Tag Archives: social

After the recent v0.15.3. update to the Lightning Network, a critical security vulnerability was discovered by independent cybersecurity researchers that would potentially allow bad actors to stop lnd nodes from parsing transactions. A Lightning Network Daemon (lnd) is a full implementation of a Lightning Network Node, along with the services and plug-ins that allow it to connect to the rest of the Lightning network, a Layer-2 blockchain for Bitcoin that enables smart...

Kathleen Breitman – Chief Executive Officer of the blockchain platform Tezos – thinks the ongoing cryptocurrency bear market is nowhere near its end. However, she believes a “small minority” of useful crypto applications will survive the challenging times and “thrive” in the future. The End of the Crypto Winter not Close Despite the recent revival of the cryptocurrency market, Breitman argued that the sector is far from starting a new bull run. In her view, enthusiasm and...

Ethereum (ETH) was on an absolute rampage to finish October with 20% 7D gains and record ETH short liquidations. Adding to the Web3 blockchain’s tailwinds, Alphabet Inc.’s Google just unveiled Blockchain Node Engine with support for Ethereum. In Blockchain Node Engine, Google boasts a fully managed node-hosting service for Web3 developers. Google Cloud touts Cloud for Web3 as a way for blockchain devs to: “Build and scale faster with simple, secure tools and infrastructure...

Mohamed El-Erian – Chief Economic Adviser at Allianz – thinks bitcoin will never emerge as a global reserve currency, and its price will not surpass the $100K milestone. Still, he believes the cryptocurrency sector will survive the ongoing bear market and remain a vital part of “the ecosystem of payments.” Bitcoin Isn’t Going to the Moon In a recent interview for CNBC, El-Erian described bitcoin as a technological innovation that reached its peak (nearly $70,000 in November...

2022 has been quite painful for investors, with most assets dumping hard. The cryptocurrency industry is no different. Bitcoin, for example, is down by about 70% since its peak in November 2021. Gold, however, is often touted as the preferred hedging choice in times of uncertainty, high inflation, wars, etc. As such, one would assume that it has been this year’s top performer. Its price movements for the past seven months portray a different story. Gold’s 7-Month Red Streak...

The finalization of the Twitter-Musk deal triggered a massive price expansion for the first-ever memecoin, which has soared by nearly 100% in less than a week. As a result, DOGE addresses richer than $1 million surpassed 1,000 for the first time since April 2022. The cryptocurrency market has recently taken a breath of fresh air after several months of prolonged crypto winter, and Dogecoin has been at the forefront. The token’s price started surging on the news that Elon Musk...

Today marks the 14th anniversary of the publication of the Bitcoin whitepaper. On this day in 2008, Satoshi Nakamoto released a nine-page document that began a financial revolution and birthed a trillion-dollar industry.  On October 31, 2008, the pseudonymous Satoshi released the Bitcoin whitepaper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” to a cryptography mailing list.  The Birthing of Bitcoin The mailing list was hosted by Metzdow and run by a group of...

The first ten days of the new month will be quite eventful for the US, with the latest FOMC meeting, CPI numbers, and mid-term elections all scheduled to take place within this timeframe. Given the history between notable announcements and events coming from the US and their impact on bitcoin, it’s safe to assume that there will be a lot of volatility for the asset soon. What Will Happen in the US Soon? The month kicks off with a Federal Reserve meeting, which will be on the...

Avraham Eisenberg, the software coder and crypto trader behind Mango Markets’ $100 million exploit, believes “profitable traders” like himself attract a lot of jealousy and hate from other crypto traders. Eisenberg shared his belief with Laura Shin during an interview on the Unchained Podcast on Friday. He argued that the public is bound to hate and criticize people who execute profitable arbitrages. Hate for Profitable Traders Recall that the Mango Markets exploit, which...

Bitcoin was stopped once again at $21,000 but has remained above the coveted $20,000 line. Dogecoin continues to steal the show ever since Elon Musk’s acquisition of Twitter became official, being up by triple-digits on a weekly scale. It’s Dogecoin’s Show It’s safe to say that the original memecoin is this week’s best performer. Up until Wednesday, Dogecoin struggled around $0.07, along with the rest of the market. However, the landscape started to change later this week...