Following the extremely volatile European markets during the past few days and the euro and pound dropping rapidly against the U.S. dollar, the Bank of England has decided to intervene in bond markets. U.K. government bond yields have been erratic and the pound sterling also dropped to a lifetime low against the greenback. On Wednesday, the Bank of England noted…
Month: September 2022
Pantera plans to raise $1.25B for second blockchain fund: Report
Dan Morehead, founder and CEO of Pantera Capital, reportedly said the hedge fund was planning to raise $1.25 billion for a second blockchain fund. According to a Sept. 28 Bloomberg report, Morehead said Pantera aimed to close the blockchain fund by May. The fund will reportedly invest in digital tokens and equity in an effort to appeal to institutional investors.…
Taro Launches Stablecoins On Bitcoin – Bitcoin Magazine
Lightning Labs on Wednesday released the first version of the Taro open-souce software to enable minting, sending and receiving assets on the Bitcoin blockchain. Taro daemon’s alpha release enables developers to issue tokens on testnet, an alternative Bitcoin blockchain made specifically for public testing. It allows developers to test applications with testnet coins instead of actual BTC with the additional…
Bitcoin ‘great detox’ could trigger a BTC price drop to $12K — Research
Bitcoin (BTC) is in a “dire condition” when it comes to adoption — but a silver lining is already visible, new research says. In the latest edition of its weekly newsletter, “The Week On-Chain,” crypto analytics firm Glassnode said that Bitcoin was going through a “great detox.” Bitcoin adoption returns to March 2020 Current BTC price action is pressuring everyone…
Bitcoin Design Community Announces October Designathon – Bitcoin Magazine
The Bitcoin Design Community, a group dedicated to open-source design for bitcoin products, is hosting a Designathon (a hackathon but for design) from October 12-23. The Design Bitcoin team is partnering with Bolt.Fun and its Legends of Lightning tournament while also seeking to coordinate with the TABConf Builder Day. The goal of the event is to connect builders and designers to collaborate…
QNT Hits 6-Month High, ATOM Falls to 20-Day Low – Market Updates Bitcoin News
While crypto markets were mostly lower on Wednesday, quant rallied to a six-month high earlier in the day. Today’s move came as the token broke out of a key resistance level, en route to its strongest point since March. Cosmos was another notable mover, dropping for a second straight session. Quant (QNT) Quant (QNT) rose to a six-month high on…
Trading for C98, GAL, RPL, STG and SYN starts September 29 – Deposit Now!
We’re thrilled to announce that Kraken now supports Coin98 (C98), Galxe (GAL), Rocket Pool (RPL), Stargate Finance (STG) and Synapse (SYN)! Funding and Trading Funding is live, and trading will begin on September 29 at approximately 14:30 UTC. Keep an eye on the status page for updates. You can add these tokens to your Kraken account by navigating to Funding,…
Cointelegraph Store introduces Halloween Crypto Monsters merch
From all-time highs to massive price dips, the crypto market can be tricky to navigate, which is why traders need cool merchandise that can get them all the treats this Halloween. Cointelegraph is here to assist and has dropped a Halloween collection to help hodlers express their belief in the industry’s bright future when it’s time to go trick-or-treating. Inspired…
Steve Newcomb of zkSync: 2023 Will Be ‘Zero-Knowledge Season’
Steve Newcomb of zkSync: 2023 Will Be ‘Zero-Knowledge Season’ Steve Newcomb, chief product officer of zkSync, tells Decrypt’s Liam Kelly in our Decrypting Mainnet series at Mainnet 2022 about why “zero knowledge” and EVM-compatibility matters so much for DeFi scaling solutions now. He also predicts the biggest crypto news of 2023 will be “the great port” to zk-proofs. Source: https://decrypt.co/videos/live-events/Y9n7UTiN/steve-newcomb-of-zksync-2023-will-be-zero-knowledge-season
Are decentralized digital identities the future or just a niche use case?
As users take advantage of online services and explore the internet, they eventually create a digital identity. This type of identity is then tied to central entities like Google and Facebook, which make it easier to share data with new services through simple sign-in buttons. While these digital identity management systems are convenient, they are relying on centralized intermediaries that…