Cointelegraph.com News

Cointelegraph.com News


Takeaways and reviews, what went down during Miami Tech Week

Posted: 25 Apr 2022 02:15 PM PDT

One of largest VC deals so far in Q1 2022 went to Miami-Based Yuga Labs with its $450 million seed funding round led by Andreessen Horowitz.

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Bitcoin hits $40K, investors pump Dogecoin (DOGE) after Musk confirms Twitter purchase

Posted: 25 Apr 2022 02:00 PM PDT

Markets took a turn for the better after BTC reclaimed $40,000 and the excitement over Elon Musk buying Twitter translated to a 20% pump for DOGE price.

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Elon Musk buys Twitter for $44B — crypto industry reacts

Posted: 25 Apr 2022 01:45 PM PDT

The company's board of directors unanimously approved the deal on Monday but added it was still "subject to the approval of Twitter stockholders."

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Report: Postmates founder Bastian Lehmann launches crypto startup

Posted: 25 Apr 2022 01:15 PM PDT

Although details surrounding the venture remain unknown, its website states the firm seeks to provide "consumer finance solutions for an emerging web."

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Law Decoded: Competing narratives around crypto clash on the Earth Day, April 19-26

Posted: 25 Apr 2022 12:30 PM PDT

The future of crypto adoption will largely depend on which of the competing narratives about digital assets and blockchain's environmental effects prevails.

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Bitcoin bears tighten their grip on BTC now that $40K is the new resistance level

Posted: 25 Apr 2022 12:05 PM PDT

Mounting concerns about the state of the global economy and traders' risk-off sentiment continue to weigh on Bitcoin price.

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Meta will open physical metaverse-themed store in San Francisco Bay Area

Posted: 25 Apr 2022 11:33 AM PDT

The store, which will be located on the company campus in Burlingame, California, will feature a wall-to-wall curved LED screen that displays what users see using Meta VR headsets.

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Price analysis 4/25: BTC, ETH, BNB, XRP, SOL, LUNA, ADA, AVAX, DOGE, DOT

Posted: 25 Apr 2022 11:05 AM PDT

Bitcoin and select altcoins are attempting a recovery, but the most likely outcome of any breakout is strong selling at higher levels.

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New York legislators to vote on PoW mining moratorium this week

Posted: 25 Apr 2022 10:45 AM PDT

If passed, the suspension of both new licenses and renewal applications will last for two years.

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Bored Ape Yacht Club NFTs stolen in Instagram phishing attack

Posted: 25 Apr 2022 09:55 AM PDT

The phishing attack coincided with the one-year anniversary of BAYC's launch, leading many users to believe that the link was authentic.

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OpenSea top-10 NFT projects soar as new liquidity enters the market

Posted: 25 Apr 2022 09:36 AM PDT

The success of MoonBirds and traders' anticipation of Yuga Labs' The Otherside land sale is bringing a wave of fresh liquidity to the NFT market.

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ECB needs 'globally coordinated regulatory action' on crypto, says official

Posted: 25 Apr 2022 09:15 AM PDT

One of Fabio Panetta's concerns seemed to be how the ECB and lawmakers address the taxation of cryptoassets, describing current requirements as "minimal."

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Bitcoin spoofs $39.5K breakout at Wall St open as Elon Musk Twitter takeover nears

Posted: 25 Apr 2022 08:01 AM PDT

Dogecoin reaps the benefits of rumors that plans for Musk to buy Twitter outright are in their final stages.

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DeFi partnership aims to tokenize shares of pre-IPO companies

Posted: 25 Apr 2022 07:00 AM PDT

Chandra Duggirala, Portal's executive chairman, explained that the tokenization of traditional assets sparks the merging of the Bitcoin ecosystem with mainstream finance.

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Could XRP price lose another 70% by Q3?

Posted: 25 Apr 2022 06:33 AM PDT

A descending triangle breakdown coupled with XRP's correlation with Bitcoin can put downward pressure on price.

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STEPN impersonators stealing users' seed phrases, warn security experts

Posted: 25 Apr 2022 05:23 AM PDT

When these cybercriminals obtain the seed phrase, they gain complete control over the STEPN user's dashboard.

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The Central African Republic reportedly passes a bill to regulate crypto use

Posted: 25 Apr 2022 02:55 AM PDT

The new crypto law would reportedly allow citizens to pay their taxes in crypto and allow the use of crypto as a form of payment for businesses.

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Kraken awarded crypto trading license in the United Arab Emirates

Posted: 25 Apr 2022 01:17 AM PDT

With the new operational license in Abu Dhabi, Kraken aims to provide access to global liquidity to local investors via dirham trading pairs.

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‘Something sure feels like it's about to break’ — 5 things to know in Bitcoin this week

Posted: 25 Apr 2022 12:35 AM PDT

Bitcoin looks set for a fall as a surging U.S. dollar sparks suspicion based on an equally grim macro picture.

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SkyBridge goes all in on crypto, betting on ‘tremendous growth’ ahead

Posted: 25 Apr 2022 12:19 AM PDT

"For us, we think the cryptocurrency markets represent tremendous growth," said SkyBridge founder Anthony Scarramucci.

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Getting Shibby with it: SHIB burning portal launches

Posted: 24 Apr 2022 11:02 PM PDT

Shiba Inu devs launched a portal that will burn more SHIB tokens than ever before and reward burners for doing so.

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Decentralization ‘absolutely essential’ in building crypto capital markets

Posted: 24 Apr 2022 10:17 PM PDT

Sang Lee believes blockchain technology developments have already left traditional banks in the dust, but adoption remains relatively low due to several factors.

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AkuDreams dev team locks up $33M due to smart contract bug

Posted: 24 Apr 2022 10:01 PM PDT

A highly anticipated NFT project has been hit with an exploit and a smart contract bug, causing a disruption to its auction and leaving the team with $33 million unable to be accessed.

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What is impermanent loss and how to avoid it?

Posted: 24 Apr 2022 04:00 PM PDT

Read this guide to understand the risk, known as impermanent loss (IL), that liquidity providers take in exchange for fees earned in liquidity pools.

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Decentralized credit scores: How can blockchain tech change ratings

Posted: 24 Apr 2022 02:00 PM PDT

Borrowing and lending are two important parts of DeFi, but they have been missing an effective operating credential: a decentralized credit rating.

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Top 5 cryptocurrencies to watch this week: BTC, DOT, XMR, APE, CAKE

Posted: 24 Apr 2022 12:58 PM PDT

Bitcoin bulls are attempting to reclaim the $40,000 level and if this happens, DOT, XMR, APE and CAKE could be the first altcoins to break out.

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