Crypto Biz: Riot increases Bitfarms stake in takeover strategy
This week’s Crypto Biz examines Bitdeer’s earnings boost, Hamster Kombat’s rejection of venture capital offers, Grayscale’s new crypto fund and a Solana exchange-traded fund in Brazil.
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Price Analysis 8/14: BTC, ETH, XRP, LINK, BCH, BSV, LTC, ADA, BNB, CRO
Data from Grayscale Investments shows that the firm’s assets under management soared from about $1.9 billion at the end of 2019 to over $3.5 billion by the end of June 30, 2020. The correction in the U.S. dollar (DXY) and the possibility of further weakness due to continued money printing by the U.S. Federal Reserve could…

How to Capitalize on Bitcoin’s Halving Volatility Using BTC Options
Many investors believe a significant price swing is about to happen, as the next Bitcoin (BTC) halving is now less than 15 days away. Despite its demonstrated and incredibly long term potential, no one knows for sure how exactly Bitcoin’s price will respond during and after the third halving. Fortunately, this time, the market has matured…

Critical bug identified and remedied in Circle’s Noble-CCTP
Blockchain security firm Asymmetric Research privately disclosed the vulnerability to Circle, which has since been addressed.

Balancer blames ‘social engineering attack’ on DNS provider for website hijack
Blockchain security firms SlowMist and CertiK also believe the crypto wallet drainer Angel Drainer was involved in the estimated $238,000 exploit. 37 Total views 2 Total shares The team behind Balancer, an Ethereum-based automated market maker, believes a social engineering attack on its DNS service provider was what led to its website’s frontend being compromised

Bitcoin open interest mimics Q4 2020 as new report ‘cautiously optimistic’ on BTC rally
An allusion to the start of this year’s bullish progress comes as $40,000 refuses to go quietly as resistance. 766 Total views 108 Total shares Bitcoin (BTC) futures open interest is mimicking the start of the BTC price bull run, data shows.As BTC/USD hovered near $40,000 on Thursda, a fresh bullish report from Stack Funds…

FTX downfall was a turning point for citizen journalism: Coinbase CEO
Brian Armstrong, the CEO of Coinbase has applauded the efforts of crypto analysts and citizen journalists amid the fall of FTX. 213 Total views 3 Total shares Coinbase CEO and co-founder Brian Armstrong have applauded the work of citizen journalists and blockchain analysts surrounding the unfolding FTX crisis and its former CEO Sam Bankman-Fried.In a…

Coinbase CEO: Future stablecoin regs likely to demand full US Treasury backing
Brian Armstrong said his cryptocurrency exchange would delist USDt if Tether cannot comply with any new US legislation.

LinkedIn Report: Blockchain Developer Leads List of Most Rapidly Growing Jobs
The role of blockchain developer is the most rapidly growing emerging job in the United States, according to the 2018 U.S. Emerging Jobs report by LinkedIn released on Dec. 13.In the course of preparing the report, LinkedIn used data from its Economic Graph to analyze the positions that companies are hastily hiring for, as well…