The latest discovery in the long-drawn Terra ecosystem saga contradicts many of Do Kwon’s early claims.
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Report: Korean authorities orders freeze of $67M of Bitcoin tied to Do Kwon
The latest discovery in the long-drawn Terra ecosystem saga contradicts many of Do Kwon’s early claims.
Vietnam’s crypto adoption: Factors driving growth in Southeast Asia
Vietnam has the highest crypto adoption rate in the world. There are numerous factors driving the trend.
Ethereum fork token ETHPoW climbs 150% after smart contract hack — A fakeout rally?
ETHW has logged a significant price rebound despite its blockchain network, ETHPoW, suffering a smart contract hack in the first week after its launch.
Bull trap risks surround ETHW market
ETHW rebounded more than 150% eight days after the attack and traded for around $10.30 on Sept. 27.
Fundamentally, this suggests that traders ignored the hack and trusted ETHPoW's long-term viability as a blockchain project.
But from a technical perspective, the ETHW price rally has accompanied weaker trading volumes. In other words, fewer traders have been involved in the pumping of the ETHPoW token's price in the past eight days, as the Bitfinex exchange data shows in the chart below.
ETHW/USD daily price chart. Source: TradingViewThe growing divergence between ETHW's rising prices and falling trading volumes suggests that traders' interest in the ETHPoW token has been dwindling. In other words, ETHW's price risks a sharp correction in the coming days.
Ethereum fork token ETHPoW climbs 150% after smart contract hack — A fakeout rally?
ETHW has logged a significant price rebound despite its blockchain network, ETHPoW, suffering a smart contract hack in the first week after its launch.
Bull trap risks surround ETHW market
ETHW rebounded more than 150% eight days after the attack and traded for around $10.30 on Sept. 27.
Fundamentally, this suggests that traders ignored the hack and trusted ETHPoW's long-term viability as a blockchain project.
But from a technical perspective, the ETHW price rally has accompanied weaker trading volumes. In other words, fewer traders have been involved in the pumping of the ETHPoW token's price in the past eight days, as the Bitfinex exchange data shows in the chart below.
ETHW/USD daily price chart. Source: TradingViewThe growing divergence between ETHW's rising prices and falling trading volumes suggests that traders' interest in the ETHPoW token has been dwindling. In other words, ETHW's price risks a sharp correction in the coming days.
Global think tank suggests blockchain in public finance can help reduce fraud
Modernizing public finance management through blockchain could help governments identify potential corruption and waste by providing additional transparency and traceability.
Redditors share ‘reasonable’ goals in response to crypto billionaire survey
A survey showed that more than 70% of respondents believe they have the right tools to become crypto billionaires.
More ancient Bitcoins leave from its wallet after 10-year hibernation
BTC price action in 2022 is being accompanied by seriously old coins leaving hibernation after ten years or more.
More ancient Bitcoin leaves its wallet after 10-year hibernation
Bitcoin (BTC) is seeing some of its oldest coins come back to life after a decade lying dormant.
The latest on-chain data reveals that two-year BTC price lows have reawakened the most ancient part of the supply.
"Very old" Bitcoin come back to life
As BTC/USD returns to levels not seen since Q4 2020, questions are arising over how long-term holders will respond.
The on-chain picture is mixed — the dormant supply is aging, but certain old hands are showing signs of wanting to sell at current prices.
The latest piece of the puzzle comes in the form of BTC returning to circulation after remaining in the same wallet for at least ten years.
Galaxy Digital to provide market data to blockchains with Chainlink
Galaxy announced that they will provide market data so that smart contract developers can build better blockchain applications.
Bitcoin gains 5% to reclaim $20K, eyes first 'green' September since 2016
A classic snap of sideways trading action sees the Bitcoin price aim higher, but concerns remain over what happens next.
Bitcoin gains 5% to reclaim $20K, eyes first 'green' September since 2016
Bitcoin (BTC) delivered long-anticipated volatility on Sep. 27 as a squeeze higher resulted in a push beyond $20,000.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price 9-day highs greet traders
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it added over 7% after the Sep. 26 close.
Local highs of $20,344 appeared on Bitstamp before the pair began consolidating at around $20,200.
The move naturally did not go unnoticed by in trading circles, but opinions differed over the outcome, amid warnings that the whole episode may end up trapping overoptimistic traders taking late long positions.
“No [rejection] yet, but soon. Expecting higher for now,” popular Twitter account Il Capo of Crypto summarized, sticking by a theory which demanded new lower lows than the sub-$19,000 levels seen over the past week.
Russia aims to use CBDC for international settlements with China: Report
Russia is currently in the pilot phase of its CBDC development and is expected to complete the development by early next year.
Nuclear and gas fastest growing energy sources for Bitcoin mining: Data
Some governments can negatively impact Bitcoin's environmental footprint by banning BTC mining, according to new data from Cambridge.
Nuclear and gas fastest growing energy sources for Bitcoin mining: Data
Some governments can negatively impact Bitcoin's environmental footprint by banning BTC mining, according to new data from Cambridge.
Yat Siu: Asia GameFi opportunity huge as gamers don’t hate NFTs
The Animoca Brands co-founder suggested that Asian gaming companies don’t have to deal with the same amount of pushback against NFTs that U.S companies have faced.
Cyber sleuth alleges $160M Wintermute hack was an inside job
James Edwards bases his accusations on what he feels are dubious transactions and smart contract code that doesn’t match the post-mortem analysis.
Nifty News: Walmart steps into the Metaverse, @NFT founder hacked and more
AC Milan partners with Solana blockchain-based football game MonkeyLeague, while Pixelmon attempts a comeback after poor reception to its NFT collection in February.
New Cosmos whitepaper repurposes ATOM token and refines vision
Interoperability-focused blockchain network Cosmos has dropped a new whitepaper proposing a revamped Cosmos Hub aimed at strengthening interoperability and security, along with key changes to its native ATOM token.
The new Cosmos whitepaper was released on Monday at the Cosmoverse conference in Medellin, Colombia. The upgrades outlined in the whitepaper are still technically in “proposal” status but changes are expected to be made on-chain on Oct. 3.
Cosmos is an ecosystem of blockchains designed to scale and interoperate with each other. Cosmos Hub was the first blockchain to be built on Cosmos, which initially served as an intermediary between other interconnected blockchains.
The ATOM token is used to transact within the Cosmos ecosystem, which can also be used for governance and staking purposes.
Under the proposed changes, Cosmos will become a more interoperable, decentralized, and secure ecosystem.
New Cosmos whitepaper repurposes ATOM token and refines vision
The news comes a couple of weeks after research firm Delphi Labs announced it would shift the focus of its research and development efforts toward the Cosmos ecosystem.