Bitcoin (BTC) might have failed to sustain the $42,000 support, and for many, this is a slightly bearish sign. Interestingly, the downward move occurred shortly after Saudi Aramco, Saudi Arabia’s largest oil exporter, denied having claimed to start mining Bitcoin. Top traders at exchanges seized...
Blockchain
Blockchain
Breaking: BSV reportedly suffers ‘massive’ 51% attack
Bitcoin SV has reportedly suffered a “massive” 51% attack beginning at around 11:46 am Eastern Daylight Time on Tuesday, resulting in up to three versions of the chain being mined simultaneously. Analytics provider Coin Metrics confirmed Tuesday afternoon that its FARUM risk management platform had identified...
Ethereum’s London hard fork is expected to arrive on Thursday, ushering in EIP-1559
Ethereum’s London upgrade is set to activate on Thursday, according to the countdown available on Ethereum.org. “The London upgrade is scheduled to go live on Ethereum in August 2021, on block 12,965,000,” Ethereum.org reads. “It will introduce EIP-1559, which reforms the transaction fee market, along...
Terra (LUNA) price rallies 162% while Bitcoin and altcoin prices drop
Bitcoin (BTC) price appears to have faked out investors with its move to $42,000 last week and while the digital asset struggles to hold above $38,000, altcoins with strong fundamentals and real-world applications are gaining momentum. Terra (LUNA), a blockchain protocol that backs the fiat-pegged TerraUSD...
‘Nakamoto’s innovation is real,’ says SEC Chair Gary Gensler
Gary Gensler, chair of the United States Securities and Exchange Commission, or SEC, believes that the blockchain revolution started by Satoshi Nakamoto in 2008 is more than just a fad, but a real value proposition for the future of the internet. In an interview with...
Smart contract automator Gelato brings liquidity management to Zerion
Gelato Network, a protocol that automates smart contract executions on Ethereum (ETH), has integrated with decentralized finance (DeFi) aggregator Zerion to help users better manage liquidity when interacting with decentralized exchanges (DEXs) like Uniswap. The partnership enables Zerion’s over 200,000 monthly active users to have...
Bitcoin eyes $36K support as chart hints at potential golden cross within weeks
Bitcoin (BTC) returned to hit local lows of $37,500 on Wednesday in a fresh installment of its comedown from above $42,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “So far so good” as BTC cools Data from Cointelegraph Markets Pro and TradingView showed BTC/USD repeatedly...
Binance to bring Bitcoin payments to Shopify via new partnership
Binance, the world’s largest cryptocurrency exchange by trading volumes, continues actively expanding into the crypto payments industry through a new crypto-to-fiat integration. The company announced Tuesday a partnership with crypto-fiat hybrid payment platform Alchemy Pay to enable peer-to-peer (P2P) crypto payments at over 2 million...
Rothschild’s trust led funding round for Aspen Digital’s London expansion
Prominent British banker Jacob Rothschild’s investment firm Rothschild Investment Trust (RIT) Capital Partners partnered with New York-based Liberty City Ventures to lead pre-A funding for Aspen Digital, a crypto asset investment platform. According to an official announcement, the funding round ended up raising $8.8 million...
FTX launching NFT sports platform, backs LCS esports league with 7-year deal
FTX is launching a nonfungible token (NFT) platform centered on sports and entertainment and has also stitched up a new sponsorship with professional esports league the League Championship Series LCS. According to Variety, FTX US is teaming up with Dolphin Entertainment to create a “large...