Cryptocoins News / The Cointelegraph - 1 year ago
Web3 has brought a lot of excitement into the industry, as evidenced by the nearly $50 billion market capitalization Web3 tokens have grown in recent years. The very ethos of Web3 is one of its most attractive traits. It is an ecosystem free from bar...
Cryptocoins News / The Cointelegraph - 1 year ago
1. When you’re an active NFT trader, you can’t avoid all the scams in the world of nonfungible tokens. The most common NFT scams are phishing, counterfeit NFTs and pump-and-dumps. The year 2021 was a breakthrough fo...
Cryptocoins News / The Cointelegraph - 1 year ago
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph...
Cryptocoins News / The Cointelegraph - 1 year ago
4. Purpose of Ethereum 2.0 The primary goal of the Ethereum 2.0 update is to improve scalability so that the network can handle more transactions without delays or high fees. While the full effects of the update will not be felt until...
Cryptocoins News / The Cointelegraph - 1 year ago
The decentralized finance (DeFi) industry has lost over a billion dollars to hackers in the past couple of months, and the situation seems to be spiraling out of control.According to the latest statistics, approximately $1.6 billion in cryptocurrenci...
Cryptocoins News / The Cointelegraph - 1 year ago
The world of decentralized finance (DeFi) is gradually expanding to encompass a significant share of the global financial lending space by virtue of the inherently trustless manner of operation and the ease of accessing capital. As the crypto ecosyst...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto.com was one of the few crypto exchanges to keep Terra (LUNA) trades open as Terra’s death spiral saw an unrecoverable price crash of LUNA and stablecoin TerraUSD (UST). However, a technical glitch on Crypto.com’s mobile application allowed use...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) failed to reclaim $30,000 into May 14 as traders looked forward to a relatively stable weekend.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitfinex longs gather strengthData from Cointelegraph Markets Pro and TradingView...
Cryptocoins News / The Cointelegraph - 1 year ago
Innovations in the crypto space appear daily. Whether through decentralized applications or new ways to implement and use nonfungible tokens (NFTs) within decentralized finance, blockchain technology is innovating at the speed of light. The only thin...
Cryptocoins News / The Cointelegraph - 1 year ago
Further distancing itself from any concerns of planned attacks on the blockchain, the Bitcoin network established a new mining difficulty all-time high of 31.251 trillion — exceeding the 30-trillion mark for the first time in history.The creator of B...
Cryptocoins News / The Cointelegraph - 1 year ago
For most casual digital asset investors, the Ethereum 2.0 upgrade promises to be a game-changing event that will improve efficiency, reduce network costs and propel the entire blockchain and crypto space closer to a Web3 reality.Ethereum has been str...
Cryptocoins News / The Cointelegraph - 1 year ago
Popular crypto analytics platforms Etherscan and CoinGecko have parallelly issued an alert against an ongoing phishing attack on their platforms. The firms began investigating the attack after numerous users reported unusual MetaMask pop-ups promptin...
Cryptocoins News / The Cointelegraph - 1 year ago
The concept of the Metaverse has been around since the 1980s, but it has only been in recent years that we’ve seen hundreds of projects popping up on the scene. What we are currently experiencing are gamified worlds with limited integration and engag...
Cryptocoins News / The Cointelegraph - 1 year ago
Altcoins saw a relief bounce on May 13 as the initial panic sparked by Bitcoin’s sell-off TerraUSD (UST) collapse and multiple stablecoins losing their dollar peg begins to decrease. Risk-loving traders look to scoop up assets trading at yearly lows....
Cryptocoins News / The Cointelegraph - 1 year ago
Terra’s meltdown forced cryptocurrency investors to ask a question they never thought was possible: Will TerraUSD (UST) or Terra (LUNA) reach $1.00 first? The magnitude of this question provides a sobering reminder of just how quickly things can chan...
Cryptocoins News / The Cointelegraph - 1 year ago
This week the crypto market endured a sharp drop in valuation after Coinbase, the leading U.S. exchange, reported a $430 million quarterly net loss and South Korea announced plans to introduce a 20% tax on crypto gains.During its worst moment, the to...
Cryptocoins News / The Cointelegraph - 1 year ago
Caroline Pham, currently serving as a commissioner at the United States Commodity Futures Trading Commission, or CFTC, has announced a former head of U.S. regulatory policy at investment banking firm Credit Suisse Securities will be joining her staff...
Cryptocoins News / The Cointelegraph - 1 year ago
It has been a rough week for the cryptocurrency market, primarily because of the Terra ecosystem collapse and its knock-on effect on Bitcoin (BTC), Ethereum (ETH) and altcoin prices, plus the panic selling that took place after stablecoins lost their...
Cryptocoins News / The Cointelegraph - 1 year ago
Ukrainian officials have used funds from the crypto donation platform launched by the government to purchase supplies for the country’s military amid its ongoing war with Russia.In a Friday tweet, Ukraine’s minister of digital transformation, Mykhail...
Cryptocoins News / The Cointelegraph - 1 year ago
Terraform Labs co-founder Do Kwon has tabled a proposal to preserve the Terra ecosystem following the historic depegging of its algorithmic stablecoin, UST, and the resulting death spiral that plunged Terra (LUNA) tokens to practically zero. In a Fri...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) rebounded sharply after dropping near its realized price of $24,000 on May 12, suggesting some bulls went against the herd and bought the dip. According to on-chain analytics platform CryptoQuant, the exchange balances declined by more...
Cryptocoins News / The Cointelegraph - 1 year ago
Cryptocurrency exchange Crypto.com has halted the trading of Terra (LUNA) tokens after it determined that user transactions were quoted at an “incorrect price,” prompting severe backlash from the community.In a Friday news release, Crypto.com said th...
Cryptocoins News / The Cointelegraph - 1 year ago
CryptoWendyO heard about Bitcoin (BTC) on the radio and decided to take a risk. Little did she know, the risk she would take would change her life in ways she never thought possible. The influencer shared her Bitcoin journey in this episode of Crypto...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) failed to clinch $31,000 by the Wall Street open on May 13 as new warnings forecast a continuation of the downside.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar declines, stocks bounce at week's endData from Cointele...
Cryptocoins News / The Cointelegraph - 1 year ago
The past week has been a dark period in the history of crypto, with the total market capitalization of this industry dipping as low as $1.2 trillion for the first time since July 2021. The turmoil, in large part, has been due to the real-time disinte...