Bitcoin decoupled with the stock market and saw its correlation with gold rise to a level not seen since last year. Bitcoin and gold are no longer investors’ primary choices as inflation hedges amid the strengthening United States dollars. The current turmoil in financial markets added to the geopolitical tensions has run havoc on the...Continue Reading
In this guide, we share all you need to know about Lens Protocol, a decentralized social graph that simplifies building Web3 social platforms. The innovation and, as a result, the booming popularity of social media started at the beginning of the century with the concept of the online social graph. This specific data structure draws...Continue Reading
Traders look for volatility triggers as BTC price action continues within an all-too-familiar trading range. Bitcoin (BTC) saw rejection at a key area of whale resistance into Oct. 7 as its strict trading range continued. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Charts point to impending breakout Data from Cointelegraph Markets Pro and TradingView showed...Continue Reading
After a brief network suspension as the result of a cross-chain hack, the activity on the BNB Chain is back online. BNB Chain, the native blockchain behind the Binance crypto exchange, is up and running as of Oct. 7 according to an update from the network. Activity on the network was briefly suspended after confirmed...Continue Reading
Recruitment firm executive Clayton Pullum said that companies have become more strategic when it comes to hiring during the crypto winter. With crypto companies like Coinbase announcing layoffs earlier this year, it seemed like there were little to no opportunities within the blockchain space during the bear market. However, an executive in a crypto-focused recruitment...Continue Reading
Cardano founder Charles Hoskinson has repurposed the Ethereum Classic Twitter account to now benefit the Ergo Platform. Followers of the Ethereum Classic Twitter account may have found themselves the unintended fans of an entirely new crypto project after Cardano founder Charles Hoskinson turned the account into the new community page for the Ergo community. The...Continue Reading
The data of thousands of Celsius customers revealed in court also included its executives showing millions withdrawn from the platform in the weeks before it was suspended to the public. Publicly available court documents related to Celsius’ bankruptcy proceedings has revealed data concerning thousands of its customers in a financial disclosure form filed on Oct...Continue Reading
eToro stated that MANA and SHIB saw the biggest surge in hodlers in Q3 2022, posting increases of 437% and 269% apiece compared to Q3 2021. Increasing interest in the Metaverse has been seen as a reason for Decentraland native token MANA and memecoin Shiba Inu’s (SHIB’s) outpaced growth on retail trading platform eToro over...Continue Reading
Lido has around 40% of all the staked ETH on the Beacon Chain. One of the biggest Merge staking providers, Lido Finance has launched on two layer-2 networks Arbitrum and Optimism, a move it says further improves accessibility to Ethereum staking while reducing gas fees. The plan to expand to L2 was first unveiled in...Continue Reading
There’s “15 different regulators” and “basically no clarity” when it comes to cryptocurrency regulation in the United States, according to Diogo Mónica. Anchorage Digital co-founder and president Diogo Mónica has called for regulatory clarity in the United States, which he said remains muddy due to the politicization of Web3 technology and a lack of coordinated...Continue Reading
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