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2.75 on September 6. The highest average daily...
US Man Pleads Guilty in $722 Million Bitclub Network Ponzi Scheme Case
7.9.2020
A Bitclub Network Ponzi scheme promoter has admitted to charges of selling unregistered securities and to subscribing to a false tax return in connection with his role in the $722 million fraud scam. The man, Joseph Frank Abel, pleaded guilty by video conference before U.S. District Judge Claire...
Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts
5.9.2020
Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads...
Criminals Target Privacy Coins: How To Avoid Downloading Fake Wallet Apps
4.9.2020
Reports in the past few weeks detail that bad actors are targeting two privacy coin projects, Monero and Zcash, adding to concerns about the growing rate of security incidents involving blockchain networks. Such incidents, as well the repeated 51% attacks on the Ethereum Classic network or...
Research: New Malware Employs Tor and Bittorrent To Steal Bitcoin and Ether
4.9.2020
A new trojan called Krypto Cibule uses infested computers’ power to mine cryptocurrency, steal crypto wallet files, and redirect incoming digital assets to a hacker address. The malware rides on the Tor network and the Bittorrent protocol to perform attacks, according to an extensive report...
Privacy Options Underutilized in Cryptocurrency Usage: Report
4.9.2020
Advances in cryptography have not met with user enthusiasm, suggesting a disconnect between the cryptocurrency community and its cypherpunk ancestors. According to Coin Metrics, transactions of privacy-focused cryptocurrencies zcash (ZEC), monero (XMR), and grin only add up to 6% of bitcoin’s...
Gaming platform Ultra integrates Theta Network for live streaming
3.9.2020
Gamers will see previews of games being played live before purchase and can earn rewards to spend in the Ultra ecosystem for sharing streams
FATF Compliance Effort Adds Huobi, Bitfinex and Tether to Governance Task Force
2.9.2020
Shyft Network is adding Huobi, Bitfinex and Tether to its crypto-focused anti-money laundering platform as the sector ramps up FATF compliance efforts
Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally
2.9.2020
The Layer 2 protocol holds $12.4 million worth of bitcoins
Secret Network’s Privacy-Focused Smart Contracts Move a Step Closer to Going Live
2.9.2020
The Secret Network’s privacy-focused smart contracts will be formally proposed for the mainnet on Sept. 8. If approved, they’ll launch a week later
Ethereum Transaction Fees Set a Record Once Again as DeFi Becomes Even Pricier
1.9.2020
Average Ethereum transaction fees reached $10.33 on Tuesday
Kyber Network (KNC) Plummets After Breaching a 2-year High
1.9.2020
Kyber Network is a blockchain-based platform that provides liquidity, and the infrastructure is such that it supports Decentralized Finance. The network collects liquidity from various springs such as Market Makers, Token Projects, Liquidity Pools, Token Holders into a single pool, accessing...