[ad_2][ad_1] November 11, 2020 (Investorideas.com Newswire) As the second largest cryptocurrency in the world, Ethereum has experienced impressive growth in 2020. Since the beginning of the year, the price of Ethereum has risen by a remarkable 230%, attracting more and more attention. by investors in the time of economic uncertainty …
Read More »Polychain Capital invests $ 8.2 million in the Ethereum YFI token
[ad_2][ad_1] Crypto fund Polychain Capital raised an additional 141 YFI, the token that powers Yearn Finance, in a move that yesterday expanded its investments in the decentralized finance protocol (DeFi). The firm bought 329 YFIs last week alone, according to Messari researcher Mason Nystrom, and since then, the token’s prices …
Read More »KuCoin Recovered 84% Of Stolen Cryptocurrencies After $ 280 Million Hack, Co-Founder Says
[ad_2][ad_1] Cryptocurrency exchange KuCoin recovered most of the funds lost in a $ 280 million hacking incident in September, a senior executive said. Johnny Lyu, co-founder and CEO of KuCoin, announced on November 11, the exchange recovered 84% of the stolen assets. Lyu said the recovery process involved “chain monitoring, …
Read More »An unknown person carries $ 307 million worth of Bitcoin
[ad_2][ad_1] Ripple CTO, David Schwartz, claims to have a significant amount of funds invested in some cryptocurrencies usually referred to as shitcoin. He said this in a recent post on Quora, answering a generic question asking if anyone had lost funds by trading cryptocurrencies. Ripple’s CTO further revealed that the …
Read More »The Ethereum 2.0 deposit contract surpasses $ 22.5 million one week after launch
[ad_2][ad_1] After going into effect last week, the deposit agreement for the Ethereum 2.0 update now holds over 50k ETH, 10% of the threshold needed to activate the watershed update. This depository agreement is the cornerstone of the Ethereum 2.0 upgrade and serves as a bridge for the migration of …
Read More »Nearly $ 360 million worth of Bitcoin was transferred to Ethereum in October despite DeFi Cool Off
[ad_2][ad_1] Ethereum is still the most popular off-chain destination for bitcoin (BTC) as the total supply of tokenized BTC reached 150,000 BTC ($ 2.05 billion) at the end of October, up 21% since September. However, growth has slowed significantly since the decentralized finance craze (DeFi) peaked towards the end of …
Read More »Whale Sends 89,999,980 XRPs to Coinbase as Major Bitcoin and Ethereum Holders Move $ 500 Million in Crypto
[ad_2][ad_1] A huge treasure trove of the fourth largest cryptocurrency is suddenly on the move, with an anonymous whale transferring XRP for tens of millions of dollars. A high-yield anonymous entity just moved 89,999,980 XRP worth $ 22.5 million for a fee of just $ 5.04. The transfer was initially …
Read More »Blockchain AI Market worth $ 703 million by 2025
[ad_2][ad_1] CHICAGO, November 10, 2020 / PRNewswire / – According to the new market research report “Blockchain AI Market by technology (ML and NLP), component (platform / tools and services), distribution mode, organization size, application (smart contracts, payments and asset tracking), vertical (BFSI, automotive and media) and region – Global …
Read More »Engineer uses Bitcoin to defraud Microsoft of $ 10 million, evade taxes
[ad_2][ad_1] Bitcoin is routinely bombed by regulators and the IRS for its use in illegal crimes such as money laundering or tax evasion. Unfortunately, a story involving a former Microsoft engineer who used cryptocurrency to mix over $ 10 million he had scammed the company with doesn’t help this case. …
Read More »Venture Funds for Blockchain and Cryptocurrency Companies Reach $ 900 Million | London economic news
[ad_2][ad_1] Venture capital funds in blockchain and cryptocurrency companies totaled $ 897.7 million in the third quarter of 2020. The funds were allocated to 212 industry start-ups. According to research data analyzed and published by Comprar Acciones, August was the peak month during the quarter, with a total of $ …
Read More »