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Citibank Executive Says Bitcoin Could Pass $300K by December 2021

Citibank Executive Says Bitcoin Could Pass $300K by December 2021

A senior executive at U.S. financial giant Citibank has released an internal report drawing on similarities to the 1970s gold market and bitcoin.

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New MIT Paper Roundly Rejects Blockchain Voting as Solution to Election Woes

Encryption inventor and head of MIT’s Digital Currency Initiative are among authors of a new paper that points out why blockchain and voting are a bad pairing.

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Crypto Long & Short: What We’re Getting Wrong About Druckenmiller and Bitcoin

Stanley Druckenmiller’s comments about bitcoin were blown out of proportion. They were positive for crypto, but not for the reasons most believe.

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Bitcoin Cash Has Split Into Two New Blockchains, Again

Bitcoin Cash split into two blockchain again, but one of the new chain has received no hashpower so far.

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Polkadot is the most popular network for staking, nearly $3 billion worth of DOT tokens are at stake

Layer-1 blockchain network Polkadot is the most popular when it comes to staking. According to The Block Research, nearly $3 billion worth of DOT, Polkadot’s native token, are at stake.

The post Polkadot is the most popular network for staking, nearly $3 billion worth of DOT tokens are at stake appeared first on The Block.

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Dollar Decline and the Paralysis of Conventional Monetary Policy

A reading of Kenneth Rogoff’s latest piece on the strange reality of the dollar’s global status.

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Data Is Labor: Why We Need Data Unions

It’s time to unionize and take back the wealth created by personal data, says a leading activist.

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Value DeFi Suffers $6M Flash Loan Attack

The latest flash loan attack in the decentralized finance world has caused a total loss of $6 million.

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More than 1 billion DAI, the stablecoin of lending protocol Maker, has been created

The amount of available DAI has surpassed $1 billion, according to available data.

The post More than 1 billion DAI, the stablecoin of lending protocol Maker, has been created appeared first on The Block.

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DeFi protocol Value DeFi exploited for $7.4M in DAI, attacker returns $2M

Decentralized finance yield aggregating protocol suffered a ‘complex attack’ resulting in the loss of more than $5 million in DAI.

The post DeFi protocol Value DeFi exploited for $7.4M in DAI, attacker returns $2M appeared first on The Block.

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