Polkadot's founder announces steps toward full decentralization with new governance model
Gavin Wood said that he seeks to transform the Polkadot blockchain into a full technocracy. Live from Polkadot Decoded in Buenos Aires on Wednesday, Polkadot and Kusama founder Gavin Wood announced that the blockchain's governance model would undergo a new...
MicroStrategy Puts Another $10M in Bitcoin—Despite Price Crashing Below $20K
MicroStrategy has so far lost money on its Bitcoin bet, but that isn’t stopping the company from buying more of the cryptocurrency. Original Source: decrypt MicroStrategy Puts Another M in Bitcoin—Despite Price Crashing Below K
It’s time to refocus on crypto infrastructure, CoinShares CSO says
CoinShares CSO Meltem Demirors finds crypto infrastructure and developer tools more interesting than Web3 and the money aspect of crypto during the current bear market. The ongoing cryptocurrency market decline is the right time for the community to strengthen...
Bitcoin holds $20K as ECB warns inflation may never return to pre-COVID lows
Markets beyond the euro slow to react as Europe acknowledges higher inflation may be permanent. Bitcoin (BTC) held steady at just above $20,000 after the June 29 Wall Street open as Europe's chief banker admitted the world would "never" return to low inflation.BTC/USD...
Three Arrows Capital Liquidation Ordered by Court
Teneo Restructuring has been commissioned to manage the liquidation procedure. 3AC has multiple illiquid assets in the form of venture-capital investments in crypto startups and companies. Teneo will attempt to quantify the assets and establish a website with...
Crypto Derivatives Exchange Bybit to Settle Options Contracts in USDC
The derivatives leader announced in a press release that it will be settling its options trading market in the second-largest stablecoin by market cap. Original Source: coindesk Crypto Derivatives Exchange Bybit to Settle Options Contracts in USDC
Polkadot Chief Gavin Wood Announces Blockchain Governance Upgrade
Polkadot has upgraded its decision making process to be more inclusive and decentralized, says founder Gavin Wood. Original Source: coindesk Polkadot Chief Gavin Wood Announces Blockchain Governance Upgrade
Biggest Movers: AVAX, SOL Slip by 14% on Wednesday, as Prices Near 1-Week Low
SOL was down by as much as 14% on Wednesday, as prices fell close to a one-week low earlier today. In addition to this, AVAX saw a similar decline, as the token dropped for a fourth consecutive session, with prices moving below $20. Solana (SOL) SOL was lower in...
Better than Axie Infinity: Kieran Warwick’s 2032 plan for Illuvium
Kieran Warwick created the play-to-earn game Illuvium with his brothers Aaron and Grant all siblings of DeFi maverick Kain, the founder of Synthetix. He shares his alpha on how NFT game mechanics can be designed in such a way that playing them can be fun and...
What It’s Like to Work as a DAO Bounty Hunter
Meet "T Wells," a 30-something former educator who, in 2021, began working for “bounties” (or gigs) in the DAO ecosystem. Original Source: coindesk What It’s Like to Work as a DAO Bounty Hunter
Bitcoin cae debajo de $20K en medio de preocupaciones por la inflación en España y signos de debilidad
Los traders analizaron la creciente inflación y la debilidad de crecimiento de bitcoin para los próximos meses. Original Source: coindesk Bitcoin cae debajo de K en medio de preocupaciones por la inflación en España y signos de debilidad
First Mover Americas: BTC Dips; 3AC Liquidation Reportedly Ordered by BVI Court
The latest price moves in bitcoin ($BTC) and crypto markets in context, for June 29, 2022. Original Source: coindesk First Mover Americas: BTC Dips; 3AC Liquidation Reportedly Ordered by BVI Court
First Mover Americas: BTC Dips as 3AC Liquidation is Ordered by BVI Court
The latest price moves in bitcoin ($BTC) and crypto markets in context, for June 29, 2022. Original Source: coindesk First Mover Americas: BTC Dips as 3AC Liquidation is Ordered by BVI Court
FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming
In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research have already helped Blockfi and Voyager...
