As the World Economic Forum brings global leaders together to tackle global issues, a number of cryptocurrency and blockchain events will create a vibrant sideshow in the snowy ski destination in the Swiss Alps. Cointelegraph will be on the ground to cover the World Economic Forum (WEF) as well as a host of blockchain-focused events taking place. Key members from…
Month: January 2023
Bitmex Co-Founder Criticizes Former FTX CEO for Not Liquidating Hedge Fund Alameda – Bitcoin News
The Bitmex co-founder, Arthur Hayes, criticized Sam Bankman-Fried, the disgraced FTX co-founder, on Friday after Bankman-Fried published his first blog post on his new Substack newsletter. “All this talk about what Alameda did is misdirection,” Hayes insisted. “It doesn’t matter how they hedged or didn’t hedge, or what dogsh** was in their portfolio.” Bitmex Co-Founder Accuses Former FTX CEO of…
Gemini and Genesis’ legal troubles stand to shake up industry further
With investor confidence seemingly at an all-time low thanks to the recent slew of insolvencies, a new saga seems to be now unfolding in real time. This one involves crypto exchange Gemini’s Winklevoss twins and Barry Silbert, CEO of Digital Currency Group (DCG) — the parent firm behind crypto market maker and lender Genesis. On Jan. 2, Cameron Winklevoss posted…
App-specific blockchains remain a promising solution for scalability
App-specific blockchains, or appchains, are specifically designed to support the creation and deployment of decentralized applications (DApps). In an appchain, each app runs on its separate blockchain, linked to the main chain. This allows for greater scalability and flexibility, as each app can be customized and optimized for its specific use case. Appchains are also an alternative solution for scalability…
Art Blocks NFT Faithful Partied in Marfa as FTX Collapsed
The world’s No. 2 cryptocurrency exchange had just filed for bankruptcy, its boy genius CEO had resigned, and millions upon millions of dollars were disappearing from his company’s wallets in real time with no explanation. But hundreds of miles from the noise of urban financial panic, in an old cattle feed mill in the West Texas desert, dozens of crypto…
Can Canada stay a crypto mining hub after Manitoba’s moratorium?
Canada has remained a peculiar regulatory alternative to the neighboring United States in regard to cryptocurrency. While its licensing process has become more stringent than in some countries, Canada was the first to approve direct crypto exchange-traded funds. State pension funds have invested in digital assets, and crypto mining firms have moved to the country to take advantage of the…
Why Ethereum Bulls Are Turning to LSD
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) The second week of the new year has been a heady week for the coins, with Bitcoin, Ethereum, and Solana racking up serious gains. Zooming in closer, however, the market’s biggest winners are none other than liquid staking tokens, also called “liquid staking derivatives” (LSD). The tokens behind projects like…
This Week in Coins: 2023 Green Streak Continues for Bitcoin, Ethereum, Solana, Avalanche
This week in coins. Illustration by Mitchell Preffer for Decrypt. Knock on wood, but it’s two weeks into 2023, and crypto’s green shoots haven’t been clipped yet. None of crypto’s top 20 coins posted substantial losses this week. Bitcoin (BTC) and Ethereum (ETH) flew higher on encouraging signs that U.S. inflation slowed in December. BTC pushed past $19,000 on Thursday…
BTC Above $21,000 as ETH Hits Fresh 2-month High – Market Updates Bitcoin News
Bitcoin surged to a fresh two-month high on Jan. 14, as crypto markets were significantly higher on Saturday. The world’s largest cryptocurrency jumped above $21,000, as prices rallied for a sixth straight day. Ethereum traded above $1,500 to start the weekend, also hitting its strongest point since November. Bitcoin Bitcoin (BTC) rose for a sixth straight session to start the…
DMCC Crypto Centre Surpasses 500 member companies in 2022 – Emerging Markets Bitcoin News
The presence of over 500 blockchain and Web3 firms inside the Dubai Multi Commodities Centre (DMCC)’s Crypto Centre shows that demand for space is still very high, a statement has said. According to CEO at DMCC Ahmed Bin Sulayem, the “record-high” number of overall new company registrations indicates the extent of investors’ “confidence in the emirate.” New Milestone for DMCC…