BTC price to retest $72K as Bitcoin sets up $7B liquidation showdown

Solana blockchain's native asset SOL soared to a new record high on Aug. 16.The SOL/USD exchange rate rose by 26.12% to $65.467 on the Binance exchange after traders assessed a flurry of infrastructural developments in the Solana ecosystem, including a recent $70 million crowdfund to support its blockchain-powered decentralized exchange, Mango Markets.Solana ecosystem upgradesMango offers…

BRD has added Hedera's HBAR coin to its digital asset wallet, in addition to the project's Blockset integration. 994 Total views 21 Total shares BRD recently updated its wallet compatibility, allowing storage of Hedera Hashgraph's HBAR coin. "In addition to the integration in the BRD consumer wallet, Hedera’s network data will be supported in BRD’s recently…

Taiwanese digital currency trading platform Maicoin has entered talks with social media giant Facebook regarding its possible membership in the Libra Association.As local English language media outlet Taipei Times reported on Aug. 21, Maicoin is seeking to participate in the Switzerland-based Libra Association that works on the development of Facebook’s long-awaited stablecoin Libra. Specifically, the…

Midas CEO Iakov Levin said that after the Terra, FTX and Celsius collapse, users withdrew more than 60% of their assets under management. 323 Total views 14 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTCustodial CeDeFi investment platform Midas will close down its operations because of a $63.3 million deficit in…

Vakt, a blockchain-based post-trade platform for commodities, has signed a memorandum of understanding with essDOCS, a firm that develops paperless trade solutions, to put European shipping on the blockchain.As markets and technology-focused outlet Benzinga reported on Sept. 20, Vakt and essDOCS will work on a blockchain-based solution that will allow digitization of post-trade process in…

Welcome to Cointelegraph China Focus.Focus is a new talk show series launched by Cointelegraph China that covers the hottest topics from around the world. Cointelegraph China Focus invites blockchain industry leaders from all around the globe to participate in discussions. The show is hosted by Vadim Krekotin, the co-founder and CEO of Cointelegraph China.Jeffrey Wernick…

Ireland-based global consulting firm Accenture and Italy-based insurance giant Generali Group’s employee benefits unit have debuted a blockchain solution for employee benefits. The partnership was announced in a press release from the firms on April 16.Generali Employee Benefits (GEB) is an employee benefit solutions provider and global business line of Italy’s largest insurance firm —…

Ever since Warren Buffett gave an interview in which he stated “I don’t own any cryptocurrency” and rebuffed the idea that there was any value in Bitcoin, responses from the crypto community and media outlets have been spreading like wildfire. Tron (TRX) Founder Justin Sun immediately came forward and claimed that the blockchain could prove Buffett…

British auditing giant EY has released a new iteration of its zero-knowledge proof (ZKP) blockchain, intending to cut transaction costs by 90%.A ZKP is a digital protocol that enables data to be distributed between the two participants without using a password or any associated information in the transaction.According to an announcement on Dec. 19, EY…