The cryptocurrency market cap saw net outflows of $3.99 billion over the last 24 hours and currently stands at $857.03 billion — down 0.41% from $861.02 billion over the reporting period. Bitcoin’s market cap decreased by 0.64% to $327.06 billion, while Ethereum’s market cap increased by 0.20% to $157.74 billion The top 10 cryptocurrencies had …
Monthly archives: December 2022
Mythbusting Solana – downtime, competition and technology with Matt Sorg of Solana Foundation – SlateCast #38
Solana Foundation‘s Product and Technology Leader, Matt Sorg, talked to CryptoSlate’s Akiba about Solana and its future in the crypto sphere. Akiba started by asking what attracted Sorg to Solana. As a response, Sorg said that he believed Solana to be a lot more different than other protocols in terms of technology, scalability, and future …
Biggest Movers: DOT Hits 12-Day High, UNI up for Fourth Straight Day
Polkadot rose to its highest level in nearly two weeks on Dec. 2, despite cryptocurrency markets sliding following the latest nonfarm payrolls report. The global crypto market cap is down 0.57% as of writing, as prices consolidated following the data being released. Uniswap was also higher, despite the turbulent sentiment on Friday. Polkadot (DOT) Polkadot …
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US Trustee Plans to Appoint an Examiner to FTX Case, While SBF Describes Strange Margin Trading Practices
On Dec. 1, 2022, an attorney for the U.S. Trustee submitted a written letter to Delaware bankruptcy court officials that seeks to establish an independent examiner to investigate the FTX Chapter 11 bankruptcy proceedings. The U.S. Trustee explained in the letter that FTX’s collapse was comparable to complex bankruptcy cases like Lehman’s, Washington Mutual Bank’s, …
Bitcoin, Ethereum Technical Analysis: ETH, BTC Higher Following US Nonfarm Payrolls Report
Ethereum moved closer to the $1,300 level on Dec. 2, as prices remained near a multi-week high. This comes as the latest U.S. nonfarm payrolls report showed that 263,000 jobs were added to the U.S. economy. Markets had expected this to come in at 200,000. Bitcoin was trading above $17,000 prior to the release of …
BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit
Decentralized Web3 infrastructure provider Ankr has become the latest victim of a hacking attack targeting the defi space. The perpetrators who hit the platform were able to mint and steal a massive amount of tokens in a multimillion-dollar exploit. Defi Protocol Ankr Hit by Unlimited Mint Bug Exploit Worth Millions Ankr, a decentralized finance (defi) …
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Data Lake Secures First Blockchain-Based Consents for Medical Data
press release PRESS RELEASE. December 2th, Warsaw – Poland: Data Lake has collected the first consents on the blockchain for patients’ medical data to be used by researchers. The company is an EU-funded startup that is seeking to solve two of the biggest problems in medical science: access to medical data, and bias in datasets. …
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Billionaire Mike Novogratz Predicts Ex-FTX CEO Sam Bankman-Fried Will Go to Prison for Fraud
Galaxy Digital CEO Mike Novogratz is predicting that disgraced former FTX CEO Sam Bankman-Fried will face prison time for allegedly committing fraud. In a new interview with CNBC Squawk Box host Andrew Sorkin, the billionaire says Bankman-Fried is failing to take responsibility for his actions, the same ones that led to the downfall of the …
How NFT court summons could change the legal landscape
RBB Lab, a technology development firm based in the Republic of San Marino, has utilized nonfungible token (NFT) technology to issue a court summons to a former employee and a contractor. RBB Lab CEO Enrico Rubboli told Cointelegraph that it summoned the two individuals to the Judiciary of Italy on claims of attempted extortion and …
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Bitcoin bulls lie in wait as US dollar strength hits 5-month lows
Bitcoin (BTC) continued to hold key support on Dec. 2 as United States stocks fell on the Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView DXY weakness offers hope of “Santa rally” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as bulls bought time between $16,800 and $17,000. Analysts had earmarked the …
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How smart contracts can improve efficiency in healthcare
Smart contracts are self-executing lines of code that run atop blockchains and are triggered once a set of predetermined conditions are met. They are used to automate the execution of online agreements without the involvement of third parties. Today, they are used across many industries, including the healthcare industry. The healthcare sector stands to benefit …
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Animoca creates billion-dollar metaverse fund for developers
The GameFi champion and metaverse developer Animoca Brands has a billion-dollar fund in its plans, according to a report from Nikkei Asia on Nov. 30. Animoca Brands’ co-founder Yat Siu said in an interview that the fund could potentially have up to $2 billion dollars to allot to mid to late-stage startups with a metaverse …
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OKB Price Prediction – Will It Rise To New Highs?
OKB has rallied in the past 24 hours, reflecting the recent revival observed in most cryptocurrencies. It is currently on an upward trajectory and shows […] Go to Source
Ankr Protocol will reimburse users after $5 million exploit, Binance seized $3 million of the stolen funds
Summary: Ankr’s team will take a snapshot and reimburse affected users, a thread from the protocol explained following the hack. An exploiter drained around $5 million of Binance’s BNB from the DeFi platform during the early hours of Friday. Changpeng Zhao said his exchange froze around $3 million of the stolen funds. Ankr protocol shared …
Bitcoin Price Prediction for Today, 01 December: BTC May Break Up $17,538 Level
Buyers’ momentum is increasing – BTC May Break Up $17,538 Level Bitcoin (BTCUSD) Price Analysis – 01 December The Bulls may push up the Bitcoin […] Go to Source