The end of the year is normally a time to wind down and prepare for the holiday season, but the last few weeks of 2021 saw a crypto market that showed no signs of resting. One of the headline-grabbing stories related to Terra reaching an all-time high in terms of the total value locked (TVL), and the project surpassed Binance…
Month: January 2022
Rarible Launches Tool to Block ‘Risky’ Ethereum NFT Sale Orders on OpenSea
In brief Rarible announced on Tuesday the launch of an order management tool. The tool allows Rarible users to identify and cancel questionable sale orders from the leading NFT marketplace, OpenSea. NFT marketplace Rarible announced on Tuesday that it has launched an order management tool that allows Rarible users to identify and cancel questionable sale orders from leading NFT marketplace…
Bitcoin Satoshi Nakamoto Giordano Bruno
The invention of Bitcoin comes after decades of hard work, persecution by the government and the relentless perseverance of the cypherpunks. Satoshi was humble enough to stand on the shoulders of cypherpunk giants and use many existing, first principle design parameters to help him/her/they create Bitcoin. Satoshi and the cypherpunks’ efforts are reminiscent and analogous to the valiant efforts of…
BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE
Bitcoin (BTC) and the U.S. equity markets fell sharply on Jan. 5, reacting negatively to the minutes from the Federal Reserve’s December FOMC meeting, which showed that the members expect the balance sheet reduction to start after the Fed begins hiking interest rates in early 2022. Adding to the negative sentiment was the shutdown of the world’s second-biggest Bitcoin mining…
UK lawmakers form crypto advocacy group for parliament: Report
Lisa Cameron, a member of parliament for the United Kingdom’s House of Commons, is reportedly chairing a lobbying group aimed at promoting crypto-related legislation in government. According to a Friday report from the Financial Times, members of parliament, as well as members of the House of Lords in the United Kingdom, launched the Crypto and Digital Assets Group to ensure rules…
Next Up for Chainlink in 2022: LINK Staking and ‘Internet of Blockchains’
Chainlink, which securely brings real-world data to the world of smart contracts, has come a long way since October 2018, when Decrypt first came across the decentralized oracle network provider at Berlin’s annual Web Summit. With smart contracts being a foundation of DeFi (decentralized finance), oracles that enable them to securely execute based on verifiable real-world events—such as a cryptocurrency…
NYC Mayor Undeterred by Falling Bitcoin Price, Says Buying the Dip Could Yield ‘Good Profit’ – Markets and Prices Bitcoin News
The mayor of New York City, Eric Adams, is not deterred by bitcoin’s volatility, noting that buying the dip could yield “a good profit.” He reiterated that he will receive his first three paychecks in bitcoin and will make New York City the center of blockchain technology. New York Mayor Hints at Buying the Dip The mayor of New York…
ImmuneFi report $10B in DeFi hacks and losses across 2021
Decentralized finance, or DeFi, security platform and bug bounty service ImmuneFi published an official report on Thursday which calculated the total volume of losses in the cryptocurrency markets in 2021. According to its report, the company found that losses resulting from hacks, scams and other malicious activities exceeded $10.2 billion dollars over the past year. Responsible for protecting over $100…
Cosmos Rises 12.5%, Defying Crypto Market Dip
Cosmos (ATOM) and Cosmos-based cryptocurrencies like Osmosis (OSMO) and Akash Network (AKT) are all in the green today, despite the broader crypto market seeing the biggest cryptocurrency fall in price. According to CoinGecko, ATOM is currently priced at $43.05. In the last 24 hours, it has increased by 12.5%, and in the previous week, ATOM has seen a price hike…
Hong Kong-based Coinsuper allegedly blocks customers’ withdrawals
A cryptocurrency exchange in Hong Kong has reportedly stopped all withdrawal requests, according to reports. Coinsuper is the sole crypto firm in China that is licensed by the government, and was founded by a former senior UBS Group AG executive in November 2017. The report by Bloomberg suggests that customers of the bourse have been unable to withdraw funds since…