Bitcoin’s fair value: BTC may never fall below $60K, says economist

Major blockchain project Polkadot to define the final denomination of its native DOT token with real DOTs. 1173 Total views 14 Total shares Blockchain interoperability protocol Polkadot is planning to run another vote in regard to the denomination of its native token, DOT.Following a similar vote conducted on Polkadot’s “wild cousin” network, Kusama, in May…

Will competing companies come out of the woodwork? 4988 Total views 21 Total shares After much anticipation, Coinbase listed on the Nasdaq on Wednesday via a direct listing. Skybridge founder Anthony Scaramucci thinks the event should have been met with more attention from banks. “What I’m surprised about frankly is there isn’t a wake-up call at…

Nomad announced that it’s offering up to a 10% bounty to return funds stolen from the recent hack on the Nomad bridge on Aug. 2. 190 Total views 4 Total shares Nomad announced a bounty of up to 10% for the return of the stolen funds from the Nomad bridge. In a website announcement and…

The European Securities and Markets Authority (ESMA) has announced it is examining Initial Coin Offerings (ICOs) to determine how they should be regulated, Reuters reported Oct. 8.The ESMA was established in 2011 in Paris, France, with an objective to develop a common rulebook for European Union (E.U.) financial markets and supervise them. The ESMA also…

According to the blockchain security firm, Aave’s Earning Farm was compromised by a reentrancy attack on Aug. 9. 319 Total views 2 Total shares Blockchain security firm PeckShield revealed fresh vulnerabilities targeting decentralized finance (DeFi) projects on Aug. 9. According to the firm, Aave’s Earning Farm has been compromised by a reentrancy attack, resulting in…

Digital currency mining firm Riot Blockchain has begun deploying around 3,000 new units of S17 Pro Antminers as part of the full upgrade of its Oklahoma City mining facility.Per a Jan. 8 press release, Riot now operates nearly 3,000 more S17 Pro Antminers it purchased from Chinese mining giant Bitmain. The new mining machines are…

Mode’s crypto arm Fibermode is now an official crypto asset firm in the United Kingdom, pursuant to FCA’s amended AML regulations. 169 Total views 1 Total shares Mode Global Holdings, a London Stock Exchange-listed fintech group, has secured major regulatory approvals for cryptocurrency and fintech operations in the United Kingdom.The company announced Thursday that Mode…

The Dallas Mavericks owner contends that Bitcoin replacing the legacy financial system will be a net positive for society and the environment. 6867 Total views 59 Total shares Billionaire investor Mark Cuban will not be following in Tesla CEO Elon Musk’s footsteps in withdrawing support for Bitcoin (BTC) payment.Tweeting in response to Musk on Wednesday,…