$20 Billion Mirage: Ethereum Projects Treasuries on Shaky Ground

Massive problem of volatile tokens backing still persists in cryptocurrency industry

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Approval phishing scams ‘a much bigger problem’ than first thought

Since May 2021, a staggering $2.7 billion has been lost to approval phishing attacks — and a multinational operation led to one victim being identified in the middle of a scam. A widespread operation has been launched to thwart cybercriminals…

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How Lido solved Solana's $24 million problem

Lido also shared an updated guide to help users with a smooth withdrawal process. Solana liquid staking remains largely untapped, with just $3.7 billion in deposits. In what could be a sign The post How Lido solved Solana's $24 million problem appeared first on AMBCrypto.

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Memeinator sets the stage for the next price hike in presale as meme interest grows

Picture this: a sector that was valued at nearly $0 in 2020 is now more than $36 billion market size. The market growth has called for genuine consideration of the meme sector. However, uncontrolled growth has also been a problem, with many meme tokens failing to take off.

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5 Billion Dogecoin (DOGE) Resistance Is Not Problem for Meme Currency

Both Dogecoin and XRP showing bullish performance on market, but what will be next move?

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Circle Scrambles to Right USDC After Signature Bank Failure

Circle Internet Financial’s $3. 3 billion cash reserves problem was seemingly solved Sunday when federal regulators promised that depositors of failed Silicon Valley Bank would be made whole in short order.

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Lido Finance [LDO] emerges as the king of DeFi, but there is a problem

The total value locked on Lido Finance went past $8 billion in January. Despite the feat, the protocol’s native token was down 5.82% at press time. Lido Finance [LDO] had a rollicking starThe post Lido Finance [LDO] emerges as the king of DeFi, but there is a problem appeared first on AMBCrypto.

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Crypto Markets Today: Bitcoin Holds Strength Above $21K, Congress' FTX Problem

ALSO: Crypto bank Silvergate reports a fourth-quarter loss of $1 billion. Equities closed mixed after big banks’ 4Q earnings reports.

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Elon Musk pulls out of Twitter deal amid “false and misleading” information from Twitter

Tesla CEO and Dogecoin superfan Elon Musk has pulled out of his $44 billion deal with Twitter citing concerns over “false and misleading representations. ” One of the key concerns was a lack of data available to Musk to analyze the severity of the bot problem on the platform.

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Reuters Blasts Binance for $2.35B Money Laundering Problem

A report from Reuters claims that Binance may have allowed the laundering of more than $2.35 billion over a period of five years. The report highlighted instances when North Korean...

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Assets favoring long BTC still far outweigh short BTC products, but problem is...

The cryptocurrency market has witnessed a massive sell-off this week. Over $3.15 billion in the value passed in or out of exchanges, with a net bias towards inflows, which accounted for $1.60 billion The post Assets favoring long BTC still far outweigh short BTC products, but problem is... appeared first on AMBCrypto.

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Dogecoin Sees Immense Push As Elon Musk Mulls Utilizing DOGE To ‘Defeat The Spam Bots’ On Twitter

Tesla’s CEO Elon Musk has been ramping up efforts to solve the perennial problem of Spam Bots on Twitter. Even before purchasing the social media platform for about $44 billion last week, Musk had...

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Solvent Protocol: Solving the illiquidity problem of NFTs

NFTs have gained a lot of traction in the past year, trading over more than $23 billion in volume. While there are a lot of platforms and marketplaces that allow users to list and sell their non-fungiThe post Solvent Protocol: Solving the illiquidity problem of NFTs appeared first on AMBCrypto.

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Initial Litigation Offerings (ILOs) show blockchain isn’t a solution looking for a problem

The case of Apothio, a hemp grower embroiled in a $1 billion lawsuit against a California county, has put Initial Litigation Offerings (ILOs) into the spotlight. The post Initial Litigation Offerings (ILOs) show blockchain isn’t a solution looking for a problem appeared first on CryptoSlate.

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Why Choosing The Correct Wallet Matters More In DeFi Than You Might Think

Cryptocurrency theft remains a pressing problem, primarily in the decentralized finance sector. As over $10 billion has been stolen throughout 2021, securing one’s funds remains essential. Choosing the right crypto wallet plays a much more significant role than most people give it credit for.

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Chinese Investors Lose Over $2 Billion To Cryptocurrency Scams

Cryptocurrencies including Bitcoin have gained some notoriety for their use in fraudulent activities. It seems the problem is still lingering as a recent report has revealed alarming amounts of scams facilitated by cryptocurrencies.

