Sushiswap chief says it only has 1.5 years of treasury runway left
The DEX’s operating expenses currently amount to $5 million per year.
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Biggest Friend.tech whale dumps tokens as users struggle to claim airdrop
The largest Friend.tech whale has sold all his holdings, causing the new token to fall over 50% in value while other users are still unable to claim the airdrop.

Bitcoin price retests key $22.8K as metric points to ‘BTC buying spree’
Bitcoin (BTC) returned to base on Aug. 4 as higher levels gave way to a battle for the 200-week moving average (MA).BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBattle for classic Bitcoin price trendline rages Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to repeatedly test the key bear market trendline as support.The day’s Wall…

China Officially Recognizes Blockchain Jobs as New Occupation
China to officially set blockchain engineers as a new occupation to promote employment amid global COVID-19 pandemic. 897 Total views 40 Total shares The ongoing coronavirus pandemic is transforming blockchain companies, and its impact is not always negative for the blockchain industry. Amid the latest coronavirus crisis-fueled changes, China is taking another step toward blockchain…

CoreWeave strikes $11.9B deal with OpenAI to deliver AI infrastructure
For CoreWeave, the deal may supplement lost income from the contracts Microsoft cancelled. CoreWeave announced on March 11 that it had struck a five-year deal worth up to $11.9 billion with OpenAI, the nonprofit research and development company that created ChatGPT. Through the deal, OpenAI will become an investor in CoreWeave through the issuance of

Bitcoin could grow by strides by being more like Ethereum
Turning Bitcoin into a multi-purpose ecosystem could allow it to reach the same level of success as Ethereum — and make it several times more valuable.

Bitcoin whale exchange inflow share hits 1-year high — over 40%
Bitcoin (BTC) whale buying and selling in 2023 is mostly from speculative investors, new data reveals.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode shows that contrary to popular belief, opportunistic entities are the most active whales.The birth of the Bitcoin “short-term holder” whaleSince BTC price action returned to $30,000,…

BNY Mellon and Credit Suisse Involved in Telegram’s $1.7B Sale: Report
Two global financial giants, BNY Mellon and Credit Suisse, were reportedly involved in Telegram’s $1.7 billion Gram (GRAM) token sale in 2018.Telegram allegedly informed its investors that it was using BNY Mellon and Credit Suisse to move and store fiat currency raised in the GRAM sale, industry publication Coindesk reports, citing court filings released on…

What bear market? These crypto websites see traffic rising in 2023
Cryptocurrencies like Bitcoin (BTC) have been widely described as going through a bear market in 2023, but this may not exactly be the case, according to indicators such as the website traffic of certain crypto platforms.Some major cryptocurrency websites, such as Binance and Coinbase, have seen a significant traffic drop in 2023, but there are