An analysis carried out by the financial services company – Bankrate – determined that US millennials are not as enthusiastic about cryptocurrencies as they were last year. Around 30% said they feel comfortable investing in digital assets compared to 50% in 2021. The Latest Change in Trends Younger generations, including millennials and Generation Z, are among the most active demographic groups in the cryptocurrency space. A recent survey, though, revealed that the former had...
Read More »Argentinian UFC Fighter Cannetti to Receive Salary in USDC
Guido Cannetti – an Argentinian mixed martial artist who competes in the UFC – partnered with the crypto-focused payment company Bitwage to become its ambassador. In addition, he will start receiving all his earnings in the stablecoin USDC instead of fiat currency. ‘USDC is Safer’ In a recent announcement, Bitwage said it is “thrilled” to collaborate with Cannetti. Using the platform, the athlete, known as “El Ninja,” will get 100% of his salary in USDC via the Stellar...
Read More »Jackson Palmer Wants to Be Free of Elon Musk
Elon Musk has long been a fan of Dogecoin. He has always been there to support it and try to help it get to the moon. What’s funny is that the only person who’s not too happy about this is Jackson Palmer, one of the men behind the popular meme currency. Elon Musk and Jackson Palmer: A Strange Relationship Palmer is one of the most interesting figures in the crypto space. He says that the popular digital currency Dogecoin was initially created as a joke; a way of making...
Read More »SOL Drops 6% as Solana Suffered Another Network Outage
The Solana blockchain experienced yet another outage late on Friday, but it’s back online after getting restarted. The protocol’s native cryptocurrency dropped by 6% daily as a consequence of the latest network outage. The Solana Status Twitter page informed late last night about the network issues as it stopped processing transactions. Shortly after, Stakewiz – an entity operating a validator node on Solana – provided more details, saying validators stopped voting at 22:41...
Read More »Did Bitcoin Get Caught Up in Hype Surrounding The Merge?
In mid-September, bitcoin – the world’s number one digital currency by market cap – ran above the $22,000 mark for the first time in nearly a month. Bitcoin Experienced a Small Surge in Mid-September Everyone was praising the move given the asset had recently hit a price below $19,000, something it hadn’t done since June of this year. This means that after hitting a near-three-month low, the world’s primary digital asset seemingly shot up by close to $4,000, marking what...
Read More »Janet Yellen’s Reign as US Treasury Secretary: Her Impact on Crypto
Janet Yellen – an American economist currently serving as the 78th US Secretary of Treasury – has displayed her anti-crypto position numerous times. During her 20-month reign, she has argued that bitcoin is unsuitable for conducting financial transactions and that people should not rely on investing in digital assets as part of their retirement strategy. Some recent reports hinted that Yellen could leave her post after the midterms at the beginning of November. It remains...
Read More »MicroStrategy Will Sell Stock to Buy More BTC
We all love bitcoin. There’s no doubt about that, but is it possible to love bitcoin a little too much? People like Michael Saylor of MicroStrategy fame are putting this question into our heads with their recent purchasing decisions. MicroStrategy Still Loves BTC Not long ago, it was announced that MicroStrategy was going to sell roughly $500 million in shares. Right now, the price of the company stock is dropping, meaning that whatever money the company gets for the...
Read More »Analysten sehen Preisanstieg für Bitcoin in diesem Monat
Zum Monatsende ging es nochmal unter 20.000 US-Dollar für den BTC. Insgesamt hat sich der Preis jedoch im Vergleich zum Monatsbeginn kaum bewegt. Doch im Oktober könnte sich dies ändern, wenn wir den Analysten glauben können. Bitcoin News: Analysten sehen Preisanstieg für Bitcoin in diesem MonatGenerell gibt es viele Analysten, die einen Anstieg des Preises projizieren. Konkret wird zum Beispiel auf Bitcoinist von einem Preis knapp unterhalb von 23.000 US-Dollar bis Ende Oktober gesprochen....
Read More »How a Bot Gained and Lost Over $1 Million of ETH in One Night
On Tuesday night, an Ethereum MEV bot gained 800 ETH through the use of clever arbitrage, only to lose all of it and more to a hacker an hour later. Here’s how the situation played out on-chain: The event began with a third-party trader mistakenly losing nearly $2 million to spreads on Uniswap v2 trade. While he initially traded in 1.8 million cUSDC, he only received 518 USDC in return. According to Flashbots Product Lead Robert Miller, this only created a “massive arbitrage...
Read More »Storepay Coin (SPCFIN) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Sep. 29, 2022 – LBank Exchange, a global digital asset trading platform, has listed Storepay Coin (SPCFIN) on September 29, 2022. For all users of LBank Exchange, the SPCFIN/USDT trading pair is now officially available for trading. As a blockchain-based payment platform, Storepay bridges crypto with real-life application through ethical fintech services, enabling B2C and B2B users to Buy Now, Pay Later without any interest. Its native token...
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