Bitcoin Jumps to $40K as Putin Sees Positive Shift in Ukraine Talks
Europe equity benchmarks and the U.S. index futures extended gains while crypto majors jumped as much as 7.6%. Original Source
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Ransomware Payments Are Getting Bigger as Hackers Shift Focus to Larger Targets: Chainalysis
Chainalysis’ data shows the average ransomware payment size last year reached $118,000 in cryptocurrency, up from $88,000 in 2020, according to a report published Thursday. In 2019, the average ransomware payment was only $25,000. Kim Grauer, Chainalysis’ head of research, attributes this jump to the growing sophistication of ransomware groups. Original
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Luxor Starts Ethereum Mining Pool as Proof-of-Stake Shift Looms
In recent months, the PoW consensus mechanism has received scrutiny by lawmakers globally for its energy consumption. Most recently, the U.S. held a congressional hearing to discuss the energy consumption related to the PoW. Meanwhile, the EU markets regulator called for a ban on the validation system, citing its energy
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[SPONSORED] A Paradigm Shift in Mining
The ever-dynamic crypto mining industry has been even more active following China’s crackdown. The global hashrate has largely shifted to North America, making the US a key international mining hub where institutions now take central stage. This new demographic of miners have special requirements, which Foundry has been catering to
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Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift Is Priced In
Bitcoin appears to have digested the U.S. Federal Reserve’s impending hawkish, or anti-inflation, policy adjustment with a significant decline in recent weeks. Analysts said the cryptocurrency could see a relief rally after the Fed decision, due later on Wednesday.The central bank is widely expected to announce a $30 billion reduction
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Did ConstitutionDAO Shift the Overton Window on What DAOs Can Accomplish?
This episode is sponsored by NYDIG.Download this episodeLast night the crypto community waited with bated breath to see who had won the first printing of the U.S. Constitution. Despite raising over $40 million from 17,000 people, the ConstitutionDAO was ultimately outbid. In this episode, NLW discusses how the DAO came
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Blockchain Paradigm Shift Demands Revising Social Contract
Blockchain has caused a paradigm shift that is redefining trust building and top-down business operations. And it comes along at the same time as other disruptive technologies such as artificial intelligence and the internet of things. As organizations and businesses adapt, they will face big issues that will require even
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GSR Turns Up DeFi Activity in Strategic Shift
Crypto market maker GSR is going big on decentralized finance (DeFi) after concluding that decentralized exchanges (DEXs) like Uniswap will prevail over the firm’s centralized partners.Head of DeFi Jake Dwyer told CoinDesk his unit is already moving $1 billion daily on Ethereum- and Solana-based DEXs. DeFi trades account for 20%
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‘Shift 1% of Portfolio into Bitcoin’, JPMorgan Advises Investors as Bull Run Cools Off
Analysts of JPMorgan highlighted the evaporating liquid supply as multi-billion dollar institutions and corporations are buying substantial quantities at a fast rate.JPMorgan Chase & Co (NYSE: JPM) strategists have suggested that investors should consider moving 1% of their portfolio into Bitcoin to serve as a hedge against fluctuations in traditional
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