Cryptocoins News / The Cointelegraph - 2 years ago
Regulation by enforcement, a fast and economical substitute for thorough rulemaking, is widely regarded as some of the U.S. executive agencies’ preeminent approach to crypto regulation. It could be summed up as letting crypto firms explore the bounda...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) remains below $40,000 for the third consecutive day and the most likely source of the volatility is the worsening condition of traditional markets. For instance, the S&P 500 is down 5% since April 20 WTI crude price dropped 9.5% in...
Cryptocoins News / The Cointelegraph - 2 years ago
Social media giant Facebook's parent company, Meta, will be opening a retail store in the San Francisco Peninsula offering hardware for the virtual reality space.In a Monday announcement, Meta said it would be opening a retail store in Burlingame, Ca...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) continues to trade below $40,000 as bears try to flip the level into resistance. The soaring U.S. dollar index (DXY), which is usually inversely related to Bitcoin, favors the sellers. However, it is not all gloom and doom because the B...
Cryptocoins News / The Cointelegraph - 2 years ago
New York's legislature might ban proof-of-work (PoW) crypto mining in the state for at least two years, citing environmental concerns. Over the past weekend, on Saturday and Sunday, several crypto advocacy groups — including the Blockchain Associatio...
Cryptocoins News / The Cointelegraph - 2 years ago
As told by Bored Ape Yacht Club (BAYC) developers on Monday, hackers breached the popular nonfungible token (NFT) collection’s official Instagram page and shared links to a fake airdrop with the project’s followers.Crypto enthusiasts who connected th...
Cryptocoins News / The Cointelegraph - 2 years ago
Spring is here and with it came a newfound awakening for nonfungible tokens (NFTs). In the last week of March, total sales volume rallied to $20 billion, but this metric took a dive from mid April to $17.6 billion. However, on April 16, the newly lan...
Cryptocoins News / The Cointelegraph - 2 years ago
European Central Bank executive board member Fabio Panetta said lawmakers across the world must decide how to regulate cryptocurrencies based on potential risks.In a written statement for a speech to Columbia University on Monday, Panetta said global...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) saw a classic "fake out" move on April 25 as volatility kept traders firmly on edge. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTraders stay gloomy on BTC outlookData from Cointelegraph Markets Pro and TradingView showed...
Cryptocoins News / The Cointelegraph - 2 years ago
Decentralized finance (DeFi) protocol Portal has partnered with the asset marketplace HighCircleX (HCX) to tokenize stocks of pre-initial public offering (IPO) companies, according to an announcement shared with Cointelegraph on Monday. The collabora...
Cryptocoins News / The Cointelegraph - 2 years ago
Ripple (XRP) continued its correction trend on April 25, falling by 5.5% to reach $0.64, its lowest level since Feb. 28.More XRP price downside ahead?The plunge increased the possibility of triggering a bearish reversal setup called descending triang...
Cryptocoins News / The Cointelegraph - 2 years ago
Peckshield, a prominent blockchain security firm, exposed the existence of numerous phishing websites for the Web3 lifestyle app STEPN on Monday. Hackers insert a forged MetaMask browser plugin through which they can steal seed phrases from unsuspect...
Cryptocoins News / The Cointelegraph - 2 years ago
The Central African Republic (CAR) has become the center of a hot buzz in the crypto world amid various reports of it adopting Bitcoin (BTC) quite similar to El Salvador. However, contrary to popular headlines, the African nation has not adopted BTC...
Cryptocoins News / The Cointelegraph - 2 years ago
Californian crypto exchange Kraken becomes the second virtual asset platform after Binance to receive regulatory approval to operate in the Abu Dhabi international financial center and free zone, Abu Dhabi Global Market (ADGM).In a CNBC interview, Kr...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) starts a new week in an uncertain place facing uncertain times — is $40,000 now resistance?The largest cryptocurrency has just closed a fourth red weekly candle in a row, something that has not happened since June 2020. As cold feet ove...
Cryptocoins News / The Cointelegraph - 2 years ago
SkyBridge Capital is working on pivoting the majority of its assets under management (AUM) to digital assets, as the sector represents “tremendous growth” for the firm. The hedge fund was founded by former United States politician Anthony Scaramucci...
Cryptocoins News / The Cointelegraph - 2 years ago
Popular memecoin project Shiba Inu (SHIB) has launched a SHIB Burn Portal to decrease token supply and enable users to earn passive rewards while doing so.The Shiba Inu team stated on the portal website that it was created explicitly to increase the...
Cryptocoins News / The Cointelegraph - 2 years ago
If crypto capital markets have a chance of becoming an institutional reality, decentralization will be one of the key aspects according to one industry insider.Capital markets bring suppliers and those in need of capital together to initiate supposed...
Cryptocoins News / The Cointelegraph - 2 years ago
The highly anticipated nonfungible token (NFT) project Akutars was marred by both an exploit and a bug on the weekend, causing over 11,500 Ether (ETH), worth nearly $33 million, to be locked forever within a smart contract, inaccessible even to the d...
Cryptocoins News / The Cointelegraph - 2 years ago
3. The difference between the LP tokens' value and the underlying tokens' theoretical value if they hadn't been paired leads to IL. Let's look at a hypothetical situation to see how impermanent/temporary loss occurs. Suppose a liquidity provider...
Cryptocoins News / The Cointelegraph - 2 years ago
The concept of lending and borrowing is as old as time itself. Regarding finances, while some individuals have more than enough for themselves, others barely have enough to get by. As long as there is this imbalance in finance distribution, there wil...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) and several altcoins are trading in a tight range during the weekend, suggesting that investors are undecided about the next directional move. Traders may be waiting for Wall Street to open before placing large directional bets because...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) stayed below $40,000 on April 24 as the weekly close looked set to be a painful one for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance bids slowly thin below spotData from Cointelegraph Markets Pro and Trading...
Cryptocoins News / The Cointelegraph - 2 years ago
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!This week, our 6 Questions go to Lili Zhao, director of ecosystem growth at Neo — an open...
Cryptocoins News / The Cointelegraph - 2 years ago
Loans based on cryptocurrencies have become a mainstay of the decentralized finance (DeFi) universe ever since the smart contract-based lending/borrowing platforms began offering the service to crypto users. The Ethereum network, the first blockchain...