Ciphertrace Report: Cryptocrime Is Moving To DeFi

    According to the latest “Cryptocurrency Crime and Anti-Money Laundering Report” by a blockchain analyst firm Ciphertrace , the impact of hacks and exploits that have moved into the DeFi realm is more than just the impact of classic centralized exchange hacks and other types of fraud. The company found that, on the whole, the cryptocurrency…

    Riot Blockchain Experienced Unusual Option Activity That Dropped Their Share Price

    Riot Blockchain has shared information that their shares have undergone unusual option activity and their price has dropped to $ 22.16. It happened after the option warning Sentiment: BULLISH Option Type: TRADE Trade Type: PUT Expiration Date: 2021-05-21 Strike Price: $22.00 Volume: 4327 Open Interest: 2023 Three Indications Of Unusual Options Activity One way options…

    DeFi is growing, thereby helping to increase the share of cryptocurrency in the global money supply

    This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on stablecoins, altcoins and Bitcoin. While the price action from Dogecoin (DOGE) has dominated the headlines…

    The rise of Polygon and Cardano amid the search for a Elon’s Musk new favorite cryptocurrency

    Proof-of-Stake (PoS) cryptocurrencies Cardano (CRYPTO: ADA) and Polygon (CRYPTO: MATIC) saw a major price growth following recent news that Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk is looking for an energy-efficient alternative to Bitcoin (CRYPTO: BTC). What Happened: Polygon saw its price increase by about 40% from a 24-hour low of $1.343 to a high…

    Bitcoin Mining: Using Burning Natural Gas

    As the value of bitcoin soars and concerns rise about the energy-intensive process needed to obtain it, cryptocurrency entrepreneurs in the United States believe they have found a solution in flared natural gas. Profitably creating, or mining, bitcoin and other cryptocurrencies requires masses of computers dedicated to solving deliberately complicated equations — an endeavor that…

    Samsung: Galaxy smartphones get support for hardware wallets

    Samsung has decided to simplify access to cryptocurrency and transactions for its owners by adding hardware wallet connectivity to Galaxy smartphones. This will allow users to transfer coins to the built-in wallet that comes with most devices in the popular lineup. Update Allows Galaxy Users to Link Their Crypto Wallets to Cold Storage Devices Samsung…