Unnamed DeFi project offers Tone Vays $500k for promotion

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Amid skyrocketing prices in decentralized finance, also known as DeFi — a current hyped niche of crypto — one project offered half a million dollars as payment for media visibility.  An unnamed DeFi project contacted trader and YouTuber Tone Vays,...

Bank of England governor dismissed Bitcoin as a means of payment

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During a virtual conference hosted by the Brookings Institute, Andrew Bailey, Bank of England’s (BoE) governor, stressed that crypto assets are just “unsuited to the world of payments.” In prepared remarks on the future of cryptocurrencies and stablecoins, Bailey qualified...

Gaming platform Ultra integrates Theta Network for live streaming

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Blockchain-powered gaming platform Ultra announced Sep. 3 that it will integrate Theta Network’s live streaming technology as part of its user experience.The service will allow users to see games in action before making a purchase, and earn rewards that...

Coca-Cola Amatil invests in Centrapay’s seed funding round

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Coca-Cola Amatil’s corporate venturing platform Amatil X has invested in digital asset and payment provider Centrepay, as part of the startup’s seed funding round. Coca-Cola Amatil, one of the largest bottlers of the Coca-Cola range in the world with over...

CoinMarketCap launches crypto education portal 'CMC Alexandria'

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CoinMarketCap’s new crypto education portal aims to provide holistic content for newcomers to the industry. Source link

Vitalik Buterin reveals why a 51% attack on ETH 2.0 ‘would not be fatal’

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Ethereum co-founder Vitalik Buterin has dismissed concerns that a 51% attack on Ethereum 2.0 would be ‘fatal’. The scenario emerged as a result of the burgeoning popularity of Yearn.finance’s yETH vault which has already amassed more than 137,000 ETH on...

Blockchain voting hailed a success at Michigan Democrat convention

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Despite its history of security and technical issues, blockchain voting platform Voatz has reportedly been deployed successfully at the Michigan Democratic Party State Nominating Convention.More than 1,900 delegates at the virtual convention, held from Aug. 29-30, were able to...

DeFi meme coin Hotdog dumps 99.9% in hours after launch

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The latest high-yield, food-flavored DeFi meme project, Hotdog, appears to have crashed and burned just hours after it was launched.The newly cloned DeFi protocol called Hotdog promised insane returns up to one million percent APY in order to lure...

US federal court calls NSA’s mass phone data collection illegal

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In the final decision on a criminal case that began a decade ago, an appellate court has said that the National Security Agency’s phone data collection practices were in fact illegal. They did, however, uphold the convictions in the...

What flash crash? ETH options still favor $500 Ethereum price

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Today’s Ether (ETH) 10% dump caused its annualized futures basis to adjust after flirting with extremely optimistic territory. The basis indicator compares futures contracts price to the current level at regular spot exchanges.Healthy markets usually display a 5% to...

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Artist Damien Hirst says NFTs are like ‘the invention of paper’

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Damien Hirst, a contemporary artist known around the world, talked about similarities and differences between artwork and fiat currency as he prepared to drop...