Unveiling Polygon's AggLayer: Insights from co-founder Brendan Farmer
Diving into the Aggregate Layer with Brendan Farmer to determine the implications it will have upon latency, liquidity fragmentation, and more.
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Bitcoin price unfazed after $150M hack of major exchange KuCoin
In an official statement, KuCoin Global CEO Johnny Lyu confirmed a major hacking attack on Sep. 26. The breach affected the firm’s Bitcoin (BTC), Ether (ETH), and ERC20 hot wallets, after private keys were leaked. Reports estimate the breach to have affected $150 million in user funds.Following the security breach, the price of Bitcoin barely…

Ethereum’s failure to close above $1.3K prompts analysts to predict more downside
ETH price saw a brief breakout following the successful merge on the Sepolia testnet, but analysts say the altcoin’s failure to flip $1,300 to support hints at further downside. 268 Total views 3 Total shares The Ethereum (ETH) network moved one step closer to completing its transition to proof-of-stake (PoS) this week after the successful…

Inflation spikes in Europe: What do Bitcoiners, politicians and financial experts think?
Rising prices are grabbing headlines all over the world. Across the pond in the United States, inflation recently broke a 40-year record. The situation is severe in Europe, with prices rising over 5% across the Eurozone and 4.9% in the United Kingdom. While prices rise, Bitcoin (BTC) is flatlining at around $39,000. It poses many questions: Is Bitcoin…

Why NFTs can be a riskier investment than cryptocurrencies, report
Investors who survived the 2008 financial crisis understand the importance of liquidity. When an economic recession starts, deflationary pressure hits the market, and buyers disappear. Sellers frantically try to sell assets before their prices drop further, but buyers want to de-risk and go into safe-haven assets, such as treasury bonds and money market funds. The lack…

Bill Gates Departs Microsoft Board After Pledging $1.4M to African Blockchain
According to a press release, software developer, philanthropist, and Microsoft co-founder Bill Gates will depart the company’s board.Now 64 years old, the business magnate started Microsoft alongside Paul Allen in 1975. The company is surely most known for its Windows computer operating system, which was first released in 1985 and remains as vital as ever…

Ava Labs raises $350M at $5.25B valuation: Report
The raise comes as total value locked on the Avalanche blockchain remains steady at around $14.6 billion. 445 Total views 24 Total shares According to a report published by Bloomberg on Thursday, Ava Labs is en route to raising a new round of funding for $350 million at a valuation of $5.25 billion. Details of…

Microsoft wants to use Ethereum blockchain to fight piracy
The major software developer’s new plan to combat piracy relies on the transparency of blockchain technology. 327 Total views 95 Total shares Windows operating system and Office productivity suite have always been top performers on any software piracy platforms. So, it’s no wonder that Microsoft, the developer of both products, works hard to establish anti-piracy…

Bullish crypto traders maintain the upper hand despite the total market cap rejecting at $1T
The total crypto market capitalization soared by 29.4% in two weeks, although Bitcoin's (BTC) price stabilized near $21,000 on Jan. 19.As a result, it became increasingly difficult to justify that the 5-month-long bearish trend still prevails after the $930 billion total crypto channel top has been breached. Still, the psychological $1 trillion resistance remains strong.Total…