Crypto, which has a presence in both Silicon Valley and Wall Street, has certainly benefited from this system. But it might benefit more from the tarnishing of Big Tech’s prestige. Companies like Google and Facebook used to sop up talent by offering generous benefits, uber-competitive salaries and, perhaps most importantly but hardest to quantify, prestige. Source
Day: February 16, 2023
Coinbase Downgraded to Neutral at DA Davidson Ahead of Earnings
D.A. Davidson analyst Chris Brendler downgraded Coinbase (COIN) to neutral from buy after a more than doubling in the stock in 2023 sent the price surging past his $55 price target. Source
Bitcoin bulls aim to hold this week’s BTC gains leading into Friday’s $675M options expiry
While the U.S. Federal Reserve (FED) continues to monitor the overheated economy, the most likely scenario is further interest rate hikes to curb inflation. The unintended consequence is the heightened government debt cost, creating a bullish environment for scarce assets such as commodities, stock market and cryptocurrencies. Bitcoin’s price gain practically extinguished bears expectation for a sub-$21,500 options expiry on Feb. 17, so their bets are unlikely to pay off as the deadline approaches. Bitcoin investors’ primary concern is the possibility of further impacts from regulators following the staking rewards…
TrueFi’s TRU Token Rallies Over 200% After Binance’s TUSD Mint Sparks Speculation
CryptoX – Cryptocurrency Analysis and News Portal The rally appears to come from traders mistakenly connecting TRU with TUSD, a stablecoin that had been issued by TrueFi in the past but now no longer is. Source The post TrueFi’s TRU Token Rallies Over 200% After Binance’s TUSD Mint Sparks Speculation appeared first on CryptoX. CryptoX Portal
Flashbots Proposes New Class of ‘Matchmakers’ to Share Maximal Extractable Value (MEV) Gains With Ethereum Users
MEV represents the profits made by validators and blockbuilders as a result of reordering or including certain transactions in certain data blocks. Initially seen as an abusive extra tax on users imposed by opportunistic traders wedging themselves into the blockchain process, the practice has become ubiquitous. Source
Access Protocol’s ACS Token Rallies After Web3 Paywall’s Public Airdrop
With the public token airdrop now over, traders have stepped in to juice the value of ACS over 300% since launch, according to CoinGecko, which conducted the distribution. It’s trading around 2 cents with a circulating market cap of $620 million. CoinGecko data shows nearly a third of ACS tokens have been unlocked thus far. Source
The DeFi Platform That’s Taking NFTs to the Next Level – Press release Bitcoin News
press release PRESS RELEASE. On February 14, the highly anticipated Blur airdrop was finally kicked off. According to Dune Analytics, as of February 15, over 40,000 addresses have claimed the Blur airdrop, with 8.2% of them receiving over 10,000 tokens. Most users received between 1,000 and 10,000 BLUR tokens, with 7,000 tokens distributed to every user on average. On CoinEx, the BLUR price stood at about $0.8 on the distribution day. Based on that figure, the Blur airdrop provided users with $5,600 worth of tokens on average, making it another…
NFT Marketplace Rarible Expands Aggregation to Tezos
“Tezos is very big among artist communities, among the exact community that Rarible started with,” said Salnikov. “Tezos landed with the most crypto native culture … it’s a carbon neutral chain, it is decentralized, it is more or less one of the chains that achieved scalability and lower transaction costs without compromising decentralization.” Source
⭐ BITCOIN HOJE 13/02 – Análise da Noite: BTC FORMA UM NOVO FUNDO E VOLUME COMPRADOR AUMENTA #btc
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Link para a Playlist do Curso Gratuito … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Norwegian police recover $5.9M stolen from Axie Infinity Ronin hack
According to a press release published on Feb. 16 by Norway’s National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim), authorities have seized 60 million Norwegian Kroner ($5.85 million) in stolen cryptocurrencies linked to the Axie Infinity Ronin Bridge hack last March. According to senior public prosecutor Bender, “Økokrim is good at following the trail of money. This case shows that we also have a great capacity to follow the money on the blockchain, even if the criminals use advanced methods.” According to Bender, Økokrim worked with…