Returns on cryptocurrencies depend not only on interest rates but also on the efficiency of the investment mechanism itself. As more mature solutions and blockchain automation emerge, many experienced investors are moving away from unstable DeFi farming in favor of mevstake — with Mevolaxy becoming one of the main beneficiaries of this trend. What’s wrong … Read more
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S&P Global’s credit rating of Sky Protocol reflects key concerns over governance centralization, weak capitalization and regulatory uncertainty.
AOL dial-up is ending on September 30th according to a statement posted on the company’s website. It marks the end of the service that was synonymous with the internet for many since its launch in 1991. “AOL routinely evaluates its products and services and has decided to discontinue Dial-up Internet,” reads the statement by the Yahoo-owned company. … Read more
The ASX-listed crypto investment manager has defended its director’s share trades while outlining plans to quadruple its Bitcoin holdings.
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Corporate America’s fears of a looming economic recession have evaporated as quickly as they emerged early this year. The number of S&P 500 companies that mentioned the word “recession” during their second-quarter earnings call dropped sharply to just 16, down sharply from 124 in the first quarter, according to data source FactSet. A recession is … Read more
Chowdeck, a Lagos-based food delivery startup that has stayed profitable in a notoriously tough and low-margin market, has raised $9 million in Series A funding to launch a quick commerce strategy and expand into more cities in Nigeria and Ghana. The equity round was led by Novastar Ventures, with participation from Y Combinator, AAIC Investment, … Read more
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Technical Analysis Overview DOGE gains 3% in the 24-hour period ending August 11, rallying from $0.23 to $0.24 between August 10 05:00 and August 11 04:00. The most aggressive move comes in the 01:00-02:00 hour on August 11, when price jumps from $0.23 to $0.24 on 829.05 million volume — more than double the 24-hour … Read more
The LayerZero Foundation has proposed acquiring the closely-related Stargate (STG) and merging its token economy into the LayerZero (ZRO) ecosystem, a move that would consolidate the two protocols’ cross-chain infrastructure under a single asset. Stargate Finance was developed by the same team that created the LayerZero protocol, and the two companies share cofounders. The plan … Read more
LayerZero pitched a $110 million all-token deal to buy Stargate, but not everyone from the crypto protocol’s community is happy with the proposal.
Ethereum’s market capitalization currently sits at $523 billion, overtaking global payment cards company Mastercard.
How are you, hacker? 🪐Want to know what’s trending right now?: The Techbeat by HackerNoon has got you covered with fresh content from our trending stories of the day! Set email preference here. ## Mac.c Stealer Takes on AMOS: A New Rival Shakes Up the macOS Infostealer Market By @moonlock [ 8 Min read ] … Read more
Bitcoin surged above $122,000, within 1% of its all-time high, following last week’s pro-crypto White House executive order and three strong days of Bitcoin ETF inflows.
The buy is “bullish in the short-term” but signals “top-down consolidation” that could erode crypto’s decentralization, Decrypt was told.
Experts are debating whether Bitcoin’s predictable four-year cycles are at an end as institutions get into crypto in a big way.
Zora (ZORA) climbed nearly 50% in the past 24 hours to over 13 cents, extending a week-long rally to over 118% and pushing the market cap to $450 million. No immediate catalyst or news event seemed to create the demand bump, but the rapid price movement suggests a wealthy player purchased an unusually high amount … Read more
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Bitcoin (BTC) bulls mounted a fresh challenge to a crucial resistance level as traders looked forward to U.S. inflation data. The top cryptocurrency rose to $122,056, testing the 1.618% Fibonacci extension originating from the 2018 bear market low and the 2022 bear market low. The 1.618% extension is derived from the “golden ratio,” a revered … Read more
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Technical Analysis Overview XRP jumps 11% in the 24-hour period ending August 11, moving from $2.90 to highs of $3.27 before settling at $3.22. The breakout comes as institutional trading volumes spike 208% to $12.40 billion following the formal dismissal of the SEC’s case against Ripple Labs. Open interest in derivatives rises 15% to $5.90 … Read more
Crypto markets began Monday on a high note, with ether (ETH) up more than 21% over the past seven days to $4,300 and bitcoin (BTC) climbing 3% to within touching distance of record highs. BTC led gains among majors in the past 24 hours, with Solana’s SOL (SOL), XRP (XRP), dogecoin (DOGE), and BNB Chain’s … Read more
You know that moment when you’re in the middle of nowhere, your 4G turns into “E”, and your mobile app decides to become a very expensive paperweight? Yeah. That’s exactly why I wrote this. Picture a delivery driver staring at a loading spinner because the app can’t load their route without internet. Or a warehouse … Read more