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ETH Up 40% In A Month; Ethereum Founder Vitalik Buterin Says Network To Be 55% Complete Post Merge
Friday, July 22, 2022 - 12:52pm | 443Even as Ethereum (CRYPTO: ETH), the world’s second-largest digital currency by market capitalization is up 40% in a month and has played a crucial role in the recovery of the cryptocurrency market, the network’s co-founder Vitalik Buterin said the protocol will only be 55% complete...
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Death Threats Compelled Us To Disappear, 3AC Founders Say
Friday, July 22, 2022 - 10:25am | 666Founders of the beleaguered crypto lending and borrowing firm Three Arrows Capital (3AC) say they received death threats following the collapse of their company, and that's what compelled them to disappear. See Also: Here Is Everyone (For Now) 3 Arrows Capital (3AC) Owes Money To In a recent...
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Aave Partners With Pocket Network To Access On-Chain Data From Multiple Blockchains
Tuesday, July 19, 2022 - 7:13pm | 452Decentralized Web3 protocol Pocket Network (CRYPTO: POKT) announced on Tuesday its partnership with open source liquidity market and lending platform Aave, enabling it to utilize Pocket’s distributed network of more than 44,000 nodes to access on-chain data from multiple blockchains...
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Crypto Bull Kevin O'Leary Vs. Bear Andrew Left: Who Will Win The Tug of War?
Tuesday, July 19, 2022 - 11:37am | 1335Even as the cryptocurrency market on Monday reclaimed the $1 trillion market cap following a dramatic fall in prices of late, there could be more pain ahead for investors in the short term, according to experts. Crypto Bull vs. Bear: While millionaire investor Kevin O’Leary believes the...
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Earning Money By Staking Crypto Tokens On Proof-Of-Stake Blockchains: How It Works
Sunday, July 17, 2022 - 9:22am | 774With the crypto markets in a clear consolidation phase and prices of leading cryptocurrencies correcting significantly from their all-time highs (ATH), many long-term crypto investors are looking at earning additional revenue from their crypto holdings. Staking crypto tokens offers one such avenue...
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Chinese City Of Shenzhen Records 2.6 Million Signups For Its CBDC
Saturday, July 16, 2022 - 3:50pm | 259Two months after the City of Shenzhen announced the airdropping of 30 million e-CNY central bank digital currency (CBDC), the Shenzhen Chamber of Commerce recorded over 2.6 million signups for its CBDC. The airdrop was announced as a measure to boost consumer spending, in the wake of an...
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EXCLUSIVE: Kevin O'Leary Says 'Idiots' Are Holding Crypto Back, But Regulation Can Bolster Bitcoin Value
Thursday, July 14, 2022 - 10:50am | 859Bitcoin (CRYPTO: BTC), the world’s largest — and first — decentralized cryptocurrency, will quadruple in value if the sector gets regulated, according to Shark Tank's Kevin O'Leary in an exclusive interview with Benzinga. O'Leary, a renowned capital investor and...
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EXCLUSIVE: Short Seller Andrew Left Says The Idea Of Decentralization Is The 'Stupidest Thing Ever'
Wednesday, July 13, 2022 - 4:46pm | 544Andrew Left, founder of Citron Research says the idea of decentralization, where power is shifted from the hands of centralized entities is the “stupidest thing ever” and pointed out that the only utility Bitcoin has is that it is a collective consciousness of people, with people buying...
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Analysts Say Crypto Markets Have Not Yet Bottomed Out, More 'Time Pain' Ahead
Tuesday, July 12, 2022 - 2:42pm | 374Long-term holders and miners are under remarkable pressure to surrender amid bearish cryptocurrency market sentiments and activity levels of small and large entities suggest the market has not yet formed a confident bottom and still has work to do, according to blockchain analysis firm Glassnode....
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Online Brokerage Firm M1 To Launches Crypto Trading Accounts
Tuesday, July 12, 2022 - 11:21am | 377Online brokerage firm M1 on Tuesday announced the launch of crypto trading accounts and services over the next few weeks, allowing users to invest in a personalized portfolio for the long term. The company’s CEO Brian Barnes said roughly half of its surveyed users had sought to use the...
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Failure Of Stablecoins Could Have Catastrophic Broader Financial Implications: ECB
Monday, July 11, 2022 - 3:48pm | 505Given that the largest stablecoins serve a critical function for crypto-asset markets’ liquidity, the failure of one of the largest stablecoins could have wide-ranging implications for crypto-asset markets and in turn contagion effects on the financial system, according to the European...
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Celsius Lost $350M Due to High-Risk Trading Strategies: Report
Friday, July 8, 2022 - 4:34pm | 267Crypto lending platform Celsius entrusted corporate funds worth around $530 million to asset manager Jason Stone who engaged in high-risk leveraged crypto trading strategies that resulted in a massive loss. According to a July 7 report from blockchain analytics firm Arkham Intelligence, these...
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Bitcoin Mining Startup Compass Slashes Staff By 15% To 'Stay Agile'
Friday, July 8, 2022 - 1:02pm | 369Bitcoin mining company Compass is slashing its staff by 15% and reducing the salary of others by up to 50%. The company said the decision will enable Compass to stay agile and well-positioned in an evolving market, which has been beset by challenges and a recent crash. Compass said it grew too...
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Bitcoin Could Be The Greatest Bull Market In History: Bloomberg Analyst
Thursday, July 7, 2022 - 11:24am | 376Bitcoin (CRYPTO: BTC), the world’s largest digital currency by market capitalization, could be the greatest bull market in history at a relatively discounted price to start the second half of 2022. That's according to Bloomberg analyst Mike McGlone. With the Bloomberg Galaxy Crypto Index...
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Hacker Returns Stolen Funds To Crema Finance, Accepts 'White Hat' Offer Of $1.6M
Thursday, July 7, 2022 - 10:53am | 403Concentrated liquidity pool Crema Finance announced Thursday that after intense negotiations with a hacker, a chunk of its stolen funds had been returned—for a $1.6 million bounty. What Happened: A hacker stole 69,422.9 SOL and about 6.5 million USDC stablecoin, worth about $9 million, on...