Cryptocoins News / The Cointelegraph - 2 years ago
Analysts from the European Commission showed an unexpected understanding of how decentralized finance (DeFi) actually functions, having defined it as something different from the traditional financial system and acknowledging that it would require re...
Cryptocoins News / The Cointelegraph - 2 years ago
ApeCoin (APE) announced its integration with Ethereum (ETH) sidechain Polygon (MATIC) after the recent Yuga Labs’ Otherdeeds nonfungible token (NFT) minting incident led to speculation about a new chain for APE.
On Sunday, Yuga Labs, the creators of...
Cryptocoins News / The Cointelegraph - 2 years ago
The Solana network faced its seventh outage on Saturday, resulting in a downtime of over seven hours. The developer team has released an outage report, along with three key mitigation steps to make the network more stable.The network outage on Solana...
Cryptocoins News / The Cointelegraph - 2 years ago
The United States Securities and Exchange Commission (SEC) announced Tuesday that it would nearly double the number of personnel responsible for safeguarding investors in cryptocurrency markets. As per the announcement, the SEC’s Cyber Unit, which in...
Cryptocoins News / The Cointelegraph - 2 years ago
The Republic of Uzbekistan continues to progress with local cryptocurrency regulations, with Uzbek President Shavkat Mirziyoyev issuing a new decree regulating the industry.Released on Wednesday, the new decree instructs a reorganization of a major p...
Cryptocoins News / The Cointelegraph - 2 years ago
VanEck, an investment firm with over $82 billion in assets under management, revealed its entrance into the Metaverse by releasing a collection of 1,000 nonfungible tokens (NFTs) on Monday.The VanEck Community NFT, which is based on the Ethereum netw...
Cryptocoins News / The Cointelegraph - 2 years ago
Two committees of the Hawaii State Legislature — Commerce and Consumer Protection (CPN) and Ways and Means (WAM) — unanimously approved the launch of a specialized task force to explore the use and regulation of the crypto ecosystem.In a letter addre...
Cryptocoins News / The Cointelegraph - 2 years ago
Blockchain network Algorand has partnered with FIFA inking a sponsorship and technical partner deal as the network becomes the soccer association’s first official blockchain platform.The deal announced on Monday will also see Algorand become a region...
Cryptocoins News / The Cointelegraph - 2 years ago
Florida-based ratings and research firm Weiss Ratings has fired out a warning over the risks of crypto mortgages amid the current economic climate in the United States. The company paid particular focus to Milo, a digital banking startup from Miami t...
Cryptocoins News / The Cointelegraph - 2 years ago
Crypto exchange Crypto.com announced severe reductions to CRO staking rewards for most tiers of its VISA prepaid card which has forced the token price to fall around 30% in less than a week.Its May 1 blog post explains that card rewards will be reduc...
Cryptocoins News / The Cointelegraph - 2 years ago
Billionaire Citadel Securities founder Ken Griffin has compared cryptocurrency to abstract art, opining that the value of both is derived from the eye of the beholder. Griffin — who Forbes estimates to be worth around $26 billion — has made numerous...
Cryptocoins News / The Cointelegraph - 2 years ago
The decentralized finance (DeFi) space has been rife with hacks, exploits and scams so far this year, with over $1.6 billion in crypto stolen from users, surpassing the total amount stolen in 2020 and 2021 combined.Analysis from blockchain security f...
Cryptocoins News / The Cointelegraph - 2 years ago
A bill was proposed in Rhode Island’s House of Representatives that would credit a house builder in a “green coin” cryptocurrency for reducing the project’s carbon footprint.The Green Housing Public-Private Partnership Act would oblige the state’s pu...
Cryptocoins News / The Cointelegraph - 2 years ago
Lawyers for Dfinity Foundation, a Switzerland-based nonprofit behind the Internet Computer blockchain, have filed a lawsuit against Facebook’s parent company Meta for trademark infringement over its infinity logo.In a Friday court filing with the Uni...
Cryptocoins News / The Cointelegraph - 2 years ago
The last time Bitcoin (BTC) traded above $50,000 was Dec. 27, 2021. Since then, four months have passed, but traders seem somewhat optimistic that inflation has hit the necessary threshold to trigger cryptocurrency adoption.In theory, the 8.5% inflat...
Cryptocoins News / The Cointelegraph - 2 years ago
The start of May has seen a continuation of the weakness in crypto and equities markets and at the moment, there is no indication of any short-term factors that could reverse the bearish trend.Equities markets are also in a downtrend and according to...
Cryptocoins News / The Cointelegraph - 2 years ago
Last week, New York dominated crypto media headlines in very different ways. In New York State, the local Assembly voted in favor of the bill that would ban for two years any new mining operations that rely on proof-of-work (PoW) consensus mechanisms...
Cryptocoins News / The Cointelegraph - 2 years ago
The Bitcoin Mining Council (BMC) responded to a letter sent to the United States Environmental Protection Agency (EPA) administrator Michael Regan by Democratic legislators last month with a letter of its own seeking to rectify inaccuracies about Bit...
Cryptocoins News / The Cointelegraph - 2 years ago
The U.S. equity markets opened on a tentative note on May 2 but a minor positive is that the crypto markets led by Bitcoin (BTC) are holding above their immediate support levels. The price action over the next few days will be dictated by the outcome...
Cryptocoins News / The Cointelegraph - 2 years ago
The aftermath of the Otherdeeds nonfungible token (NFT) mint is filled with disgruntled community members voicing their complaints on Twitter over Yuga Labs' handling of the event. The launch of Otherdeeds NFTs gained massive support from the communi...
Cryptocoins News / The Cointelegraph - 2 years ago
Mairead McGuinness, the commissioner for financial services, financial stability and capital markets union at the European Commission, is calling for global regulators to work together to address potential risks in the crypto market.In a Sunday opini...
Cryptocoins News / The Cointelegraph - 2 years ago
Ethereum's native token Ether (ETH) faces the possibility of a 35% price correction in Q2 as it comes closer to breaking below its "ascending triangle" pattern.ETH price breakdown ahead?Ether's price swung between profits and losses on May 2 while tr...
Cryptocoins News / The Cointelegraph - 2 years ago
Blockchain games are set to overtake decentralized finance (DeFi) as the number one contributor to decentralized application (DApp) activity in terms of uniquely active wallets. A new 18-page report by DappRadar surveys the nascent ecosystem behind t...