Bitcoin has been outperforming Ethereum in the past few days as one popular trader says this is a result of “simple math.” Bitcoin (BTC) has been outperforming Ether (ETH) in the past several days as BTC surged above $50,000 for…
Kategorie: Crypto Flash News
Algorithmic stablecoins aren’t really stable, but can the concept redeem itself?
Amid much fanfare, many algorithmic stablecoins have not been stable. Is the problem intractable, or it’s the just the algorithms that aren’t good enough? Amid the meteoric rise of decentralized finance in 2020, there was persistent interest in a class…
Another crypto firm hit with fines for violating U.S. sanctions
BitPay apparently screened merchants but not customers. BitPay will have to pay the U.S. Treasury’s Office of Foreign Asset Control over half a million dollars for crypto services to sanctioned regions. In a Feb. 18 announcement of the settlement, OFAC said…
‘I’ve taken a neutral view’ on Bitcoin, says Bill Gates
“Bitcoin can go up and down just based on the mania or whatever the views are,” said the Microsoft co-founder. Microsoft co-founder Bill Gates is the latest prominent tech figure to seemingly try to stay out of the fray when…
As faith in audits falter, the DeFi community ponders security alternatives
Can new code review models solve DeFi’s audit problem? As the attacks launched against popular decentralized finance (DeFi) protocols grow ever-more complex, the efficacy of audits from major security companies have in turn come under scrutiny — and some members…
Cosmos launches Stargate, paving the way for interoperable DeFi applications
IBC is finally released, allowing the dozens of Cosmos blockchain projects to communicate with each other. After months of development, the Cosmos (ATOM) project has launched the Stargate update, which includes the highly anticipated Inter-Blockchain Communication protocol, or IBC. Announced…
Israeli digital securities exchange gets preliminary green light from regulators
The Israel Securities Authority has approved a request from Simetria to operate a digital bulletin board for investors ahead of its digital securities exchange launch. An Israeli start-up that aims to establish a digital ledger technology-based digital securities exchange in the…
Spiderman NFT sells for 12.75 ETH as Marvel comic artists land on Ethereum
With great rarity apparently comes great value. An Ethereum-based Spiderman NFT just sold for $25k as Marvel comics enter the blockchain realm. A unique Spiderman drawing by Marvel comics artist Adam Kubert has sold for 12.75 Ether (ETH) ($25,000) after being…
‘Insane’ Bitcoin price consolidation means $48K is the new BTC support level
A fundamental shift in technicals suggests that bulls should treat $48,000 like the new $35,000, says Glassnode. Bitcoin (BTC) has seen “unreal” price consolidation since the start of February 2021 — and fundamental support is now at $48,000. According to…
Ethereum hits new all-time high near $2K as analyst says 2021 bull run is different
Today’s Ether market is nothing like it was in 2018, says Ki Young Ju, as data reveals huge Coinbase outflows taking place last year. Ether (ETH) hit fresh all-time highs and neared $2,000 for the first time on Feb. 18…