Chainlink co-founder notes importance of oracle networks following NYSE glitch
Sergey Nazarov explained how Chainlink could remedy centralized points of failure inherent in centralized information processing systems.
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Crypto distribution is uneven among banks as prudential exposure rises: BIS report
One bank accounts for almost 62% of all crypto-asset prudential exposure, and almost two-thirds of banks holding crypto are in the Americas. 249 Total views 36 Total shares Own this piece of history Collect this article as an NFTAround 20% of banks have exposure to crypto assets, a Bank for International Settlements (BIS) report released…
Bitcoin holds $50K as analyst says weekly timeframes confirm bull market remains intact
There's no reason to discount the Bitcoin bull run yet, longer-term price data shows, but faith in an end-of-year rebound is thin. 287 Total views 41 Total shares Bitcoin (BTC) retained $50,000 as support overnight into Dec. 8 amid confidence that the 2021 bull market was not yet over. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSilver…
Bitcoin miner sell-off fears as Puell Multiple nears ‘red zone’ last seen at 2017 peak
Bitcoin (BTC) miners are selling less and less BTC, but if one metric is correct, they could soon start causing a major price correction.In an update on March 11, Philip Swift, creator of on-chain data resource LookIntoBitcoin, flagged familiar warning signs from the Puell Multiple.Developed by David Puell, the Puell Multiple tracks when miners are…
Bitmain reportedly cuts off funding to Bitcoin Core developers
Bitcoin Core touts itself as a direct descendant of Satoshi Nakamoto's original Bitcoin software client. Bitmain, one of the world’s largest Bitcoin (BTC) miner producers, has reportedly halted its funding for some primary developers maintaining Bitcoin-related software.Jonas Schnelli, a major Bitcoin Core contributor and maintainer, claimed that Bitmain halted its support after funding his efforts…
Regulator interest is good for the crypto ecosystem, says BlockFi CEO
Regulatory clarity enables crypto companies to continue to innovate, Zac Prince says. 5849 Total views 3 Total shares BlockFi CEO Zac Prince agrees with United States Senator Elizabeth Warren that there is a lot of noise in the crypto industry. Still, he expects that the clarity that comes with regulations will positively impact the ecosystem. Describing…
Wall Street must be accountable for Bitcoin mining emissions — Greenpeace
Greenpeace alleges that Wall Street titans such as BlackRock or Vanguard contribute to the environmental harm derived from Bitcoin mining.
OKX's exit From Nigeria sparks criticism from crypto analysts
OKX stopped Naira withdrawals in May 2024 due to regulatory issues after Binance was accused of manipulating Nigeria’s currency and laundering money.
3 key Bitcoin price metrics signal this ‘healthy’ rally has room to run
After hitting a $43,000 local low on Feb. 28, Bitcoin (BTC) price rallied 28% to retake the $57,000 level on Mar. 10. As the Feb. 21 to Feb. 23 massive $5.9 billion liquidations caused by excessive long leverage seem long gone, futures contracts reached a $20.3 billion all-time high.This time, as Bitcoin rallied to $57,000,…