Saylor signals impending purchase as BTC consolidates around $104K
According to SaylorTracker, MicroStrategy is up more than 65% on its Bitcoin investment, with an unrealized gain of over $19 billion.
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Gelato secures $11M funding, adds Kraken’s Ink to rollup platform
The latest round brings Gelato’s total funding to $23 million as it aims to expand its smart-contract automation platform.

Quantum computers are many years away from cracking crypto: MIT Tech Review
“I am all for hope and am a big believer in quantum computing as a potentially disruptive technology,” said Sankar Das Sarma but noted quantum computers are nowhere near being close to cracking cryptography. 395 Total views 26 Total shares Condensed matter theory physicist and quantum information expert Sankar Das Sarma has argued in MIT…

Nifty News: NFT restaurant crumbles, Binance NFT ends Polygon support and more
Bold plans for a non-fungible token linked restaurant and private members lounge in San Francisco have come to an abrupt end, after the company behind the project halted construction due to challenging macroeconomic factors. The two venues were being built on Salesforce Park, and were going to be dubbed the “Sho Restaurant” and “Sho Club

Bitcoin sell-off next? Binance BTC balance shoots up $1.5B in one month
Bitcoin (BTC) traders may be gearing up for a sell-off as data shows tens of thousands of coins moving to exchanges.The latest figures from on-chain monitoring resource Coinglass confirm that global trading volume leader Binance’s BTC balance rose by over 50,000 BTC ($1.5 billion) in the past 30 days.Binance takes lion’s share of exchange BTC…

Debt ceiling, bank crisis set for ‘powder keg’ explosion: BitMEX co-founder
Former BitMEX CEO Arthur Hayes believes it will cause significant volatility in Bitcoin as well, suggesting it won't likely reach a new all-time high this year. 1499 Total views 23 Total shares Former Bitmex CEO Arthur Hayes is expecting to see significant Bitcoin volatility in the latter half of the year, caused by a “powder…

Why Bitcoin price may simply shrug at Fed chair Powell’s ‘brrr’ speech
The United States Federal Reserve chair Jerome Powell will give a speech on the Fed’s monetary policy in several hours. Contrary to expectations, it might not have any major impact on the price of Bitcoin (BTC).The daily price chart of Bitcoin. Source: TradingView.comThe markets are seemingly expecting the Fed to showcase significant changes to its…

KyberSwap attacker used ‘infinite money glitch’ to drain funds — DeFi expert
The attacker who drained $46 million from KyberSwap relied on a “complex and carefully engineered smart contract exploit” to carry out the attack, according to a social media thread by Ambient exchange founder Doug Colkitt. Colkitt labeled the exploit an “infinite money glitch.” According to him, the attacker took advantage of a unique implementation of KyberSwap’s

Crypto Markets See Green Amid Talk of ‘Forced Short Squeeze’ on BitMEX
August 22: The crypto markets are seeing a second flush of green, with virtually all of the major cryptocurrencies seeing solid growth on the day, as Coin360 data shows. Positive price momentum is a welcome respite from protracted bearish sentiment, although multiple crypto commentators are attributing the upswing to yesterday’s announcement by leveraged crypto trading…