Indian State Partners with Mahindra to Build ‘Blockchain District’
An Indian state is working with Tech Mahindra to build a new district within the state capital dedicated to incubating blockchain startups
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Bitcoin’s Price Is Up 43% in 7 Days as Bull Frenzy Grips Market
markets View With bitcoin’s rise to 17-month highs, the Mayer multiple (a ratio of price to the 200-day moving average) is teasing a break above 2.40 – a level that has marked the beginning of speculative bubbles in the past. BTC may see a short-lived spike to resistances at $17,230 (January 2018 high) and possibly…
Bitcoin ETF Investors Bought the Dip on Friday, With Inflows Topping $140M
Returning to their screens following the July 4 break, U.S. traders were confronted with a historic plunge in bitcoin (BTC) that saw its price fall more than 10% from the pre-holiday level. Based on ETF data, they decided to lift the offer. According to numbers compiled by Farside Investors, U.S.-based spot bitcoin ETFs saw $143.1
Traders Claim Losses After OKEx Settled BCH Contracts at Short Notice
NEWS Traders have reportedly incurred losses after Hong Kong-based cryptocurrency exchange OKEx settled bitcoin cash futures contracts almost without warning ahead of last week’s hard fork. According to a Bloomberg report Monday, the decision by OKEx resulted in significant losses for some investors, including Qiao Changhe, founder of a firm called Consensus Technologies, who said…
SHIB to Get More Scarce as Key Exchange Expands to Shibarium
ShibaSwap expanded to the Shibarium blockchain, allowing users to create new liquidity pools and earn fees from providing liquidity.Increased transactions on the Shibarium blockchain will lead to a higher burn rate for the SHIB token, reducing its circulating supply.ShibaSwap, the decentralized exchange (DEX) associated with the Shiba Inu (SHIB) cryptocurrency, said Thursday it was live
North Korean Hacking Group Lazarus Stole $571 Million in Cryptos: Report
North Korea's infamous hacking group, dubbed Lazarus, has managed to steal over half a billion dollars in cryptocurrencies, a report indicates. According to an article published Friday by The Next Web, the coming annual report from cybersecurity vendor Group-IB sets out that Lazarus was behind 14 hacks on crypto exchanges since January 2017, reaping a massive $571…
BitTorrent’s BTT Surges 12% as Owner Tron Completes TRX Burn
BTT is up as Tron, the network it is issued on, completed another TRX burn.BTT tends to react to positive news from Tron even as TRX doesn't move to the same extentBTT, the eponymous token of BitTorrent, the peer-to-peer filesharing platform owned by Tron, is up over 12% as the Tron network works through another
Sotheby’s Auctioning Off Rare NFTs From 3AC’s Seized Collection
Featured SpeakerDaniel AlegreCEOYuga LabsHear from Yuga Labs new CEO in his first public appearance since assuming the position.Rosie Perper is the Deputy Managing Editor for the Web3 news section, focusing on the metaverse, NFTs, DAOs and emerging technology like VR/AR. She has previously worked across breaking news, global finance, tech, culture and business. She holds…
This Price Hurdle May Pave Way for Bitcoin’s Next Leg Up
markets View Bitcoin’s rally from April 2 lows below $4,200 has stalled near the three-day chart’s 100-candle moving average (MA), currently at $5,238. A three-day close (UTC) above that MA level could invite buying pressure, leading to a sustained move higher toward $5,500 and more. That bullish close, however, looks unlikely in the short-term, as…