On January 3, 2022, the Bitcoin network will be celebrating its 13th year of life after its creator Satoshi Nakamoto kick-started the protocol. The creator of Bitcoin has always been the community’s most famous and mysterious character. Roughly ten years ago, Satoshi logged off, never to return and it’s very likely the inventor won’t ever come back. Communication Breakdown Satoshi…
Category: News
Cream Finance appears to have suffered major loss in flash loan hack
Decentralized lending platform Cream Finance appears to have suffered a severe exploit on Wednesday, with an attacker stealing over $100 million worth of funds through a large flash loan attack. Blockchain data analytics company PeckShield first identified the flash loan on Wednesday. The compromised funds were mainly Cream LP tokens, as well as other Ethereum-based tokens. #FlashLoanAlert https://t.co/XzAvHqoINN — PeckShield…
How collaborations will leap forward
Artist collaborations are an undeniable cornerstone of modern pop culture. The confluence of creative minds ultimately captured in a single artwork is something that has perpetually aroused audiences, critics and the creative community. Take The Marilyn Diptych, by American pop art pioneer Andy Warhol. The iconic art piece is based on a publicity photograph of Marilyn Monroe for the 1953…
Bitcoin ATMs Double This Year, Exceed 30,000 Globally – Bitcoin News
Locations providing crypto ATM services have increased exponentially this year, according to data compiled by a major tracking site. Bitcoin ATMs have doubled in number since January and close to 80 countries now host teller machines exchanging cryptocurrencies with fiat money. Over 30,000 Bitcoin ATMs Operate Around the World In a year when cryptocurrency markets broke all-time highs, the availability…
Bitcoin price dip matches October 2017 with BTC explosion still forecast before 2022
Bitcoin (BTC) has dipped below $60,000 but BTC price action is still mimicking the eye-popping 2017 bull run. The latest data covering Bitcoins current halving cycle versus its previous one shows just how similar 2017 and 2021 really are. Bitcoin prints more eerie 2017similarities Bitcoin has had its ups and downs this year, but as Cointelegraph reported, BTC/USD has all…
Privacy or policy? Why Facebook’s crypto wallet Novi is facing resistance
The stablecoin market has grown exponentially over the last few months due to the numerous advantages blockchain-based versions of fiat currencies have. But, when Facebook launched its cryptocurrency wallet Novi using Paxos stablecoin, some United States senators were quick to oppose it. Are they concerned about user data or monetary sovereignty? The social media giant which, according to its Q2…
Shiba Inu could surpass Dogecoin after a 700% SHIB price rally in October
Shiba Inu (SHIB) continued its march upward on Oct. 27, with its price hitting a record high of nearly $0.000060 before correcting lower. SHIB rallied by more than 25% to an all-time high of $0.00005959, crossing above its previous all-time high of 0.00005000, according to data from Binance. The latest move upside pushed the tokens month-to-date (MTD) returns to approximately…
How regulation impacts DeFi adoption
Decentralized finance (DeFi) is shaping up to be one of the most important sectors within the blockchain industry. In just the last two years, DeFi’s total value locked (TVL) the total value of assets locked into various DeFi platforms has steadily increased from $21 billion at the start of the year to over $100 billion today. DeFi represents a wide…
Timbaland Dropping Ethereum Music NFTs That You Can Remix
In brief Popular music producer Timbaland is releasing NFT collectibles on Ethereum. The NFT audio chunks can be mixed together via an upcoming web app. Timothy Timbaland Mosley is one of the defining producers of the last 25 years, known for his stuttering beats and lavish soundscapes for artists such as Aaliyah, Missy Elliott, Jay Z, and Justin Timberlake. Now…
The Legends of Bezogia Blockchain NFT Rental MMO Game Takes Gaming Industry by Storm – Sponsored Bitcoin News
sponsored The Legends of Bezogia, the land where everything always goes up, is a massive open-world sandbox-style game where players can summon their own Bezogi characters from a large selection of different breeds by minting in-game NFTs, which randomly generate Bezogi. Each unique to their own playstyles and lore, Bezogi fight, craft and explore the epic lands of Bezogia. Crypto…