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Home2022June

Month: June 2022

Binance USD (BUSD) Market Cap Soared More Than $400 Million in May
Market Analysis

Binance USD (BUSD) Market Cap Soared More Than $400 Million in May

June 29, 2022 0

BUSD joined USDC as one of the few cryptocurrencies that withstood the market crash of May which led to a steep decline in prices that saw billions of dollars wiped off the market. The token […]

Young Web3 Believers Unfazed by Battered Crypto Market
Regulation

Young Web3 Believers Unfazed by Battered Crypto Market

June 29, 2022 0

In the Bay Area, a student pursuing a master’s program in software management at Carnegie Mellon University Silicon Valley expresses his concern about embarking on a crypto career. The student, who wishes to be anonymous, […]

Market Analysis

Cardano’s Adaswap public testnet goes live on Milkomeda Network

June 29, 2022 0

Adaswap, a Gal Gadot-backed decentralized exchange (DEX) platform on the Cardano network, has launched its public testnet. A press release shared with CoinJournal stated that the Adaswap DEX, also backed by Shima Capital, was going […]

Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market
Regulation

Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market

June 29, 2022 0

At the height of the market, when bitcoin was over $60,000, companies were purchasing miners at $90, $100 and even more per terahash, Bulovic said. That adds up to as much as $10,000 per machine. […]

Ethereum

Polkadot Chief Gavin Wood Announces Blockchain Governance Upgrade

June 29, 2022 0

Gov2 is set to launch on Kusama, Polkadot’s more nimble and experimental sister network, imminently, according to the blog post, following a final professional audit of its code. Once Gov2 is tested on Kusama, a […]

Crypto Derivatives Exchange Bybit to Settle Options Contracts in USDC
Bitcoin

Crypto Derivatives Exchange Bybit to Settle Options Contracts in USDC

June 29, 2022 0

Bybit currently supports USDT, BTC, ether (ETH) and USDC as collateral, with more assets to be added, it said. Under the newly launched unified margin account, users of Bybit’s European-style, USDC-settled options will also be […]

DeFi Exploits Continue to Plague Industry as Saddle Finance Hack Sees $10M Stolen
Market Analysis

Canadian Netwalker Ransomware Hacker Pleads Guilty in US Court

June 29, 2022 0

A former Canadian government worker has pleaded guilty to charges of working for a ransomware gang that realized more than $50 million. Sebastien Vachon-Desjardins has entered into an agreement with U.S. federal prosecutors to plead guilty to […]

Regulation

What It’s Like to Work as a DAO Bounty Hunter

June 29, 2022 0

Meet “T Wells,” a 30-something former educator who, in 2021, began working for “bounties” (or gigs) in the DAO ecosystem. Source link

ethereum
Ethereum

Why Ethereum Could Trade At $500 If These Conditions Are Met

June 29, 2022 0

Ethereum has returned to the red as it was rejected as a major area of resistance. The cryptocurrency is bleeding out and records the second-worst performance in the crypto top 10 by market capitalization with […]

Bitcoin

Polygon Deploys Custom Blockchain Scaling System ‘Avail’

June 29, 2022 0

Currently, so-called “monolithic” blockchains, such as Ethereum, can not scale as there are too many tasks to perform (execution, settlement, and data availability). Scaling products, such as Avail, focus on just one part of the […]

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