Andreessen Horowitz loses billions of dollars but remains faithful to crypto
a16z’ general partner Chris Dixon focuses on the entrepreneurial and developers’ activity, not on the prices.
Crypto
Are crypto trading bots legit?
A tool for professional traders, crypto trading bots are increasingly popular among retail investors for the automation they offer.
Bitcoin Jumps to $21K After Soft US Data, Less Hawkish Bank of Canada
The world’s largest cryptocurrency reached $21,000 Wednesday following short-liquidations from large exchanges earlier on in the day.
Binance Oracle network to bridge Web3 and blockchains via smart contracts
For starters, Binance Oracle will allow existing decentralized applications and Web3 ecosystem partners on BNB Chain to access data sources and advanced computations.
Binance Launches Native Oracle Network, Starting With BNB Chain
BNB Chain will be the first blockchain to use Binance Oracle to connect smart contracts with off-chain data.
Vietnam’s Prime Minister Says Country Needs to Regulate Crypto
The country’s lawmakers have been pressuring the Prime Minister to clarify his stance towards virtual assets, which aren’t recognized as property yet.
Mercados cripto registran las mayores liquidaciones en corto en 15 meses y ether lidera suba de tokens
El exchange de criptomonedas FTX registró alrededor de US$500 millones solo en liquidaciones, una cifra mucho más alta que la habitual.
Crypto Ad Spending Slowdown Contributes to Google’s Soft Quarter
Google’s management team highlighted economic uncertainty which contributed to a slowdown in advertising spending.
Tres indicadores que los traders principiantes de cripto deberían usar, según los profesionales
Los indicadores de trading ayudan a los inversores de criptomonedas a anticipar hacia dónde se dirigirán los precios. Aquí te presentamos algunas herramientas subestimadas que los profesionales recomiendan.
Next Bitcoin rally to start in Q2 2023 — Mark Yusko explains why
The anticipation of the next Bitcoin halving will spark a crypto rally in 2023 regardless of the grim macroeconomic picture, according to hedge fund manager Mark Yusko.
Crypto Exchange SushiSwap Approves Restructuring, Will Create Three Firms for DAO
The DAO will be divided into three organizations, which would be based in Panama and the Cayman Islands.
How South Korea’s National Assembly Got Stood Up by Crypto Industry Reps at Terra Hearing
Only two crypto executives represented the industry, though lawmakers asked five to attend.
Norwegian gov’t agency opens metaverse office in collaboration with EY
The Brønnøysund Register Center collaborated with EY to open a virtual office in the Decentraland metaverse to reach its next generation of users.
BitPay to introduce USDC and ETH payments on Polygon network
Polygon-bridged cryptocurrencies like Ether, USDC, DAI and Wrapped Bitcoin are coming to BitPay later this week.
Bitcoin miners rethink business strategies to survive long-term
A look at why some Bitcoin miners continue to thrive in the bear market while others need to rethink their strategies in order to continue operations.
Ethereum is ahead of Bitcoin this rally — But ETH price still risks 20% crash against BTC
Ether has entered a bearish range that preceded a 35% price crash in the April–May 2022 session.
Axelar and Polygon Supernets Team Up to Provide Cross-Chain Interoperability
This will allow developers to build their applications across multiple blockchains
Crypto Exchange Gate.io to Help Busan, South Korea, Build Blockchain Infrastructure
Binance, Huobi and FTX have previously signed a memorandum of understanding with Busan as it looks to developer its nascent crypto market.
Google feels the bear market as crypto ads revenue slips since July
Alphabet’s revenue from Google advertising was down in Q3 2022, with decreased search spending from financial services and cryptocurrency subcategories highlighted.
First Mover Americas: Bitcoin, Ether Surge on Short Squeeze
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 26, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
A16z’s Largest Crypto Fund Loses 40% Value in First Half of 2022: Report
Andreessen Horowitz’s flagship crypto fund has cratered by more than 40% in the first half of this year, according to Wall Street Journal, which cites people familiar with the matter.
Bitcoin Miner Compass to Host 27MW Worth of Mining Rigs at Solar-Powered Startup
Startup miner Aspen Creek Digital has 30MW worth of capacity at its Texas facility, making Compass one of its largest customers.
Ethereum’s Layer 2 Rollups Reduce Costs, but the Risks Are Underappreciated
Ethereum’s incumbent rollup networks cannot currently claim that they “borrow” Ethereum’s security. Valid Points is CoinDesk’s weekly newsletter that breaks down Ethereum’s evolution and its impact on crypto markets.
Gaming DAO Merit Circle to Burn Nearly $170M Worth of MC Tokens
Decentralized autonomous organization (DAO) Merit Circle has voted to burn $169 million worth of its native token.
The UK has a new name for stablecoins and a new bill to regulate crypto
The proposal is another ripple of recognition for the Bitcoin, crypto and digital assets industries in the United Kingdom.
UK Police Has Crypto Experts Stationed Nationwide
The police has managed to seize and store up hundreds of millions of pounds worth of cryptocurrency, but welcomes new measures to ease seizures of crypto linked to crime and terrorism.
Singapore MAS proposes to ban cryptocurrency credits
Crypto service providers should not provide any credit facility or accept payments from credit cards from their customers, the MAS suggested.