Bitfarms stock rises 22% after Q2 loss came out better than expectations

Crypto platform ILCoin says it is developing a “modern alternative to bitcoin” without scalability issues by using “pioneering technology” called command chain protocol (C2P).The protocol of C2P, created by ILCoin, is supposed to solve the main problem of the Bitcoin blockchain — the lack of scalability — by enlarging the block size. The startup says…

Bitcoin (BTC) futures are starting to see record discounts as sentiment among derivatives traders worsens. In its latest dedicated report issued Aug. 23, analysis firm Arcane Research painted a worrying picture of morale among BTC futures participants.Futures basis revisits June lowsAfter an initial shock during June’s BTC price drop, which has since held as a macro…

Most people who have dealt with cryptocurrencies in any capacity over the last couple of years are well aware that there are many projects out there offering eye-popping annual percentage yields (APY) these days. In fact, many decentralized finance (DeFi) protocols that have been built using the proof-of-stake (PoS) consensus protocol offer ridiculous returns to their…

Security is paramount in crypto. “Keep your hardware wallets safe,” we're told. “Keep your private keys safe.” “Keep your seed words safe.” “Keep your computer safe.” This list could go on almost indefinitely, and while you might be forgiven for assuming that it contained only objects of an electronic or cryptographic constitution, you'd be wrong.…

Cardano launched its first Alonzo smart contract testnet on May 27. On June 11, IOHK confirmed that Alonzo is now able to deploy smart contracts. 1070 Total views 3 Total shares More than $30 billion worth of Cardano’s ADA has been staked in anticipation of a major milestone in the network’s evolution — one that…

Uniswap now accounts for more gas fees than anyone else on the Ethereum network. Press time data from EthGasStation shows decentralized exchange Uniswap as the place users have spent the most Ethereum (ETH) on gas payments over the past 30 days. Uniswap participants shelled out a combined 17,700 total ETH as fuel to send their…

A company has released the beta version of its cryptocurrency mining platform – the first iteration of “simple to setup, highly automated” software that is aimed to appeal to newbies and seasoned professionals alike.Cudo Miner says its offering is a GUI miner, which in other words is a graphic frontend for its interface. Its accessible…

The Royal Bank of Canada (RBC) — the largest bank in Canada with $499 billion in assets under management — will not launch its own digital currency trading platform, contrary to previously published news.Last week, rumors that the RBC was exploring the possibility of launching its own cryptocurrency exchange began circulating the internet on a…

Coinbase Card users owning supported Android phones can now avoid using the physical card. Through an integration with Google Pay announced on March 17, the card can be emulated by a mobile phone.The Coinbase Card connects a holder’s cryptocurrency balance on the exchange, which is then used for spending crypto via an instant conversion to…