Joe Biden’s withdrawal wiped $67M in long positions in 30 minutes

As Bitcoin (BTC) prepares to undergo a block reward halving next month, at least one prominent figure in the sports world is doing his part to promote the event.Ben Askren, former Ultimate Fighting Championship (UFC) fighter and well-known Bitcoin bull, has changed the display name on his Twitter account to “Bitcoin Halving May 13”. Askren…

Summa founder James Prestwich has accused the $382 million LayerZero bridging protocol of hosting a “critical vulnerability.” According to a Jan. 30 post by Prestwich, this vulnerability “could result in theft of all user funds.” LayerZero CEO Bryan Pellegrino has called Prestwich’s accusation “absolutely shocking” and “wildly dishonest,” claiming that the vulnerability only applies to applications…

Only two of Ethereum's recent competitors had a "fair launch" according to the specified criteria. 1653 Total views 25 Total shares Mythos Capital founder Ryan Sean Adams called Ethereum killers “toothless” based on initial token allocation schemes that often prioritize insiders:Source: Twitter.Adams was referring to a recent Messari report, which summarized the token distribution for…

Japanese internet giant GMO Internet Group saw its cryptocurrency profits drop in Q1 2019 amid market weakness, Cointelegraph Japan reported, quoting a new statement on May 10.GMO, which in December 2018 withdrew from bitcoin miner production due to the fall in bitcoin (BTC) prices, saw revenues of 12.9 billion yen ($117.4 million) in Q1, compared…

Polygon’s scaling solution hosts in excess of 400 decentralized applications across a 1.5 million user base. 507 Total views 12 Total shares Decentralized exchange, or DEX, and self-custody wallet platform, Portal, has announced a strategic partnership agreement with layer-2 blockchain network, Polygon to advance Bitcoin functionality in the decentralized finance, or DeFi, market.Portal currently offers…

Tesla removed Bitcoin payments citing environmental concerns, but Elon Musk pledged to reinstate them if renewable energy use on the network increased.

Gaming YouTube streamer "Dr Disrespect" unveiled the first sneak peek of his upcoming NFT shooter game dubbed Deadrop on July 30. The initial reaction has been mixed, however, with some underwhelmed by the game’s lack of polish given that Dr Disrepect boasted in a now-deleted Tweet from June that it “already blows out anything” from the…

This interview has been edited and condensed.The co-director of the Initiative for Cryptocurrencies and Smart Contracts (known as IC3), Emin Gün Sirer, is an associate professor at Cornell University, whose research focuses on peer-to-peer systems, operating systems, distributed systems and computer networking. He is one of the most influential scientists within the crypto and blockchain…

U.S. District Judge Consuelo Marshall has rejected AT&T’s bid to dismiss a lawsuit that alleges the company was negligent for failing to prevent the theft of $1.8 million in crypto from investor Seth Shapiro.In the judge’s order allowing the suit to continue, Shapiro’s claims of negligence, negligent supervision, claims brought under the Computer Fraud and…