New node certification could coax more institutions into Ether staking
A consortium of big crypto companies, including Coinbase, has just launched a new certification scheme for Ethereum node operators called NORS.
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FTX reportedly used Alameda’s bank accounts to process customer funds
Former FTX CEO Sam Bankman-Fried, in a conversation with Vox, admitted to using Alameda’s banking facilities for FTX user deposits. 279 Total views 2 Total shares The FTX contagion saga sees new revelations around its misconduct every other day, and the latest one solidifies the collusion between the failed crypto exchange and its sister company…
Lisk’s Lightcurve Lays Off 40% of Workforce to Decrease Overheads
Blockchain development studio Lightcurve — a part of the Lisk open-source blockchain application platform — laid off 40% of its workforce earlier this week. Lightcurve and Lisk co-founder, Max Kordek, announced the decision earlier this week on Discord, citing a need for the project to cut costs.The job losses represent 21 of Lightcurve’s 53 employees,…
Coinbase Added 8 Million New Users in the Past Year
America’s biggest cryptocurrency exchange and wallet service Coinbase has signed up 30 million users since launching in 2012.New user signups slowed after Bitcoin price peakOver the past 12 months, Coinbase has registered eight million new users, according to data revealed by Bitcoin (BTC) investor and entrepreneur Alistair Milne in a tweet on July 22.Number of…
Crypto Exchange Gemini Burnt One-Fifth of Its GUSD Stablecoin Supply
Cryptocurrency exchange Gemini burnt about one-fifth of its Gemini Dollar (GUSD) stablecoin total supply on Dec. 3.Whale Alert — a Twitter account dedicated to tracking large cryptocurrency transactions — reported on Dec. 3 that 1,035,020 GUSD were burnt in a single operation. This number of tokens is equivalent to around 20% of what was the…
Billionaire investor John Paulson says crypto has ‘no intrinsic value’
The billionaire subprime short-trader in the 2008 financial crash said that digital assets have a “limited supply of nothing.” 603 Total views 504 Total shares Speaking in a recent interview, subprime short investor and billionaire portfolio manager John Paulson criticized the volatile nature of digital assets, while advocating for investments in traditional safe-havens such as gold.The…
Price analysis 12/1: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX
Bitcoin (BTC) rallied about 9% in November, with $38,000 proving to be a difficult obstacle to cross. Buyers have repeatedly tried to maintain the price above $38,000, but the bears have held their ground. Historically, December has been a mixed month. Coinglass data shows that in the past five years, Bitcoin rose only in 2020
Nansen partners with Aptos for dashboard after Aptos users double in six months
Aptos is among the firms aiming to ease Web3 onboarding, along with industry giants like Coinbase and MetaMask.
FTX Bitcoin stash worth same as Mt. Gox 840K BTC before hack
If FTX is sparking new Bitcoin (BTC) bear market lows, BTC price action has further to fall to match Mt. Gox.Data from on-chain analytics firm Glassnode confirms that the “Mt. Gox bear market” almost a decade ago still beats the 2022 lows.FTX vs. Mt. Gox: Same, same but differentWith the fallout from the FTX bankruptcy…