Monthly Archives: March 2020

MakerDAO Considering USDC Collateral Support For Enhanced Liquidity

MakerDAO is considering USDC as collateral support to improve liquidity and the tech team has already started preparing the technical transition regardless an executive vote. MakerDAO, leading player in the decentralized finance sector, is facing liquidity risk in an uncertain market. The MakerDAO community is considering adding support for USDC, the cryptocurrency associated with Circle, as an alternative collateral to help bear this risk, according to a community thread on March 16.  MakerDAO’s Foundation Dev Team had a call on the matter at 11 AM ET today, […]

More info

Toyota Reveals Blockchain Lab After 11 Months of Research

Toyota has been working on initiatives to develop a wide-ranging transportation platform, through its previously unannounced Toyota Blockchain Lab. Toyota Motor Corporation, along with Toyota Financial Services Corporation, unveiled its Toyota Blockchain Lab, March 16, comprising six Toyota Group companies. The lab is exploring what the future of the automotive industry may look like. Established in April 2019, the Blockchain Lab has been quietly examining the potential of blockchain technologies for the past 11 months, and now seeks to accelerate initiatives towards business implementation and expand strategic […]

More info

BTC Hashrate Follows Price Drop – 20% Lower Before Bitcoin Halving

Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100 exahash (EH/s) territory and the BCH hashrate fell below 4 EH/s. Moreover, BCH has 22 days left until the block reward gets cut in half and there are 56 days until the BTC halving. Also Read: Traders Flock to Tether, […]

More info

Inside BeQuant: 3 Days With a Crypto Exchange CEO

What is it like to be the CEO of a crypto exchange? Check out our latest documentary to find out! Have you ever wondered what it’s like to run a cryptocurrency exchange? Now’s your chance to find out! Take an inside look at the life of BeQuant CEO George Zarya in Cointelegraph’s latest documentary: 3 Days With a Crypto CEO. From pub beers in London to impromptu flights to Malta, from office puppies to World War II cryptography machines, the life of a crypto CEO is never […]

More info

4 Key Bitcoin Metrics Show Not All Hope Is Lost for BTC Price

Bitcoin price remains far below investors expectations but the stock-to-flow model suggests nothing extraordinary has occurred yet. Bitcoin (BTC) price dropped to $3,700 for a brief period on March 12, ending the day at $4,970. By March 13, the price recovered from the major downtrend, ending the day at $5,563 and showing an impressive return of over 11%. Cryptocurrency market daily performance. Source: Coin360 The recent market turmoil, whether in traditional markets or the crypto space, has raised questions on the price evolution for Bitcoin, as well […]

More info

CoinDCX To Allocate $1.3 Million to Indian Crypto Education

India crypto exchange CoinDCX to provide funding to education projects that aim to strengthen crypto adoption across the country. Crypto exchange CoinDCX has announced on March 12 a $1.3 million funding towards increasing awareness and adoption of cryptocurrencies in India. According to the company, the funds will go towards a long-term project called TryCrypto, which will seek to introduce 50 million Indian consumers to cryptocurrencies. Items to be funded within TryCrypto Educational programs, seminars, workshops, and distance courses are among the fronts that the CoinDCX initiative aims […]

More info

Cardano Foundation Is Sued by Former Research Partner

The Cardano Foundation is being sued by a former research partner. Earlier today, March 16, Cardano Foundation made an announcement on its website disclosing that Z/Yen Group Limited (UK) has initiated legal proceedings against it. Z/Yen Group — Former Research Partner Z/Yen Group Limited is a fintech think tank and a former research partner of the Foundation. Back in 2018, the two co-authored a report entitled “The Quantum Countdown: Quantum Computing and the Future of Distributed Ledger Encryption.”  Interestingly, Cardano founder, Charles Hoskinson, in a YouTube Ask […]

More info

Argentinean Gov’t Blockchain Hacked to Spread Fake News on Coronavirus

False information on the coronavirus pandemic spread across Argentina’s official noticeboard due to a breach in their blockchain-based system. In the midst of the global emergency caused by the Coronavirus pandemic, the Argentine government confirmed on March 14 that they suffered a hack on the website of their official gazette (Boletin Official) based on blockchain technology, where false statements regarding the coronavirus were spread. According to officials quoted by El Cronista, there were direct hacking attempts that failed to enter the newsletter’s system. Still, the hackers located […]

More info

Market Recession Was a Long Time Coming, Not Coronavirus Surprise: Research

Analysts were predicting a recession for years and it should not come as a surprise, according to market research firm Crebaco. Analysts had predicted a recession for years and it should not come as a surprise, according to crypto-focused market research firm Crebaco. Crebaco claims in a report shared with Cointelegraph that the recession that has taken hold of the markets was anticipated by many analysts over the last several years. The document reads: “The Global markets have been correcting since [the] last few days. Some blame […]

More info

NVIDIA Calls on GPU Miners to Combat Coronavirus

Major global chipmaker Nvidia launched an initiative to reallocate unused GPU power to COVID-19 research. The fight against the Coronavirus pandemic has reached the spheres of GPU mining, as the U.S. chip manufacturer NVIDIA launched a proposal for all users to use their computer resources to help the cause. Through Reddit, the technology firm said that the “Folding@home” initiative was open to receive donations of unused GPU computing power and thus distribute it to an international processing power network to research COVID-19 and other diseases. The company […]

More info
1 2 3 4