DeFi network Radix team cuts 15% of staff, citing need to ‘refocus’
Piers Ridyard, the CEO of RDX Works said the cuts are part of a “more comprehensive set of changes that need to be made.”
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Rho Markets returns online with no funds lost after $8M Oracle issue
The MEV bot responsible for profiting nearly $8 million in stablecoins returned the funds but wanted the Rho Markets team to admit it was not a hack or exploit.
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Both Robinhood and Revolut are reportedly considering issuing their own stablecoins as the industry continues to expand.
Price analysis 7/7: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT
Bitcoin is still struggling to stay above $31,000. While a tight consolidation near the overhead resistance is a positive sign, the failure to rise above it may result in short-term liquidations. However, a shallow pullback should not be considered a trend change because, many times, the bulls take a step back to regroup and launch another…
Moscow and Three Russian Regions to Legally Pilot Crypto and DLT Tech: Local Media
Moscow and three other Russian regions will legally pilot the use of cryptocurrencies and blockchain technology, local media outlet Izvestia reports on April 24.The Russian Ministry of Economic Development is reportedly planning to test now-unregulated emerging technologies such as blockchain and crypto, as well as augmented and virtual reality, quantum tech, artificial intelligence and robotics.As…
Binance CEO Changpeng Zhao denies rumors of selling Bitcoin to bolster BNB
While several theories emerged, the Binance CEO asserted that no BTC or BNB trading activity is happening behind the scenes. 658 Total views 5 Total shares Binance CEO Changpeng “CZ” Zhao has refuted accusations that Binance has been secretly selling Bitcoin (BTC) to artificially stabilize the price of its native token Binance Coin (BNB).The rumors have come…
While the banks were closed, Bitcoin reached 5,000 days online
Bitcoin celebrates a milestone of 5,000 days online on Sept. 12, 2022, as miners continue to solve valid blocks on average every 10 minutes. 302 Total views 37 Total shares The world's largest cryptocurrency reached a milestone on Monday, Sept. 12 — Bitcoin (BTC) celebrated 5,000 days of uptime. The network has functioned almost without…
Price analysis 6/10: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB
The United States equities markets tumbled on June 10 after the consumer price index report showed inflation soaring 8.6% from a year ago, the highest increase since 1981. The latest figures show that talks of inflation having peaked were premature and according to Bloomberg, investors are pricing in key interest rates of 3% by the…
Russian government subsidizes crypto mining facility in Siberia
The facility, which is to open this year, will possess 30,000 crypto mining machines, hire 100 workers and consume 100 megawatts from the power grid. 340 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe crypto mining industry has faced moratoriums in some parts of the U.S. and…