A vulnerability patch left the protocol with only partial functionality, but the price is still holding. Wednesday’s crypto market correction put a heavy burden on the FEI project, the latest attempt at creating an algorithmic stablecoin that would remain stable in the face of market turbulence. Due to the particularContinue Reading
The $138.5 million deal will add an estimated 3.7 EH/s to Riot’s existing and planned mining capacity. Riot Blockchain, a cryptocurrency mining company, has expanded its fleet and mining capacity with a new purchase order for 42,000 S19j Antminers from Bitmain. Megan Brooks, Riot’s COO, said the latest purchase orderContinue Reading
Chicago-based high-frequency trading firm Jump Trading has made an investment in sports fan token platform Chiliz. Blockchain-based sports platform Chiliz has sealed an investment of an undisclosed amount from Chicago-based trading firm Jump Trading LCC. Jump Trading — a proprietary trading firm founded 20 years ago by Chicago futures pits veteransContinue Reading
On-chain data suggests Bitcoin price will likely breakout to a new all-time-high soon, as whales, miners and long-term hodlers turn bullish again. The price of Bitcoin (BTC) has been under severe selling pressure by whales for the past two months as on-chain data reveals. However, five key indicators are suggestingContinue Reading
A minority investor in a major South Korean crypto exchange is currently the best performing stock in the country. The effects of South Korea’s crypto frenzy seem to be spreading beyond the cryptocurrency market to affect stock prices in the country’s stock exchange. According to a report by Bloomberg onContinue Reading
Attacks on digital asset exchanges and trading platforms have decreased drastically in recent years, but data leaks still leave users vulnerable. Facebook is no stranger to data hacks and leaks, with the company having been on the receiving end of many high-profile security breaches in recent years. For example, backContinue Reading
Binance founder and CEO Changpeng Zhao is placing his bets on crypto. Changpeng Zhao, founder and CEO of the largest global cryptocurrency exchange Binance and one of the world’s top crypto billionaires, does not own much except crypto. “I’m one of those guys who value liquidity much more than owningContinue Reading
The value of Ripple’s XRP token soared to $1.09 on April 6, 2021, making it the first time the crypto has surged past the $1 mark in nearly three years. The token’s new 52 week high has coincided with an altcoin price rally which has seen the value of someContinue Reading
Coinbase has announced its earnings estimates for the first quarter of 2021. The company says its estimated revenue for the period is nine times more than the amount generated in the same period last year. In addition, the crypto platform says it has 56 million verified users and a totalContinue Reading
PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of IQQ which occurred on the 31st of March 2021 at 10:00AM UTC. IQQ was created by IQONIQ FanEcosystem, as the utility token to reward entertainment and sports fans for their engagement. IQQ started trading with ETH, USDT and BTCContinue Reading
Ripple Labs has reportedly won discovery from the U.S. Securities and Exchange Commission (SEC). The court has ordered the commission to produce internal records relating to discussions of whether XRP tokens are similar to bitcoin and ether, which are currently not classified as securities. Ripple Wins Discovery From SEC, GainingContinue Reading
South Korea’s Kimchi premium collapsed overnight, but it is likely not a sign of a short-term Bitcoin top. The so-called Kimchi premium, which measures the premium of the Bitcoin (BTC) price in South Korea’s cryptocurrency exchange market, plummeted overnight. The premium declined from 22% to 15% within a matter ofContinue Reading
Some companies are using blockchain technology to open up the logistics routes that COVID-19 has closed down. A state-owned Moroccan fertilizer company has executed a $400 million transaction using blockchain technology, in what it says is a first for intra-African commerce. In a deal facilitated by the Eastern and SouthernContinue Reading
Decentralized finance protocols and regulatory agencies need to figure out DeFi regulations to enable the niche crypto market to integrate with real-world finance. Rune Christensen, founder and CEO of DeFi bluechip MakerDAO, says the decentralized finance space is set to move from its current isolated bubble phase toward more integrationContinue Reading
Autograph will target some of the world’s biggest names in sports, entertainment, fashion and pop culture. Six-time Super Bowl champion Tom Brady is backing a new major development in the nonfungible token industry by launching his own NFT platform. The new NFT platform, dubbed Autograph, will target some of theContinue Reading