In the emerging Web3 world, data is the most valuable commodity, and oracle solutions provide a valuable role in facilitating the accurate and secure transmission of data between blockchains and data sources. One project that is taking a different approach to developing oracles is API3 (API3), a project which harnesses application programming interfaces (APIs) to create first-party oracles through the…
It’s impossible to ban cryptocurrencies in Russia, the country’s minister of finance has stated in his first comments on his department’s latest disagreements with the Russian monetary authority. The two institutions are reportedly failing to reach consensus on crypto regulation but the treasury intends to submit draft legislation despite their differences. Disagreements on Future of Cryptocurrencies Persist Between Finance Ministry…
The quick-moving volatility that the cryptocurrency market is known for reared its ugly head on Feb. 17 as ongoing tensions between Russia and Ukraine and the rest of the world walloped financial markets around and briefly plunged Bitcoin price below the $41,000 level. Data from Cointelegraph Markets Pro and TradingView shows that the crypto market was hit with a wave of selling…
Cointelegraph spoke about the nonfungible token, or NFT, market with Halsey Minor, CEO of NFT publishing platform provider Vivid Labs (VID), which is the parent company of the Live Planet production company founded by actors Ben Affleck and Matt Damon. Vivid Labs offers the VIVID NFT platform that allows creators to build NFT marketplaces on its native blockchain. According to…
Titan Mining has received a $250,000 private equity investment from Digital Finance Group.Titan operates bitcoin mining pools in different continents around the world, while DFG invests in bitcoin and cryptocurrency companies.The investment gives Titan Mining a broader reach in the industry with DFG’s portfolio of partners. Titan Mining, a next-generation bitcoin mining pool utilizing software to bridge efficiency with transparency,…
On Tuesday, the team behind the Umbria network announced the launch of the new Narni cross-chain Avalanche bridge. Umbria says the bridge is 90% cheaper than the official Avalanche bridging solution allowing users to move ether between the Ethereum blockchain and the Avalanche network. Narni Cross-Chain Bridge Adds Avalanche Solution During the last two weeks the price of avalanche (AVAX)…
The Cointelegraph team has scoured the deepest trenches of the blockchain world to find the most artistic, analytical and innovative out there to be featured in this comprehensive list of people and trends that shaped the industry in 2021 and will continue to drive it further in 2022. 2021 was a year like no other. With El Salvador making Bitcoin…
Ukraine’s parliament, the Verkhovna Rada, has approved some significant amendments in the country’s major cryptocurrency-related legislation known as the bill “On Virtual Assets.” The Ukrainian Rada passed the legislation in the second reading during a plenary session on Thursday, with 272 out of 365 deputies supporting the bill. The deputies specifically approved several bill recommendations by Ukraine’s President Volodymyr Zelensky,…
Despite Thursday’s selloff in cryptocurrencies, cosmos managed to hit its highest level in the last week. The rally came as one of yesterday’s big gainers, THETA, slipped in today’s session. Biggest gainers Cosmos (ATOM) moved higher in today’s session, despite the global cryptocurrency market cap falling by over 3% as of writing. ATOM/USD rose to a peak of $30.79 earlier…
Late Wednesday, internet detective and Youtuber Coffeezilla published a new video documenting how himself, along with members of the blockchain community, took down an alleged $20 million nonfungible tokens, or NFT, scam before it could come to fruition. As told by Coffeezilla, a lot of user hype previously existed for a novel crypto project called “Squiggles,”, which had an NFT…
