Fitch downgraded the US credit rating due to its government debt and potential challenges in handling its fiscal responsibilities. Will Bitcoin price benefit from this decision?
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
Base launches mainnet bridge UI for end-users, sets Aug. 9 for official launch
Coinbase's Base network began onboarding end-users through a bridge UI, and the team announced Aug. 9 as the platform's official launch date.
Base launches mainnet bridge UI for end users, sets Aug. 9 for official launch
Coinbase’s Base network began onboarding end users through a bridge UI, and the team announced Aug. 9 as the platform's official launch date.
The Sandbox implements KYC measures for protocol staking
Unverified users can still withdraw staked SAND but will be unable to make further deposits.
How will Bitcoin halving affect BTC price, and is DeFi dead?
Blockware Solutions account executive David Gamble told Market Talks host Ray Salmond that the crypto market will hit a $10 trillion market cap in the next few years.
How will Bitcoin halving affect BTC price, and is DeFi dead?
Blockware Solutions account executive David Gamble told Market Talks host Ray Salmond that the crypto market will hit a $10 trillion market cap in the next few years.
How will Bitcoin halving affect BTC price, and is DeFi dead?
Blockware Solutions account executive David Gamble told Market Talks host Ray Salmond that the crypto market will hit a $10 trillion market cap in the next few years.
Curve's crvUSD depegs as market reacts to shock events
The decentralized stablecoin is facing its first stress test since it was released in May, putting its PegKeeper algorithm to work.
Unibot maintains first mover status among Telegram crypto trading bots
Unibot (UNIBOT) token was among the top crypto gainers in July as its price rallied by 400% in a month to reach an all-time high of $199.90 on July 28. The project defied the market’s negative trend as both Bitcoin (BTC) and Ethereum (ETH) dropped by nearly 4%.
However, by August 3, 2023, the token's price retraced 44% from its peak, leading to doubts about whether this surge was merely a fleeting trend. Nevertheless, it is essential to consider the project's fundamentals, which seem to suggest otherwise.
The project is a harbinger of a newfound bullish narrative around decentralized Telegram bots for trading on DEXs. The total market capitalization of the sector surged above $150 million from around $20 million at the start of July, per Coingecko.
While a number of copycats have launched in the market, Unibot has a dominant market share, with 72.3% of the total market for decentralized Telegram bots for trading on DEXs. Since May 2023, Unibot has gained popularity with increased usage and price.
It provides features such as limit orders, MEV protection and snipping. Snipping enables instant purchase of newly listed token pools on Uniswap, which is preferred among high-frequency traders.
Individual charged with money laundering admits to hacking Bitfinex in 2016: Report
The identity of the hacker or hackers behind an exploit which removed more than 100,000 Bitcoin from Bitfinex in 2016 had only been the subject of speculation until Aug. 3.
NY Times defends article on Caroline Ellison: the public has a 'legitimate interest'
The media outlet claimed the public and press had a right to receive information on a "central participant in a financial scheme that defrauded investors of billions of dollars".
BTC price risks new sub-$29K dip as Binance fears test Bitcoin bulls
Bitcoin is not done with short-term BTC price downside, analysis predicts, with overall volatility still among its lowest-ever levels.
Web3 Gamer: Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take
Instagram CEO Zuckerberg’s $40B metaverse losses, AI-powered NFT RPG on Discord, new Web3 eSports platform and a hot take on Gods Unchained.
Web3 Gamer: Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take
Let’s get business out of the way before getting to the fun part: Meta, the parent company of WhatsApp, Facebook and Instagram, is heavily involved in virtual worlds through its metaverse unit, Reality Labs.
However, its investments have yet to pay off, with the metaverse company reporting collective losses of over $40 billion.
Despite the losses, investors are optimistic about Meta CEO Mark Zuckerberg’s long-term bet on the metaverse, sending the stock up 7% after hearing Zuckerberg’s reasoning on the Meta Q2 2023 Earnings call.
Meta’s stock price spiked to over $320 after Meta Earnings Call. (Google Finance)Wall Street seems convinced by his arguments, which are backed by Meta’s improved overall business performance as the platform saw its revenue increase in the second quarter. Zuckerberg aims to cover metaverse costs with the growth from Meta’s family of apps, which has increased by $2 billion, making it just over halfway to covering the $3.7 billion loss from Reality Labs.
I can’t guarantee you that I’m going to be right about this bet. I do think that this is the direction that the world is going in.”
Web3 Gamer: Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take
Instagram CEO Zuckerberg’s $40B metaverse losses, AI-powered NFT RPG on Discord, new Web3 eSports platform and a hot take on Gods Unchained.
Web3 Gamer: Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take
Instagram CEO Zuckerberg’s $40B metaverse losses, AI-powered NFT RPG on Discord, new Web3 eSports platform and a hot take on Gods Unchained.
Web3 Gamer: Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take
Instagram CEO Zuckerberg’s $40B metaverse losses, AI-powered NFT RPG on Discord, new Web3 eSports platform and a hot take on Gods Unchained.
Web3 Gamer: Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take
Let’s get business out of the way before getting to the fun part: Meta, the parent company of WhatsApp, Facebook and Instagram, is heavily involved in virtual worlds through its metaverse unit, Reality Labs.
However, its investments have yet to pay off, with the metaverse company reporting collective losses of over $40 billion.
Despite the losses, investors are optimistic about Meta CEO Mark Zuckerberg’s long-term bet on the metaverse, sending the stock up 7% after hearing Zuckerberg’s reasoning on the Meta Q2 2023 Earnings call.
Meta’s stock price spiked to over $320 after Meta Earnings Call. (Google Finance)Wall Street seems convinced by his arguments, which are backed by Meta’s improved overall business performance as the platform saw its revenue increase in the second quarter. Zuckerberg aims to cover metaverse costs with the growth from Meta’s family of apps, which has increased by $2 billion, making it just over halfway to covering the $3.7 billion loss from Reality Labs.
I can’t guarantee you that I’m going to be right about this bet. I do think that this is the direction that the world is going in.”
Web3 Gamer: Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take
Let’s get business out of the way before getting to the fun part: Meta, the parent company of WhatsApp, Facebook and Instagram, is heavily involved in virtual worlds through its metaverse unit, Reality Labs.
However, its investments have yet to pay off, with the metaverse company reporting collective losses of over $40 billion.
Despite the losses, investors are optimistic about Meta CEO Mark Zuckerberg’s long-term bet on the metaverse, sending the stock up 7% after hearing Zuckerberg’s reasoning on the Meta Q2 2023 Earnings call.
Meta’s stock price spiked to over $320 after Meta Earnings Call. (Google Finance)Wall Street seems convinced by his arguments, which are backed by Meta’s improved overall business performance as the platform saw its revenue increase in the second quarter. Zuckerberg aims to cover metaverse costs with the growth from Meta’s family of apps, which has increased by $2 billion, making it just over halfway to covering the $3.7 billion loss from Reality Labs.
I can’t guarantee you that I’m going to be right about this bet. I do think that this is the direction that the world is going in.”
Aave Chan founder proposes buying $2M CRV from Curve founder
The proposal drew mixed reactions from the community where some criticized the strategy for buying more CRV even as others are looking to shed exposure.