Solana prepares for possible ‘sizable’ move after defending $120 support
SOL price bounced off the $120 support multiple times since April, leading traders to believe that the current market recovery will lead to an explosive rally.
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Bitcoin Faces Critical Week to Confirm Safe Haven Potential — Analyst
Bitcoin (BTC) may have begun a “decoupling” from traditional markets to focus on price gains, but this week will be crucial, says Willy Woo. In a series of tweets on March 23, the respected statistician said that recent price gains for BTC/USD in the face of continued turmoil for stocks and the wider economy were encouraging.Woo:…

Stablecoin Issuers Be Warned: New York AG’s Arm Is Long
A New York State appeals court affirmed on July 9 that the state attorney general’s fraud investigation into iFinex et al. — i.e., iFinex, Bitfinex and Tether Holdings — could continue. Whether that probe will result in litigation against the company that issues Tether (USDT), the world’s most widely used stablecoin, is anyone’s guess, but…

AMD: ‘Blockchain-Related GPU Sales in Third Quarter Were Negligible’
In its quarterly financial results report published Oct. 24, semiconductor manufacturer AMD reveals that “blockchain-related graphics processing unit (GPU) sales in the third quarter were negligible.”American semiconductor company AMD stated in its third quarter 2018 financial report that revenue rose to $1.65 billion, up 4 percent year-over-year, although the figure is below estimates of $1.7 billion.…

FTX victims’ lawyers struggle to serve Shaquille O’Neal
The Moskowitz law firm has been standing outside NBA superstar Shaquille O'Neal's studio all week to "hand deliver" their legal complaint with no success, according to a recent statement. 432 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe law firm representing victims affected by the FTX collapse…

Epic Games lays off 830 staff, citing ‘unrealistic’ metaverse ambitions
“Spending way more than we earn” — CEO Tim Sweeney blamed job cuts on major structural changes to the company’s economics. 181 Total views 2 Total shares Epic Games, the company behind Fortnite, has slashed 16% of its workforce — approximately 830 staff — after unrealistic expectations of metaverse-inspired revenue caused it to spend “way

Untethered: The History of Stablecoin Tether and How It Has Lost Its $1 Peg
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision.Tether, a cryptocurrency that has long been a point of contention in the community, has seemingly been uppegged from the US Dollar.The stablecoin, by virtue of that very description, was…

London fork enters testnet on Ethereum as difficulty bomb sees delay
The Ethereum network witnessed the deployment of its London upgrade on the Ropsten testnet on June 24. This upgrade consists of the highly anticipated Ethereum Improvement Proposal (EIP) 1559. Following the launch on the Ropsten testnet, the London upgrade will be deployed on Ethereum’s Goerli, Rinkeby and Kovan testnets at weekly intervals. This is one of…

Ripple’s Xpring Opens Developer Relations Forum
Ripple’s Xpring will launch a community web page and forum referred to as “developer relations,” or DevRel, for its developer platform. Most of Xpring’s employees work on the engineering and product side of the table, explained a Feb. 1 blog post on the Xpring website. “We think of DevRel as the ears and mouth of Xpring,”…