Cointelegraph
145K subscribers
6.14K photos
878 videos
4 files
48.5K links
Cointelegraph covers fintech, blockchain and Bitcoin, bringing you the latest news and analyses on the future of money.

For advertising inquiries, please contact [email protected]

Market updates:
@CTMarkets
Download Telegram
Aave devs propose freezing Fantom integration, citing lack of traction and potential vulnerability

The Fantom market on Aave V3 adds just $30 each day to the DeFi protocol's treasury; developers are also concerned that the integration creates security risks.

https://ct.com/attf
Zipmex gradually resuming Z Wallet withdrawals, says debt moratorium is not bankruptcy

The Asian cryptocurrency exchange was impacted by the Celsius and Babel Finance defaults but is working with investors to resolve the situation.

https://ct.com/atto
Hedge fund billionaire Steve Cohen exits crypto startup Radkl amid bear market: Report

The hedge fund manager was part of a $50-million funding round for NFT company Recur, and backed a $21-million round for crypto analytics firm Messari through Point72.

https://ct.com/atts
Polkadot 'cup and handle' setup sees DOT price 50% higher by September

DOT could witness an increase in demand after Polkadot's launch of an intercommunication blockchain tool.

https://ct.com/attn
Crypto users spent $2.7B minting NFTs in first half of 2022: Report

Over 1 million unique wallet addresses were involved in the minting process, signaling that nonfungible token market activity remained strong.

https://ct.com/atu6
CoinShares reports $21.7M loss tied to Terra implosion

The firm's book-making took a huge hit after being exposed to the TerraUSD collapse.

https://ct.com/atuc
Crypto miner Digihost plans to move rigs from New York to Alabama

The mining firm said it aims to have a hashing capacity of 28 MW at the Alabama facility by the fourth quarter, and 55 MW by the second quarter of 2023.

https://ct.com/atum
Bitcoin derivatives show a lack of confidence from bulls

High correlation to stock markets and recession risks limit optimism on the part of BTC investors.

https://ct.com/atu0
Michael Saylor will step down as MicroStrategy CEO but will remain executive chair

The soon-to-be former CEO said splitting the roles of MicroStrategy's chief executive officer and chair would help the firm pursue its strategy of "acquiring and holding Bitcoin."

https://ct.com/atuw
BTC wholecoiners up by 40K since June crash began

A sharp fall in the cryptocurrency's price in May and June appears to have coincided with the increase in wallet addresses holding more than one Bitcoin.

https://ct.com/atvb
Gucci becomes first major brand to accept ApeCoin payments

Gucci has ramped up its Web3 initiatives by allowing crypto nerds to purchase its products with ApeCoin in its stores, adding to a list of 12 other digital assets it accepts for payment.

https://ct.com/atvc
'This is on me' — Robinhood CEO to lay off 23% of staff after Q2 loss

The online retail broker blamed the economy for a decline in user numbers and net revenue that fell 44% year-on-year, although revenue from crypto rose moderately this quarter.

https://ct.com/atvd
Textbook publisher wants to use NFTs to skim the used-textbook market

The academic textbook publisher hopes to capture a portion of secondary market sales on digital textbook sales by assigning an NFT to each title.

https://ct.com/atvj
Ongoing Solana-based wallet hack has already seen millions drained

NFT marketplace Magic Eden noted that it “seems to be a widespread SOL exploit at play" and called on users to revoke permissions for any suspicious links in their Phantom wallets.

https://ct.com/atvl
Contagion only hit firms with ‘poor balance sheet management’ — Kraken Aus boss

The crypto contagion only hurt entities that poorly managed their treasuries, but didn't affect the underlying blockchain technology, he said.

https://ct.com/atvo
Mental health support prime for decentralization, say academics

A shortage of mental health services in the future could be solved with a Web3-powered mental health support network, suggests academics.

https://ct.com/atvs
Contributors piling into Bitcoin, Ethereum, and Solana since 2018: Report

The Ethereum network continues to see the largest number of monthly-active contributors at around 2,000 as of July.

https://ct.com/atvv
Oxford City Football Club to accept Bitcoin for matchday tickets

In a first for the sixth-tier English football league, the club will wear the BTC logo on their shirts, and fans will be able to buy tickets with Bitcoin over the Lightning Network.

https://ct.com/atvx
Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm

Parallel to the ongoing investigations of the Solana fiasco, CZ warned investors of “an active security incident on Solana” that drained funds in SOL and USDC off over 7000 wallets.

https://ct.com/atw3
Inflation punishes the prudent while Bitcoin gives future hope: Jordan Peterson

Author and psychologist Jordan Peterson said that hyperinflation hurts those who are the pillars of society.

https://ct.com/atwc