Day: December 7, 2022

Staking on Chainlink Blockchain Platform Goes Live with Greater Security

Chainlink noted that the new staking feature will be an integral part of “Chainlink Economics 2.0” thereby focusing on sustainable growth. On Tuesday, December 6, oracle service provider Chainlink introduced a staking feature to its blockchain network. Chainlink said that the staking feature will further help to boost the economic security of its oracle services. Staking by Chainlink So far, the LINK token holders had a limit on how they can put their tokens to work. Earlier, Chainlink token holders had to launch their own nodes to receive the LINK…

Stellar (XLM), Binance (BNB) and Orbeon Protocol (ORBN): Top 3 Tokens to Invest In 2023

Place/Date: – December 7th, 2022 at 8:49 am UTC · 3 min read Source: Orbeon Protocol The cryptocurrency market is a rapidly growing and complex space. With so many different cryptocurrencies, it can be difficult to decide which one to invest in. Investors are always looking for the best cryptocurrency ecosystem, and notably, many are focusing on market newcomer Orbeon Protocol (ORBN) which has already seen 525% returns in presale. We’ll compare tokens like Binance (BNB), Stellar (XLM), and Orbeon Protocol (ORBN) to help you find the best crypto today.…

Gate.io pledges $100M to revive crypto and rebuild investor confidence

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In a move to tone down the negative impacts of a bear market and ecosystem collapses, crypto exchange Gate.io launched an industry liquidity support fund with an initial commitment of $100 million. With investors moving their funds away from exchanges into self-custody, market liquidy concerns are an immediate threat to struggling crypto businesses. Gate.io’s $100 million commitment aims to support companies looking to restrategize and adapt to changing market conditions. The liquidity support aims to help crypto businesses maintain their focus on their business while being protected from market uncertainties.…

Hedera Continues To Consolidate Near Its Lowest Level This 2022

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Hedera (HBAR), the native and energy-efficient cryptocurrency of an open source public distributed ledger bearing the same name, started the year on a high note, peaking at $0.3282 on January 5. But the crypto asset failed to keep up its momentum and gradually declined over time until it fell below the $0.10 marker on May 13 when it bottomed at $0.0870. HBAR continues to struggle in reclaiming the $0.10 territory Hedera technical indicators currently show no signs of an immediate reversal The crypto asset increased its market cap by $400…

Binance Counters ‘Wrong Narratives’ About FTX — CZ Calls SBF ‘One of the Greatest Fraudsters in History’ – Featured Bitcoin News

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The CEO of crypto exchange Binance, Changpeng Zhao (CZ), has countered several “wrong narratives” about the collapsed crypto exchange FTX and its co-founder Sam Bankman-Fried (SBF). The Binance boss calls SBF “a master manipulator” and “one of the greatest fraudsters in history.” Binance’s CEO on ‘Wrong Narratives’ About FTX and Sam Bankman-Fried The CEO of crypto exchange Binance, Changpeng Zhao (CZ), took to Twitter Tuesday to address what he called “wrong narratives” that he has seen recently about the collapsed crypto exchange FTX and its co-founder Sam Bankman-Fried (SBF). The…

3AC subpoenas issued as dispute grows over claims of Terraform dump

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A federal judge overseeing Three Arrows Capital’s (3AC’s) bankruptcy proceedings has signed an order approving subpoenas to be delivered to 3AC’s former leadership, including co-founders Su Zhu and Kyle Davies. The subpoenas require the founders to give up any “recorded information, including books, documents, records, and papers” in their custody that relates to the firm’s property or financial affairs. The infamous hedge fund, worth $10 billion at its peak, filed for Chapter 15 bankruptcy on Jul. 1 with its troubles tied up in too much leverage and the collapse of…

Bears Struggle, Time To Buy The Dip?

Ripple is consolidating above the $0.375 support zone against the US Dollar. XRP price could gain pace if it clears the $0.40 and $0.415 resistance levels. Ripple is currently consolidating above the $0.375 and $0.380 levels against the US dollar. The price is now trading near $0.388 and the 100 simple moving average (4-hours). There is a key contracting triangle forming with support near $0.382 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair could start a strong increase if it clears the $0.400 resistance…