Bitcoin sentiment is overly bearish, some claim, with BTC price protecting a key moving average trend line. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-holds-200-week-average-as-trader-says-inflection-point-is-here
Month: May 2023
Stargate community proposes removal of Fantom USDC pool to mitigate risks
So far, a total of 1.7 million verified members of the Stargate community have voted in favor of the proposal. Source: https://cointelegraph.com/public/index.php/news/stargate-community-proposes-removal-of-fantom-usdc-pool-to-mitigate-risks
What are NFT royalties, and how do they work?
NFT royalties make art and digital content a sustainable source of income for creators. As payments could typically be programmatic, there could be multiple creators who could benefit from this model. From a principle and economic standpoint, NFT royalties offer a number of advantages to the ecosystem. It is challenging to track the subsequent purchases of artwork in the Web2…
Institutions seek detailed blockchain analytics for crypto adoption — Elliptic
As more institutions explore digital assets, the need for on-chain analytics platforms has never been higher. Compliance experts, investigators and regulators employ these blockchain analytical tools to better understand the patterns and entities in cryptocurrency transactions. To learn more about the tools and how they fit into broader cryptocurrency adoption, Cointelegraph sat down with Tom Robinson, the co-founder and chief…
Biden reaches ‘tentative’ US debt ceiling deal: Report
United States President Joe Biden has urged the United States Congress to “pass the agreement right away.“ Source: https://cointelegraph.com/public/index.php/news/biden-rep-mc-carthy-tenative-u-s-debt-ceiling-deal-report
Stargate community proposes removal of Fantom USDC pool to mitigate risks
So far, a total of 1.7 million verified members of the Stargate community have voted in favor of the proposal. Source: https://cointelegraph.com/app/public/index.php/news/stargate-community-proposes-removal-of-fantom-usdc-pool-to-mitigate-risks
Biden reaches ‘tentative’ US debt ceiling deal: Report
United States President Joe Biden has urged the United States Congress to “pass the agreement right away.“ Source: https://cointelegraph.com/app/public/index.php/news/biden-rep-mc-carthy-tenative-u-s-debt-ceiling-deal-report
Tornado Cash governance control set to be restored as token votes approve proposal
The governance token holders of Tornado Cash will soon regain control over the protocol’s operations, thanks to an unexpected proposal put forth by the individual responsible for the attack. This development allows the community to regain authority and steer the protocol toward recovery and improved security measures. On May 26, the proposal to restore control to the original governance holders…
Arbitrum-based Jimbos Protocol hacked, losing $7M in Ethereum
Adding to the existing number of protocol hacks in the crypto industry, Jimbos Protocol has not escaped the sights of the attackers as it has suffered an attack resulting in a loss of a large amount of funds. According to PeckShield, a blockchain security unit, Jimbos Protocol, the liquidity protocol of the Arbitrum system, was hacked on the morning of…
Beijing releases white paper for web3 innovation and development
Beijing, the capital city of China, has reportedly unveiled a white paper with the objective of fostering innovation and advancing the web3 industry. The Zhongguancun Forum witnessed the release of the “Web3 Innovation and Development White Paper (2023)” by the Beijing Municipal Science & Technology Commission, also known as the Administrative Commission of Zhongguancun Science Park. According to the local…