Ethereum founder Vitalik Buterin is advising people to “decentralize your own security,” after weighing in on a Twitter discussion about using cold wallets. To prove his point, Buterin said that he keeps 90% of his crypto funds in a mutisig Safe wallet. “M-of-N, some keys held by you (but not enough to block recovery), the rest held by other people…
Month: May 2024
Figment takes over staking services for Dutch exchange Bitvavo
Institutional staking platform Figment will become Dutch exchange Bitvavo’s new staking infrastructure provider. Source: https://cointelegraph.com/news/figment-staking-dutch-exchange-bitvavo
FanSociety creator explains how NFTs can bring musicians and fans together
Fans want to journey alongside their favorite musicians as they explore their creativity and expand their catalog. FanSociety hopes to be the Web3 platform that makes this possible. Source: https://cointelegraph.com/news/fansociety-web3-nfts-musicians-fans-together-decentralization
Is Bitcoin price bouncing at 57K? Here's why these levels are key
Bitcoin is lingering near the $57,000 mark into FOMC, but is that the last the market will see when it comes to snap BTC price downside? Source: https://cointelegraph.com/news/bitcoin-price-bouncing-57k-why-these-levels-key
Bitcoin L2s set to explode as Runes congest BTC network
High transaction fees and network congestion from the Runes protocol are increasing demand for Bitcoin layer-2 solutions. Source: https://cointelegraph.com/news/bitcoin-l2-runes-btc-network
Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard
During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase have fallen by over 21% since last month, and in the same period, Marathon Digital Holdings’ shares have dropped more than 28% […] Source: https://news.bitcoin.com/crypto-market-downturn-hits-coinbase-microstrategy-and-mining-stocks-hard/
Bitcoin Technical Analysis: Uncertainty Looms as Bearish Patterns Persist
Bitcoin’s technical analysis reveals a protracted bearish trend, reflecting significant selling pressure and resistance to upward movement. With today’s price standing between $57,505 and $58,059 at 8 a.m. ET, oscillators and moving averages predominantly suggest a continuation of this decline. Bitcoin On the BTC/USD daily chart, the trajectory of lower highs and lower lows underscores […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-uncertainty-looms-as-bearish-patterns-persist/
Tether nets record $4.52 billion profit in Q1 2024 – majority from Bitcoin and gold
The majority, or $3.52 billion of the profit, stemmed from the firm’s financial gains on Bitcoin and Gold, while the additional $1 billion came from operating profits. Source: https://cointelegraph.com/news/tether-record-4-52-billion-profit-q1-2024
Losses from crypto hacks plunge 67% in April to $60 million
The amount stolen through crypto hacks, along with the number of successful attacks, has seen a sharp decline in April. Source: https://cointelegraph.com/news/crypto-hacks-april-fall-67-60-million
CARV Announces Decentralized Node Sale to Revolutionize Data Ownership in Gaming and AI
Santa Clara, California, April 30th, 2024, Chainwire CARV, the largest modular data layer for gaming and AI, today announces its highly anticipated debut node sale. This is another major milestone towards CARV’s mission to maximize data innovation while ensuring individuals can share the value created in a user-owned internet. Starting May 13, users worldwide can become part of CARV’s decentralized…