Following several months of headwinds for the crypto space, the crypto market trended lower in September. ETH fell significantly more than BTC as Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. ETH sold off sharply post-Merge in classic “buy the rumor, sell the news” price action. The downtrending crypto market and bleak macroeconomic environment continued to weigh…
gm: All Things Solana With Anatoly Yakovenko Solana has had a year of amazing growth—but also multiple network outages. Co-founder Anatoly Yakovenko joined Dan Roberts and Stacy Elliott on the gm podcast to talk about the outages, what’s next for Solana at its upcoming Breakpoint event, how it competes with Ethereum, how long he expects the bear market to last,…
Decrypt-O’s Ep. 3: Where Is Do Kwon? In this episode of Decrypt-Os, Sander Lutz is back on the street to search for Terra co-founder Do Kwon after Interpol issued a “red notice.” His search takes him to the home of a former CIA agent for guidance, and to the place where everyone missing goes to hide out: the mall. Source:…
Want to sue a crypto project that ripped you off? That will be $1 million, thank you. Luckily, there are options for those who face the daunting prospect of spending a small yacht’s worth of money in lawyer fees for their chance at crypto justice. In practice, the majority of victims of international blockchain scams find themselves with little hope…
The crypto community is upset about a recent discovery stemming from the Celsius bankruptcy case as a court filing has revealed over 14,000 pages of the usernames and trading histories of the company’s customers. While the file does not disclose personal information tied to the user’s finance providers or the customer’s residential address, the crypto community believes there are other…
India’s Reserve Bank outlined the pros and cons of a digital rupee as it looks to raise awareness around its CBDC project. Source: https://cointelegraph.com/news/india-s-central-bank-outlines-digital-rupee-cbdc-plans
FTX is launching bitcoin and crypto-backed debit cards in 40 countries. The exchange partnered with Visa and will focus on Latin America, Asia and Europe. Despite the bear market, Visa believes bitcoin holders still want to use BTC for payments. Visa has partnered with one of the world’s leading cryptocurrency exchanges, FTX, to launch bitcoin and cryptocurrency debit cards, per…
The popularity of decentralized finance played an integral role in the launch of MetaMask Institutional as companies looked to safely enter the space. Source: https://cointelegraph.com/news/the-blue-fox-defi-s-rise-and-the-birth-of-metamask-institutional
Bitcoin was trading below $20,000 on Friday, as markets prepared for the release of the latest U.S. nonfarm payrolls report. The token moved lower for the third consecutive session, as bearish sentiment returned to markets. Ethereum continued to consolidate ahead of this afternoon’s release. Bitcoin Bitcoin (BTC) was back below $20,000 on Friday, as traders continued to anticipate this afternoon’s…
Bitcoin decoupled with the stock market and saw its correlation with gold rise to a level not seen since last year. Source: https://cointelegraph.com/news/bitcoin-and-gold-face-headwinds-amid-strengthening-dollar
