A blockchain not producing blocks for an extended period of time is concerning because it disrupts network stability, potentially leading to security risks and transaction delays. These crashes are uncommon with blockchains, but do occur during times of high network activity. Source
Month: August 2024
Nasdaq Seeks SEC Approval to Launch Bitcoin Index Options
Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Bitcoin Index Options. The company aims to provide new tools for institutional and retail investors to manage cryptocurrency investments. The options, pending regulatory approval, will offer European-style exercise and cash settlement features. Nasdaq Seeks to Launch Bitcoin Index Options Nasdaq […] Original
Bitcoin August Candle Hints at Major Reversal—Are Bulls About to Take Over?
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
4 Crucial Support Levels To Watch If BTC Falls
Bitcoin is trending lower when writing, cooling off after the encouraging leg up on August 23. Although the uptrend remains, and the coin is not far away from $63,000, there is no discounting the possibility of sellers pressing on. The alignment with the dip of early August could trigger another wave of liquidation, causing panic. Bitcoin Shaky, The First Two Levels To Watch Technically, Bitcoin is within a bullish breakout formation from the bull flag established after the expansion on August 8. Additionally, from a volume analysis perspective, bulls stand…
Bitcoin (BTC) Price Falls Below $59K Amid Broad Market Rout; Ether (ETH) Slumps Almost 10%
Bitcoin had topped $62,700 earlier in the day, but recently was down 6.5% from 24 hours earlier. Amid the rout, it got as low as $58,240, the lowest price since Aug. 19. Ether traded as high as $2,700 earlier Wednesday, but recently fetched less than $2,500. Source
Space and Time Secures $20 Million in Series A Funding to Enhance AI and Blockchain
Space and Time (SxT) Labs has announced the completion of a $20 million Series A funding round, led by Framework Ventures and supported by several prominent investors. SxT Labs disclosed that the funding aims to accelerate the company’s development of tools that bridge the gap between artificial intelligence (AI) and blockchain technology. Space and Time […] Source CryptoX Portal
Helium: Development Proposals Ignite 15% HNT Price Rally
Helium (HNT) is continuing its upward trajectory despite the market dip. According to CoinGecko, the token is up nearly 15% since yesterday, sparked by the recent on-chain developments that will expand on Helium’s decentralized physical infrastructure (DePIN). Related Reading Recently, Helium’s official X account announced the voting period for two crucial proposals for Helium Mobile. Aptly named HIP 130 and 131, these two proposals have sparked speculation for HNT’s near-future performance. Helium Proposes New Security Measure Against Malicious Activity HIP 130, titled ‘Data-Only Hotspots’, proposes that the network should expand…
Ethereum creator seemingly donated $517k to mobile project ethOS
Vitalik Buterin has likely provided financial support to ethOS, a project promoted as the world’s first Ethereum mobile operating system. According to Arkham data, Ethereum (ETH) co-founder Vitalik Buterin sent 199.9 ETH, valued at over $517,000, to a Gnosis Safe multi-signature contract. The leading speculation is that Buterin’s transfer was a donation to the Ethereum phone project called ethOS. Built by pseudonymous developers at Freedom Factory, this open-source initiative was initially launched on select Android devices in late 2022 and redeployed the following year. ethOS is an Ethereum-native mobile operating…
Wyoming Blockchain Symposium Highlights Regulatory and Energy Innovations
Peter Zhang Aug 27, 2024 21:33 The Wyoming Blockchain Symposium showcased key insights on regulatory advancements and energy strategies within the crypto space, featuring top industry leaders. The Wyoming Blockchain Symposium recently brought together 250 of the leading minds in the digital assets industry. Hosted by SALT in collaboration with Kraken and the University of Wyoming, the event highlighted Wyoming’s pioneering role in crypto regulation and energy innovation, according to Bitwise Investments. Wyoming’s Regulatory Landscape Wyoming has been at the forefront of…
Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial DAI Stablecoin Change
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