A growing number of social media platforms have been integrating crypto and Web3 support, but opinions are divided on whether they are in it for the ethos or profit. The emergence of Web3 technologies has brought Web2-based companies to consider amendments to their current products and services. Many leading brands are using Web3 technologies such...Continue Reading
Weekend losses solidify as macro volatility to come meets internal turmoil over FTX. Bitcoin (BTC) stayed lower at the Nov. 7 Wall Street open as the day before the United States midterm elections opened to flat equities performance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Crypto wobbles on FTX woes Data from Cointelegraph Markets Pro and...Continue Reading
Due to immense public demand, Cointelegraph’s digital collectibles launch has been slightly delayed to give waitlisters more perks as part of a fairer launch. Thinking back fondly about certain moments in the crypto and blockchain industry’s wild past? Folks will soon be able to own history via Cointelegraph article digital collectibles, immortalizing those moments while...Continue Reading
Web Summit attracted over 71,000 attendees to Lisbon for the renowned technology summit, with cryptocurrency and blockchain taking a more central role in 2022. Portugal’s capital city of Lisbon has established itself as the spiritual home of one of the world’s largest technology events. Web Summit has called the Altice Arena home since 2016 and...Continue Reading
Solana bulls show signs of countering the ongoing correction trend, raising anticipations that SOL price would recover in the coming months. A recent price rally in the Solana (SOL) market ran out of steam midway as traders’ attention shifted to crypto-focused hedge fund Alameda Research’s insolvency rumors. Alameda Research insolvency rumors affect SOL On Nov....Continue Reading
The exchange assured users in a series of Tweets that withdrawals should be moving along and matching engines are running as they should, though some users didn’t buy it. Cryptocurrency exchange FTX took to Twitter to address user complaints surrounding sluggish withdrawals. FTX assured users that everything is running smoothly with the matching engine, although...Continue Reading
With 70% of the Southeast Asian population under/unbanked, DeFi solutions have positioned themselves as catalysts for financial transformation. In one of the more striking early scenes from P.T. Anderson’s 2007 film, There Will Be Blood, there is a gas explosion that destroys the drilling rig set up by oil tycoon Daniel Plainview. Noticing one of...Continue Reading
The Deribit hot wallet hacker has transferred 1,610 ETH (over $2.5 million) to Tornado Cash, according to data from the Ethereum block explorer Etherscan. In the aftermath of the $28 million Deribit hack, the unknown exploiter is moving stolen funds using the decentralized cryptocurrency mixer, Tornado Cash. The Deribit hot wallet hacker has transferred a...Continue Reading
Huobi claimed that calling the incident a white hat move was only pNetwork’s excuse to avoid legal sanctions. Disclaimer: This article is updated with pNetwork’s official response to Huobi. Days after GameFi project Gala Games and decentralized finance (DeFi) protocol pNetwork assured its community that everything was fine, crypto exchange Huobi Global came out with...Continue Reading
Alameda Research reportedly obtained $2.2 billion worth of loans using FTT as collateral, a token created by cryptocurrency exchange FTX. An ongoing selloff in the FTX Token (FTT) market could worsen in the coming months owing to a mix of pessimistic technical and fundamental indicators. FTT could plunge 30% From a technical perspective, FTT has...Continue Reading
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