Bitcoin drops 3% as US sellers spark sub-$65K BTC price targets
Bitcoin offers buyers a “flash sale” with a dip below $67,000, but traders warn that the BTC price retracement may not be done yet.
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99-year-old Hungarian artist’s computer generated NFTs sold for $1.2M
Vera Molnár pioneered the use of computer-generated art in the latter half of the 20th Century. 157 Total views 5 Total shares Computer-generated nonfungible tokens (NFTs) created by Hungarian artist Vera Molnár in collaboration with Martin Grasser sold out during Sotheby's Dutch auction for 631 Ether (ETH), or around $1.2 million, in less than one…

Criminal Activity in Crypto: The Fact, the Fiction and the Context
It’s the clichéd rhetoric of choice for anyone seeking to discredit crypto. An ace in the hole for any argument against its proliferation. The go-to thesis for those who know very little about cryptocurrency but wish to appear otherwise. The idea that cryptocurrencies are solely utilized within illicit activities has become both a tool for mass…

How One Line of Code Destroyed Yam DeFi
A single mistake cost them everything. The now notorious project, Yam.Finance, was launched without a proper code audit just like many other projects in the space. Richard Ma, the CEO of blockchain security company Quantstamp, told Cointelegrpah that many DeFi projects are launched unaudited in order to capitalize on reverse psychology:“Not having an audit is…

Korean crypto bank partners with Blockdaemon to offer retail staking services
In January, Delio was granted Virtual Asset Service Providers (VASP) approval by the Korean Financial Intelligence Unit. 215 Total views 10 Total shares Crypto-focused finance company Delio has partnered with Blockdaemon to launch retail-focused staking services, giving customers a more seamless way to earn rewards on their digital asset holdings.Delio’s staking services expand its existing…

Report: Blockchain and Crypto Firms in Malta Face Difficulty in Finding Banking Services
Blockchain companies in Malta are reportedly struggling with opening bank accounts, local news outlet the Times of Malta reported on Mar. 1.The Times of Malta allegedly contacted a number of legal firms and financial companies, who confirmed that banks were declining their applications to open bank accounts, saying that it was beyond their “risk appetite.”…

Elixxir Announces Its New Privacy-Minded Token, the XX Coin
In a fireside chat with Cointelegraph Executive Editor Jay Cassano at BlockShow Asia 2019, Elixxir President Jim Dolbear announced the launch of xx coin, a digital currency that will support decentralized messaging, payments, and dApps on the associated xx network.“The way this all unfolded originally had to do with privacy associated with political expression. Who…

Can Bitcoin survive a Carrington Event knocking out the grid?
by Aaron Wood 9 min December 13, 2022 A massive Carrington Event-level solar storm could knock out the majority of electronics on earth. Would crypto survive everything going offline at once? “In a massive solar storm, which would be hugely damaging to a modern economy’s infrastructure, the blockchain parts might well be the only parts…

Celsius’ mining arm announces $1.3M sale of equipment
According to Celsius, Touzi Capital made the best offer for the mining rigs following discussions with “several brokers and market participants”. 566 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe mining arm of crypto lender Celsius Network has issued a notice for the sale of $1.3 million…