The crypto market crashed, and the total value locked (TVL) in decentralized finance (DeFi) is not here for it. Nonetheless, it bounced back. TVL crashed 62% today, from USD 649.497 million to USD 244.398 million, before recuperating to where it currently (UTC: 10:24) stands: USD 641.6 million, according to DeFi Pulse. Nonetheless, this is a…
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As investors are looking for safety in cash, can bitcoin (BTC) become more attractive than cash? How low might BTC go and how long will this downturn last? What to watch for before making an investment decision in the nearest future? What can we expect from institutional investors and what are the long term perspectives…
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U.S. ISIS supporter gets 13-year sentence for funding the terrorist organization using cryptocurrencies including Bitcoin back in 2017. A United States federal court has sentenced a U.S. citizen to 13 years in jail for laundering money for ISIS using Bitcoin and other cryptocurrencies. Per a Department of Justice announcement on March 13, Zoobia Shahnaz of…
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Ethereum co-founder and founder of Cardano, Charles Hoskinson, pronounces the 20th-century world order dead. Ethereum co-founder and founder of Cardano, Charles Hoskinson, pronounced “the economic order of the 20th century” dead in a recent YouTube livestream. By “the economic order of 20th century”, Hoskinson means a centralized hierarchical economy that was built through “a series…
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An audit report of Voatz platform confirms numerous issues previously discovered, and the voting app declines to make all the necessary changes. Voatz, the Massachusetts-based company touting a blockchain-enabled mobile voting app, has been met with public criticism for a lack of transparency, among other things, particularly when it comes to data security. And with…
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Multiple crypto exchanges around the world struggled to deal with the unexpected crash that has seen bitcoin (BTC) crash to as low as USD 4,000 before rebounding to more than USD 5,500 – leading some to take “emergency measures.” A number of major exchanges suffered with technical issues as some coins lost around half of…
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Industry experts tout blockchain as a development driver in Africa across a number of sectors at the Blockchain Africa conference. Impressive use-cases of blockchain technology have come to the fore after the conclusion of the 2020 Blockchain Africa Conference in South Africa. The event went ahead as planned in early March despite the global coronavirus…
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Source: iStock/da-kuk Things are not as grim as they seem, find many hardcore Bitcoiners. Sure, the situation is bad currently, but it’s just a period that has its end, at that end await more investors, and the entire situation should be used to buy more bitcoin (BTC), they say. Good for gold and bitcoin Anthony…
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Friday 13 proved to be an unlucky day for a South Korean cryptocurrency exchange, and for one staff member in particular – with an employee error at Coinone leading to the platform apparently frittering away some USD 82,000 worth of ethereum (ETH) in fees on a transaction worth a fraction of a cent. It appears…
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After falling by a historic 40% before recovering slightly yesterday, bitcoin (BTC) is today recouping some of its heavy losses, posting double-digit gains in the early hours of Friday trading. Today’s rebound comes after the number one digital asset once again saw heavy selling around midnight UTC time, pushing it as low as USD 3,858…
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