Crypto news

The first half of October has seen numerous crypto-related companies securing multi-million fundraisers. Some examples include Horizon Blockchain Games, Step, Uniswap Labs, Copper Technologies, and the investment start-up Pillow. Since the beginning of the year, digital asset firms have raised over $30 billion. Andreessen Horowitz and Sequoia Capital played a key role, both completing $9 billion fundraisers. The Beginning of October At the start of the month, the blockchain...

Michael Saylor of MicroStrategy fame is still a major bitcoin believer. Despite all the bearishness that’s happened with the world’s number one digital currency over the past several months, Saylor is confident the currency could potentially come back from its recent mega drops and will again find itself trading above $65,000 in the next four years or so. Michael Saylor Still Loves BTC He even went so far as to say that within the next decade, the price of a single...

Bitcoin’s price has been trapped inside a consolidation range between $18K and $25K for months already, and is trading sideways with extremely low volatility. However, the primary cryptocurrency is now closer to the lower boundary of the range around $18K, and if this level breaks, we can expect new yearly lows. Technical Analysis By Shayan The Daily Chart The following chart indicates that the market suffers from insufficient activity and a lack of demand. As a result, the...

Lamborghini of Austin has announced that it will now allow customers to pay with various digital currencies for vehicles. Lamborghini of Austin Is Open to Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like statuses in recent years, many of them were initially designed to serve as...

The minable version of Ethereum has garnered a lot of attention since it spawned as a hard fork this time last month. In a move remnant to the 2017 genesis of Bitcoin Cash (BCH) from its big brother, EthereumPoW may have started another fork war between proponents of each respected network. The fork was spawned by former Ethereum miner and ICO investor Chandler Guo, who tweeted on Oct. 14 that more than 100 projects have been launched on the network in just a month. now more...

Jesse Powell – the man who brought popular digital currency exchange Kraken to life – is stepping down from his post with the company. Kraken CEO to Remain Onboard as the Chairman Powell will no longer serve as the chief executive of the firm, according to recent news reports. He will be replaced by the chief operating officer Dave Ripley, who first joined Kraken in the year 2016. The transition will occur gradually over the next few months and Mr. Powell will remain...

With October becoming one of the worst months in terms of hacks against crypto platforms, Mango Markets – a Solana-based DeFi project – stood out with an exploit worth about $115 million. The latest developments brought some relief to affected users but also showed how a hacker could profit legitimately by founding vulnerabilities in DeFi protocols. The Multi-Million Hack CryptoPotato reported earlier this week when the Solana-based project became the latest victim to a DeFi...

[PRESS RELEASE – Sydney, Australia, 15th October 2022] The themed NFTs include Devcon VI branding and are available to verified ticket holders, with future royalties to be split with charities Smart Token Labs has used its BrandExtender derivative NFT solution to create a unique NFT offering for 6,000 attendees at Devcon VI in Bogota this week Each attendee has the opportunity to dress up a Cool Cat or World of Women NFT in Devcon VI branded outfits and other items and mint...

After the enhanced volatility at the end of the working week, bitcoin has calmed and stands firm at $19,000. Most altcoins are also quite stagnant now. On a weekly scale, though, there’re some evident winners, such as Huobi Token, and losers, like Cardano. Bitcoin Calms at $19K The latest US inflation numbers – 8.2% – announced on Thursday returned some of the recently lost volatility in the crypto markets, pushing bitcoin from $19,000 south to a multi-week low of $18,200....

Ethereum smart contract scaling solution developer Offchain Labs announced that it is acquiring Prysmatic Labs, one of the core engineering teams that architected the Merge and built Prysm. According to the announcement, Prysmatic Labs chose to join Offchain Lab because of the two companies’ alignment on core beliefs and shared commitment to scaling Ethereum. The move aligns with the team’s vision for a “sustainable future for Ethereum” by enabling greater communication for...