Kathleen Breitman, the co-founder of decentralized layer 1 blockchain Tezos, said the bankruptcy filing of troubled crypto lender Celsius Network is not surprising because such business models are sustainable in the long run. Breitman: Celsius’ Bankruptcy Unsurprising Recall that Celsius filed for voluntary Chapter 11 bankruptcy protection exactly a month after suspending users’ withdrawals and...Read More
The first half of 2022 was a bumpy ride for crypto investors. With the crypto market still bleeding, investors are bemoaning losses as the DeFi market cap fell by over 74% in the second quarter of the year, according to CoinGecko. Terra’s Ripple Effect on DeFi The crypto data aggregator recently published its Q2 2022...Read More
According to a research conducted by the blockchain firm Ripple, residents of Latin America are the most inclined toward the digital asset industry. 50% of the surveyed think the sector will cause a significant impact on the financial system, while 74% prefer to transact with businesses that accept cryptocurrencies. Europeans, on the other hand, are...Read More
The US Securities and Exchange Commission announced a judgment against an associate of the late John McAfee for participating in an alleged initial coin offering (ICO) scam. The top financial watchdog argued that Watson had assisted John McAfee by working on the promotion deals with various ICO issuers. He also allegedly helped McAfee to cash...Read More
Attacks on DeFi platforms, crypto exchanges and related websites have become somewhat of a constant fixture in the past couple of years. When using a mixer, the user pools his tokens with those of others, receiving them back after they have been scrambled with assets provided by others, minus the fee charged by the mixing...Read More
Fasten Up Your Seat Belts! Global Cryptocurrency and Blockchain Community Is Kicking Up in India, Are You Excited? Introducing India Blockchain Week(IBW) 2022, brought to you by the organizers of Malaysia Blockchain Week, World Blockchain Conclave, Thailand Blockchain Week, Blockchain focussed events in Asia, South Korea, and other parts of the world. ABOUT IBW 2022...Read More
Bitcoin (BTC) Price Analysis Bitcoin price is currently hovering within an uncharted area where-in both the possibilities of a rebound and a drastic plunge is making their way out. On the other hand, the volume also appears to have been equally distributed among the bulls and the bears. Therefore in case, anyone gets exhausted, the...Read More
Blockchain analytics platform Messari has published a detailed report on Polkadot’s performance in Q2, 2022, analyzing different aspects of the protocol, including market valuation, network usage, developer activity, parachains, and ecosystem challenges. Polkadot’s Valuation Dropped 66% in Q2 The paper, dubbed the “State of Polkadot,” revealed that the blockchain project’s native crypto asset shredded about...Read More
BitMEX Research recently published a report detailing why Ethereum has dwarfed Bitcoin as the center of Dapp and developer activity within crypto. While there are technical reasons for the discrepancy, the team claims that Bitcoin developer culture prior to Ethereum’s launch drove alternative use cases away from its ecosystem. The OP_Return Controversy The report explores...Read More
Polygon(MATIC) Polygon (MATIC) price bounced off well from the crucial support levels and surged close to 38% from the bottoms at $0.53. The asset faced rejection a couple of times at $0.733 in the last few hours, making it mandatory to test and clear these levels. However, the bulls still appear to be in a...Read More
Renowned baseball team, New York Yankees, is set to let its employees convert a portion of their paychecks to BTC holdings after striking a deal with Bitcoin-focused financial services firm New York Digital Investment Group (NYDIG). According to the official press release, the multi-year partnership will allow the Yankees’ employees to access NYDIG’s Bitcoin Savings...Read More
