While bitcoin prices hover just below the $22K mark, the leading crypto asset has still shed more than 9% against the U.S. dollar during the last two weeks. Despite the lower prices, Bitcoin’s hashrate has jumped significantly in recent times and block intervals have sped up a great deal. The trend suggests that when the blockchain network’s difficulty changes four…
Out in the cryptosphere, there’s a vast amount of wealth that’s seemingly out of reach. A long-running statistic suggests four million Bitcoin — almost 20% of the total supply — has been lost forever. Much of it was mined when the network was just beginning, with early adopters tearing their hair out after losing their private keys. One Welshman has…
In a cease-and-desist letter to fast-growing crypto exchange FTX, the Federal Deposit Insurance Corporation (FDIC) shed light on a now-deleted tweet from the exchange’s president, Brett Harrison, and issued a stark warning over the company’s messaging. Harrison’s original tweet said, “Direct deposits from employers to FTX US are stored in individually FDIC-insured bank accounts in the users’ names.” He added,…
The price of Bitcoin took a hit this morning, falling near $20,000, after Federal Reserve Chair Jerome Powell said the U.S. central bank may well keep raising interest rates. At the time of writing, the biggest cryptocurrency by market cap was trading for roughly $20,600, according to CoinGecko data—a 24-hour drop of 3.7%. Bitcoin has been battered this year following…
The wife of crypto evangelist and computer programmer John McAfee has responded to a claim made by an ex-girlfriend that her husband faked his death and was currently in hiding. John McAfee died in a Spain prison cell in June 2021 while awaiting extradition to the United States on charges including allegedly failing to submit tax returns from 2014 to…
Cardano rose to a one-week high earlier in today’s session, despite cryptocurrency markets mostly trading in the red. Aave was also higher on Friday, with the token remaining close to its highest point in the past week. As of writing, the global crypto market cap is 0.43% lower. Cardano (ADA) Cardano (ADA) was one of Friday’s notable gainers, as the…
Bitcoin (BTC) rose rapidly later on Aug. 26 as fresh economic data from the United States furthered hopes of a pivot from the Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin bounces but preserves intraday trend Data from Cointelegraph Markets Pro and TradingView tracked a 3.55% rise for BTC/USD on the day, allowing the pair to match highs from…
Ripple (XRP) price saw a major spike on Aug. 26, hinting at a possible effect from some big traders. Large XRP transfers, Ripple Swell Global event Notably, XRP’s price jumped 6% to $0.37, a two-week high, during the early London hours. The token’s upside move occurred hours after its network processed three massive transfers worth $51 million involving crypto exchanges Bitso…
Lido Finance’s native token, LDO, has fallen almost 10% earlier this morning—representing the largest financial drop within the top 100 cryptocurrencies on the market. It has since recovered, however, from today’s low of $1.91 to roughly $2 at press time. The bearish move comes amid weeks of stagnant appetite for Ethereum staking services within the market. Lido Finance is a…
Tl;dr: The following post details how we measure client performance across products and cross-functional teams at Coinbase. By Leonardo Zizzamia, Senior Staff Software Engineer A lot has changed since 2018 when the Coinbase web team consisted of only a few engineers. Back then, while working on making our product faster with a small group across a single platform, we could…
