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Bitcoin
KyberSwap Resumes Elastic Protocol, Backed by Multi-Million KNC KyberDAO Security Fund
KyberSwap, a leading decentralized exchange (DEX) platform, is thrilled to announce they will be resuming its highly anticipated Elastic protocol on May 25, 2023. This brings back key capital-efficient features such as concentrated…
Crypto Hacks Plunge 70% in Q1 2023, Victims Recover Over Half of Stolen Funds, but Experts Warn of…
On May 22, 2023, a report released by the blockchain analysis firm TRM Labs delved into nearly 40 hacks and assaults on cryptocurrency projects within the first quarter, discovering a 70% decline in incidents over the previous three months.…
Bitcoin’s Doldrums Below $26.5K Endure as Investors Weigh Debt Ceiling Stalemate, Latest FOMC…
The largest cryptocurrency by market capitalization sank below $26.2K early Wednesday after disappointing U.K. inflation data.
Russia and China Carry Out Most Settlements in Yuan and Ruble, Russian PM Mikhail Mishustin Says
The larger portion of payments between Russia and China are now processed using the currencies of the two countries, Prime Minister Mikhail Mishustin revealed. Moscow and Beijing intend to increase mutual trade beyond the $200-billion…
Terraform Labs CEO Do Kwon Denied Bail by Montenegrin High Court; Extradition Requests Loom
A Montenegrin high court judge has reportedly invalidated the bail application of Do Kwon, the co-founder of Terraform Labs. Kwon was detained for providing false identification while boarding a flight to Dubai alongside a companion on…
Ledger Recover Fiasco Exposes Gap Between Blockchain Ideals and Technical Reality
After a video went viral of what appears to be a hardware wallet getting smashed with a hammer and then blow-torched into a charred mass, Ledger (and all of the crypto industry) got a searing reminder on the importance of managing…
30-Day Bitcoin NFT Sales Surge to $173 Million, Securing Second Place in Blockchain Market
In the past month, recent data reveals that sales of non-fungible tokens (NFTs) originating from the Bitcoin blockchain have surged to $173.28 million. Surpassing 20 alternative blockchain networks, Bitcoin-based NFT sales now secure the…
Biggest Movers: LTC Falls 6%, DOGE Moves to 2-Week Low
Litecoin was a notable mover on Wednesday, as the token dropped by as much as 6% in today’s session. The decline came as a red wave swept through the crypto market, leading to the global cap falling by 2% at the time of writing.…
ASIC Heavyweights: These Are the Most Profitable Proof-of-Work Algorithms in 2023
Eight months ago, there was a significant transformation in the realm of lucrative proof-of-work (PoW) mining algorithms when Ethereum made the transition from PoW to proof-of-stake (PoS). During that period, the prevailing consensus…
Bitcoin, Ethereum Technical Analysis: BTC, ETH 2% Lower, Ahead of FOMC Minutes
Bitcoin was once again trading below a key resistance level of $27,000 on Wednesday, ahead of today’s U.S. Federal Open Market Committee (FOMC) minutes report. Markets are expecting that the minutes will show the Federal…