Blockchain

Smart contract ecosystem Near Protocol has earmarked $800 million for new funding initiatives aimed at growing its decentralized finance capabilities, offering the latest evidence that the highly lucrative DeFi market is still in its infancy.  The new funding, which includes the $350 million grants program announced by Proximity Labs last week, gives ecosystem developers added

In a calendar year, the total crypto market capitalization more than quadrupled from $361 billion to more than $1 trillion in January — reaching an all-time high of around $2.6 trillion in May. Just weeks later, more than $800 million was wiped off of the total crypto market cap, representing a decrease of over 33%.

Before we get into the nitty gritty of how one simple rule created the kind of insane return on investment noted in the headline, let’s be clear on one thing. You can’t copy this. Actually, no human can. Even a trading bot couldn’t replicate this particular strategy in real life, because it’s a thought experiment,

Sweden-based Hilbert Group AB, United States-based Cointelegraph and Asia-based investment group Chiron Partners will join forces to launch a new business of COIN360. Under this joint leadership, COIN360 will expand its product suite to become a full-service market data provider covering the full spectrum of digital assets — including decentralized finance (DeFi), nonfungible tokens (NFTs)

Ripple chief executive Brad Garlinghouse has been airing his thoughts over the state of the crypto market and regulations, and a grudge over the financial regulator’s approach to Ethereum appears to have surfaced. Speaking at the DC Fintech Week virtual conference on Oct. 21, the Ripple boss declared that Ethereum had been granted a regulatory

Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown: Then, special guest Big Cheds shares some technical analysis on trending charts, the factors he looks at

Chinese online retail giant JD.com is diving into the nonfungible tokens, or NFTs, industry by introducing a special NFT series for its annual JD Discovery conference. Using its proprietary blockchain platform, JD.com will be distributing commemorative NFT certificates to attendees of the JDD 2021 event in Beijing, the Chinese new agency Sina Finance reported Oct.

Social media giant Facebook has tapped Coinbase and Paxos for its forthcoming Novi digital wallet project, which kicked off its pilot testing phase in the United States and Guatemala on Tuesday.  Beginning Oct. 19, a small cohort of users in both countries will be able to download the Novi digital wallet app on iPhone or

Institutional asset manager Grayscale has announced it will be converting its GBTC Trust into an exchange-traded fund once the U.S. Securities and Exchange Commission has “comfort” with recently approved Bitcoin futures ETFs. In an Oct. 18 Twitter thread, Grayscale communications director Jennifer Rosenthal said the asset manager would proceed with offering an exchange-traded fund, or

Ethereum is an open-source blockchain-based software platform with thousands of decentralized applications (DApps) that powers its native cryptocurrency, Ether (ETH), that can be sent and received globally without any third-party interference. First conceptualized in 2013 by Russian-Canadian programmer Vitalik Buterin, Ethereum was designed as a platform for self-executing, permanent and immutable DApps with use cases

It might seem that the volatility of digital assets’ prices and the lightning speed with which crypto markets move would mean that those who act fastest secure the heftiest rewards. And in certain cases this holds true – for example, when an announcement of a token’s listing on Coinbase or Binance first goes public, and

The age of digital transformation has arrived, leading traditional industries to adopt new technologies to accommodate a fully digital future. As such, it shouldn’t come as a surprise that the trillion dollar oil and gas industry has quietly started to leverage blockchain technology for business success.  Douglas Heintzman, chief catalyst at the Blockchain Research Institute,

Dogecoin (DOGE) may have landed major proponent Mark Cuban in hot water as it hits its lowest against Bitcoin (BTC) in over half a year. DOGE/BTC 1-week candle chart (Bittrex). Source: TradingView “Now price it in bananas” Data from Cointelegraph Markets Pro and TradingView showed DOGE/BTC trailing at 412 satoshis (0.00000412 BTC) on Oct. 14 —

The ongoing price boom in the Binance Coin (BNB) market is painting a classic bullish chart pattern with an upside target of $560. Dubbed as Cup and Handle, the pattern appears when the price forms an advance that appears like a U-shaped trend (Cup). That follows up with a formation of a descending channel range

XDEFI Wallet, a browser-based wallet service for decentralized finance (DeFi) and nonfungible token (NFT) users, launched its public version on the Chrome Store. Similar to the widely-used browser extension wallet MetaMask, the XDEFI Wallet supports DeFi applications across multiple blockchains. According to the announcement, the browser wallet works with the Ethereum (ETH) network and other

Bitcoin (BTC) kept markets guessing into the Wall Street open on Oct. 11 after seeing rejection on hitting its highest since May. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price teases $58,000 February high Data from Cointelegraph Markets Pro and TradingView showed BTC/USD tracking $57,000 after reaching $57,450 on Bitstamp — its best since May

The regulators are closing in. It’s one thing to unbundle market functions to their parts ― custody, aggregators and Prime Brokerage ― to satisfy institutional compliance departments. It’s another to keep regulators happy. From the Financial Action Task Force pushing forward with its guidance for Travel Rule compliance to the still-evolving European Markets in Crypto-Assets

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Indian crypto exchange CoinSwitch Kuber raises $260M Indian crypto exchange