Monthly Archives: February 2020

Steemit for Sale: Popular Crypto Blogging Platform Sold to Tron, Community Reacts

Crypto blogging platform Steemit is undergoing a big change, migrating from its own Steem blockchain to the Tron network. The struggling crypto blogging platform launched in 2016 and made waves when big name libertarian users began to make thousands of dollars per post. The platform’s heyday was short-lived, however, and after the departure of co-founder Dan Larimer of EOS fame, attempts to rebrand, and layoffs, it has finally ended up in the care of crypto mogul Justin Sun, founder of the Tron platform. Also Read: Ethereum vs […]

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Keep Calm and Work Hard: The Story of Binance’s CEO From A to CZ

Binance’s CZ that you never knew: Talking with Cointelegraph’s number one in crypto. Some call him the Bill Gates of the crypto industry, but I personally think he is not just pushing forward our industry but transforming deeply rooted economic and social culture. He fills concert halls talking about the importance of decentralization and the freedom of money. He finds time to organize dinners for journalists, introducing them to the empire he built before briskly leaving for another meeting with his team. He is idolized by his […]

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David Marcus and His Calibrated Effort to Save Libra

David Marcus of Facebook and Calibra came into the media spotlight late in 2019, and quickly became a vital figure for the industry. David Marcus was born in France, grew up in Paris and Geneva, and had shown interest in tech from his early years. At 23, he founded his first company — internet provider GTN — and later sold it. Related: Who Is David Marcus: Bitcoin Believer Turned Facebook Libra Co-Creator Marcus is currently the head of Calibra, a subsidiary of Facebook and the official wallet […]

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Will Bitcoin Price Finally Conquer $10K? Here Are 3 Things to Consider

Bitcoin price has crossed the $10K mark seven times this year, which begs the question: is BTC finally ready to flip this key psychological level to support? Bitcoin (BTC) bulls were celebrating the digital asset’s recent surge above $10,000 for the first time this decade, but the smiles were short-lived as Bitcoin failed to hold above $10K for a meaningful amount of time. Is this another short-lived bull run like the seven times Bitcoin crossed $10K in 2019? Or is this time different? Daily crypto market performance. […]

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Bakkt to the Senate: How Loeffler Became One of Crypto’s Most Influential

2019 saw the long-awaited launch of ICE’s digital assets platform, Bakkt. CEO Kelly Loeffler is now pursuing a career in the U.S. Senate. Since the 2017 mania, every year in the crypto and blockchain space has been increasingly eventful. 2019 was no exception: Along with Facebook’s Libra project and China’s digital yuan endeavors, Intercontinental Exchange’s digital assets platform Bakkt was finally launched. Its CEO, Kelly Loeffler, ensured a smooth start for the exchange, then swiftly left her business to pursue a political career by the end of […]

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A TON of Challenges: Resistance Is Nothing New to Pavel Durov

It used to be the Russian government; these days, it’s the United States SEC. 2019 was one hell of a year for Pavel Durov. The serial entrepreneur announced and made moves to release the Telegram Open Network, or TON — the blockchain associated with his Telegram messaging app. The idea of TON is to allow users to go beyond simply sending messages and emojis to each other, by using the app’s underlying infrastructure to transact a cryptocurrency called Gram in a completely trustless and secure manner. But […]

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Bitcoin Price Falls to $9.6K Amid Bloody Sunday for XRP, ETH, Altcoins

Bitcoin price tumbles further only to bounce off a key support area around $9,600 as most altcoins such as ETH and XRP see even bigger losses. Bitcoin (BTC) price has fallen further dropping about $300 in less than one hour on Sunday, Feb. 16, though paring some losses since with a bounce from $9,600 to $9,790 at press time. Crypto market 1-day price chart. Source: Coin360 Bad weekend for Bitcoin price bulls Most other cryptocurrencies fared much worse, however, as evidenced by Bitcoin’s market dominance rising one […]

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DeFi Begins to Move From a Sub-niche Market to Mainstream Finance

With the total value locked in the DeFi market crossing $1 billion, industry stakeholders look toward greater global adoption. In one year, the total value of Ether (ETH) locked in DeFi markets has increased from $317 million to over $1 billion. With the increasing level of activity in the market sector, the next logical progression appears to be focused on making DeFi solutions more mainstream. However, like other decentralized apps, DeFi protocols still have issues with usability among everyday users. Factors such as liquidity and governance could […]

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The Mind Behind the “World Computer�: Ethereum’s Vitalik Buterin

Crypto’s success may hinge on users’ ability to pay for $5 items with Ether, Bitcoin and Bitcoin Cash. Are we there yet? Cryptocurrencies and blockchain technology were meant to liberate the oppressed, bank the unbanked and democratize countries with opaque authoritarian governments. Whether or not the crypto sector has actually achieved these goals remains a topic of debate, but it is fair to say that a surprising number of crypto startups, initial coin offerings and blockchain companies have either missed the mark or proven to be outright […]

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Building Up a Base for Crypto: The Story of Coinbase’s Brian Armstrong

How Coinbase’s Brian Armstrong ensured his position in Cointelegraph’s Top 100 At the helm of Coinbase since founding it with Fred Ehrsam in 2012, Brian Armstrong has weathered rough storms of compliance law to operate the largest crypto exchange active in the United States.  Both Coinbase’s stature within the industry and Armstrong’s extracurricular activities moving adoption and regulation forward — particularly within the U.S. — have ensured his position in Cointelegraph’s top 10.  Major changes at Coinbase in 2019 set the stage for 2020 As the exchange […]

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