Samson Mow, former chief strategy officer at Blockstream, is convinced that DeFi protocols can’t compete with Bitcoin as monetary networks due to their lack of decentralization. Samson Mow, former chief strategy officer at Blokstream and founder of JAN3, is convinced that most decentralized finance protocols can’t compete with Bitcoin when it comes to providing an...Continue Reading
The financing round was led by Liberty City Ventures, with participation from blockchain platforms and venture capital firms, including Animoca Brands and Dapper Labs. OneFootball, a German football media application, has raised $300 million in a Series D round to grow the company’s presence on Web3 and develop new features on its platform. According to...Continue Reading
The U.S. dollar currency index breaks through resistance to hit its highest level since 2002 — to the detriment of practically everything. Bitcoin (BTC) made a fresh bid to crack $40,000 on April 28 as Wall Street trading opened to twenty-year highs for U.S. dollar strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView DXY now...Continue Reading
The notion of crypto being a tool for money laundering is often propagated by naysayers that include policymakers with a stake in the traditional financial system. Governments around the globe have also become more aware of the crypto market and the various ways in which it can be regulated. Despite a growing adoption rate and...Continue Reading
Can Ethereum’s rebrand from Eth2 help manage the high expectations, and what can be expected from the Migration? Cointelegraph Research unveils its report. Ethereum 2.0 has been a highly anticipated development in the crypto industry. A recent Cointelegraph research report asks if Ethereum is still on track to defend its crown as the prime network...Continue Reading
Strong hype around the move-to-earn sector helps GMT price establish a new record high. The native tokens of move-to-earn lifestyle app STEPN swung higher on news that they would be available to trade on Coinbase, a U.S.-based crypto exchange. The price of STEPN’s governance token Green Metaverse Token (GMT) rallied by nearly 20% to reach over...Continue Reading
Bitcoin network hash rate hit a new record high, seeing a 400% increase since the mining ban by China last year. The hash rate of the Bitcoin (BTC) network hit a new ATH, even when the price of the top cryptocurrency struggled to get past the $40K mark. The network’s hash rate hit a new record...Continue Reading
A Redditor from the United States cashed in on all of their Bitcoin to pay for their dog, Derby’s cancer treatment. How much is a doggo’s life worth? For one Redditor, “dojeckahedron” saving their pooch from the clutches of cancer is worth their entire Bitcoin (BTC) stack. In a tearjerker of a Reddit post, the...Continue Reading
“Freedom Day means you are free to use your own money to live your best life,” said BitcoinZAR, a Bitcoin advocate in South Africa. On Wednesday, South Africa celebrated Freedom Day, which honors the country’s first post-apartheid democratic election in 1994. Cointelegraph reached out to different notable individuals in the South African crypto community to...Continue Reading
Having supported Zugs Crypto Valley in the early days and founded Crypto Oasis in Dubai to serve as blockchain innovations hubs with regulatory certainty, Ralf Glabischnig is practically a node of the blockchain industry. When Bitcoin companies began pouring into his small town in Switzerland in 2013, Ralf Glabischnig was an IT consultant turned entrepreneur...Continue Reading
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