Swan Bitcoin CEO against crypto lenders: Users are way under-compensated for the risk
The CEO of Swan Bitcoin, Cory Klippsten, criticizes Celsius Network and other centralized crypto lending platforms, warning of possible market contagion. Swan Bitcoin CEO Cory Klippsten believes that the liquidity crisis involving Celsius Network may be just the beginning of …
How blockchain can open up energy markets: EU DLT expert explains
The main barrier to the wide adoption of DLT solutions by the energy system stakeholders is how energy markets are structured. Aside from the buzzing neologism of Web3, there is a bit less catchy but hardly less important concept of …
Ethereum risks ‘bull trap’ after 25% ETH price rebound
ETH price faces headwinds from bearish technicals coupled with strong Ethereum investment outflows. Ethereum’s token Ether (ETH) could be entering a “bull trap” zone after rebounding back above the $1,000 mark from 18-month lows of $885. Ether price paints a …
University of Cincinnati turning crypto craze into educational curriculum
The programs, which are funded by a longtime supporter of the university, will teach students about Bitcoin and other digital assets. Cryptocurrencies are attracting a lot of attention from academic institutions as they become increasingly accepted as an alternative to …
Bitcoin hodler data hints BTC price ‘really close’ to bottom — analysts
Short-term hodlers may be done with the bulk of their panic selling, while the Mayer Multiple shows buying the dip has rarely been more profitable. Bitcoin (BTC) could have already seen a price bottom or be “really close” to one, …
GitHub users respond with ‘Bitcoin bill’ idea to Gillibrand-Lummis bill
The senators seek comments from industry stakeholders, consumers and interested parties. Now every interested user has a chance to leave their mark on a crypto bill that could define the industry guidelines in the United States in the near future, …
Bybit enters into settlement agreement with Ontario Securities Commission
Bybit is currently holding listing discussions with the provincial regulator, and if the process fails, the firm will cease operations in Ontario. Bybit announced that it reached a settlement agreement with the Ontario Securities Commission (OSC) on Thursday, a day …
Wire Network’s new protocol aims to end Web3 interoperability woes
The protocol promises to eliminate complexities seen with existing interoperability solutions and requires no bridges or oracles to integrate. Layer-1 blockchain platform Wire Network announced the launch of its blockchain interoperability protocol called Universal Polymorphic Address Protocol (UPAP). In the Web3 …
Polygon price jumps 60% in four days amid ‘pretty big’ MATIC accumulation
MATIC price now eyes a 20% price rally as it undergoes an inverse head and shoulders breakout. Polygon (MATIC) took a break from its prevailing bearish course, posting one of sharpest rebound in the crypto market this week. Notably, MATIC’s …
Transparent financial systems won’t get real traction, blockchain exec argues
Anoma founder Adrian Brink pointed out that using a transparent system means that “your neighbor can see how much money you hold, what your daily preferences are.” As the conversation around privacy intensified with the recent Litecoin (LTC) upgrade called …