According to leaked audio obtained by CNBC, the crypto lender Celsius wants to create an IOU cryptocurrency in order to pay clients back. The audio was provided by a Celsius customer and the recording explains the bankrupt crypto lender wants to create a form of “wrapped tokens” that represents a ratio of what customers are owed and what the firm…
Bitmatrix, an automated market maker (AMM) protocol, has released its mainnet beta which will allow bitcoiners to create their own liquidity pool and perform trustless swaps on the Liquid Network, per a press release sent to Bitcoin Magazine. Image via press release Users looking to create their own liquidity pools need only connect the Bitmatrix web interface to their Marina…
The Bitcoin network has been operational for 5,012 days and so far, more than 755,000 blocks have been mined into existence. During the last year, Foundry USA and Antpool were the top two miners as the combined pools collectively mined 18,229 blocks out of the 53,510 blocks mined this year. Foundry is the leader this year, but all-time statistics show…
For years, various blockchain projects were rumored to be future “Ethereum killers,” projects that would unseat Ether from its throne and usurp its title as the top digital asset. That day seems to have come, though it appears it was an inside job. Lido-staked Ethereum (stETH) and other liquid staking derivatives are primed to render Ether (ETH), as an asset,…
Grayscale Bitcoin Trust (GBTC), a cryptocurrency fund that currently holds 3.12% of the total Bitcoin (BTC) supply, or over 640,000 BTC, is trading at a record discount compared to the value of its underlying assets. Institutional interest in Grayscale dries up On Sep. 23, the $12.55 billion closed-end trust was trading at a 35.18% discount, according to the latest data.…
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging…
Dogecoin rallied to a one-month high to start the weekend, as markets marginally rebounded on Saturday. The token rose by as much as 10% in today’s session, racing past a key resistance in the process. Solana was another notable gainer, as it hit an 11-day high. Dogecoin (DOGE) Dogecoin was one of Saturday’s most notable movers, as the meme coin…
It’s a question that’s infatuated scientists for decades: how can we prolong life expectancy — giving humans everywhere more years of good health? This field is known as longevity science, and within this industry, experts argue care which regards ageing as a normal but treatable ailment are rare — and of the approaches available, they can only be accessed by…
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) The DeFi sector’s largest decentralized exchange is embarking on a major expansion. In an interview this week at the Messari Mainnet conference in New York, Uniswap Labs COO Mary-Catherine Lader told Decrypt that the team behind the protocol has its eye on “several new products” to continue growing the exchange’s…
This week in coins. Illustration by Mitchell Preffer for Decrypt. The prices of crypto market leaders Bitcoin and Ethereum dipped on Wednesday following news that the United States Federal Reserve was hiking interest rates by another 75 basis points to stem the effects of inflation. Back in June, when the Fed first raised interest rates by 75 basis points this…
