Wrapped Bitcoin supplied on Aave hits record high despite backing fears 

Hop plans to roll out support for additional crypto assets and layer-two networks in the coming weeks. 412 Total views 4 Total shares Hop Protocol, a team working on interoperability within Ethereum’s layer-two ecosystem, has launched its Hop bridge for the first time. A July 12 blog post notes the bridge has been launched with limited…

The use of renewable energy for cryptocurrency mining has seen considerable growth, according to a new report. The rising energy demand of proof-of-work cryptocurrencies such as Bitcoin (BTC) has been a hotly debated topic. But the 3rd Global Cryptoasset Benchmarking Study by the University of Cambridge shows that 76% of cryptocurrency miners use electricity from…

On August 31, 2020, Morpher Labs announced the launch of its flagship Ethereum-based contract trading and prediction market platform, Morpher, with the stated goal of providing users unlimited access to long-and-short trades of real-world stocks, commodities, and FOREX markets. The technical obstructions of such a goal, however, have historically proven tricky to navigate. In a recent interview…

Fran Finney has confirmed that recent transactions from a 2009 Bitcoin wallet were not her husband's coins. 2030 Total views 35 Total shares Recent Bitcoin (BTC) transactions sent from an 11-year-old wallet were not those of famed computer scientist Hal Finney, as confirmed by Finney's wife Fran. "Very odd," Fran Finney told Cointelegraph when questioned on…

Institutional investors are returning to accumulate Grayscale Bitcoin Trust (GBTC) shares as the discount to spot price his risen to nearly 30%, data on Glassnode shows.Since December 2021, some weekly sessions saw investors pouring in between $10 million and $120 million into Grayscale's flagship fund. Meanwhile, the biggest capital inflow — amounting to nearly $140…

Trading is neither an exact science nor art. It is a mixture of both. There are scores of publicly available indicators and each claims to be the best. However, none of them are perfect or designed to be used in isolation.One of the more popular indicators widely used by several traders is Bollinger Bands, an…

Ahmet Usta went from studying aircraft to founding thriving Web3 startups focusing on gaming and NFTs. 224 Total views 17 Total shares A popular adage says that the path to success is not a straight line. Sometimes, it leads to various detours along the way, like learning about developing aircraft, being a writer, keeping an…

Ethereum is most likely not a security under existing United States laws, as previously said by U.S. Securities and Exchange Commission (SEC) Division of Corporate Finance head William Hinman."Based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current offers and sales of Ether are not securities transactions,”…

The news also comes as DOGE proponent Elon Musk is expected to pump the token price during his Saturday Night Live appearance this week. 2490 Total views 14 Total shares At more than $52 billion, the market capitalization of meme-based cryptocurrency Dogecoin (DOGE) has already passed that of Twitter, U.S. car manufacturer Ford, and now,…