Bitcoin in 42-day ‘boredom zone’ — traders debate next move

May 29, 2024
The Last Cryptocurency
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Cointelegraph Feed

Bitcoin’s price has sat in the “boredom zone” for over a month, leaving traders guessing about a potential surge or retracement.

The venture capital arm of General Electric (GE) has joined a $12 million investment round in blockchain startup Xage Security in order to develop its security fabric for industries from energy to building management, a press release confirmed July 23. The $12 million Series A funding round, led by March Capital Partners, included participation…

Canary Capital follows Bitwise in filing for spot XRP ETF

Canary Capital has filed for an XRP ETF, hot on the heels of Bitwise who filed for a similar product seven days ago.

Immunity Passports May Be Blockchain’s Killer-App, Says Overstock CEO

Overstock CEO Jonathan Johnson said that immunity passports to prove lack of coronavirus infection may push blockchain technology out of Bitcoin’s shadow. 3467 Total views 47 Total shares Overstock CEO Jonathan Johnson has claimed that private, consumer-controlled immunity passports may be the killer-app that propels blockchain technology into the mainstream.In an interview with PYMNTS, he…

Finance Redefined: Uniswap breaches $1T volume, WEF 2022 discussion on Terra, and more

The decentralized finance (DeFi) ecosystem continues to struggle with the ongoing market volatility and after-effects of the Terra ecosystem collapse. Over the past week, major DeFi protocols showed signs of increased trading activity, with Uniswap breaching the $1 trillion trading volume mark.Terra remained the focus of most of the discussions around blockchain and crypto at…

SBF: Crypto winter winding down, FTX to turn a profit as it serves as lender of last resort

Billionaire CEO of the FTX exchange Sam Bankman-Fried sees a stable crypto market and wider FTX product range ahead pending regulation and a recovering world economy. 225 Total views 6 Total shares The economic crisis in crypto is waning, FTX co-founder and CEO Sam Bankman-Fried thinks. He noted in an interview on Axios Pro Thursday…

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New tool enables ‘No Code’ blockchain deployment

BVM Studio introduces a no-code solution for blockchain deployment, promising accessible and quick blockchain creation with a drag-and-drop interface.

Engineer hacks Trezor wallet, recovers $2M in ‘lost’ crypto

Hacker helps Trezor One owner who forgot his wallet passcode and seed phrase to recover cryptocurrency funds valued over $2 million. 405 Total views 4 Total shares A computer engineer and hardware hacker has revealed how he managed to crack a Trezor One hardware wallet containing more than $2 million in funds.Joe Grand — who…

Hacker bungles DeFi exploit: Leaves stolen $1M in contract set to self destruct

A hacker apparently so thrilled by a successful theft left behind over $1 million in a smart contract that was set to destruct, permanently ensuring the crypto could never be moved. 787 Total views 4 Total shares In a rare comedic bungle among DeFi exploits, an attacker has fumbled their heist at the finish line…

Ethereum fork a success as Sepolia testnet gears up to trial the Merge

The difficulty bomb has been successfully delayed according to core dev Tim Beiko and Ethereum ecosystem developer Nethermind. 612 Total views 6 Total shares The difficulty bomb-delaying Gray Glacier hard fork went live on Ethereum on Thursday without a hitch according to the network’s core devs including Ethereum Foundation’s Tim Beiko.The Sepolia testnet is also…

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