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Showing posts from June, 2022

Ethereum fork a success as Sepolia testnet gears up to trial the Merge

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The difficulty bomb has been successfully delayed according to core dev Tim Beiko and Ethereum ecosystem developer Nethermind. from Cointelegraph.com News https://ift.tt/H7ucaZh via IFTTT

Worst quarter in 11 years as Bitcoin price and activity plunges

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Quarterly returns on Bitcoin haven’t been this bad since it was trading under $20 in the early days of Mt. Gox, but the stock market isn’t faring so hot either. from Cointelegraph.com News https://ift.tt/byhe6Cc via IFTTT

Binance taps Tiktok star Khaby Lame to drive Web3 adoption

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Khaby Lame will use his signature content style to debunk myths surrounding the Web3 space. from Cointelegraph.com News https://ift.tt/mHafGyL via IFTTT

Bitcoin price drops 3% to ten-day lows as Ethereum inches closer to $1K

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More downside pressure across crypto amid challenging regulatory events in both the U.S. and Europe. from Cointelegraph.com News https://ift.tt/6raeJZ1 via IFTTT

80,000 Bitcoin millionaires wiped out in the great crypto crash of 2022

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The crypto crash has seen the number of Bitcoin millionaires decline by more than 75% since November last year. from Cointelegraph.com News https://ift.tt/MkPntXZ via IFTTT

OpenSea data breach causes massive leak of users' email addresses

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The NFT marketplace noted that it has reported the incident to law enforcement officials and that an inquiry is underway. from Cointelegraph.com News https://ift.tt/slFnMpy via IFTTT

Contagion: Genesis faces huge losses, BlockFi's $1B loan, Celsius's risky model

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A leaked investor call from Morgan Creek Digital suggests BlockFi liquidated 3AC for $1 billion, while Celsius reportedly maintained a highly risky assets-to-equity ratio last year that may have caused its recent liquidity woes. from Cointelegraph.com News https://ift.tt/jJZn9qr via IFTTT

CoinFlex CEO says withdrawals unlikely to resume on Thursday

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CoinFlex CEO Mark Lamb said more time was needed before the exchange can reopen its platform for user withdrawals. from Cointelegraph.com News https://ift.tt/2ePmCJL via IFTTT

No flexing for Bitcoin Cash users as BCH loses 98% against Bitcoin

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Amid controversy surrounding major supporter Roger Ver, the Bitcoin hard fork plumbs new depths in BTC terms. from Cointelegraph.com News https://ift.tt/8V4h9UB via IFTTT

Anchorage launches Ethereum staking for institutional investors

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Anchorage's new service comes in anticipation of the Ethereum network’s long-promised shift proof-of-stake consensus. from Cointelegraph.com News https://ift.tt/sJY4mPg via IFTTT

Bitcoin price limps under $20K as Asia extends global stocks weakness

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No let-up in risk assets means Bitcoin faces more selling pressure, but hope remains that a key moving average could soon see a challenge. from Cointelegraph.com News https://ift.tt/bQkAasp via IFTTT

Trader puts faith in crypto despite the failed first investment

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Despite his initial losses in trading, JC Enriquez still strongly believes that crypto will bring him more profit in the years to come. from Cointelegraph.com News https://ift.tt/GcU8rTf via IFTTT

Bear market will last until crypto apps are actually useful: Mark Cuban

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The billionaire investor said a bigger focus on applications and utility outside of finance would bring more back to the crypto space and possibly reverse the declining market. from Cointelegraph.com News https://ift.tt/GmzXh4s via IFTTT

MakerDAO looks to invest $500M into ‘minimal risk’ treasuries and bonds

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The DAO intends to generate yield with its native DAI stablecoin via traditional investments in US treasuries and possibly even corporate bonds. from Cointelegraph.com News https://ift.tt/if0KDlM via IFTTT

Regulatory uncertainty creates rash of ‘novel’ lawsuits: Legal experts

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“Litigation and enforcement activity is likely to accelerate in the current regulatory climate, perhaps in unpredictable ways,” says lawyers from Choate Hall & Stewart LLP. from Cointelegraph.com News https://ift.tt/g9CFy3N via IFTTT

Celsius denies allegations on Alex Mashinsky trying to flee US

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Celsius CEO Alex Mashinsky wasn’t trying to leave the U.S. last week but has continued to work on recovering liquidity and operations, the company has claimed. from Cointelegraph.com News https://ift.tt/9M56GUp via IFTTT

Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69K

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The key to survival for Bitcoin miners boils down to the delicate balance between the revenue and the operating cash flow. from Cointelegraph.com News https://ift.tt/XhEfToi via IFTTT

Compass Mining loses facility after allegedly failing to pay power bill

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The facility owner Dynamics Mining publicly took to Twitter to share the letter terminating its hosting agreement with Compass Mining, saying it had unpaid bills. from Cointelegraph.com News https://ift.tt/Ci2qoSW via IFTTT

Tether CTO refutes stablecoin FUD as short-sellers circle

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Paolo Ardoino alleged some hedge funds are trying to create pressure “in the billions” to “harm Tether liquidity” so that they can eventually buy back tokens at a much lower price. from Cointelegraph.com News https://ift.tt/yPUBOj8 via IFTTT

CoinFLEX recovery plan includes tokenized bad debt and more yields

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The crypto lender issued a no-liquidation account to an unnamed whale on the condition that the account would never go negative, but that plan has backfired. from Cointelegraph.com News https://ift.tt/08KPm7Z via IFTTT

Crypto community confused as Celsius continues with weekly rewards

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Some Twitter users have called it “insulting” that Celsius continues to pay weekly rewards despite still pausing withdrawals. from Cointelegraph.com News https://ift.tt/MRveUXS via IFTTT

Dogecoin price could rally 20% in July with this bullish reversal pattern

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DOGE's bullish pattern has reached its profit target 79 out of a hundred times in its financial history. from Cointelegraph.com News https://ift.tt/tmuGSo6 via IFTTT

Catalonia is building its own metaverse, says innovation minister

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The government is hoping to make Barcelona a digital hub by offering various skills programs to university students and boot camps to cultivate talent. from Cointelegraph.com News https://ift.tt/XE0SxfG via IFTTT

Ethereum liquidity provider XCarnival negotiates return of 50% stolen ETH

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According to blockchain investigator Packshield, the hacker used a previously withdrawn pledged NFT from the Bored Ape Yacht Club (BAYC) collection as collateral to drain the assets. from Cointelegraph.com News https://ift.tt/cTRA3L0 via IFTTT

‘Smear campaign’: Nexo responds to accusations of stealing donations, siphoning funds from charity

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A pseudonymous Twitter account making a series of accusations against Nexo has caused the crypto lender to issue a cease and desist notice. from Cointelegraph.com News https://ift.tt/13EVgMy via IFTTT

Google users think BTC is dead — 5 things to know in Bitcoin this week

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Traders brace for fireworks in July thanks to macro triggers while BTC price action is on track for a historic monthly close below the 200-week moving average. from Cointelegraph.com News https://ift.tt/MZ8wK6F via IFTTT

2022 bear market has been the worst on record — Glassnode

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Recent on-chain analysis by Glassnode has shown that the current Bitcoin bear cycle is playing out as the worst one in history. from Cointelegraph.com News https://ift.tt/QjfHrGn via IFTTT

What are Bitcoin covenants, and how do they work?

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Bitcoin improvements can be achieved by implementing covenants. This article explains covenants, how they work and the debate around them. from Cointelegraph.com News https://ift.tt/G3x94cs via IFTTT

How low can Ethereum price drop versus Bitcoin amid the DeFi contagion?

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Interestingly, Ethereum has not reclaimed its all-time high against Bitcoin since June 2017 despite the NFT craze. from Cointelegraph.com News https://ift.tt/0g39iz5 via IFTTT

6 Questions for Daniel Yan of Matrixport

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from Cointelegraph.com News https://ift.tt/EG0XvLM via IFTTT

Small-time investors achieve the 1 BTC dream as Bitcoin holds $20k range

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With BTC recently trading at the $20,000 range for the first time since 2020, small-time investors found a small window of opportunity to achieve their dream of owning at least 1 Bitcoin. from Cointelegraph.com News https://ift.tt/TYUsl0I via IFTTT

Can you earn passive income running a Lightning node?

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Learn to manage and run a Lightning node at a profit. Also, discover various Lightning Network problems and how to address them. from Cointelegraph.com News https://ift.tt/ykd685K via IFTTT

Sam Bankman-Fried provides bailouts, ‘Bitcoin dead’ searches soar, and debate over hidden themes behind BAYC continues: Hodlers Digest, June 19–25

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from Cointelegraph.com News https://ift.tt/Ftew6JA via IFTTT

Bitcoin may still see 'wild' weekend as BTC price avoids key $22K zone

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Bitcoin bulls still have a battle on their hands in low-volume weekend trading, analysis warns, while altcoins preserve multi-week record gains. from Cointelegraph.com News https://ift.tt/o8Yq4XZ via IFTTT

Can Metaverse technology enhance human-AI efficiency?

