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Celsius, a crypto lender that has come under scrutiny since it froze withdrawals last weekend, citing "extreme market conditions," holds 409,260 stETH tokens, worth about $470 million at current prices, according to data provided by Ape Board, a portfolio tracker from the blockchain analysis firm Nansen. Original Source
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El Salvador has been on the radar of leading financial and economic institutions since it made Bitcoin a legal tender. It has mainly become a spectacle as cryptocurrency supporters and non-supporters alike watch on to see how this plays out. El Salvador which had made good on its bitcoin promise
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It has been two weeks since Russia kicked off the first large-scale military action in Europe in the 21st century — a so-called “special operation” in Ukraine. The military conflict immediately triggered devastating sanctions against the Russian economy from the United States, the European Union and their allies and has
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The U.S. Treasury Department issued a statement following a virtual call with other G7 members. Source
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This column has written in recent weeks about the surprising possibility that cryptocurrency markets might have become the new home for capitalism , in an environment where central banks and governments are intervening deeply in markets while picking corporate winners via emergency aid. If anything, the ridiculousness of the recent weeks’ saga involving the deliciously named
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Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining facilities are taken
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[sociallocker id="55298"] Blockchain firm Elrond has invited hackers to attack its network during the upcoming incentivized stress test.According to an announcement on June 2, the upcoming Elrond incentivized stress test will include a variety of different attacks on the network. Elrond CEO Beniamin Mincu explained to Cryptox:"Anything that takes the
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Crypto valuations haven’t been the only casualties of this week’s market crash; crypto networks have also felt the strain. As onchain activity
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