Bitcoin critical indicator prints ‘bearish cross’ as it sinks below $58K
The crossing of this indicator on two different timeframes has signaled to traders that short-term performance may be weakening, sparking fear in the market.
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Ugandan Bitcoiner dreams of the secular economy: BTC Prague 2023
The Bitcoin community helped Uganda’s Brindon Mwiine travel to BTC Prague after winning tickets for his adoption efforts in East Africa. 342 Total views 2 Total shares A Ugandan Bitcoiner embarked on a community-funded trip from East Africa to Central Europe after winning tickets to BTC Prague for his adoption-driving efforts in his home country.Brindon…
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Hackers exploit zero day bug to steal from General Bytes Bitcoin ATMs
The hack meant that all crypto going into the Bitcoin ATM would instead be siphoned off by the hackers. 171 Total views 15 Total shares Bitcoin ATM manufacturer General Bytes had its servers compromised via a zero-day attack on Aug. 18, which enabled the hackers to make themselves the default admins and modify settings so…
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Web3 venture funding stabilizes after rocky 2023 — Crunchbase
Large funding rounds are still few and far between in Web3, according to Crunchbase.
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What directional liquidity pooling brings to DeFi
Modern decentralized exchanges (DEXs) mainly rely on liquidity providers (LP) to provide the tokens that are being traded. These liquidity providers are rewarded by receiving a portion of the trading fees generated on the DEX. Unfortunately, while liquidity providers earn an income via fees, they’re exposed to impermanent loss if the price of their deposited…
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Cryptopedia: Learn about Web3 and how it aims to transform internet services
Cointelegraph breaks down Web3 and how it can create a better version of the internet and give back control to the people. 302 Total views 27 Total shares In the newest episode of Cryptopedia, Cointelegraph's Jackson DuMont dissects Web3 and gives an insightful overview of how the next generation of the internet works. DuMont discusses…
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Run, blockchain, run! DeFi adoption needs faster block times
Global companies are implementing distributed ledger technologies in an attempt to gain efficiencies in areas such as global payments and supply chain transparency. Blockchain tech can replace slow, paper-based processes, as well as improve security.However, many of the platforms in use today suffer from poor design. Networks become clogged with traffic too easily, resulting in…
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Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Bloomberg Analyst: “Halving Is A Non-Event”
Bloomberg analyst Mike McGlone describes Bitcoin halving as a “non-event”. 1097 Total views 37 Total shares Bloomberg analyst, Mike McGlone, speaking to Cointelegraph described Bitcoin (BTC) halving as a “non-event”.Cointelegraph interviewed Bloomberg’s senior commodity strategist Mike McGlone to learn more about his Bitcoin bullishness. He emphasized that the work he does for Bloomberg Intelligence is…