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How will AI be used in the metaverse? Can AI and blockchain work together? A dive into the future of AI aligned with blockchain. from Cointelegraph.com News https://ift.tt/VaMDHXS via IFTTT

Bitpanda announces layoffs citing no compromise on product quality

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Witnessing the crypto crashes over the past several weeks from a front-row seat, Bitpanda made the “tough decision” of cutting down its employee headcount to roughly 730 people. from Cointelegraph.com News https://ift.tt/dY10xaK via IFTTT

What is StrongBlock (STRONG) and how does it work?

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Strongblock creates platforms and protocols with the intention of revolutionizing how blockchain networks compensate the nodes that protect and sustain them. from Cointelegraph.com News https://ift.tt/JhF7nOW via IFTTT

Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop

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The Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power. from Cointelegraph.com News https://ift.tt/4ZHQotm via IFTTT

XRP price rally stalls near key level that last time triggered a 65% crash

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Macro risks and a long-term bearish setup continue to spoil XRP's bullish prospects. from Cointelegraph.com News https://ift.tt/vmxUlGO via IFTTT

Solana smartphone Saga triggers mixed reactions from crypto community

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From comparing the project to Apple and Ethereum to bringing up network outages, the community reacted to the new Web3 phone by Solana. from Cointelegraph.com News https://ift.tt/N5Ubpsm via IFTTT

Eminem and Snoop Dogg turn into BAYC chars in new music video

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Eminem and Snoop Dogg bear an uncanny resemblance to Bored Apes in the new semi-animated music video titled From The D 2 The LBC. from Cointelegraph.com News https://ift.tt/QhsjtY3 via IFTTT

THORChain token price up 16% following mainnet launch

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After four years of waiting, THORChain’s new mainnet “marks the achievement of a fully functional, feature-rich protocol with a large ecosystem and strong community.” from Cointelegraph.com News https://ift.tt/SEZv1hd via IFTTT

'Brutal and unrelentingly hard': Singapore regulator's clampdown on crypto

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The remarks from the regulator's chief fintech officer could see the city-state lose its perception as one of the most crypto-friendly countries in the world. from Cointelegraph.com News https://ift.tt/2UKo1gm via IFTTT

Hoskinson pitches software-enabled crypto self-regulation to Congress

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Hoskinson feels regulations for the crypto industry should be defined better, but that compliance should come from the industry itself, not from regulatory authorities. from Cointelegraph.com News https://ift.tt/aSVAyvZ via IFTTT

Former Chancellor says UK is falling behind on crypto opportunity

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The former chancellor said there was a particular lack of regulatory structure in regards to digital asset trading. from Cointelegraph.com News https://ift.tt/4jBTo6w via IFTTT

Nifty News: Apecoin no longer going bananas, Pharrell touts Doodles and more…

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Popular musician Pharrell Williams has become the Chief Brand Officer of the Doodles NFT project, Solana to launch a crypto-focused smartphone and art economist says NFTs are good for the entire art market. from Cointelegraph.com News https://ift.tt/WGmgfLF via IFTTT

Nexo hires Citibank to advise on acquisitions during market turmoil

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“We’re in this together” — Crypto lending platform Nexo has appointed Citibank to advise on acquisitions from struggling crypto firms. from Cointelegraph.com News https://ift.tt/xG7MFcg via IFTTT

Voyager's 60% share price plunge leads sea of red for crypto stocks

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VYGVF dropped as much as 60% during regular trading hours on June 22 before closing at $0.5998 to mark a drop of 50.84% for the day. from Cointelegraph.com News https://ift.tt/43fSl7X via IFTTT

A ‘very ambitious’ $100M Metaverse R&D hub is being built in Melbourne

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“We're really designing a whole world,” Two Bulls founder James Kane said about the role his business will play in the yet to launch metaverse. from Cointelegraph.com News https://ift.tt/J3LOqU6 via IFTTT

Binance U.S. makes BTC trading fee-free as competitors feel the heat

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Brian Shroder, CEO of Binance.US said the zero-trading fees would generate positive user sentiment and said there are plans to expand the list of tokens that will offer zero-fee trading in the future. from Cointelegraph.com News https://ift.tt/BN0g8aH via IFTTT