In 2012, Bitcoin Black Friday was launched as a way for Bitcoiners to hack the mainstream consumerism holiday and promote their favorite technology as a killer tool for payments and encourage merchant adoption. Thousands of merchants have participated by offering discounts for customers who pay in BTC, but the celebration fizzled in 2017 as the Read more…
Tag: Blockchain
South Korean Bitcoin Exchange Bithumb Reportedly Raided by Police
The popular Bitcoin exchange Bithumb in South Korea has reportedly been raided by the authorities. This happened because of fraud allegations. Bithumb Accused of Fraud by South Korean Police According to a report by a local news outlet, the Intelligent Crime Investigation Unit of the Seoul Police authorities raided South Korea’s largest cryptocurrency exchange Bithumb. Read more…
OKEx CEO Jay Hao: Many People Will Lose Money In DeFi (Exclusive Interview)
OKEx has become one of the largest cryptocurrency exchanges in the past several years. The company’s growth is continuously emphasized by the trading volume and the growing user base. CryptoPotato recently had the opportunity to do an exclusive interview with the CEO of the company – Jay Hao. Hao spoke of the challenges OKEx has Read more…
Defi Is Coming to Qtum as Ethereum Rival Launches $1M Defi Dev Fund
Blockchain smart contract network Qtum has become the latest ecosystem to woo Ethereum developers. Unlike many of its rivals, however, Qtum can boast compatibility with Ethereum’s EVM, meaning developers can port projects directly over. On August 17, the Qtum Foundation announced a $1 million DeFi development fund that will be allocated to solo devs and Read more…
Analysts Are Expecting Chainlink (LINK) to Pull Back After Parabolic Advance
Chainlink (LINK) has been embroiled in a parabolic rally in recent weeks. The asset has gained hundreds of percent since the March capitulation lows. Chainlink could undergo a correction as technical signals suggest that the asset is overbought. There are also on-chain signals that show LINK investors are hesitant to believe the rally will continue. Read more…
With Value Approach, Off The Chain Capital Is Changing The Bitcoin Investment Narrative
When viewed from a traditional investing lens, bitcoin may seem like a risky bet. The technology is still relatively new, the price is notoriously volatile and it’s not uncommon to hear investors caution newcomers not to invest more than they can afford to lose in BTC. But the performance of Off The Chain Capital, a Read more…
Chinese Blockchain Revolution Sees 10,000 Newly Added Firms in 2020 Alone
China’s blockchain growth in terms of newly added firms in 2020 has surpassed the total figure seen in 2017. With support from the government, startups dedicated to developing decentralized ledger technology (DLT) are increasing in number with the country looking to dominate the emerging digital landscape. Current 2020 Figures Topple 2017’s Total In a tweet Read more…
5th Birthday: Ethereum Miners Rejoice Over High Network Fees
Ethereum has not only surged to its highest price for over a year, it has tapped milestone highs in other on-chain metrics as well. Today is the network’s 5th anniversary. Hash Rates at 20-Month High ETH 1.0 is still proof of work, which means there are still miners seeking profits by producing more blocks. Mining Read more…
The entire DeFi market is worth less than XRP or Bitcoin Cash, despite the frenzy
The DeFi market has exploded in recent times, bringing back ICO-like returns on some projects. But a recent report said that despite the frenzy, the sector remains a fraction of the crypto space and is worth less than XRP or Bitcoin Cash. Even Dogecoin worth more Ryan Watkins, an analyst at Messari, tweeted yesterday that Read more…
Ethereum: Ether is becoming 2nd-favorite on its parent chain
It is impossible to keep Ethereum out of the headlines at the moment. The anticipation surrounding Ethereum 2.0 was keeping the largest altcoin omnipresent but currently, the immense growth of DeFi is
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