digital

Insight on Liquidity from DeFi Protocols

Over the last year and a half, decentralized finance has had an explosion of activity. Lending and borrowing decentralized applications, margin trading, liquidity protocols, stablecoins, insurance and derivatives have all grown in user numbers, in on-chain activity and in product maturity. As DeFi has grown, the need to exchange value from one form to another has grown with it, and multiple liquidity providers have stepped up to service this growing need for liquidity. This is the natural evolution of any system, introducing expanding functionality and connectivity and as it grows. Based

New Report links Satoshi Nakamoto with the Monero Whitepaper

The identity of Bitcoin creator (or creators) Satoshi Nakamoto is still one of the most highly debated questions in the crypto space today. However, a new research report is suggesting that the creator also developed another prominent digital asset. According to new research by Monero Outreach, the privacy-focused digital asset may also be the creator of Bitcoin. Using Monero to “Fix” BitcoinMonero was developed in 2014 as a means of addressing some of the privacy issues that Bitcoin had at the time. Up till today, the asset remains one of the most private digital

The Sandbox Sells 3400 Ether Worth of Virtual Land in Five Hours

The Sandbox (TSB), a mobile creation game on Ethereum, announced on April 1 that its third presale of virtual land had generated 3,400 Ether ($450,000) in sales.The March 31 presale sold 12,384 pieces of LAND — virtual spaces in the game — in just five hours. That equates to approximately 10% of the total 166,464 pieces in the game, with most of it snapped up in the first thirty minutes. TSB has quickly become one of the most coveted blockchain games on the market, with more than 40 million downloads. The

Indian Cryptocurrency Exchange to Expand Internationally

An Indian cryptocurrency exchange, BuyUcoin, has just received a license to expand internationally, according to a report from Business Standard.Apparently, the platform received what is called a crypto trade and wallet license from Estonia. Based in Delhi, BuyUcoin will only expand to countries with a clear regulation for cryptocurrencies.Speaking on the matter is BuyUcoin CEO and a co-founder of the project, Shivam Thakral:“The incredible judgment will lead to economic growth, job creation, investment opportunities along with overall mass adoption for blockchain and cryptocurrency-based products and services. At BuyUcoin, we strive

Ethereum Founder Tells Bitcoin Dev: BTC Wasn’t Always ‘Digital Gold’

Ethereum co-founder Vitalik Buterin was involved in a spat with a Bitcoin developer on Twitter yesterday, when he suggested BTC was originally designed to be P2P cash, not digital gold.Replying to Blockstream employee Zack Voell who claimed that Bitcoin was, is, and always shall be digital gold, Buterin pointed out the narrative had changed since 2011:“I joined Bitcoin land in 2011 and back then I remember a clear vibe that Bitcoin was P2P cash first and gold second.”Source: Twitter: Vitalik Buterin, Zack VoellButerin’s view that Bitcoin was originally intended to

CMT Digital Head Says BTC Trading Still Strong Despite Global Conditions

Amid global coronavirus fears and plunging mainstream markets, Bitcoin (BTC) trading has remained largely unchanged, according to CMT Digital head of trading and business development, Brad Koeppen.“Bitcoin trading has not been that different,” Koeppen told Cointelegraph in a March 31 email. “Volatility and volumes saw an uptick as BTC sold off with the traditional markets but high volatility is nothing new in Bitcoin.”Koeppen also referenced the problems seen on exchanges around the time of Bitcoin’s massive drop between March 11 and 13, noting that this is “nothing new” in the

U.S. Crypto ATM Network Helps to Promote Social Distancing

Bitcoin Depot, the largest Bitcoin ATM operator in the world, has begun powering down some of its machines in an effort to halt further spread of COVID-19.As much of the world sits in quarantine, Bitcoin Depot has chosen to temporarily shut off crypto ATMs which specifically reside in high traffic areas. The company is undertaking this push as a way to encourage social distancing.“As we monitor the ongoing situation, the number of locations temporarily taken offline will likely increase,” Bitcoin Depot’s director of product, Alona Lubovnaya, told Cointelegraph in an

Vitalik Buterin: Ethereum is DeFi Chain as Much as Bitcoin is Digital Gold

Ethereum co-founder, Vitalik Buterin has recently asserted that aside from the numerous potential applications of Ethereum in various areas, its use as a cryptocurrency, for settlements, cannot be overlooked. This is coming after Ryan Sean Adams, the founder of Mythos Capital, shared how Bitcoin Maximalists are trolling him about how pointless Ethereum is. Got Maximalists trolling me about how pointless Ethereum is meanwhile I just sent a crypto backed stablecoin in a private transaction on the Ethereum mainnet peer-to-peer w/o a bank Keep trolling We’ll keep building the bankless future

Printer Goes Brrrr: Rich Dad Poor Dad Author Calls Bitcoin People’s Money

The outbreak of the Coronavirus pandemic has wreaked havoc on global economies, which has left the less privileged in most affected nations exposed to series of hardships and has made many experts provide insights on possible ways to avoid such reoccurrence in the future. Robert Kiyosaki, a bestselling author of popular financial literacy book, Rich Dad Poor Dad, is the latest to weigh in on the topic as he encouraged his followers on Twitter to save their money via Bitcoin instead of fiats currencies. Kiyosaki who recently started a series

Evolution of‘Payments’ Will Bolster Next-Generation Businesses

Humans have always been on a developmental journey. When we are born into thousands of years of inventions and improvements, it’s easy to take for granted what’s around us— as if they always existed. We seldom think about the changes it took to get to where we are.Take for example, the creation of language and how that opened up a new course in human history. How it led to communication, collaboration, communities and organizations. From there, people organized a set of doctrines and came up with story-telling, a precursor to