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Citrus: Integrating the gaming sector with blockchain advancements

Although there are more than 2 billion gamers worldwide, only a few get the chance to mint money. Citrus aims to tackle this problem by giving bonuses and rewards to every gamer who plays blockchain gThe post Citrus: Integrating the gaming sector with blockchain advancements appeared first on AMBCrypto.

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Unpopular opinion? The problem with blockchain gaming is blockchain

Predicting the direction of Bitcoin price is not gonna cut it with the world's 2.7 billion gamers.

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Is Bitcoin's fixed supply a problem? Yes, says this BNP Paribas strategist

Tesla’s $1.5 billion Bitcoin purchase may have finally pushed cryptocurrencies onto the radar of huge financial institutions, but not necessarily onto their balance sheets. This was one of the inThe post Is Bitcoin's fixed supply a problem? Yes, says this BNP Paribas strategist appeared first on AMBCrypto.

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Blockchain can combat Australia’s $1.7B food and wine fraud problem

Food and wine fraud costs Australians $1.7 billion, but government and industry experts say blockchain could be the solution

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Governments May Reexamine Gold as Bank of England Sued for Refusing to Release Stash

Venezuela has filed a major $1 billion lawsuit against the Bank of England and claims that the central bank is refusing to release the gold owed. Venezuela has used the Bank of England for decades to store its bullion, but now it’s having a problem retrieving it.

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Apple’s $207 Billion Cash Pile Isn’t Helping its Poorest Employees

Apple broke the law when it didn't pay its employees for enduring mandatory searches, now Tim Cook has a much bigger problem on his hands. The post Apple’s $207 Billion Cash Pile Isn’t Helping its Poorest Employees appeared first on CCN.com

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Could Linux help overcome blockchain’s usability challenge?

2019 has been a good year for Bitcoin and cryptocurrencies. An influx of institutional money and Facebook announcing its Libra plans have provided a boost to the markets, lifting the total market cap from a just over $125 billion in the first quarter, to $240 billion currently.

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Bitcoin’s Realized Cap Records New All Time High of $102.9 Billion

The first problem with applying a traditional market-cap structure to bitcoin or other is that the concept was initially applied to stocks, and has since then been applied to a new asset class of cryptocurrencies.

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How a blockchain-based digital ID system could help tackle human trafficking

Human trafficking affects every country in the world.  In fact, estimates say that 20-40 million people are enslaved across the globe, earning criminals profits of approximately $150 billion a year.

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America’s Pension Problem Deepens As GE Freezes Employee Retirement Benefits; Time For BTC

General Electric has decided to freeze all retirement benefits for 20,000 of its employees, in an attempt to save $8 billion in pension deficit's, deepening America's already deteriorating pension problems.

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Lambda mainnet launched, the data storage mining from virtual to real

In the traditional market, many companies are not profitable for a long time, the transaction cost is high, but the market value can reach nearly 10 billion, and there are a lot of companies to face the problem.

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Orionix ICO

We present Orionix, a comission-free games and items exchange platform along with ORX token that covers operational costs by minting its own native currency. The project aims to facilitate communication, exchange and security between players.

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Binance Fixes the Circulating Supply for Binance Coin, BNB Price Shoots 5%

Coinspeaker Binance Fixes the Circulating Supply for Binance Coin, BNB Price Shoots 5%The anomaly with the circulating supply of Binance Coin caused a massive $1. 5 billion drop in its market cap this week.

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Could This Indian Startup Solve Ethereum’s Main Problem?

India is one of the most important destinations in the crypto space. One of the main reasons for that is, evidently, the country’s size: India hosts 1. 3 billion people on its soil, representing a large.

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Addressing the privacy paradox: Top leaders and experts share insights

As technological innovation evolves, society evolves with it. The problem is, with each new innovation also comes risk. Whether it opens us up to new security issues or debates over our personal privacy, we’re moving fast towards a future with a lot of unknowns.

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Fireblocks Announces “Hot Vault” and $16 Million Funding from Fidelity-backed Firms

Combining security, convenience, and seamless user experience has been one of the major dilemmas in the digital assets space. Since Bitcoin’s inception, a little more than ten years ago, startups all over the world have set out to solve this problem.

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Bolt won’t beat Uber by copying it – it needs to forge its own path

Bolt, previously known as Taxify, is a ride-sharing app and one of Estonia‘s four unicorns (AKA startups valued at over $1 billion). On a visit to Talinn, TNW met with Martin Villig, the company’s co-founder, to hear about Bolt’s plans to become the de facto transport app in the world.

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Op Ed: 3 Reasons Why Crypto Has an Exchange Problem

While the Crypto Winter may be lingering with us into the spring, crypto exchanges are doing just fine. According to CoinMarketCap, there are now 255 major crypto exchanges.