Polygon Deploys Custom Blockchain Scaling Solution 'Avail'
The scaling solution allows developers to launch application-specific blockchains on the Polygon network. Original Source: coindesk Polygon Deploys Custom Blockchain Scaling Solution 'Avail'
Canadian NetWalker Ransomware Hacker Pleads Guilty in US Court
A former Canadian government worker has pleaded guilty to charges of working for a ransomware gang that realized more than $50 million. Sebastien Vachon-Desjardins has entered into an agreement with U.S. federal prosecutors to plead guilty to charges of...
Polygon Deploys Custom Blockchain Scaling System 'Avail'
The scaling solution allows developers to launch application-specific blockchains on the Polygon network. Original Source: coindesk Polygon Deploys Custom Blockchain Scaling System 'Avail'
Lending network enables transparent credit history in Africa via blockchain partnership
Creditcoin Founder Tae Oh said the partnership brings them closer to their goal of giving the unbanked a fairer shot. African mobile banking platform Aella has partnered with Creditcoin Network to integrate transparent credit history by integrating all its...
DAOs Are the Real Meritocracies
Decentralized autonomous organizations make contributing to open-source projects remunerative. In doing so, DAOs could transform the world of work. Original Source: coindesk DAOs Are the Real Meritocracies
MicroStrategy scoops up 480 Bitcoin amid market slump
The business intelligence firm has now amassed 129,699 BTC at an average price of $30,644, according to CEO Michael Saylor. Business intelligence firm MicroStrategy has added to its Bitcoin (BTC) holdings, reaffirming CEO Michael Saylor’s bullish outlook on the...
Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market
With revenues drying up, crypto miners are struggling to meet loan obligations, which total up to $4 billion for the industry. Original Source: coindesk Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market
Chainlink’s Smart Contract Products Go Live on Fantom
Two protocols, Keepers and VRF, will allow developers to deploy more sophisticated applications on the Fantom network. Original Source: coindesk Chainlink’s Smart Contract Products Go Live on Fantom
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $20,000 as U.S. Consumer Confidence Plunges
Bitcoin fell below $20,000 during Wednesday’s session, as markets reacted to yesterday’s weaker-than-expected consumer confidence report. The expectation for economic growth also fell to a nine-year low. This resulted in ETH also dropping, with prices...
VTB sealed the first deal with digital financial assets in Russia
VTB Factoring acquires a tokenized debt pool of industrial companies via the Lighthouse blockchain. VTB Factoring, a subsidiary of Russia’s state-owned bank, reported the first major deal with digital finance assets. As part of the deal, the bank subsidiary acquired a...
Flipside Crypto launches NFTs to pull multi-chain data
Flipside Crypto co-founder and CEO Dave Balter stated the NFTs will save users the trouble of having to “manage nodes, complex data pipelines or petabyte-scale databases.” Blockchain analytics firm Flipside Crypto has launched an online Software Development Kit called...
Double bubble? Terra's defunct 'unstablecoin' suddenly climbs 800% in one week
The USTC price rally does not mean it would reclaim its lost U.S. dollar peg in the future. Terra's $40-billion experiment to create a functional "algorithmic stablecoin" project has failed drastically following its collapse in May. Nonetheless, its native stablecoin...
Deutsche Bank: Crypto Free Fall Could Continue Because of the System’s Complexity
As bitcoin and other cryptocurrencies are speculative, high-risk assets, they are disproportionately affected by central bank tightening, the bank said. Original Source: coindesk Deutsche Bank: Crypto Free Fall Could Continue Because of the System’s Complexity
Deutsche Bank: Crypto Freefall Could Continue Because of the System’s Complexity
As bitcoin and other cryptocurrencies are speculative, high-risk assets, they are disproportionately affected by central bank tightening, the bank said. Original Source: coindesk Deutsche Bank: Crypto Freefall Could Continue Because of the System’s Complexity
Lido Community Signals Intent to Keep Ethereum Staking Uncapped
The Lido community is currently voting against a proposal that would limit how much Ethereum can be staked on the platform. Original Source: decrypt Lido Community Signals Intent to Keep Ethereum Staking Uncapped
Michael Saylor's MicroStrategy Purchased Another $10M of Bitcoin Over Past Two Months
The company disclosed the acquisition of another 480 bitcoins, bringing total holdings to 129,699 bitcoins. Original Source: coindesk Michael Saylor's MicroStrategy Purchased Another M of Bitcoin Over Past Two Months
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