Researchers from Florida Atlantic University and the University of Mississippi recently published research indicating that blockchains with “full” blocks — especially when there’s a transaction queue — appear to have an added layer of protection against nefarious actors, money launderers, and would-be fraudsters. Dubbed, “Bitcoin Blocksize, Custodial Security, and Price,” the team’s paper takes a deep dive into the Mt.Gox…
The Federal Reserve Board continues to research a central bank digital currency (CBDC), or at least adjacent technologies, vice chair Michael Barr said on Oct. 27. He also touched on stablecoins at the Economics of Payments XII Conference where his English colleague Sir Jon Cunliffe made his last speech as deputy governor of the Bank of England (BOE). The Fed’s…
For both novice and experienced cryptocurrency users, the concept of a seed phrase is central to managing and securing digital assets. This string of words holds immense power in the crypto domain, acting as a master key to your digital funds. It’s your lifeline in scenarios like loss or hardware failure, yet its importance is often underestimated. As a seasoned…
The jury overseeing the criminal trial of Sam “SBF” Bankman-Fried listened to the former FTX CEO’s testimony for the first time, which involved largely denying knowledge of fraudulent activities at the crypto exchange. According to reports from the New York courtroom on Oct. 27, Bankman-Fried suggested Wang, the former chief technology officer at FTX, had been partly responsible for creating…
Cryptocurrencies operate on blockchain technology, which relies on consensus mechanisms to maintain trust and security. Two major consensus algorithms are proof of work (PoW) and proof of stake (PoS). Each has distinct features that affect how a blockchain network functions. In this article, I’ll explore these differences to help you understand their implications in the world of cryptocurrencies. Understanding Proof…
Binance CEO Changpeng Zhao’s crypto empire has fallen over 80% from its January 2022 peak of almost $97 billion. Source: https://cointelegraph.com/app/public/index.php/news/binance-ceo-changpeng-zhao-fortune-slashed-billionaires-index
Bitcoin (BTC) surfed $34,000 at the Oct. 27 Wall Street open as attention turned to BTC price performance against macro assets. BTC/USD 1-hour chart. Source: TradingView Bitcoin range faces weekly, monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding steady, preserving its early-week gains. The largest cryptocurrency avoided significant volatility as the weekly and monthly closes —…
In brief Lido Finance is one of the largest staking projects in the industry. Instead of having to cough up 32 ETH, anyone can start staking with any amount. Unlike other stakers, Lido keeps users liquid by offering them a Staked ETH token. If you’ve been following Ethereum for the last three years, you’ve also likely heard of Lido Finance.…
Cointelegraph Accelerator, a startup booster that leverages Cointelegraph’s capabilities as a media and strategic partner, announced its second cohort launching in October 2023 for up-and-coming Web3 startups. Selected from over 1000 startup applications, the 16 participants of the second cohort of the Cointelegraph Accelerator program represent a wide array of Web3 verticals, including decentralized finance (DeFi), fintech, wallets, entertainment, social,…
Bitcoin has delivered gains that “set the foundation for a resumption of the 2023 uptrend,” says the latest BTC price analysis from Glassnode. Source: https://cointelegraph.com/public/index.php/news/bitcoin-2023-uptober-btc-price-research
