Bitcoin exchange balances ‘overrated?’ 140K BTC Mt. Gox payout sparks debate

Institutional traders have locked $56 billion into Bitcoin investment products after inflows totaled $97.5 million last week. 3346 Total views 7 Total shares Institutional traders have locked a record sum of capital into Bitcoin investment products despite trade volume declining during the second half of 2021.According to CoinShares’ Nov. 15 “Digital Asset Fund Flows Weekly”…

ShapeShift, a leading non-custodial cryptocurrency exchange, is planning to open-source its platform and dissolve its entire corporate structure — an unprecedented move that underscores the company’s commitment to decentralization. Largest airdrop in historyAs part of its decentralization pledge, ShapeShift plans to airdrop 340 million FOX tokens to over one million users who traded $1 or more…

Proof-of-stake (PoS) blockchain Cardano (ADA) is working on implementing commercial infrastructure. The coin’s officials have reassured the public that development is on schedule.During a March 13 YouTube livestream, Charles Hoskinson — the CEO of IOHK, the firm behind Cardano — said that official updates about the coin’s critical commercial infrastructure should be expected in the…

Parity chief marketing officer Peter Ruchatz discusses the ins and outs of Polkadot’s focus on interoperability at Token2049. 277 Total views 13 Total shares

Pricing oracles are playing a leading role in driving blockchain adoption. 2034 Total views 11 Total shares Google Cloud is incorporating core technology from Band Protocol, a decentralized oracle service, to enable “immediate and accurate analysis of financial time series data,” according to Kevin Lu, head of business development at Band. Lu announced Thursday that Band’s…

BTC is back at square one when it comes to this year's bull market, but unparalleled bids are doing their best to halt any further losses. 723 Total views 3 Total shares Bitcoin (BTC) breaking below $30,000 has cost it almost all of its 2021 bull run gains — but a historic silver lining is…

XRP risks declining further in the coming weeks despite its eye-grabbing intraday price moves. 856 Total views 19 Total shares XRP price saw a major spike on Aug. 26, hinting at a possible effect from some big traders.Large XRP transfers, Ripple Swell Global eventNotably, XRP's price jumped 6% to $0.37, a two-week high, during the early…

The crypto and tech industry has seen a slew of staff cuts this week against a backdrop of difficult market conditions, though on a positive note, some are bucking the trend.Crypto companies, including crypto exchanges, venture capital firms and blockchain developers, have been forced to reduce headcount in order to stay nimble amid the bear…

The key to survival for Bitcoin miners boils down to the delicate balance between the revenue and the operating cash flow. 151 Total views 5 Total shares Bitcoin (BTC) visiting the $20,000 range after one and a half years made mining — the most important job of the ecosystem — a costly affair. However, if…