As cryptocurrency being explained and predicted as the future cash in the mainstream TV sitcom Simpsons, the crypto fans are cheering for a bull run. One of the latest episode of “The Simpsons” aired has just aired featuring Jim Parsons of Big Bang Theory appearing as a guest star to explain cryptocurrencies and how a…
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From payments to asset management and even data privacy, DeFi solutions are spreading across multiple sectors. As the new decade unreels, a new wave of disruption seems to be coming to the shores of the global financial system. That wave is called decentralized finance protocols. Decentralized finance, or DeFi, simply refers to financial software that…
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As the Bitcoin halving approaches, analysts are guessing whether Bitcoin’s price will actually increase after it goes through the halving event. The renowned Mike Novogratz, founder of digital assets merchant bank Galaxy Digital, has once again voiced his predictions on the price of Bitcoin (BTC) in light of the impending Bitcoin halving set for May…
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The Lightning Network was found to be more centralized than initially believed, increasingly relying on hubs through a core-periphery model observed by researchers. The Lightning Network’s (LN) configuration is becoming increasingly centralized, with multiple hubs being formed. This is the finding of a yet-to-be-reviewed research paper, released on pre-print site arXiv on Feb. 7. A…
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Following two significant attacks on lending protocol bZx, what are the potential ramifications for the DeFi sector? Earlier this week, the decentralized lending protocol bZx was exploited in back-to-back “flash loan” attacks. While the two exploits were distinct, the end results remained the same. In total, $954,000 was gleaned from the platform. But what exactly…
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With the final verdict on TON expected before April 30, most crypto analysts believe that the court’s decision will favor the U.S. SEC. The United States Commodity Futures Trading Commission has recently weighed in on the Security and Exchange Commission’s ongoing legal battle with Telegram by filing a letter that contained its views on the…
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Regulators should aim to influence public behavior rather than rule with an iron fist when it comes to emerging industries such as blockchain, a new paper argues. Regulators should aim to influence public behavior rather than rule with an iron fist when it comes to emerging industries such as blockchain. Two Israel-based academics, Hada Jabotinsky…
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This week’s crypto and blockchain news in audio format. The Bitcoin community collectively facepalmed after BTC fell back below $10,000. It was the result of an $800 crash that took place over the course of one hour, the fifth-largest one-hour drop ever recorded. But some analysts are calling for an unprecedented rally ahead of the…
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A SIM card attack reportedly sees a total of $45 million stolen, while the consequences for Bitcoin Cash will be severe, warns Dovey Wan. Altcoin Bitcoin Cash (BCH) has become the subject of intense speculation after a major investor claimed he lost $30 million in a wallet hack. In a now-deleted Reddit post from Feb.…
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Accused Irish drug trafficker Clifton Collins has ostensibly lost the keys for his $56 million worth BTC accounts earlier confiscated by the police. Dubliner Clifton Collins, who was recently imprisoned for drug trafficking, claims that robbers took the keys to the $56 million in Bitcoin (BTC) Irish High Court had ruled should be confiscated. After…
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