Crypto Biz: Crypto VC is back with a vengeance
Venture capital firms continue to pour billions into the crypto economy; this week saw the launch of two funds worth a combined $500 million. Go to Source Powered by WPeMatico
Month: August 2022
Independent Tether attestation reveals 58% decrease in commercial paper holdings
An independent review from the accounting firm BDO reported that the stablecoin issuer’s total assets exceed its consolidated liabilities. Go to Source Powered by WPeMatico
What is an NFT and why are they so popular?
Nonfungible tokens continue to captivate mainstream audiences around the world as Web3 technology grows at a rapid pace. Go to Source Powered by WPeMatico
Biggest Movers: DOGE Extends Recent Declines, Falling by Nearly 15% on Friday
Dogecoin fell for a third consecutive session on Friday, with the token dropping by almost 15% in today’s session. As of writing, the global cryptocurrency market cap is roughly 8% lower, with the majority of the top 100 in the red. Filecoin was another notable mover, falling by nearly 20%. Dogecoin (DOGE) Dogecoin (DOGE) was … Read more
Ethereum Merge prompts miners and mining pools to make a choice
The Ethereum Merge to PoS is slated for the third week of September, eliminating PoW mining. Experts weigh in on how mining pools and miners would be impacted. Go to Source Powered by WPeMatico
Fake employees and social attacks: Crypto recruiting is a minefield
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Value Locked in Defi Loses $5.7 Billion in 5 Days, Smart Contract Tokens Shed 7.8% in 24 Hours
The total value locked (TVL) in decentralized finance (defi) has slid 8.53% over the last five days since August 14, 2022. At the time, the TVL was $67.87 billion but today, the value locked in defi is approximately $62.08 billion. Moreover, the top smart contract platform tokens by market valuation today are worth $372 billion, … Read more
Merkle trees vs. Verkle trees, Explained
This article helps you to understand the importance of and differences between Merkle vs. Verkle trees in blockchain. Go to Source Powered by WPeMatico
Huobi explains what went wrong with HUSD after stablecoin is back on track
The HUSD team explained that the depeg was caused as they closed market maker accounts in some regions to comply with regulations. Go to Source Powered by WPeMatico
Biden is hiring 87,000 new IRS agents — and they’re coming for you
The Internal Revenue Service is hiring a fleet of new agents. And they’re probably coming for you — regardless of your income level. Go to Source Powered by WPeMatico
