SOL’s price shows strength as it bounces from a downtrend range after losing its key Support to a region of $28. SOL faces a major issue to hold above Support and trend higher above $34 after the price broke out of its downtrend descending triangle price movement. SOL’s price remains strong on the daily timeframe below the 50 Exponential Moving Average (EMA) as the price aims for more rallies. The price of Solana (SOL) bounced from its low at around $27.5 after losing its key Support and reclaiming this important…
Day: October 27, 2022
Team Finance exploited for $14.5M during protocol migration despite contract audit
On Thursday, decentralized finance, or DeFi, lockup protocol Team Finance said over $14.5 million worth of tokens were exploited though the Uniswap V2 to V3 migration function on its platform. As told by blockchain security firm PeckShield, the hacker transferred liquidity from Uniswap V2 assets on Team Finance to an attacker-controlled V3 pair with skewed pricing. By locking tokens to the contract, the attacker bypassed existing validation mechanisms and pocketed the huge leftovers as refund for profit. Uniswap V3 was designed with better efficiency for liquidity providers (LP) than V2…
El PBI de EE. UU. crece 2,6% en el tercer trimestre y bitcoin se mantiene estable
Los analistas que fueron encuestados por FactSet habían pronosticado una expansión del 2% para el tercer trimestre, aunque otros economistas habían previsto un crecimiento mucho más rápido. Ian Shepherdson, economista jefe en la empresa de previsiones Pantheon, había proyectado una tasa de 3,1%. Source
I speedrun mining an entire chunk in minecraft
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io why did I do this speedrun? Watch live at: ▶ Twitter: ▶ Instagram: ▶ Merch: Edited by: @The Suited Bird Watch the world record speedrun here: My channel generally focuses on a more casual side of speedruns. With these videos I want to show off cool speedruns, explain how they work, and entertain. Hopefully you enjoy the content and maybe even take up speedrunning yourself, because it is truly a lot of fun! Today we tried the speedrun of mining a chunk…
Why Crypto Market Fear Mirrors Lull In Volatility
Data shows the crypto market fear has been mirroring the volatility in the market recently, as the latest burst in the price of Bitcoin has improved investor sentiment. Crypto Fear And Greed Index Escapes Out Of “Extreme Fear” Zone The “fear and greed index” is an indicator that tells us about the general sentiment among investors in the cryptocurrency market. The metric uses a numeric scale that runs from zero to hundred for displaying this sentiment. All values above fifty signify greed in the market, while those below the threshold…
Brink Emerges as the Top Funder of Bitcoin (BTC) Core Development, BitMex Research Says
Brink has funded more active Bitcoin Core developers and reviewers – eight contributors with at least 10 commits – than any other organization in the past 12 months, BitMex said. On GitHub, commits are snapshots of changes and updates made by developers and are often used to gauge developer activity. Source
Celo ecosystem projects raise $77.3M in support of interoperability, ReFi
Projects building on the Celo blockchain have collectively raised $77.3 million in support of various business initiatives, underscoring the growing adoption of the payments-focused developer network. Celo announced on Oct. 27 that projects impactMarket, Loam, Tatum, Circular Impact, Sanergy, Hyperlane, RedStone and Jia secured funding to further the adoption of theirWeb3 business models. The biggest raise came from Tatum, a blockchain development platform and early Celo Foundation grant recipient, which secured $41.5 million. Hyperlane, an interchain communication protocol focused on interoperability, secured $18.5 million in seed funding led by venture…
What’s Keeping Ethereum From Taking BTC’s Shine, ETH At $1,5K
Ethereum is finally coming back to life after a long period of consolidation and leading the current bullish momentum in the crypto top 10 by market cap. The slow price action might be boring for most market participants, but an expert believes ETH underwent a critical stage to create a lasting bottom. At the time of writing, Ethereum (ETH) trades at $1,550 with sideways movement over today’s trading session and a 20% profit in the last seven days. The meme coin records a 30% profit over the same period. In…
El éxito de Reddit resalta el potencial de los NFTs, según Coinbase
Incluso cuando los volúmenes de venta de NFTs se desplomaron este año, cayendo 97% desde el pico de enero, el éxito de Reddit demuestra el potencial que tienen estos tokens, aseguró el texto. Es probable que la empresa pueda generar ganancias durante la actual desaceleración y ya comenzó a hacer bromas con su colección de avatares de Halloween, añadió. Source
Crypto Firm Freeway Updates Community, Says Trading Strategy ‘Failed’ and ‘Caused a Substantial Loss’ – Bitcoin News
Four days ago, the crypto rewards platform Freeway.io, formally called Aubit, halted withdrawals on October 23 after citing it was protecting the firm’s portfolio from “market fluctuations and volatility.” Two days later, the team updated the community and explained on Tuesday that “one of Freeway’s trading strategies appears to have failed and caused a substantial loss.” Crypto Rewards Company Freeway Updates Crypto Community After Halting Supercharger Buy-Backs The crypto rewards company Freeway.io was a platform that claimed to offer up to 40% annual percentage yield (APY) on “Supercharger” accounts. However,…