Author: e_cash_top
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Weekly MacroSlate: Which part of the Big Short film are we in right now? As U.S. treasury yields continue to climb and invert across the yield curve
[ad_1] Macro Overview Recap of critical events, week commencing Oct. 10 As CryptSslate attended Bitcoin Amsterdam, there was no weekly MacroSlate report for the week commencing Oct. 10. Key macro topics that occurred were; On Oct. 13, the U.S. CPI inflation report showed a worrying jump in prices excluding food and energy for September, pushing…
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Wintermute CEO argues Crypto Twitter “doesn’t matter” as much as “US regulators, politicians” in response to SBF discourse
[ad_1] CEO of Wintermute, Evgeny Gaevoy, took to Twitter on October 23 to add commentary to the discourse around FTX CEO Sam Bankman-Fried and his intentions within the crypto industry. Gaevoy argued that Crypto Twitter is a “tiny subset of the world” and “doesn’t matter.” Gaevoy went on to say that “US regulators and politicians…
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How Bitcoin and Ethereum compare to Global Currencies so far in 2022
[ad_1] The cryptocurrency industry has historically been more volatile than either equities or forex markets. However, since COVID, there has been increased volatility across most investible assets. Interestingly, the pound fell at one of its sharpest rates in history following the recent mini-budget, while Bitcoin has remained relatively stable around the $19,000 market. Equities correlation…
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Algorand CTO responds to criticisms of centralization and permissioned nature of blockchain
[ad_1] John Woods, the CTO of Algorand Foundation, has responded to criticism from Justin Bons of Cyber Capital that Algorand is “centralized and permissioned.” Woods accepted some “critical views” but argued that the chain is still decentralized or permissionless. Whilst I obviously disagree that Algorand is centralised and permissioned – there are a number of…
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Deep-dive into the Mango Markets economic attack
[ad_1] In light of DeFi’s recent lending market economic attacks, risk monitoring and management has become a key factor for success within the ecosystem. Appropriate procedures need to be taken into account in order to ensure the future growth of the space. This article aims to explore the recent Mango Markets economic attack, how it…
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Fed likely to hike interest rates by 75 basis points in November meeting
[ad_1] Federal Reserve officials are working on introducing another 75 basis point rate hike at the upcoming meeting from Nov. 1-2, according to a report by The Wall Street Journal. In the last three meetings, mostly held in September, the Fed has hiked the benchmark for federal-funds rate by 75 basis points on each occasion.…
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Aptos engineer – first 24 hours blockchain performance indicates chain “isn’t even breaking a sweat”
[ad_1] Following the recent launch of the Aptos Blockchain, there has been a lot said of the nose dive performed by the native APTOS token. The token fell to a low of $6.75 from a high of $13.73, according to CoinGecko data. However, the founding engineer of Aptos, Josh Lind, also gave his thoughts on…
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Vitalik jokes led to 2 new memecoins that surged over 300%
[ad_1] A new meme coin, DIE, has been created after Vitalik Buterin made a joke about a cryptocurrency with such a name and getting a shirt with the name. 👉 Die Protocol $DIE / $WBNBBSC – PancakeSwap 🟢 Price is up 324% in the last hour 🟢 Price: $0.0003341 – 24H Txns: 740 – 24H…
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White hat hacker returns $300k gained from OlympusDAO exploit
[ad_1] Blockchain security firm Peckshield said that a hacker who exploited 30,437 OHM tokens (worth roughly $300,000) from an Olympus DAO’s smart contract earlier today has returned the funds to the DAO in two transactions. According to Peckshield, the hacker exploited the contract’s “BondFixedExpiryTeller,” inability to validate the transfer request properly. The firm continued, “the…
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Polkadot ecosystem falls 2.9% after founder Gavin Wood steps down as Parity CEO
[ad_1] The market cap of the Polkadot ecosystem has declined roughly 2.9% following news of Gavin Wood‘s departure as CEO. Polkadot founder Gavin Wood announced on Oct. 21, that he was quitting his role as CEO of Parity Technologies, the parent company behind the Polkadot and Kusama ecosystems. Wood said his long-term passion has been…