“For crypto assets, this all likely means continued range trading around current levels. Bitcoin seems to be holding fairly close to $30,000 at the moment which is a near 100% increase from January when it started the year at $16,540,” he said in a note. “There are few assets that perform this well in a “bear” market, and canny seasoned traders will likely have done well on BTC this year.” Original
The price of Bitcoin (BTC) has been trading between $29,900 and $31,160 for the past 18 days, causing concern among investors who are looking for explanations for the lack of a clear trend. After a 25.5% rally between June 15 and June 23 leading to Bitcoin’s highest level in 13 months one would expect investors to become more active and optimistic, but the lack of BTC’s ability to sustain prices above $31,000 and neutral on-chain and derivatives data do not corroborate this thesis. Bitcoin ETF expectations faced a harsh regulatory…
Each year, the amount of data generated across the globe is growing exponentially. From the explosion in the use of digital tools in the workplace to the ever-growing use of Internet of Things devices, social media, online gaming, e-commerce and other digital platforms, each day sees the creation of a massive amount of data that needs to be stored securely and efficiently. Blockchain technology provides a decentralized, immutable, secure solution, making it an ideal option for multiple industries. But first, blockchain-based data providers need to prove they can scale to…
Space and Time’s technology, proof-of-SQL, “allows the data warehouse to generate a SNARK cryptographic proof of SQL query execution, proving that query computation was done accurately and that both the query and the data are verifiably tamperpoof,” according to its website. Within Web 3 environments, this is particularly important because there are no trusted entities to ensure the accuracy of the data or the query. Source
Dubbed the Arkham Intel Exchange, the platform will enable the monetization of blockchain data and intelligence through a bounty mechanism that connects buyers and sellers. Arkham’s intel-to-earn economy goes live. Arkham Intelligence, a blockchain analytics company headquartered in New York, has announced the launch of the Intel Exchange, an intel-to-earn platform the team claims will enable web3 sleuths and researchers to monetize their skills. The new Arkham Intel Exchange plans to bring buyers and sellers of valuable blockchain data related to any crypto wallet together via a bounty mechanism. “Anyone…
Regarding the separate issue with referrals, anyone who shared their Arkham link may have inadvertently put their anonymity (or at least their email address) at risk. The pseudonymous m4gicpotato, a contributor to the privacy blockchain Beam, posted about the issue on Twitter on Monday, where it quickly went viral. M4gicpotato described themselves as a privacy advocate who has worked in crypto under various names since 2017. Source
A post appeared on a hackers’ forum on July 8 offering information allegedly hacked from gaming hardware maker Razer. “I have stolen the source code, encryption keys, database, backend access logins etc,” the hacker declared. The Straits Times said it saw a sample of users’ email addresses on offer that the hacker claimed was from a list that contained a total of 404,000 entries. The hacker said they “will be selling this one time” and set a price of $100,000 in privacy coin Monero (XRM), although they would consider lower…
Arkham has raised over $10 million from two rounds of equity financing with the latest equity round at $150 million, according to Binance’s research page. Whilst 5% of token supply is allocated to the token sale, 20% will go to core contributors, 17.5% will go to investors and 17.2% will be put towards the foundation treasury. Source
“China is exporting disinflation across the western world,” David Brickell, director of institutional sales at crypto liquidity network Paradigm, told CoinDesk. “We’re seeing it reflected in producer price inputs, but not yet fully feeding into consumer prices. Ultimately this will be good for risk as it relates to the end of the global hiking cycle.” Source
“When an L3 or a validium sends the transaction data to Avail, the data attestation bridge provides the attestation on Ethereum,” Anurag Arjun, the founder of Avail, told CoinDesk. This then proves to Ethereum that “whatever data was submitted by the rollup to Avail is actually available.” Source