Bitcoin analysis warns BTC price risks 2023 rerun when stocks shed 10%
Bitcoin bulls may be in for a grim reminder of how the start of Q4 can be difficult for BTC price bullishness.
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Monero community lashes out against ‘Mordinals’ amid privacy concerns
Nonfungible tokens (NFTs) are finally on the most infamous privacy-focused blockchain, but not everyone is happy about it. Mordinals, or Monero Ordinals, are similar to Bitcoin Ordinals in that they allow anyone to inscribe data alongside transactions stored on the Monero blockchain.From reduced privacy on the network to storing illegal content on an undeletable database,…

Alpha Homora loses $37 million following Iron Bank exploit
Though a "prime suspect" has been identified, how will the protocol make itself whole? 582 Total views 9 Total shares In one of the largest exploits of the DeFi era, this morning an attacker successfully drained over $37 million from Alpha Homora by leveraging Cream’s Iron Bank protocol-to-protocol lending platform. Alpha Finance Lab, whose protocol was…

JPMorgan Warns Stablecoins Like Libra at Risk of ‘System Gridlock’
The new breed of stablecoins led by Facebook’s Libra could be vulnerable to failure in periods of network stress. According to an analysis from JPMorgan released on Sept. 5, they lack the short-term liquidity of other payments systems, so usage could grow faster than the network can safely support.Transaction growth could outpace network capacityIn a note…

Fidelity Investments Seeks Talent for Its Digital Assets Division
American investment management company Fidelity Investments is seeking talent for its digital asset wing, Fidelity Digital Assets, according to the company’s job offer listing.Fidelity is looking for nine professionals in fields ranging from analytics and data engineering to blockchain solutions architecture and blockchain solutions engineering.The company is hiring a Vice President of Solutions Architecture (blockchain,…

Report: Chinese Publicly Listed Construction Company Turned Mining Firm Lost Over $23 Million
Chinese publicly listed construction company turned to cryptocurrency mining firm, Huatie HengAn, has reportedly been sold after its value decreased by over 90%. The development was reported by English-language local crypto-focused media 8btc on April 19.The firm has been reportedly sold for around 12 million yuan ($1.8 million), after its value decreased from 170 million…

Circle CEO warns of active and accelerating de-dollarization
The United States must capitalize on the “high demand” for digitally native U.S. dollars, particularly from those in emerging economies with weak local banking systems, the Circle CEO says. 226 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe United States must implement stablecoin legislation and digitize the…

Solana plans to improve its blockchain: Here’s how
After a network-wide slowdown left users frantic, Solana released plans to improve its latest network upgrade. 172 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe Solana network experienced a noticeable slowdown in block production after its most recent 1.14 network update on Feb. 25, as it went into…

Stellar Foundation Adds College Professor and Dropbox Brass
The Stellar Development Foundation added two member to its board of directors, bolstering the experience held on its roster. 718 Total views 22 Total shares The Stellar Development Foundation recently added two new members to its board of directors. In an April 21 statement provided to Cointelegraph, Dropbox chief communications officer, Lin-Hua Wu, as well…