Web3 advisor Hilary Kivitz discussed countermeasures that DAOs can employ against hostile takeovers during her talk at the EthCC 5.
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Busking on Bitcoin: How Lightning Network outperforms Ethereum for tipping
A busker in British Columbia got a lesson in the Lightning Network after a passerby offered to send some Bitcoin his way.
Aave taps Pocket Network to beef up decentralized app development
Aave will leverage Pocket's distributed network of 44,000 nodes to access on-chain data from various blockchains.
Aave taps Pocket Network to beef up decentralized app development
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Aave (AAVE), an open source decentralized finance (DeFi) protocol, is teaming up with decentralized Web3 infrastructure provider Pocket Network to offer developers increased scalability and ease of use when building decentralized applications (DApps) on the Aave Protocol.
According to the statement on Tuesday, Aave will use Pocket's distributed network of more than 44,000 nodes to access on-chain data from various blockchains to power decentralized applications. Developers building Aave-powered DApps may now access blockchain data from Pocket Network on demand following the new integration. Michael O’Rourke, CEO of Pocket Network, remarked that:
“The goal is to power the next wave of decentralized applications that combine Aave’s best-in-class liquidity market with Pocket’s unrivaled RPC coverage, which now supports 50 blockchains and is well on its way to achieving its goal of 100 blockchains in 2022.”
Aave taps Pocket Network to beef up decentralized app development
Aave will leverage Pocket's distributed network of 44,000 nodes to access on-chain data from various blockchains.
ApeCoin price eyes 45% rally following Otherside metaverse demo
ApeCoin (APE) rallied to start the week as traders considered Yuga Labs' decision to open its Otherside metaverse for selected users. In doing so, the token broke out of a technical pattern that hints at another 45% price rally by September 2022.
Otherside metaverse euphoria
APE's price surged by almost 23.5% week-to-date to reach $6.12 a token on July 19.
The weekly gains came as a part of a rally that started on July 16. Interestingly, Yuga Labs invited 4,300 players of its Otherside gaming metaverse for a demo—and the tour of its Bored Ape avatar online platform—on the day of APE's rally.
APE/USD daily price chart. Source: TradingViewThat suggests traders purchased APE after taking cues from the Otherside update, given it serves as a governance token at ApeCoin DAO. This "decentralized autonomous organization," or DAO, powers the ecosystem of apps and services deployed by Yuga Labs and third-party brands, including Otherside.
APE price eyes 45% rally
The Otherside euphoria has also prompted APE to exit a technical setup called the "ascending triangle."
ApeCoin price eyes 45% rally following Otherside metaverse demo
ApeCoin (APE) rallied to start the week as traders considered Yuga Labs’ decision to open its Otherside metaverse for selected users. In doing so, the token broke out of a technical pattern that hints at another 45% price rally by September 2022.
Otherside metaverse euphoria
APE’s price surged by almost 23.5% week-to-date to reach $6.12 a token on July 19.
The weekly gains came as a part of a rally that started on July 16. Interestingly, Yuga Labs invited 4,300 players of its Otherside gaming metaverse for a demo — and the tour of its Bored Ape avatar online platform — on the day of APE’s rally.
APE/USD daily price chart. Source: TradingViewThat suggests traders purchased APE after taking cues from the Otherside update, given it serves as a governance token at ApeCoin DAO. This decentralized autonomous organization (DAO) powers the ecosystem of apps and services deployed by Yuga Labs and third-party brands, including Otherside.
APE price eyes 45% rally
The Otherside euphoria has also prompted APE to exit a technical setup called the ascending triangle.
Bitcoin is for billions: Fedimint on scaling BTC in the global south
A community custody protocol, Fedimint wants to scale the Bitcoin network to a billion users located in the global south.
100X Bitcoin energy use would mean 'absurd' $20M BTC price — developer
For Bitcoin energy usage to increase to absorb more of the world's waste energy, its market cap would end up being $420 trillion, calculates Sjors Provoost.
100X Bitcoin energy use would mean 'absurd' $20M BTC price — developer
For Bitcoin energy usage to increase to absorb more of the world's waste energy, its market cap would end up being $420 trillion, calculates Sjors Provoost.
Ethereum staking service Lido announces layer-two expansion
Lido Finance has announced plans to offer its ETH staking services across the entire L2 system, as long as specific networks have “demonstrated economic activity.”
Celsius lawyers claim users gave up legal rights to their crypto
Lawyers for the bankrupt crypto lender reaffirmed that user funds essentially belonged to the company and not the user, with potentially one major exception.
FBI issues public warning over fake crypto apps
Fake crypto apps appear to be part of an ongoing game of whack-a-mole with app store operators.
RUNE Pumps 18% as THORChain deactivates non-native tokens
The BEP-2 and ERC-20-based variants are being swapped out for the upgraded native RUNE token after THORChain's long-awaited mainnet late last month.
Data points to a Bitcoin bottom, but one metric warns of a final drop to $14K
The bear market is far from over, but according to Glassnode, several metrics suggest that Bitcoin capitulation already occurred.
Data points to a Bitcoin bottom, but one metric warns of a final drop to $14K
“When will it end?” is the question that is on the mind of investors who have endured the current crypto winter and witnessed the demise of multiple protocols and investment funds over the past few months.
This week, Bitcoin (BTC) once again finds itself testing resistance at its 200-week moving average and the real challenge is whether it can push higher in the face of multiple headwinds or if the price will trend down back into the range it has been trapped in since early June.
According to the most recent newsletter from on-chain market intelligence firm Glassnode, "duration" is the main difference between the current bear market and previous cycles and many on-chain metrics are now comparable to these historical drawdowns.
One metric that has proven to be a reliable indicator of bear market bottoms is realized price, which is the value of all Bitcoin at the price they were bought divided by the number of BTC in circulation.
Number of days Bitcoin price traded below the realized price. Source: GlassnodeAs shown on the chart above, with the exception of the flash crash in March 2020, Bitcoin has traded below its realized price for an extended period of time during bear markets.
3AC liquidators seek time, access to headquarters as Genesis, Algorand ties are untangled
In a court filing in Singapore, 3AC's liquidators seek to slow down an expected onslaught of suits while they figure out the company’s complex financial dealings.
Circle CSO lays out policy principles for stablecoins in US
Dante Disparte hinted the U.S. could take a leading role in stablecoin regulation in an effort to “avoid trans-Atlantic or global misalignment."
Celsius has finally filed for bankruptcy: Law Decoded, July 18-25
A crypto lending platform still hopes to stay afloat, but experts doubt such probability.
Celsius has finally filed for bankruptcy: Law Decoded, July 18-25
A crypto lending platform still hopes to stay afloat, but experts doubt such probability.