Stakers will earn Chainlink tokens as they participate in a decentralized alerting system that flags the network when feeds are not meeting performing requirements. Blockchain oracle network Chainlink has launched its staking feature to help increase the economic security of the platform’s oracle services.  In an announcement sent to Cointelegraph, Chainlink mentioned that the new...Continue Reading

BTC price action is suffering from FTX, but decentralized blockchains are “as strong as ever,” says ARK Invest. Bitcoin (BTC) and decentralized blockchains are “as strong as ever” in the wake of the FTX meltdown, ARK Invest says. In the latest edition of its monthly newsletter, “The Bitcoin Monthly,” the investment giant came out firmly...Continue Reading

The firm sparked controversy last month after disclosing MetaMask’s data collection practices. In a privacy update published Dec. 6, ConsenSys, the developer of the popular MetaMask browser wallet, said it would reduce its retention of user data such as wallet addresses and IP addresses to seven days. Previously on Nov. 24, ConsenSys updated its privacy...Continue Reading

Ethereum market analysts desperately search for the bottom but ETH price technicals aren’t excluding further downside below $700. Ethereum’s native token, Ether (ETH), eyes a strong bullish reversal after losing 25% from its November high of $1,675, according to a bottom fractal spotted by independent market analyst Wolf. Can Ethereum price co its March 2020...Continue Reading

Three senators said they were concerned about Silvergate following reports suggesting that the bank “facilitated the transfer of FTX customer funds to Alameda.” Three members of the United States Senate have reportedly penned a letter to Silvergate Bank requesting information about any relationship with FTX and business entities under former CEO Sam Bankman-Fried. According to...Continue Reading

The DEX’s operating expenses currently amount to $5 million per year. According to a new proposal dated Dec. 6, Jared Grey, CEO of decentralized exchange Sushiswap (SUSHI), disclosed that the project’s Treasury has less than 1.5 years of runaway left, and the “significant deficit in the treasury threatens Sushi’s operational viability, requiring an immediate remedy.”...Continue Reading

Tony Fadell, the man behind the iPod, iPhone and Nest Thermostat, collaborates with major crypto wallet firm Ledger to build a new cold wallet. Hardware wallet provider Ledger, known for its cold-storage devices, announced its seventh crypto wallet in collaboration with the creator of the original iPod. Tony Fadell, the inventor of the iconic iPod...Continue Reading

While CBDCs will cater to local demands, cooperation between countries could facilitate and support the widespread adoption of readily-available stablecoins. For over 14 years, central banks worldwide have seen blockchain technology deliver highly secure, immutable, verifiable and transparent financial ecosystems, starting with the Bitcoin network. Central bank digital currencies (CBDCs) stood out as one of...Continue Reading

Bitcoin mining difficulty has dropped by its biggest margin since July 2021 amid difficult conditions for miners. Tough market conditions continue to affect the Bitcoin (BTC) ecosystem as mining difficulty drops by its biggest margin since July 2021. A 7.32% difficulty adjustment took place on Dec. 6 at block height 766,080, marking the sharpest drop...Continue Reading

A Twitter user from the United Kingdom spent hours sending micropayments to strangers on the internet to demonstrate the Bitcoin Lightning Network. A Bitcoin (BTC) advocate on Twitter known by the name of ShireHodl, or simply Shire, sent over 110 micropayments to first-time Bitcoin Lightning users in response to Michael Saylor’s Lightning Network pool.  Shire asked those new...Continue Reading