In brief Binance has said it is trying to hunt down the scammers behind the Squid Game cryptocurrency. The news follows a year of regulatory controversy for the exchange. Crypto exchange Binance has said it is trying to track down those behind the Squid Game cryptocurrency scam who made out with $2 million, per Business Insider. Binance has said the…
Month: November 2021
Chainlinks total value secured surpasses $75B as DeFi continues to surge
The total value secured by the Chainlink network has officially surpassed $75 billion, marking a new milestone for the decentralized oracle solution that has become synonymous with price data services for the rapidly growing DeFi sector. With the milestone, Chainlink has become one of the most value securing forms of decentralized consensus on the planet, according to protocol co-founder Sergey…
RTFKT partners with Daz 3D to advance metaverse NFTs
RTFKT Studios, pronounced artifact, has announced a collaborative partnership with software developer Daz 3D to leverage their technology to create immersive, three-dimensional avatars for their upcoming nonfungible token, or NFT, release, CloneX. Founded by Chris Le, Benoit Pagotto and Steven Vasilev, RTKFT have emerged at the forefront of next-generation sneaker culture, intertwining burgeoning technologies of augmented reality, nonfungible tokens and…
Ex-Wall Street execs lead new Bitcoin mining firm as US hash rate soars
Prime Blockchain (PrimeBlock), a new cryptocurrency mining company in the United States, is hiring its inaugural management team after starting mining Bitcoin (BTC) in September. PrimeBlock told Cointelegraph on Thursday that it appointed Goldman Sachs veteran Gaurav Budhrani as the companys CEO. Budhrani spent over 10 years at Goldman, with his latest position featuring crypto investment banking coverage, including the…
Ben Askren: The Center Cannot Hold
Watch This Episode On YouTube Listen To This Episode: Interview Description: In this episode of The Center Cannot Hold, host Alex McShane is joined by the legendary wrestler and MMA fighter Ben Askren. They discuss Ben’s journey down the Bitcoin rabbit hole, from when he was first told about it, through his speculation and losses in other cryptocurrencies, to today,…
Bitcoin And The Fifth Of November
“Remember, Remember, The 5th of November, The Gunpowder Treason and Plot, I know of no reason Why the Gunpowder Treason Should ever be forgot.” –Traditional Guy Fawkes Night rhyme On what better day and in what better way to remind everyone why we’re all here in the first place, than a little excerpt inspired by “V For Vendetta”? On this…
Smartbch Defi Universe Expands Dozens of SEP20 Tokens, $12.8M Total Value Locked in Dex Platforms – Defi Bitcoin News
On April 1, Bitcoin.com News published an in-depth report on the Smart Bitcoin Cash (Smartbch) protocol and its compatibility with Ethereum’s EVM and Web3 API before any Smartbch projects were seen in the wild. Seven months later, Smartbch has matured a great deal and metrics indicate that between three decentralized finance (defi) protocols, there’s roughly $12.8 million total value locked…
Former Binance.US CEO Brian Brooks Takes Top Job at BitFury
Bitcoin mining and crypto company BitFury has announced that Brian Brooks, former Binance.US CEO and Comptroller of the Currency, has been appointed CEO. BitFury is an established leader in the digital asset industry, renowned for its sustained research and development efforts and best-in-class proprietary technologies, Brooks said in a statement. As the adoption ofand use cases forBitcoin, other crypto assets,…
Bitcoin will peak at $253K, Ethereum at $22K this cycle if 2016 halving bull run repeats
Bitcoin (BTC) may be over seven times higher than at its last halving, but is history repeats, that number could grow another 300% and more. As tracked by on-chain data source Ecoinometrics this month, BTC/USD has the potential to eclipse estimates simply by following historical precedent. Bitcoin: Compared to 2017, you ain’t seen nothing yet Bitcoin currently trades 7.3 times…
Faraway Raises $30M for Solana-Based NFT Browser Games
In brief Game studio Faraway has raised nearly $30M for Solana-powered browser games. FTX, Lightspeed, Andreessen Horowitz, and Solana all invested in the startup. Axie Infinity showed the world that NFT games can thrivewith more than $2.8 billion worth of NFT trading volume to dateso its no surprise to see new firms make a crypto gaming play. Today, startup game…