Crypto news

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...

An Indian district, Firozabad, about 40 km from Agra of Taj Mahal’s fame in the Indian province of Uttar Pradesh, would start the registration of complaints police complaints on the blockchain network.  The district, with 2.4 million people and 21 police stations, aims to achieve immutability and transparency of complaints lodged by victims of crime by leveraging this emerging technology.    Blockchain-Based Complaint Portal  “Using emerging technologies like Blockchain, a...

Hunter Horsley – CEO of the technology solutions provider Bitwise – believes bear markets are a great period when investors could increase their exposure to bitcoin. He estimated that the next bull run will begin next year, outlining that his firm’s clients have already increased their interest in the asset. Fortunes Are Made in the Bear Market In an interview for Bloomberg, Horsley outlined the historical pattern of bitcoin’s price movement. During its existence, the primary...

Nasdaq Inc. has a growing interest in cryptocurrency. So much so that it’s looking to expand itself in the crypto space by establishing a group that’s dedicated to digital currency research and custodial offerings, meaning it could soon be able to hold crypto assets for its many clients. Nasdaq Wants to Offer Crypto Custody Services The company’s plans were recently confirmed by its executive vice president Tai Cohen. The new group will be headed by a man named Ira Auerbach, who recently had...

After a lengthy period of defending the $1200, Ethereum momentarily fell below this level, followed by a quick recovery to $1,343. This price action highlights the significance of demand below the $1200 support level. Technical Analysis By Grizzly The Daily Chart: At the time of writing, the market has recovered from the volatility caused by the recently announced CPI numbers for September. Ethereum has returned to the 200-week moving average (in white). Considering the 61.8%...