BTC price’s “death chop” continues to characterize the aftermath of last week’s Bitcoin flash crash. Source: https://cointelegraph.com/public/index.php/news/bitcoin-analyst-btc-price-bounce-rsi-low
Month: August 2023
Friend.tech denies report that database of over 100K users was leaked
Friend.tech has hit back at a report that suggested that its API leaked the personal data of its users. Source: https://cointelegraph.com/public/index.php/news/friendtech-denies-report-leaked-user-data
Gold-backed BRICS currency will be ‘very hard’ to deliver: Lyn Alden
A common currency would be challenging for Brazil, Russia, India, China and South Africa to initiate and maintain, but it could have an impact on Bitcoin, inves… Source: https://cointelegraph.com/public/index.php/news/gold-backed-brics-currency-very-hard-to-deliver-lyn-alden
NFT Real-Life Use Cases – Decrypt
An NFT, also known as a non-fungible token, is a unique type of blockchain token by design. Unlike fungible tokens such as BTC, ETH, or SOL, each NFT is individual and has no identical token. Thus, NFTs can be used to prove the individuality or uniqueness of something—and typically have associated metadata tied to it, such as an image, video…
FTX’s Sam Bankman-Fried pleads not guilty to fraud charges: Report
Sam Bankman-Fried, the former CEO and founder of now-defunct crypto exchange FTX, reportedly pleaded not guilty to fraud and money laundering charges in a court… Source: https://cointelegraph.com/public/index.php/news/ftx-s-sam-bankman-fried-pleads-not-guilty-to-fraud-charges-report
Bitcoin analyst eyes ‘V-shape’ BTC price bounce as RSI hits 5-year low
Bitcoin (BTC) stayed stubbornly anti-trend on Aug. 22 as $26,000 became a magnet for intraday BTC price action. BTC/USD 1-hour chart. Source: TradingView BTC price “death chop” returns Data from Cointelegraph Markets Pro and TradingView tracked a third day of sideways performance on BTC/USD. Despite being heavily oversold according to relative strength index (RSI) readings, Bitcoin refused to offer any…
Chinese official sentenced to life in prison for Bitcoin mining, corruption
A Chinese government official has been sentenced to life in prison for both illegitimate business operations of running a 2.4 billion Chinese Yuan ($329 million) Bitcoin mining enterprise and unrelated charges of corruption. According to local media reports, on Aug. 22, the Intermediate People’s Court of Hangzhou City sentenced Xiao Yi, a former member of the Jiangxi Provincial Political Consultative…
Retro Gaming Console Atari 2600 Is Making a Comeback
The iconic Atari 2600 game console from 1977 will be reborn later this year as Atari revealed the Atari 2600+ on Tuesday—a modern riff on the classic, wood-paneled hardware that can play classic cartridges along with new ones. Set to release on November 17 at a price of $129.99, the Atari 2600+ has expected modern amenities like an HDMI port…
Blockchain takes the stage at Longevity+DeSci summit in New York
Those seeking to slow the progress of time spent a few days immersed in that possibility from Aug. 10–11 at the Capitale conference hall in downtown New York City. There, the sixth-annual Longevity+DeSci summit convened for its third in-person event — sequestered to online sessions amid the COVID-19 pandemic — following successful editions at the Cooper Union. This year also…
FTX’s Sam Bankman-Fried pleads not guilty to fraud charges: Report
Sam Bankman Fried, the former CEO and co-founder of FTX crypto exchange, has pleaded not guilty to fraud and money laundering charges levied in an updated indictment by prosecutors, according to a report. Bankman Fried appeared in the Southern District of New York courthouse on Aug. 22 facing accusations of misusing customer funds for personal use as well as for…