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MakerDAO founder proposes purpose-driven DAO to address climate change issues
The growing concerns around climate change are urgent, to say the least and they need real solutions. Rune Christensen, founder of MakerDAO addressed this issue recently. He has been advocating for MakerDAO to solve the problem of climate change. In the latest edition of the Bankless podcast, Christensen highlighted different aspects of the said issue, […]
2021-10-12 23:10:35
Elliptic Raises $60M From SoftBank and Wells Fargo to Accelerate Crypto Adoption
The blockchain analytics firm plans to utilize the funds to accelerate cryptocurrency adoption by institutional clients.
2021-10-12 23:10:56
Number Of Bitcoin Active Entities Grows 19% To Hit 2020 Bull Levels, Set Up For New Highs?
Bitcoin has once again cleared expectations for the month of October. The price of the digital asset had grown from its $40K lows to over $57K at the time of this writing. Its recovery trends have put it on a path of least resistance towards the previous $64K all-time high. But on-chain metrics have shown even more favorable trends among investors in the asset. Bitcoin Active Entities (i.e number of active users on the blockchain each day) paints a bullish picture for the asset going forward. This metric had dropped between May and September 2021, nearing lows seen in January 2020 when the bear market was still in full force. However, there has been a significant uptick in the number of Active Entities on the blockchain following the bull rally started at the beginning of October. Bitcoin Active Entities Up 19% Data from Glassnode shows that bitcoin Active Entities have seen an increase in recent weeks. At its lowest, Active Entities dropped to a little over 200K this year, down over 50% from its high of over 400K between January and February 2021. As the price of the asset has begun to soar again, so has the number of Active Entities. Related Reading | Why A Parabolic Move Is Expected For Bitcoin, Billionaire Mike Novogratz The significance of this shows in the movement of the price. The last time Active Entities saw a significant uptick, the market had seen a bull rally that put the digital asset on a path to new all-ti...
2021-10-12 23:10:56
Cardano Founder Charles Hoskinson To Tour Africa, Here’s Why
Cardano has focused its attention on projects which are building on the blockchain. This is because after the launch of smart contracts capability on the network, the next phase was getting developers to deploy their applications on the ecosystem. Cardano, through EMURGO, has invested in a number of startup projects to boost the adoption of […]
2021-10-12 23:10:15
Public Bitcoin Miners Are Ramping Up
Public bitcoin mining firms based in North America are holding more than 20,000 bitcoin, wroth more than $1.1 billion.
2021-10-12 23:10:00
Vitalik Buterin Reveals Biggest Fears About Ethereum, Tells What He’d Do Differently If He Was Satoshi
Vitalik Buterin critiques crypto-community over pro-crypto views. Despite its success, Ethereum’s Vitalik Buterin is still worried about the network making cultural mistakes. Buterin remains unfazed about criticism as he opens up about the downsides of Bitcoin. Co-founder of Ethereum, Vitalik Buterin has for the first time in a while spoken at length about his views […]
2021-10-12 22:10:23
TAB Conference: Supporting Bitcoin Development In Person
Discussing the Atlanta Bitcoin Conference, TabConf 2021, and in-person Bitcoin development events with its organizers.
2021-10-12 22:10:08
IMF Warns Stablecoins Could Pose 'Contagion Risk' to Global Financial System
A new report by the International Monetary Fund argues for regulations that ensure investors know how stablecoins are backed.
2021-10-12 22:10:36
Billionaire Chamath Palihapitiya Says It’s Too Late for US To Ban Bitcoin and Crypto
Billionaire investor and CEO of venture capital firm Social Capital, Chamath Palihapitiya, says the US can no longer effectively ban Bitcoin and crypto. In a new All-In Podcast interview, the former Facebook executive says Bitcoin and the rest of the crypto markets have become too large for the US government to put a stranglehold on […]The post Billionaire Chamath Palihapitiya Says It’s Too Late for US To Ban Bitcoin and Crypto appeared first on The Daily Hodl.
2021-10-12 22:10:01
Mapping out the 10 most active crypto funds’ Q3′ 21 investments
Quick TakeThe Block Research analyzed a total of 423 blockchain-related investment deals that occurred during Q3′ 21 to identify which crypto funds were the most activeCompared to last quarter, the frequency of deal flow activity by the most active investors dropped considerably, from an average of 40 investments in Q2 to 22 in Q3Although DeFi funding and the number of deals declined in Q3, the vertical still made up roughly 42% of the most active investor’s investments
2021-10-12 22:10:19
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