This has been the year of mining difficulty and hash rate, as they kept increasing to record new all-time highs (ATH) despite the declining trend in Bitcoin (BTC) price, according to data analyzed by CryptoSlate. Mining difficulty refers to miners’ chance of finding the required hash code to mine one block. Hash rate, on the …
Monthly archives: October 2022
Bug causes Google to list malicious websites in searches for ‘Coinmarketcap’
Binance‘s CEO Changpeng Zhao tweeted to warn that Google displays phishing websites when users search for CoinMarket Cap. Zhao said users who try to add smart contract addresses to their MetaMask wallets are the ones that get most affected by this error. Google displays phishing sites when users search CMC. This affects users adding smart …
Continue reading “Bug causes Google to list malicious websites in searches for ‘Coinmarketcap’”
Ethereum becomes 50th largest asset by market cap after recent price action
With a market cap of over $188 billion, Ethereum rose to become the 50th largest asset in the world, standing head to head with giants such as Toyota, Disney, and McDonalds. 2 min read Updated: October 27, 2022 at 4:33 pm Cover art/illustration via CryptoSlate Ethereum has become the 50th most valuable asset in the …
Continue reading “Ethereum becomes 50th largest asset by market cap after recent price action”
Messina CEO willing to bet his Porsche on BTC reaching $60K again
Former White House Deputy Chief of Staff and Messina Group CEO Jim Messina said he is ready to bet on his Porsche car as he expects Bitcoin to rally up to $60,000. During an interview with Fox Business on Oct. 27, Messina remarked that crypto is one of the most exciting developments of this generation. …
Continue reading “Messina CEO willing to bet his Porsche on BTC reaching $60K again”
Bitcoin transaction worth $500M cost $0.80 in fees
A total of 24,529.85 BTC was sent on the Bitcoin network for a fee of just over 4,000 sats — or roughly $0.83. 2 min read Updated: October 27, 2022 at 3:30 pm Cover art/illustration via CryptoSlate The Bitcoin network facilitated a transaction worth over $500 million on Oct. 27, transferring around 24,530 BTC. The …
Continue reading “Bitcoin transaction worth $500M cost $0.80 in fees”
Team Finance loses $14.5M to smart contract bug exploit
Team Finance has assured users that the funds on its platform are not at risk from the exploit, but halted services until the bug is fixed. 1 min read Updated: October 27, 2022 at 3:02 pm Cover art/illustration via CryptoSlate Team Finance, a web3 infrastructure platform enabling businesses to secure tokens, suffered a hack that …
Continue reading “Team Finance loses $14.5M to smart contract bug exploit”
Bitcoin holds steady as Google, Meta lead tech stock rout after missing Q3 targets
Bitcoin has surged to a six-week high over $20,000, as Meta, Amazon, Google, and Microsoft stocks records negative returns. 1 min read Updated: October 27, 2022 at 1:57 pm Cover art/illustration via CryptoSlate Bitcoin is holding above the psychological $20,000 level, despite major tech companies like Google and Meta missing their latest earnings targets — …
ECB Raises Benchmark Rate by 75bps and Tones Down Long-Term Refinancing Operations
On Thursday, the European Central Bank (ECB) announced the central bank’s third consecutive benchmark bank rate increase this year, raising the rate by 75 basis points (bps). In addition to the rate hike, the ECB changed the central bank’s targeted longer-term refinancing operations terms and conditions noting that they need to be “recalibrated.” ECB Hikes …
Biggest Movers: DOGE up by Over 17% as Elon Musk Comments on Twitter Takeover
Dogecoin rose by as much as 17% on Thursday, as Tesla CEO Elon Musk moved closer to completing a takeover of Twitter. Musk has been a public supporter of the meme coin in recent years, with some suggesting that it could be added as a payment method on the social media platform. Cosmos also traded …
Continue reading “Biggest Movers: DOGE up by Over 17% as Elon Musk Comments on Twitter Takeover”
257 Economists Say Global Recession Is Near, US Trade Restrictions Against China Could Stir Taiwan Invasion
According to 257 economists polled by Reuters, the global economy is approaching a recession, but 70% of the survey’s participants believe the chances of a sharp rise in unemployment levels will be low. The poll follows the Biden administration and the U.S. Commerce Department issuing a package of trade restrictions against China’s relationship with the …
Bitcoin, Ethereum Technical Analysis: BTC Slips, Following Move Above $21,000
Bitcoin fell marginally lower on Thursday, as traders moved to secure gains following yesterday’s price surge. The token rallied to a multi-week high above $21,000 late on hump-day, with bulls somewhat retreating today. Ethereum was also down from Wednesday’s five-week high. Bitcoin Bitcoin (BTC) bulls moved to secure Wednesday’s gains during today’s session, as the …
Continue reading “Bitcoin, Ethereum Technical Analysis: BTC Slips, Following Move Above $21,000”
Gamefi-Focused Oasys Blockchain Launches Mainnet With Support of Sega, Ubisoft, and Bandai Namco
Oasys, a Web3, EVM-compatible, gamefi-focused blockchain project, launched the first phase of its mainnet on October 25th. The company, which has gathered support from AAA gaming companies such as Sega, Ubisoft, and Bandai Namco, will start validating blocks from all nodes in preparation for its definitive activation slated to happen on November 8th. Oasys Launches …
Bitget Partners With Messi
press release PRESS RELEASE. Leading global cryptocurrency exchange, Bitget announces that it has entered into a partnership with Lionel Andrés Messi, the iconic Argentine footballer and winner of a record-breaking seven Ballon d’Or awards. The announcement kicks off the engagement between Bitget and Messi and signals the meeting of sports and crypto, a promise of …
Cardano Price Forecast – Why Ada Can 2x to $1.00 in 2022?
Cardano (ADA) has gained 1.8% in the last 24 hours. At the time of writing, ADA was trading at $0.406. The gains made by ADA […] Go to Source
Why Crypto Winter is Thawing Crypto Prices Earlier Than Hoped – Buy Now?
In 2017, Bitcoin lost around 80% of its value within 12 months. However, the coin resumed an uptrend after and rallied to new highs. In […] Go to Source