Following the large string of block rewards from 2010 spent in November 2021, no block rewards from that year were discovered in December and throughout the next month up until January 21. On Friday, an 11-year-old block reward originally mined on November 22, 2010, was transferred for the first time since being idle for more than a decade. Block 93,276:…
sponsored Crypto gains are not as good as they once were. The much-anticipated journey towards a more mature crypto space has been accompanied by a noticeable slide in the previously exponential returns that excited both retail and institutional investors alike. In the current investment climate, the more established tokens are becoming less volatile and the returns from ‘hodling’ are simply…
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week NFT-focused Animoca Brands valued at $5B following $358M raise NFT and virtual property-focused firm Animoca…
2021 was a sort of “coming-of-age” for many layer-one (L1) blockchain protocols because the growth of decentralized finance (DeFi) and nonfungible tokens (NFTs) forced users to look for solutions outside of the Ethereum (ETH) network where high fees and network congestion continued to be barriers for many. Protocols like Fantom (FTM), Avalanche (AVAX) and Cosmos (ATOM) saw their token values…
The government of El Salvador will offer cryptocurrency-based loans to small companies. Conamype, the National Commission for Micro and Small Enterprises, will be the link between the investors and a decentralized finance protocol called Acumen, that will be able to provide funding in stablecoins. The aim being to help small investors that have no credit history in the country. Small…
This article attempts to predict what the transition to hyperbitcoinization will look like through the lens of the real estate market. Naturally there are elements of fun and fantasy to this exercise. Part 1 covers the transition. Part 2 will explore what the real estate market could look like on a Bitcoin standard. The U.S. dollar has lost. Bitcoin is…
Decentralized finance, known as DeFi, is a new use of blockchain technology that is growing rapidly, with over $237 billion in value locked up in DeFi projects as of January 2022. Regulators are aware of this phenomenon and are beginning to act to regulate it. In this article, we briefly review the fundamentals and risks of DeFi before presenting the…
A new continent-wide payment system that seeks to strengthen African fiat currencies, as well as to boost intra-Africa trade, recently went live. Discussions about onboarding more African countries are still ongoing. SMEs the Main Beneficiaries of the Payment System A new African payment system, the Pan-African Payment and Settlement System (PAPSS), recently went live in Ghana, setting the stage for…
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. Following a bearish decline for many of the leading decentralized finance (DeFi) tokens, it is within the fundamental news where the optimism for growth and prosperity lies. Read on to hear about the most impactful DeFi stories of the last seven days. What you’re reading is the shorter, snappier version…
Bitcoin continued to plunge overnight—briefly dropping below $35,000 to a low of $34,420 on CoinMarketCap—before beginning a slow rebound on Saturday morning. It’s still down almost 10% over the past 24 hours, according to CMC, and is currently priced at just under $35,000. Bitcoin’s 24-hour low of $34,020.27 saw the cryptocurrency tumble to levels it hadn’t previously touched for six…
