Ledger key recovery service paused amid backlash, will open-source code

Traders are usually skeptical as Bitcoin (BTC) approaches key resistances, and there was no exception as the price added 7.7% to attack the $11K level.  Not every rally will shift technical indicators to overbought levels, but there is usually some gain in volume and futures contracts sentiment that may transition from neutral to bullish. Derivatives markets…

New research from Sanford C. Bernstein & Co. suggests that revenue generated by cryptocurrency exchanges could more than double to hit $4 billion in 2018, Bloomberg reports August 17. The report, titled “Crypto Trading — the Next Big Thing is Here?,” argues that the protracted crypto bear market is unlikely to impact the burgeoning revenue…

LUNA/UST debacle leads to discrepancies in BTC-stablecoin trading pairs across global cryptocurrency exchanges. 1785 Total views 20 Total shares Cryptocurrencies markets continue to suffer major losses following the depegging of Terra (LUNA) ecosystem's stablecoin UST - causing discrepancies between stablecoin pegs and the value of Bitcoin (BTC).Stablecoin Tether (USDT) showed signs of stress as USDT/USD…

Bitcoin price is down today as macroeconomic pressure, declining Bitcoin network usage, and doubts over the Fed rate decrease drive prices downward.

A U.S. engineering firm awarded singer and entrepreneur Akon with a $6 billion contract to build a crypto city in Senegal. 1372 Total views 93 Total shares United States engineering firm KE International awarded Senegalese-American singer and entrepreneur Akon with a $6 billion contract to build a cryptocurrency city in Senegal.According to a June 4 announcement, KE International…

The ongoing hack has already netted the attackers over $6 million worth of stablecoins, which have been swapped to ETH by the attacker.

Spielworks CEO Adrian Krion said that the NFTs will also provide mining power and material drops to players of their Dungeon Worlds game. Blockchain gaming startup Spielworks has partnered with the Web3 platform Mycelium Network to launch a program that allows full refunds for nonfungible token (NFT) purchases. In an announcement sent to Cointelegraph, the team…

Coinbase has added BNB Chain and Avalanche to its list of supported networks for the Coinbase Wallet which will give traders far greater access to tokens that are not listed on the Coinbase exchange. 543 Total views 10 Total shares America’s largest crypto exchange Coinbase has added the BNB Chain (formerly Binance Smart Chain) and…