Bitcoin takes a back seat on low timeframes as ETH and SOL claw back crypto market cap share from BTC. Market Update Join us on social networks Bitcoin (BTC) struggled to hold above $43,000 into Dec. 8 as an altcoin surge put Ether (ETH) in the spotlight. BTC/USD 1-hour chart. Source: TradingView ETH, SOL step …
Continue reading “Bitcoin may hit $50K on altcoin ‘FUD’ as Ethereum, Solana beat gains”
The smart contract vulnerability arises after the integration of ERC-2771 and multicall standards. OpenZepplin identified 13 sets of vulnerable smart contracts. News Join us on social networks Soon after Thirdweb revealed a security vulnerability that could impact a variety of common smart contracts used across the Web3 ecosystem, OpenZeppelin identified two specific standards as the …
Continue reading “ERC-2771 integration introduces address spoofing vulnerability — OpenZeppelin”
HodlX Guest Post Submit Your Post It’s just over a year since CoinDesk published the story that led to FTX filing for bankruptcy just nine days later. The exchange’s dramatic collapse had a monumental impact on the industry, brutally unearthing suppressed and ignored concerns over trust, regulation and the extent of fraudulent activities. But such …
Continue reading “Lessons Learned – A Year After the FTX Collapse”
Investment firm YieldMax has applied to launch an ETF allowing investors to earn monthly yields on MicroStrategy shares. News Join us on social networks A specialized exchange-traded fund (ETF) firm, YieldMax, has filed to launch the first yield-bearing ETF product based on shares in Michael Saylor’s Bitcoin holding company, MicroStrategy. According to a Dec. 7 …
Continue reading “Investment firm floats yield-bearing ETF based on MicroStrategy stock”
The same citizenship-by-investment schemes in nearby Caribbean nations start at $100,000, and one EU country has a citizenship pathway for just over $800,000. News Join us on social networks El Salvador has launched a new citizenship-by-investment program that grants a residency visa and pathway to citizenship for 1,000 people willing to stump up a $1 …
Continue reading “El Salvador unveils BTC ‘Freedom Visa’ — but it’s 10x the cost of others”
Next year will see Binance lose its leadership position, a U.S. recession, new stablecoin market cap highs and a new peak price for Bitcoin, according to asset manager VanEck. News Join us on social networks Bitcoin (BTC) will hit a new all-time high in late 2024 on the backdrop of a long-feared United States recession …
Continue reading “Bitcoin new high set for late 2024, Binance to lose top spot, predicts VanEck”
The blockchain interoperability project LayerZero announced on Dec. 7 that it intends to launch a native cryptocurrency in the coming months. LayerZero Labs posted to Twitter/X: “LayerZero has always been built with the ability to have a native token within the protocol, as can be seen in the immutable code launched on day 1 … …
Continue reading “LayerZero announces native token, commits $3M to community distribution pool”
A decade ago, MicroStrategy CEO Michael Saylor expressed skepticism about Bitcoin, warning about possible regulatory threats. Bitcoin Magazine Editor Pete Rizzo observed this on the tenth anniversary of that tweet. On Dec. 7, 2013, Saylor wrote: “Lacking a credible sponsor, #Bitcoin is in imminent danger of being regulated out of existence.” In the decade since, …
Continue reading “Ten years ago, Michael Saylor worried Bitcoin might fail”
A massive surge in crypto exchange flows suggests institutions could be preparing for the potential approval of spot market Bitcoin (BTC) exchange-traded funds (ETFs), according to the market intelligence firm Glassnode. Glassnode notes in a new analysis report that the 30-day simple moving average (SMA) of Bitcoin flows in and out of exchanges grew from …
Blur, a decentralized non-fungible token (NFT) marketplace, and OpenSea competitor is under pressure, tumbling by over 30% from its November peaks. While BLUR retreats, on-chain data reveals that BLUR whales have been moving their tokens to leading crypto exchanges, possibly to liquidate. Whales On A Possible Selling Spree According to Lookonchain data on December 7, several whales …
Continue reading “BLUR Is Down 30%, And Whales Are To Blame–Here’s Why”
Meanwhile Advisors, a crypto startup backed by the American entrepreneur Sam Altman, has announced plans to raise $100 million for a Bitcoin (BTC) private credit fund. The fund, known as Meanwhile Private Credit Fund aims to provide institutional investors with access to BTC while targeting an additional 5% yield denominated in the cryptocurrency. Bitcoin Rally …
Avalanche, the fourth-generation proof-of-stake (PoS) blockchain, incurs significant costs to incentivize its validators. Token Terminal data on December 7 shows that in the past year, the smart contract platform paid over $275 million in AVAX to compensate its validators despite generating only $11.5 million in user fees. Avalanche Is Paying A Premium To Incentivize Validators Although it …
Continue reading “Avalanche Pays Premium to Incentivize Validators, Will AVAX Soar To $145?”
Decentralized Finance, commonly known as DeFi, is rapidly reshaping the landscape of financial transactions and systems in our increasingly digital world. This innovative approach to finance merges traditional monetary processes with the cutting-edge technology of blockchain, offering a more accessible, transparent, and efficient financial system. In this guide, we delve into the question “What Is …
The rise in the Shiba Inu burn rate has no doubt been one of the most notable developments in the community. At the start of the week, the burn rate rose over 7,000,000% after more than 8 billion tokens were burned in a 24-hour period. This trend has not slowed down either given that the …
Continue reading “Shiba Inu Burn Rate Rises Rapidly In One Week, What’s Been Driving It?”
Hive Digital made a sizeable ASIC miner purchase in December 2022. Just one year later, thanks to a Bitcoin boom, the crypto miner says the rigs have paid for themselves. News Join us on social networks Bitcoin (BTC) miner Hive Digital Technologies says the move to acquire a fleet of Bitmain mining rigs last year …
Continue reading “Hive Digital says BTC miners bought last Dec have already paid themselves off”
