Crypto exchange FTX is reportedly in talks to acquire a stake in BlockFi following the company issuing a $250 million credit to the lending firm. According to a Friday report from the Wall Street Journal, FTX is currently in discussions with BlockFi regarding the crypto exchange purchasing a stake in the firm, but no equity agreement has been reached. The…
The shiba inu crypto community is anticipating the launch of the layer two (L2) scaling solution Shibarium after it was revealed that the public beta will launch in the third quarter. According to shiba inu developers Shytoshi Kusama and Ryoshi, the layer two solution will bring transaction fees down considerably and possibly to zero. Shiba Inu’s L2 Solution Shibarium to…
A handful of on-chain metrics suggest that Bitcoin could be close to bottoming, and if true, the eventual relief rally could induce sharp gains from altcoins. Source: https://cointelegraph.com/news/price-analysis-6-24-btc-eth-bnb-xrp-ada-sol-doge-dot-shib-leo
This is an opinion editorial by Tom Luongo, a former research chemist and financial/political commentator specializing in the intersection of geopolitics, financial markets, gold and cryptocurrencies. The Federal Reserve is on the attack, but not against inflation. Oh, they say their shift in monetary policy is about inflation, but that’s a cover story for what’s really going on. There is…
Cryptocurrency lending company Celsius may be on the brink of bankruptcy, preparing for an upcoming filing by hiring more advisers, according to a report today from the Wall Street Journal, citing unnamed sources. Celsius has hired restructuring advisers from the firm Alvarez & Marsal to help the embattled crypto lender prepare for a forthcoming bankruptcy filing, the Journal reported today.…
A year ago on June 23, the anti-virus software tycoon John McAfee was found dead in a Spanish prison after Spain’s high court approved McAfee’s extradition to the United States. Today, McAfee’s body is still in a Spanish morgue as a legal case involving an independent autopsy is yet unresolved. John McAfee’s Controversial Death Investigation Is Still in Limbo The…
Sky Mavis, the creator of the play-to-earn game Axie Infinity, announced that it will reimburse victims of the Ronin bridge hack and reopen the bridge next week. In March, hackers stole more than $620 million in the heist, which included roughly 17,600 Ether (ETH) and 25.5 million USDC tokens. According to a Bloomberg report on Friday, Once the bridge reopens…
Tl;dr: The replatforming of Coinbase Wallet’s mobile app reflects our commitment to improving access to web3. In this blog, we discuss why the transition to React Native marks a critical turning point for both our users and our technical teams. By Chintan Turakhia, Director of Coinbase Wallet Engineering, and Dan Coffman, Coinbase Wallet React Native Lead gm This week, we…
sponsored The leading virtual currency exchange, Bitcoin of America, announced its return to BTC 2022 in Miami. The company made headline last year for promoting females in a male dominant industry. Once again, Bitcoin of America made a splash at BTC 2022 with its all-female team. Bitcoin of America sent some of their top women executives to the conference. Bitcoin…
Joe Grand, a computer engineer and hardware hacker known by many for recovering crypto from hard-to-reach places, spent hours breaking into a phone only to find a fraction of a Bitcoin. In a YouTube video released on Thursday, Grand traveled from Portland to Seattle in an effort to potentially recover “millions of dollars” in Bitcoin (BTC) from a Samsung Galaxy…
