Crypto miners have been selling bitcoin as their revenues have slumped along with the bear market. The firm said that it has been using derivatives to limit downside risk since fourth-quarter 2021, and hired a full-time trader to improve its “capabilities within risk and treasury management.” Source
Jason Fung, the former head of short video giant TikTok’s gaming division, launched a blockchain gaming startup called Meta0 as CEO and has completed its first round of financing. The startup aims to provide users with a platform to transfer non-fungible tokens (NFTs) between different blockchains. It also provides white-label application programming interfaces (APIs) and software development kit-based solutions for blockchain developers, ensuring that developers can isolate existing infrastructure options. The founding team of Meta0 currently consists of six members, Fung said: “Right now, if you look at any developer when…
Since the closure of his bank in Puerto Rico, Peter Schiff has been at the receiving end of Bitcoin (BTC) proponents, reminding him this wouldn’t have happened if he was using BTC. The latest to taunt the gold proponent is none other than El Salvador President Nayib Bukele, who has had a fair share of interactions with Schiff ever since El Salvador adopted BTC as a legal tender last year. Bukele responded to one of the tweets made by Schiff in January this year criticizing BTC and predicting that the…
Jason Fung, the former head of TikTok gaming, exited the fastest-growing social media platform. After his exit, the ex-executive rolled out his new startup on Blockchain gaming. Through his announcement on July 5, Fung stated that he exited TikTok to facilitate the launch of MetaO. He explained that MetaO is a startup that focuses on blockchain video games. According to Fung, his resignation from TikTok is born from the desire to create lasting solutions for video game development. With his background and experience in the gaming industry, he believes he…
Starting on July 25, the Zimbabwean public will be able to buy and hold gold coins which weigh one troy ounce each. In addition to their use as an alternative store of value, the central bank says the coins can be traded and used as “security for loans and credit facilities.” Coins to Be Sold at ‘Prevailing International Price of Gold’ Just a few weeks after revealing its plans to roll out gold coins, the Reserve Bank of Zimbabwe (RBZ) released a statement on July 4 advising “the public of…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereumiin on tulossa syksyllä sen historian suurin päivitys, jota on odotettu jo monta vuotta. Alunperin päivitystä kutsuttiin Ethereum 2.0 nimellä, mutta nyt siitä halutaan käytettävän nimitystä The Merge. The Merge kuvaa päivitystä hyvin, koska siinä yhdistetään vanha PoW-lohkoketju uuden Beacon chainin kanssa ja uusi lohkoketju toimii jatkossa Proof of stake konsensusta käyttäen. Käydään tällä videolla läpi tuleva päivitys sekä keskustellaan sen vaikutuksista! BITCOINKESKUS: Bitcoinkeskus YouTube: Tilaa kanava! Palvelut joiden kautta itse ostan Bitcoinia ja Ethereumia + korkopalvelut!: Aloita sijoittaminen avaamalla ilmainen sijoitustili…
The hacker who exploited Solana-based liquidity protocol Crema Finance on July 2 returned most of the funds but was allowed to keep $1.6 million as a white hat bounty. The bounty, 45,455 Solana (SOL), is worth a generous 16.7% of the $9.6 million Crema lost initially, which forced the protocol to suspend services. Crema’s team began an investigation to identify the hacker by tracking their Discord handle and tracing the original gas source for the hacker’s address. Just as it seemed the team may have been onto the secret identity,…
Decentralized layer 2 solutions like Immutable X enable faster, cheaper, and more energy-efficient transactions than the Ethereum mainnet. As per developer documents, Immutable can process over 9,000 transactions per second (tps), while the Ethereum network averages 10.54 tps as of Thursday morning. Source
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Russia’s mass media regulator, Roskomnadzor, has restored access to a major Russian crypto news portal. Bits.media was recently blocked as a result of proceedings in a regional court that its representatives were not even summoned to attend. Crypto News Site Bits.media Again Available to Russian Readers as Roskomnadzor Delists It Bits.media, the source for crypto-related news with the second-largest audience in the Russian-speaking space, has managed to win the cancellation of its blacklisting by Russia’s Federal Service for Supervision of Communications, Information Technology and Mass Media. Roskomnadzor, as the agency…