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Crypto News
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.Bitcoin (BTC) trading around $15,694 as of 21:00 UTC (4 p.m. ET). Gaining 2.6% over the previous 24 hours.Bitcoin’s 24-hour range: $15,293-$15,973BTC above its 10-day…
Venezuela’s Bitcoin Story Puts It in a Category of One
Venezuela is an example of cryptocurrency adoption during an economic crisis. No other economy facing hyperinflation has come near the South American nation in terms of GDP-adjusted activity on peer-to-peer crypto exchanges, according to a…
Discovering Bitcoin Through the #EndSARS Movement, Feat. Yele Bademosi & Akin Sawyerr
When the Nigerian government shut down EndSARS protestors’ bank accounts, bitcoin and crypto became a way around.Yele Bademosi is CEO at Bundle social payments app and the founder of investment firm Microtraction. Akin Sawyerr is involved…
Flash Loans Aren’t the Problem, Centralized Price Oracles Are
Since the beginning of the year, the decentralized finance (DeFi) ecosystem has rapidly grown to more than $12 billion in total value locked. With this exponential growth, incentives have increased for malicious actors to manipulate and…
LiquidStake set to unlock liquidity for Ethereum 2.0 Phase 0 stakers
The solution is centralized, but time is pressing. As the launch date of Ethereum 2.0 approaches, an important issue in the staking mechanism is starting to be discussed in the community: the one-way nature of stake deposits.
Prospective…
Ethereum Suffers from Unintended ‘Chain Split,’ Few Third-Party Services ‘Got Stuck on Minority…
According to a number of third party infrastructure providers, the Ethereum blockchain suffered an unintended hard fork or chain split on Wednesday. The service providers Infura, Binance, and Blockchair all reported issues with consensus at…
US Representatives Rip OCC, Brooks for ‘Excessive Focus’ on Crypto
Several U.S. lawmakers are displeased by the Office of the Comptroller of the Currency and its focus on crypto and fintech during a pandemic-caused recession.Six members of Congress faulted the banking regulator’s stance on crypto custody…
Blockchain Bites: Bitcoin’s Path to $20K, Ethereum’s ‘Unannounced’ Fork and Biden’s Crypto-Friendly…
Ethereum’s Infura went down, causing a chain split. The world’s second-largest bank will issue $3 billion in blockchain bonds. President-elect Joe Biden’s transition team features some noted crypto commenters. Top shelfChain…
Binance Gives $200K to Investigators Who Helped Identify Actors Behind 2018 Attack
Cryptocurrency exchange Binance has followed through with its pledge to reward anyone helping bring about the arrest of the bad actors who attacked the exchange in March 2018 and stole from users in a phishing campaign.Over a period of…
Binance briefly pauses Ethereum withdrawals as network suffers ‘minor hard-fork’
Geth developers to blame? The Ethereum (ETH) network has suffered what looks like a hard fork today as reports emerged of outages and irregularities on infrastructure providers Infura and Blockchair.
While initially it was believed to be an…