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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General

Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.

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Rakuten Taps Chinese Blockchain Firm for $60 Billion Authenticity Market

By CCN: In 2008, at least 54,000 Chinese babies suffered after ingesting formula that had been contaminated. Demand for safe products has grown year over year, every year, since then. Companies like blockchain-centric Techrock have capitalized on this market by finding unique solutions to the authenticity problem.

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This Bitcoin Price Rally is Masking a Serious Problem

By CCN. com: This week is looking to end on a positive note for bitcoin, as the cryptocurrency clawed its way above $4,100, adding $1 billion to its market cap in the process. Bitcoin Price Cracks $4,100 as Bullish Sentiment Grows The bitcoin-to-dollar rate established an intraday high at $4,103, up 2.

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Machine learning academics are flocking to tech giants and that might be a problem

The die is very much cast when it comes to the growth of machine learning. With the expansion of tech companies like Google, Amazon and Uber, artificial intelligence-based research and products is a growth industry that’s only just getting started.

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Norwegian Fund Hosts $7 Billion Mega-Sale of Energy Companies

The Norwegian Sovereign Fund has announced a $7 billion sale of shares for 134 exploratory fossil fuel and energy companies. Norway owns the largest sovereign fund in the world, the Government Pension Fund Global (GPFG), which is valued at over $1 trillion.

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There’s a $1.6 Billion Problem with Elon Musk’s Plan to Close Tesla Stores

In a complete reversal, Tesla revealed that it would work to move all sales online, just a year after touting the expansion of Tesla stores and galleries. Tesla Backtracks on Retail Store Expansion The 2017 annual report published in February 2018 read: “Our Tesla stores and galleries are highly visible, premium outlets in major metropolitan markets, some of which combine retail sales and service.

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Apple Realizes its iPhone Problem But Pivot Sees Major Challenges

Apple, the $801 billion electronics giant, is reportedly initiating major changes in its executive team by altering roles and establishing new strategies. According to The Wall Street Journal, the move is a response to the lackluster sales figures of the iPhone in key markets including China.

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Did Pre-IPO Uber ‘Lose’ $1.8 Billion in 2018, Or Aggressively Invest In Its 85% Market Share Dominance?

Uber posted $1. 8 billion in losses for 2018, an improvement over its 2017 bottom line, a loss of $2. 2 billion. At The Drive Stephen Edelstein says, “That’s bad news for Uber as the company looks to charm investors into an initial public offering (IPO) later this year.

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Morgan Creek Bags $40M Raise, Attracts Industry First Funding From Pensions

Even in a bear market, Morgan Creek Digital has no problem swimming upstream. The crypto asset management firm just bagged a $40 million dollar investment and what appears to be the first blockchain/crypto investment by a major pension fund.

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Cryptocurrency Investors Lost $1.7 Billion to Hackers in 2018, Claims Two New Reports

A new report from CipherTrace suggests that hackers stole $1. 7 billion worth of digital currency from investors in 2018 as organized crime is becoming more common. A separate report from Chainalysis suggests that two sophisticated criminal groups stole $1 billion, accounting for a massive portion of total cryptocurrency hacks.

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Tether Will Soon Allow Direct Redemption of USDT — But With a High Minimum

Tether is launching a new liquidity portal, one that will finally allow the direct redemption of Tether’s stablecoin USDT back into fiat. According to a new report released on the company’s website, Tether is going to “launch a redesigned platform allowing for the verification of new customers and direct redemption of Tether to fiat.

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Facebook removed 1.5 billion fake accounts between April and September

Facebook released its community standards report today, in which it detailed how it dealt with fake news, spam, hate speech, and terrorist propaganda on its platform. The company noted that, between April and September 2018, it removed a whopping 1.

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Revolutions and Counter Revolutions: Andreas Antonopoulos Reflects on 10 Years of Bitcoin

As Bitcoin approaches its 10th anniversary, its community, old and new, has begun taking stock of how a decade has come to alter or define the cryptocurrency — and what Bitcoin has done to alter or define the decade.

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IPSX Launches Global IP Address Marketplace to Solve a Billion Dollar Problem

The sharing economy is not limited to physical assets.

The post IPSX Launches Global IP Address Marketplace to Solve a Billion Dollar Problem appeared first on CoinSpeaker.

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Princeton Research Claims China Motivated to “Kill” Bitcoin, Selfish Miners Governing 74 Percent of Network

A research study published on Oct. 5 claimed growing Chinese influence over the Bitcoin protocol is a “looming threat” to the $114 billion network. The paper alleged that China presents a problem to the security, stability, viability of the pioneer cryptocurrency.

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