Bitcoin miner Hut 8 lands $150M investment amid AI boom

The "Coinbase pre-IPO contract" has seen extreme volatility on FTX derivatives exchange. 562 Total views 6 Total shares Investors with tokenized exposure to Coinbase (COIN) shares experienced extreme volatility Tuesday, as the value of their holdings plummeted in a matter of minutes.The selloff took place on FTX, a leading derivatives exchange, where the COIN-USD stablecoin…

Margin traders on Kraken are outraged after a flash-crash triggered wholesale liquidations while the exchange was inaccessible to users. 1373 Total views 8 Total shares Kraken users are demanding compensation after violent flash crashes localized to the exchange resulted in leveraged trades being liquidated amid the sharp retracements recorded across the crypto markets on Feb.…

Microsoft’s cloud platform Azure has introduced a proof-of-authority (PoA) algorithm on its Ethereum (ETH) blockchain product, according to a blog post Aug. 7. The new Ethereum network algorithm will reportedly allow a “more efficient” way of building decentralized applications (DApps) for private or consortium networks, where “all consensus participants are known and reputable.” In contrast…

Web3 is a decentralized, permissionless and trustless ecosystem that transfers control from a centralized entity to a pool of participants. Web2, on the other hand, is a centralized space dominated by companies like Google, Microsoft and others. Web3 refers to the next generation of the internet that is decentralized, making it fundamentally different from Web2,…

Cryptocurrency values are up, but so is the price of everything else in the United States! Investor curiosity in BTC grows as data shows U.S. inflation rose to a 30-year high. 715 Total views 24 Total shares Consumers in the United States and around the world continue to feel the pinch of inflation and recent…

Ethena’s synthetic stablecoin USDe can benefit from incorporating UStb during periods of weak funding conditions, Ethena Labs said.

Siu noted that the Metaverse won’t be a single or central entity but a combination of several metaverses. 564 Total views 5 Total shares

The United States House of Representatives has passed a bill to commission a study into how cryptocurrencies and online marketplaces can be used to facilitate sex and drug trafficking. The bipartisan bill — known as “the Fight Illicit Networks and Detect (FIND) Trafficking Act of 2019 (H.R. 502) — passed 412-13 yesterday, Jan. 28.As Cointelegraph…

New York-based blockchain analytics firm Chainalysis is extending access to its certification program in crypto fundamentals to the wider professional community.Announced on July 23, the company said that its Chainalysis Cryptocurrency Fundamentals Certification (CCFC) would from now on be open to professionals in the financial services sector, government employees and the wider enterprise community. Previously, the…