ETH Dencun upgrade attracts more L2 bots and failed txs: Galaxy Research
Ethereum’s Dencun upgrade has “greatly improved” the economics of Ethereum rollups. However, Galaxy says it also brought more failed transactions.
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Bitcoin price pushes through $51K, extending bulls’ short-term target to $56K
BTC price broke out of its multi-month long range, securing a daily close above $50,000 and prompting traders to extend their short-term target to $56,000. 1364 Total views 15 Total shares The early morning momentum that pushed Bitcoin (BTC) above $50,000 on Oct. 5 continued throughout the day after bulls took control of the market…
Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms
Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs.
Mystery VC Firm Wants Sensitive Evidence Redacted From Telegram Case
Newly published court documents reveal that an anonymous venture capital firm identified as “Investor F” sought to have evidence redacted from the first court hearing for the dispute between the United States Securities and Exchange Commission (SEC) and Telegram.On Feb, 18, Investor F asserted that emails directly requested by the SEC contain “confidential and commercially…
Mt. Gox Founder Knew of Security Risks Years Before Collapse, Lawsuit Claims
Mt. Gox founder Jed McCaleb is being sued by two traders who used the doomed exchange, court documents filed on May 19 show.Joseph Jones and Peter Steinmetz have accused the ex-CEO of fraudulently and negligently misrepresenting the exchange.The pair also allege that McCaleb was aware of “serious security risks” back in late 2010 or early…
Blockchain Association Supports Telegram in Legal Battle With SEC
The Blockchain Association has filed an amicus curiae brief in response to litigation against Telegram initiated by the United States Securities and Exchange Commission (SEC).The Blockchain Association, a collective of advocates involved with the blockchain industry, filed an amicus curiae brief with the court of the Southern District of New York on Jan. 21. An…
Bitcoin beats out shorts as BTC price attempts to crack $20.5K
Bitcoin (BTC) reclaimed and held $20,000 into Oct. 6 as the latest rebound punished short speculators.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin preserves "important" $19,600 zoneData from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing from local lows of $19,740 on Bitstamp around the Oct. 5 Wall Street open.The pair then reversed prior losses, leading…
Report on global blockchain ecosystem by CV VC, PwC and Cointelegraph
From enterprise blockchain adoption to the rise of decentralized finance, it seems like the blockchain landscape is constantly evolving in different ways. While impressive, it’s important to understand how blockchain is being applied within various industries. In order to highlight blockchain’s current global impact, a Swiss blockchain investment firm, CV VC, is releasing a new…
Hong Kong Businesses Begin Adopting Bitcoin as a Form of Protest
The pro-democracy, anti-government protest movement in Hong Kong is spurring wider adoption of cryptocurrencies such as Bitcoin (BTC).Yahoo! Finance reported on Aug. 28 that the political upheaval in the city — which has now entered its 12th week — is prompting several local businesses and individuals to switch to using non-sovereign and decentralized digital currencies.Apolitical,…