Celsius Network, a bankrupt cryptocurrency lender, intends to file a motion to extend the deadline for users to submit claims by another month. The cryptocurrency community has grown impatient, noting that Celsius’ legal fees have continued to increase and are…
Ethereum Creator Vitalik Blogs About Amazing Blockchain Applications
VitaliK Buterin, co-creator of Ethereum (ETH), shared five things that excite him about the blockchain in a blog post. He focused on Crypto and ETH applications that addressed real-world needs. Buterin, a Russian-Canadian programmer, published the Ethereum white paper in…
DeFi Platform InsurAce to Pay Out FTX Claims And Launches Crypto Deposit Insurance Scheme
Efforts continue to be made to restore investor trust in the crypto markets. DeFi insurance provider InsurAce is introducing the “Crypto Deposit Insurance Scheme,” a new crypto deposit insurance program (CDIS.) Reaction to Ailing CeFi Industry The product is being…
October Already the Biggest Month In Crypto Hacks According to Chainalysis
According to Chainalysis, 2022 could “definitely” break the record, even though 2021 was the greatest year ever for cryptocurrency breaches. $718 Million Stolen In October According to Chainalysis, the overall worth of the hacks in October 2022 was close to…
New and Disruptive International Crypto Rules Proposed by Influential Finance Watchdog
The ongoing crypto winter has caught the eye of financial watchdogs and some disruption is brewing. After the recent turmoil in the cryptocurrency market, the Financial Stability Board, a watchdog organization and standard-setter for the global financial system supported by…
Expectations on next Bitcoin to be, Cardano(ADA) or Tezos(XTC)?
With the rise in popularity of Bitcoin in 2017, other cryptocurrencies gained public recognition and interest. Where, during the years of 2017 and 2018, numerous cryptocurrencies flooded the market with Initial Coin Offerings (ICO). Virtually every single one of those…
Synthetic Assets get Competition for Scalability as New Markets Heat up
Two new engineered resource and subordinates stages hope to take a cut of Synthetix’s pie. Synthetic resources, one of the most promising use cases for decentralized finance (DeFi), is becoming an increasingly brutal scene as two new activities plan to…
The New Crypto Agricultural Revolution
Yield farming and Liquidity Mining, are gaining traction more and more every day. It’s all part of decentralized finance (DEFI) where you stake some capital and look to gain returns by providing liquidity to certain protocols. The protocols are pegged…
Decentralized Finance has drastically reduced the risks of a future Ethereum fork
Ethereum is a very popular platform for creating decentralized apps (DApps), however, an Ethereum fork can disrupt much of the DApp ecosystem. Decentralized finance has now drastically reduced the chances of such a fork.
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
