The crypto exchange reportedly cut the scope of sponsorship agreements inked with sports organizations including the Angel City Football Club, the 2022 FIFA World Cup and Twitch Rivals. Source: https://cointelegraph.com/news/crypto-com-downsizes-some-sports-partnership-deals-amid-market-downturn-report
The exchange alleges a 49% increase in user sign-ups across the Middle East and Northern Africa (MENA) region. Source: https://cointelegraph.com/news/binance-seeks-to-boost-web3-adoption-in-the-mena-region
When Meta CEO Mark Zuckerberg unveiled a first look at his company’s multi-billion dollar virtual reality metaverse gamble, Horizon Worlds, the internet mockingly derided the platform’s graphics—to the extent that Zuckerberg soon after issued a wounded apology, claiming Horizon was “capable of much more” and “improving quickly.” It appears that even the Meta employees working to make those improvements don’t…
On October 7, 2022, a bitcoin supporter named Jim Blasko explained that he discovered the oldest upload of Bitcoin’s version 0.1 codebase. The original code was thought to have been lost for more than a decade and with a “little browser hacking” Blasko was able to find the lost version 0.1 raw data and files stored on sourceforge.net. Bitcoiner Scrapes…
Markets corrected as U.S. jobs data reflected a stubbornly robust labor market, adding further confirmation to investors’ belief that the Federal Reserve will continue with its aggressive rate hikes. Source: https://cointelegraph.com/news/price-analysis-10-7-spx-dxy-btc-eth-bnb-xrp-ada-sol-doge-matic
For years, critics of Ethereum have lamented how slow it is. The core protocol can handle only 10-15 transactions per second, and fees frequently become unsustainable during times of high user activity. Developers have tried a number of solutions, among them sidechains, which shift transactions to a second layer where they are processed at speed and then referred back to the…
As bitcoin is coasting along under the $20K region, the network’s hashrate is still riding high at 250.04 exahash per second (EH/s) following the all-time high (ATH) the hashrate tapped on October 5. At the time of writing, the current speed at which blocks are processed is faster than the typical ten-minute average block intervals between the current block height…
Meme coins were trading lower on Friday, as markets reacted to the latest U.S. nonfarm payrolls report. The data showed that 263,000 jobs were added to the United States economy in September, versus the 250,000 expected. Both dogecoin and shiba inu fell for a third consecutive session. Dogecoin (DOGE) Dogecoin (DOGE) fell for a third consecutive session on Friday, as…
Users of the Mt. Gox exchange may be one step closer to getting their funds back after trustee Nobuaki Kobayashi announced options for repayment. Source: https://cointelegraph.com/news/mt-gox-trustee-sets-registration-deadline-of-jan-10-for-repayment-selection
Historically, October has been a month of positive price movements for Bitcoin (BTC), even leading to a popular “Uptober” meme. However, as the first full week of the month comes to an end, BTC has dropped from $20,146 to as low as $19,550 on Friday, marking a 3% loss over the past day. Since then, the leading cryptocurrency has recovered…
