Kathleen Breitman, co-founder of the Luxembourg-based blockchain platform, discusses why the collapse of FTX is a “massive distraction” for the industry but has made it prime time for hiring developers. Source CoFounderCollapseDevelopersFTXGoldenopportunityTezos CryptoX Portal
Former FTX chief executive officer Sam Bankman-Fried, who is currently facing multiple charges related to wire fraud and securities fraud, reportedly said he wanted to see the indictment against him before agreeing to extradition to the United States. Appearing in an emergency hearing of the Bahamas Magistrate Court on Dec. 19 for the first time since his bail was denied, Bankman-Fried reportedly said he was willing to not fight the process required for extradition to the United States but wanted to see all the charges against him. He spent the last…
Impervious Technologies launched the first web browser built on top of Bitcoin’s second-layer scaling system, the Lightning Network. It is a peer-to-peer web browser that offers a full suite of tools for communication, data transfers,and Lightning payments without any middlemen. This comes in the form of secure peer-to-peer messaging, P2P video calls, P2P workspaces, decentralized identity management, decentralized data storage and direct user monetization of their data. All of these tools are fully encrypted, and they remove centralized intermediaries that collect and sell the user’s data. By utilizing the decentralized…
The price of Bitcoin continues to grind slowly to the downside while other major digital assets follow. The market is moving in tandem with the legacy financial sector, pricing in a higher terminal rate for 2023. As of this writing, Bitcoin trades at $16,600 with sideways movement in the last 24 hours. In the previous week, the cryptocurrency is recording a 3% loss. Previous outperformers, such as Dogecoin, Polygon, and Ethereum, are seeing heavy losses on similar timeframes. BTC’s price moving sideways on the daily chart. Source: BTCUSDT Tradingview Bitcoin…
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According to a Binance blog post, Binance US has entered an agreement with Voyager Digital Ltd., in order to acquire its assets. The announcement details that the acquisition “sets a clear path forward for Voyager customers’ funds to be unlocked as soon as possible.” Binance Reveals U.S. Subsidiary to Purchase Voyager Digital’s Assets for $1B, Company Bid Seeks Bankruptcy Court Approval At the end June 2022, it was revealed that Voyager Digital secured a line of credit worth $500 million from Alameda Research, but by July 1, the TSX-listed Voyager…
Ethereum price closely followed that of bitcoin throughout the week and this saw the digital asset fall below the $1,200 level once more. Presently, the entire market looks to be consolidating but Ethereum has been put under some pressure following the activation of two whale addresses. These addresses which had not transacted for about half a decade had suddenly moved tens of millions of dollars worth of ETH between them. Five-Year-Old Whales Move $27 Million In the early hours of Monday, Lookonchain, an on-chain data tracker, took to Twitter to…
Shiba inu rose for a third consecutive session on Monday, as the meme coin continued to move away from last week’s lows. Today’s surge comes as the global cryptocurrency market cap was largely unchanged, and is down 0.01% as of writing. Monero was another notable mover to start the week, as it too rose in back-to-back sessions. Shiba Inu (SHIB) Shiba inu (SHIB) was in the green to start the week, as the meme coin rose for a third consecutive session. Following a low of $0.00000848 on Sunday, SHIB/USD surged…
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Daniel Alegre is set to become Yuga Labs’ new CEO in the first half of 2023 and will focus on the company’s Otherside project. Yuga Labs has appointed the outgoing President and COO of Activision Blizzard, Daniel Alegre, as its new CEO. Alegre’s new position at Yuga Labs was announced less than 72 hours after he departed his role at the video game-holding and publishing company. His exit from Activision Blizzard (NASDAQ: ATVI) comes amid stalled developments regarding Microsoft’s (NASDAQ: MSFT) impending takeover of the Santa Monica-based company. As the new CEO of Yuga Labs,…