After years working in labs studying the cell cycle and the genetics of human disease, Gennaro D’Urso founded Genetic Networks, a for-profit company focused on drug discovery. As a teenager, D’Urso lost vision in both of his eyes due to a mysterious eye condition. He later received his first corneal transplant, which allowed him to regain 20/20 vision in one of his eyes. This event led him to switch majors from business to science, and he eventually got his Ph.D. in Molecular Genetics. Source link
Day: October 10, 2022
Bitcoin Mining Difficulty Surges to All-Time High, Putting Additional Squeeze on Miners
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BTC, ETH Fall to 1-Week Lows, as Markets Prepare for Big Week of Data – Market Updates Bitcoin News
Bitcoin was trading near a key support point on Monday as markets prepared for a big week of economic data. The headline release will be Wednesday’s U.S. inflation report, which is forecasted to come in at 8.1% for September, which is lower than August’s rate of 8.3%. Ethereum was also in the red, as the token slipped to a one-week low to start the week. Bitcoin Bitcoin started the week trading at a seven-day low, as markets prepared for a big week of economic data. BTC/USD slipped to a bottom…
Not a minor adjustment: Bitcoin mining difficulty soars 13.5% to new ATH
There is no bear market for the builders of the Bitcoin network as more and more BTC miners join the network, driving up the difficulty. It’s a new all-time high–for Bitcoin (BTC) mining difficulty. Hot on the heels of the Bitcoin hash rate hitting new highs, the difficulty adjustment, or the complexity that miners must overcome to solve valid blocks, has increased by 13.55%. Despite pressure from falling prices in 2022, the difficulty adjustment continues its steady march upward from the lows of August 2021. It hit an all-time high of 35.61 trillion…
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First Mover Americas: Bitcoin Stable Around $19K as Inflation, Earnings Haunt Traditional Markets
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 7, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
Quant Price Monitor – Crypto Is Looking At A 20% Rally This Week
Quant (QNT) may be one of the lesser known cryptocurrencies compared to Bitcoin, Ethereum, XRP, Cardano and Dogecoin, but is one of those digital assets that is set for a bullish rally over the next few days. Quant’s notches 14.44% seven-day advance The crypto is expected to rise by 20% due to its bullish momentum QNT is outperforming a lot of altcoins after the September bearish market At press time, tracking from Coincodex shows the crypto is changing hands at $153.63 and is enjoying a 14.44% increase for the past…
Crypto Services Firm Luxor to Offer Derivatives for Bitcoin Miners to Hedge Risk
The product, called Luxor Hashprice NDF, will be traded over-the-counter and will be first of its kind, according to a statement. The financial instrument will be based on hashprice, a term coined by Luxor that refers to the bitcoin mining revenue miners earn from a unit of hashrate, or compute power over a specific period of time. Original
Transit Finance Hacker Returns $2.74M to Victims, Sends $686K to Tornado Cash
A hacker that swindled cross-bridge DeFi Protocol Transit Finance out of $28.9 million has agreed to return $2.74 million to victims. Source
Binance CEO Changpeng Zhao Believes Decentralization Is Part of a ‘Gradient Scale’ – Bitcoin News
Changpeng Zhao, founder and CEO of Binance, the biggest cryptocurrency exchange by volumes traded, pondered the importance of decentralization and the relation it has with security and freedom. Zhao stated that there are several aspects of decentralization and that this is part of a gradient scale, explaining the different ways in which even Bitcoin can be seen as centralized. Binance CEO Changpeng Zhao on Decentralization and Its Degrees A lot has been said about the benefits decentralization brings to cryptocurrency projects and how it differentiates some initiatives from…