Bitcoin on edge as economy falters: 10x report

Yam Finance, an experiential Decentralized Finance (DeFi) protocol, saw its market cap crash down to zero within minutes on Aug. 13. With it, major DeFi tokens, including Compound, Yearn Finance, and Balancer, plunged as well.YAM/USD price performance. Source: CoinmarketcapCompound, the second biggest DeFi protocol in the global market, saw its market cap drop by nearly…

After Ethereum co-founder Gavin Wood left the Ethereum Foundation in 2016, he wrote a white paper for a new kind of blockchain — one that would use an innovative form of sharding and cross-chain communication to achieve the kind of scalability and interoperability that Ethereum 1.0 would never be able to manage. Wood’s new blockchain,…

Amid the delisting and relisting process, Hut8 shareholders received 1 New Hut common stock for every Hut 8 share held, an official announcement confirmed. 131 Total views 1 Total shares Crypto mining companies Hut 8 Mining Corp. and US Bitcoin Corp (USBTC) have combined operations in an all-stock merger of equals to form a new

This interview has been edited and condensed.The author of the "The Bitcoin Big Bang — How Alternative Currencies Are About to Change the World," Brian Kelly calls himself an optimist when it comes to the future of the cryptocurrencies. CNBC’s prominent commentator, who is also the founder and CEO of digital currency investment firm BKCM…

Blockchain startups have raised $822 million in 279 separate venture capital (VC) deals in H1 2019, according to a report by American venture platform Outlier Ventures released on July 7.According to the research, titled “State of Blockchains Q2 2019,” 159 deals out of total 279 were seed stage ones, which shows that a sufficient number…

Bitfury is opening the company up to institutional investment, which it says will help family offices and others to diversify their holdings with Bitcoin mining. 1451 Total views 43 Total shares Bitfury, a mining company established in 2011, announced a partnership program on May 26 that lets institutions invest in Bitcoin (BTC) mining.The program will…

According to Michael van de Poppe, an upcoming surge in global liquidity, fueled by debt refinancing, could trigger the next Bitcoin bull run.

The new body will bring together the financial regulators and creative industries to formulate the policies in the Metaverse. 119 Total views 19 Total shares In an important landmark for the buzzword, The Ministry of Economy, Trade and Industry (METI) of Japan opens its own Web3 Policy Office in the Minister’s Secretariat. The new entity…

If passed, the suspension of both new licenses and renewal applications will last for two years. 304 Total views 21 Total shares New York's legislature might ban proof-of-work (PoW) crypto mining in the state for at least two years, citing environmental concerns. Over the past weekend, on Saturday and Sunday, several crypto advocacy groups — including…