An upcoming interview with Do Kwon, the Co-founder of Terraform Labs and the mastermind of a number of Terra ecosystem coins, has galvanized the crypto community – drawing criticism from some parties before it has even aired. In a preview for the full interview, which will be released later today, Kwon states: “Terra was supposed…
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A scorching hot decentralized finance (DeFi) hack summer continues, with the latest in a string of at least eight protocols to fall victim to an exploit since early June being Acala Network – and it is at least the fourth one in August alone. … Read More: Hack Summer Continues with Acala Becoming the 4th Victim in…
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Meme coins like shiba inu (SHIB) and dogecoin (DOGE) are on the rise in the market, with SHIB, in particular, standing out as the third-best performer among the top 100 cryptoassets by market capitalization over the past week. At press time (09:25 UTC) on Monday, SHIB traded at USD 0.001569, up 0.4% for the past…
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Bitcoin price attempted another upside break above the USD 25,000 resistance but failed. BTC formed a short-term top and corrected lower below USD 24,500. It is currently (11:30 UTC) showing a few negative signs, with major support at USD 23,500. Besides, most major altcoins are correcting lower. ETH is down over 4% and trading below…
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NFT gaming business models could represent an attractive innovation for gaming publishers as they begin to make more of their titles available to play on blockchain. Polygon’s vice president of global business development for gaming, Urvit Goel, believes games that integrate nonfungible tokens (NFTs) have a natural edge on traditional games that don’t allow users…
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New crypto project wants to give online communities their own sovereignty by easily deploying their own blockchain with their own rules Developers and communities will be able to deploy their own sovereign, custom-made blockchains at the “click of a button” says Celestia co-founder Ismail Khoffi. Speaking with Cointelegraph at Korean Blockchain Week 2022 last week,…
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Bitcoin’s highest weekly close since June fails to convince as volatility quickly enters with the start of the new week. Bitcoin (BTC) enters a new week with a bang after sealing its highest weekly close since mid-June — can the good times continue? After a volatile weekend, BTC/USD managed to restrict losses into the later…
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“Freedom in a wallet” is how Member of European Parliament Stefan Berger describes the non-fungible token (NFT) he is now selling on Opensea. The NFT represents a pair of ‘Bergoletten’ slides. Shoes symbolize the first step in every development, says Berger who invested efforts in making sure Europe’s upcoming crypto legislation gets the backing of…
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Vaculug, a British company that brands itself as Europe’s largest independent tire retreader, will now accept cryptocurrencies for its products and services. Its management says the business must move with the times and offer customers more options than pounds and pence. Vaculug to Take Major Coins, Offer Contracts in Cryptocurrency U.K.-based tire retreading firm Vaculug…
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Bitcoin price remained well bid above the USD 24,200 support zone. BTC even climbed above USD 24,500 and tested USD 25,000. It is currently (04:00 UTC) consolidating and eyes more upsides above the USD 25,000 level. Besides, most major altcoins are showing positive signs. ETH surpassed USD 2,000 and started a consolidation phase. XRP might…
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