Blockchain

The U.S. Securities and Exchange Commission went ham on crypto exchanges last week by filing toothy lawsuits against Binance and Coinbase. While crypto exchanges and altcoins are in the hot seat, the regulator is leaving BTC and ETH alone, at least for now. When news of the SEC’s lawsuit against Binance and Coinbase hit markets, the prices of all assets plunged across the board. BNB crashed 10% in 24 hours. It lost another 5% on Sunday and kept dumping on Monday to a...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Binance head Changpeng Zhao has taken to Twitter to warn Justin Sun – the main executive behind crypto firm Tron – against using his own funds to garner the exchange’s new SUI tokens. Zhao to Sun: Your Money’s Not Welcome! Zhao has made it clear that these units are designed more for retail traders and that he...

DeFi hacks have gone through the roof in recent times and many will argue that the DeFi ecosystem has proven time and again that it is indeed an exploiter’s paradise. Decentralized finance (DeFi) protocol Sturdy Finance is the latest victim in a long list of DeFi hacks. The Sturdy Finance platform has reportedly lost 442 ETH (worth a little above $800,000 as of publication), to a daring security exploit. Blockchain security firm PeckShield was the first to notice what appeared to be a...

EOS once charted in the top ten cryptocurrencies by market cap. Now it stands in the top 50. The setbacks in its journey have been one of the most talked about in the industry. But EOS Network Foundation’s La Rose believes the formative years of EOS have taught them a lot and that the blockchain project is just getting started, all thanks to the community. EOS Network Bumpy Ride EOS – which launched with great fanfare, an active community, and strong tech – faced several...

The Securities and Exchange Commission alleged that some of the largest altcoins, such as ADA, MATIC, and SOL, are unregistered securities. Most assets slumped in value shortly after the allegations went out. Now, though, the organizations between the blockchains and the tokens have published official statements to refute the SEC’s claims. Polygon Responds MATIC traded at $0.9 last week, just a few days before the SEC went after Binance and Coinbase, alleging in the lawsuits...

Wer noch etwas Bitcoin auf der Bitcoin-Börse hat, kann damit jetzt Geld verdienen. Denn anstatt dass dort die Bitcoins nutzlos rumliegen, bietet Bitstamp nun ein Lending-Programm an. Diese Programme findet man mittlerweile auf fast allen grossen Bitcoin-Börsen der Welt. Mann kann seine Bitcoins ausleihen, und verdient dann bis 8% Zins pro Jahr. Das ist mehr Zins, also so manches Bankkonto heutzutage noch hergiebt. Allerdings sind digitale Währungen...

Mining – the process of verifying transactions and packing them in blocks to send to the blockchain – is a critical component of many networks, including the largest one – Bitcoin. It’s the foundation around the entire cryptocurrency ecosystem (for a large part) is built on, and it is absolutely paramount to the concepts of crypto. However, it’s also very technical. It’s a process that requires complex technical setups in terms of both hardware and software, sufficient...

The largest banking institution in Russia by assets value – Sberbank – will reportedly enable private investors to buy and sell digital currencies in the following weeks. The entity jumped on the bandwagon a few years ago, attempting to launch several cryptocurrency projects. For one, it sought approval to issue its own digital currency and introduced the first blockchain-focused ETF in Russia.  Sberbank Pushes Forward As reported by a local media outlet, the bank will let...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Birla Cellulose is a company that’s utilizing blockchain technology to ensure all customers know where their products are coming from, where everything is sourced, and that everything is sustainable. Birla Cellulose Is Using Blockchain for Traceability of Fashion Products Blockchain is designed to give...

While the current FUD surrounding crypto is regarding the SEC suing crypto exchanges for selling securities, history often repeats itself, and the last bull market saw crypto prices plummet as Tesla dropped BTC payments due to environmental concerns. Therefore, cryptos that take sustainable climate action could perform well next time the sustainability narrative arises. We have already seen the top altcoin, Ethereum, make efforts to become more environmentally friendly. After...