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Biggest Movers: AVAX Hits 2-Week Low as DOT Extends Recent Losses
28.2.2023
Avalanche fell to a two-week low on Tuesday, as the token broke out of a key support point. Prices fell below a floor at $17.50, which comes as the global cryptocurrency market cap is down by 1.01% as of writing. Polkadot also extended its recent losses, falling by nearly 3% on Feb. 28. Avalanche...
Solana Faces Renewed Criticism After 10th Downtime and Bumpy Restart, but Developers Remain Optimistic
28.2.2023
Following the initial incident on Feb. 25, Solana resolved the blockchain’s performance degradation after validators decided to restart the network. According to an outage report following more than 24 hours of downtime, Solana developers detailed that the “root cause is still unknown and under...
Chainlink and Monero trading volume declines, what does this mean for Orbeon Protocol?
28.2.2023
Despite price increases throughout January, Monero (XMR) and Chainlink (LINK) have experienced declines in trading volume. Recent market corrections have cast a cloud of doubt among investors, who are now less willing to buy into projects. While this could negatively impact Orbeon Protocol (ORBN)...
Solana CEO hoses down claims network outages caused by on-chain voting
28.2.2023
Solana Labs founder and CEO Anatoly Yakovenko said claims that Solana's network outages were caused by on-chain voting were born out of "pure ignorance."
Texas Doubles Down on Attempt to Block Binance.US Acquisition of Voyager Digital Assets
27.2.2023
Binance.US, the American arm of crypto exchange Binance, has hit yet another roadblock in its attempts to buy the assets of the bankrupt crypto lending firm Voyager Digital: Texas, USA, officials have once again objected to the deal between the exchange and the lender....
Read More: Texas Doubles...
Russian Darknet Markets, Ransomware Groups Thrive Despite Sanctions, Report
27.2.2023
Russian marketplaces on the dark web have continued to operate despite Western sanctions and efforts to shut them down, according to a report accessing the illicit blockchain space amid the world’s “first crypto war.” Ransomware actors and high-risk crypto exchanges have also remained active....
Market Strategist Michael Wilkerson Believes US Inflation Could Rise to 12% by Year-End Despite Predictions of Decrease
26.2.2023
While several market strategists and analysts expect U.S. inflation to drop considerably in 2023 compared with last year, Michael Wilkerson, founder of Stormwall Advisors, thinks the inflation rate could climb as high as 12% by the end of this year. The country’s inflation rate has cooled down over...
Bitcoin node connection shuts down: BlueWallet users urged to withdraw funds
24.2.2023
BlueWallet seeks to promote self-custody solutions and greater levels of decentralization with its decision to sever the connection to lndhub.io
Block's Q4 Bitcoin revenue down 7% on crypto price decline
24.2.2023
Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines
First Mover Americas: Cathie Wood Doubles Down on Coinbase
23.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Core Developer Marco Falke Steps Down From Maintainer Role
22.2.2023
Falke was Bitcoin Core’s most prolific contributor, with more than 2,000 commits over seven years
Coinbase Stock Tumbles 6% After Earnings
22.2.2023
Crypto exchange Coinbase (COIN) topped Q4 estimates Tuesday evening, but shares are sharply lower today alongside a sizable pullback in crypto
Translator Steps Down From Shonen Jump Manga After Declaring It Untranslatable
21.2.2023
Anime and manga enjoyers often come across the odd joke or pun in their favorite series that lands in Japanese but doesn’t translate well into English. While English translators do their damnedest to provide context behind either cultural or phonetic puns in editor’s notes (typically within a manga...
$200 Million Galois Crypto Hedge Fund Shuts Down as Half of Assets Stuck on FTX Exchange – This is What Happened
21.2.2023
Crypto hedge fund Galois Capital has closed its flagship fund after losing almost half of its capital in the FTX collapse, and later selling the claim to the assets.
The hedge fund confirmed the news in a Twitter thread on Monday where it said “it is true that our flagship fund is shutting down.”...
Composable Finance CEO denies legal violations as CTO steps down
21.2.2023
The CTO stepped down from the DeFi-focused infrastructure firm on Feb. 20, but not without some allegations aimed at his former company and its CEO
Crypto Hedge Fund Galois Capital Shuts Down — ‘We Lost Almost Half Our Assets to FTX Disaster’
21.2.2023
Crypto hedge fund Galois Capital is shutting down after losing about half of its assets to the FTX disaster. “Given the severity of the FTX situation, we do not think it is tenable to continue operating the fund both financially and culturally,” the fund’s co-founder told...
Cointelegraph Top 100 profiles 11–20: Getting down to the 2023 finals
20.2.2023
This batch of Cointelegraph’s Top 100 for 2023 includes rankings 11–20, with the SEC’s Gary Gensler just outside the top 10
Crypto Hedge Fund Galois Shuts Down After Losing $40 Million to FTX: FT
20.2.2023
Galois co-founder said the fund has halted all trading as it is no longer viable post-FTX
Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125
19.2.2023
In 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% over the last 30 days, and ethereum has risen 9.3% in the same timeframe. However, year-to-date statistics show that bitcoin is down 38.3%, and ethereum has lost 39.3% against...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $25,000 Following Recent Surge
17.2.2023
Bitcoin fell below the $25,000 mark on Friday, as markets moved into consolidation, following recent gains. Prices fell by almost $1,700 in the last 24 hours, with the global cryptocurrency market cap down 1.89% as of writing. Ethereum also dropped, after breaking into the $1,700 level on Thursday....