Humans over the centuries found themselves quarreling with each other over everything from food to land to ideology, only to later find themselves at peace and cooperating. Later, once more, they’d return to draw arms. Great schisms between Catholicism and Eastern Orthodox Christianity later repeated with the Protestant–Catholic wars of the 17th century, until peace finally settled upon the parties centuries after they’d begun. Fast forward 400 years, and it’s clear that technology has done nothing to curb our tribal instincts. If anything, the rise of blockchain has magnified these instincts in a destructive way. Tribalism impedes blockchain from maximizing …
The core purpose for Ethereum at its birth was to herald the next generation internet. Its genesis was based on building a peer-to-peer network with no single entity or group in control by positioning the community at the center of the global system. 2020 has seen the power of this network thrive through innovative and industry-changing projects like Yearn.finance, Aave, Synthetix, Nexus Mutual and many others. In fact, the top 10 decentralized applications on Ethereum now attract more than 1 million users per month. Many successful Ethereum-based projects are committed to or centered around the community, raising funds to eventually …
Veteran Christian vocal trio Selah launched its own cryptocurrency fan token via the Rally platform on Tuesday. Following the group’s latest album debuting at number one on the iTunes Christian music chart, the 3CR8 token will give fans access to exclusive benefits such as private messages, video chats and signed merchandise. Selah, meaning “pause” in Hebrew, is a true giant of the Christian music genre, notching up 4 million albums sold and 10 Gospel Music Association Dove Awards in over two decades of making music. Step Into My Story is the trio’s 16th album release and the first on its …
As cryptocurrency investment becomes more and more popular, long-term investors are increasingly concerned with the uncomfortable question: What happens to your Bitcoin (BTC) when you die? According to a 2020 study by the Cremation Institute, nearly 90% of crypto owners are worried about what will happen to their crypto after they pass away. Furthermore, despite a high level of concern, crypto holders are reportedly four times less likely to use wills for inheritances than non-crypto investors. As explained in its white paper, Bitcoin is a purely peer-to-peer version of electronic cash, allowing online payments to be sent directly from one …
Cointelegraph is the most widely read cryptocurrency publication in the world — but even though we’re proud of our words, sometimes a picture is worth a thousand of them. Over the past seven years, our talented team of illustrators and graphic designers has created a unique, instantly recognizable visual identity. Cointelegraph illustrations are part of the mythos and lore of cryptocurrency today, and the accessibility, humor and sheer exuberance of our images have helped draw countless numbers of crypto converts into the industry. For the first time, we’re offering our readers the opportunity to purchase some of our illustrators’ unmistakable …
As the world is battling to recover from the damage caused by the coronavirus pandemic, a major cryptocurrency event in Switzerland prepares to take return to a physical format. Crypto Finance Conference (CfC) St. Moritz, an international crypto event held in St. Moritz, will take place from Jan. 20–22, 2021, and feature speakers from key industry firms and institutions like Winklevoss Capital, Swiss National Bank, the European Parliament, Ledger and others. Cointelegraph will serve as the main media partner for the CfC St. Moritz 2021. The upcoming conference is the fourth annual iteration of CfC St. Moritz and will be …
Cypherium, a blockchain company involved in China's Blockchain Service Network initiative, has just launched its own branded Twitter emoji. The New York-based blockchain firm announced the news in a tweet Tuesday, adding that the new emoji comes in anticipation of Cypherium’s upcoming public token sale on Wednesday. With the new feature, all #Cypherium and #CPH tags on Twitter posts automatically get a Cypherium logo, similar to Bitcoin logos when tweeting “#Bitcoin” or “#BTC.” Cypherium’s new Twitter emoji comes in conjunction with the upcoming token sale. As previously announced, the firm is planning to sell a total of 300 million CPH …
If Bitcoin (BTC) was born in response to the systemic failures laid bare by one global financial crisis, then the subsequent rise of various decentralized networks can be seen as differences in opinion on the best way forward. All are in agreement that the existing financial system is broken, but are slightly at odds in terms of how to fix it. In a sense, each of these networks represents a new, if partial, vision of what could make for a better system. For instance, we’ve seen Celo leverage cryptographic tools and mobile phones to put financial instruments into the hands …
Lazarus, a group of hackers who are allegedly backed by North Korea, is now reportedly attacking crypto and blockchain talent through major professional social network, LinkedIn. According to a report by the Finnish cyber security and privacy firm, F-Secure, the latest Lazarus attack was made through a crypto-related job advert on the site. Their investigation indicated that an individual working in the Blockchain space received a phishing message that mimicked a legitimate Blockchain job listing. The message included an MS Word document titled “BlockVerify Group Job Description,” which executed malicious macro code when opened. F-Secure found that the document shares …
Curve Finance is currently the third largest DeFi protocol, with a total value locked, or TVL, of $1.1 billion. Recently the community realized that the project's founder, Michael Egorov, had leveraged over 71% of the voting power, ultimately leading to backlash from the community. Andre Cronje, the founder of popular DeFi protocol yEarn.Finance, tweeted: Source: Twitter. The protocol's next vote is scheduled for August 28. While Egorov's share has gone down somewhat, he still controls over 50% of the vote at press time. YFValue was launched last week with a congenital bug that would have allowed its creators to permanently …
Amid the massive growth of stablecoins in 2020, the cryptocurrency community is setting up an international stablecoin organization in Switzerland. Called the World Stablecoin Association, or WSA, the Geneva-headquartered organization is to be launched by cryptocurrency exchange VirgoX and blockchain capital markets firm Global Digital Assets, or GDA Capital. The WSA announced this new to Cointelegraph on July 23. Adding key stablecoin projects Adam Cai, CEO of VirgoX, outlined that the ultimate goal of the initiative is to build a true, unbiased global association composed of all major stablecoin projects. According to Cai, the WSA is already in discussion with …
At the start of July, Telegram announced it was discontinuing its support for the test network of Telegram Open Network in what seems as yet another — possibly the last — sign that the company is leaving its blockchain project for good. Telegram chose to abandon TON as a result of a drawn-out legal battle with the United States Securities and Exchange Commission, which apparently was close to convincing the court that TON’s private $1.7 billion initial public offering was an unregistered securities sale. So, does the latest development mean that TON is dead? Developers of independent TON-based projects don’t …