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Algorand’s largest DeFi protocol Algofi to shut operations

Algorand’s (ALGO) largest decentralized finance protocol, Algofi, will wind down because current events have made its continued operations non-viable, according to a July 10 statement. “A confluence of events has taken place that no longer makes building and maintaining the Algofi platform to the highest standards a viable path for our company. дальше »

2023-7-11 12:24


Crypto Mining Criminals: Malaysian Power Utility Busts 2 Companies For Electricity Theft

Crypto mining has taken an audacious turn in Malaysia, where a group of determined miners is embarking on a relentless pursuit of energy so remarkably inexpensive that it borders on being free.  Caught in the crosshairs of this unconventional quest is Sarawak Energy, a prominent state-owned electric company in Malaysia, which has now set its […] дальше »

2023-7-7 14:55


Shards and Layer-2s: Unpacking NEAR and Ethereum’s contrasting approaches to blockchain scalability

The landscape of blockchain scalability has evolved significantly in recent years, with Layer-2s (L2s) and sharding emerging as the two dominant approaches. Ethereum, a key player in the crypto industry, has adopted rollup-centric L2s to scale its network, while NEAR protocol has taken a different path, choosing to scale via sharding. дальше »

2023-7-5 20:30


Hong Kong Mobilizes Task Force To Drive Web3 Advancements, What’s Their Master plan?

In order to actively embrace the emerging “megatrend” of Web3 development, Hong Kong maintains a strong commitment and has taken initiatives to monitor and regulate its progress. To accomplish this, an inclusive collective consisting of both industry experts and government officials has been formed to oversee the advancement of Web3 in the region. According to […] дальше »

2023-7-3 11:49


Coinbase Seeks Dismissal of the SEC’s Legal Case Based on the Definition of a Security

The world's second-largest crypto exchange, Coinbase, has taken a bold step in its defense against the SEC, asking a judge to dismiss the SEC's claim that it acted as an unregistered broker. The post Coinbase Seeks Dismissal of the SEC’s Legal Case Based on the Definition of a Security appeared first on BeInCrypto. дальше »

2023-6-30 20:19


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Bitcoin Correlation To Gold, Silver Drops To Cyclical Lows: Glassnode

Data from Glassnode shows the Bitcoin correlation to Gold and Silver has taken a plunge toward cyclical lows recently. Bitcoin Correlation With Gold & Silver Has Now Turned Negative According to data from the on-chain analytics firm Glassnode, the latest price action in BTC has decoupled the cryptocurrency from commodities such as Gold and Silver. дальше »

2023-6-28 16:00


Crypto Scam Damage Multiplied: Web3 Expert Stresses AI Role In Escalation

Crypto scam has taken a worrisome turn as cybercriminals are now harnessing the power of artificial intelligence to enhance their malicious activities. According to Jamie Burke, the founder of Outlier Ventures, a prominent Web3 accelerator, these malicious actors are utilizing AI to create sophisticated bots capable of impersonating family members and duping them. In a […] дальше »

2023-6-24 13:15


FTX Aims to Retrieve $700 Million from Associates and Related Investment Funds Linked to Bankman-Fried

FTX Launches Legal Battle Seeking $700 Million from Bankman-Fried’s Associates and Connected Investment Funds FTX, the cryptocurrency exchange, has taken legal action in the US Bankruptcy Court for the District of Delaware against several investment firms that were previously associated with the company before its downfall. дальше »

2023-6-23 18:39


Ledger Unveils New White Paper, 100% Secure Recovery Service For Crypto Investors

Ledger, the company behind popular cryptocurrency hardware wallets, has taken another step towards transparency and open-sourcing its development by publishing the Ledger Recover White Paper.  The White Paper details the technical specifications of Ledger Recover, a service that will allow users to back up and restore their Ledger device’s Secret Recovery Phrase. Related Reading: Canada […] дальше »

2023-6-22 00:00