Category: Uncategorized
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Meet the NFT platforms where not just anybody can sell their collections
[ad_1] A curated NFT marketplace is one where the access to sell an item is restricted. Only creators that are allowlisted (invited by an existing member or accepted by the platform curator) can offer their items there. While this helps build a strong community around the artists on the platform, it also can reduce its…
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Public Bitcoin miners show we can expect a second capitulation
[ad_1] Determining the market bottom requires a lot of guesswork. Bitcoin’s recent volatility has resulted from various factors ranging from geopolitical uncertainty and local regulation to internal implosions of the crypto market. Miners have historically been one of the most reliable omens of Bitcoin’s performance. Bitcoin miners make up the foundation of the crypto market…
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Ethereum outperforms Bitcoin 2X in Compound Annual Growth Rate over past 4 years
[ad_1] Data on the four-year Compound Annual Growth Rate for Ethereum and Bitcoin from the on-chain analytics platform Glassnode shows that ETH has outperformed Bitcoin since October 2019. The data is available via the two charts below, which depict the CAGR for both Ethereum and Bitcoin over the past four years. The period was selected…
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Blockchain Security Alliance Q3 2022 Blockchain Security Report
[ad_1] 1 Q3 2022 Blockchain Security Overview A total of 37 major exploits were monitored, with a total loss of approximately $405 million In the third quarter of 2022, Beosin EagleEye monitored over 37 major attacks in the Web3 space, with total losses of approximately $405 million, down approximately 43.6% from $718.34 million in Q2…
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Terra collapse sparked explosive growth in long-term Bitcoin supply
[ad_1] The Terra collapse, in which $60 billion of value evaporated, has already gone down as a defining moment in cryptocurrency history. TerraForm Labs co-founder Do Kwon maintains the issue boiled down to weaknesses in the UST stablecoin protocol design. However, others have openly called out the project as a scam from the off. The…
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Dogecoin leads gain as BTC maintains $20k
[ad_1] The cryptocurrency market cap saw net inflows of $2.8 billion over the past 24 hours, pushing the total to $998.02 billion from $995.22 billion as of press time. The market cap increased by 0.39% over the last 24 hours. Bitcoin’s market cap fell 0.1% over the reporting period to $395.35 billion. Meanwhile, Ethereum’s market…
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Bitcoin holds steady as Google, Meta lead tech stock rout after missing Q3 targets
[ad_1] Bitcoin is holding above the psychological $20,000 level, despite major tech companies like Google and Meta missing their latest earnings targets — indicating a decoupling of the flagship crypto from tech stocks. In a week when big tech companies, including Google and Meta, missed their earnings target, On Oct. 25, Google missed its earnings…
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Bitcoin transaction worth $500M cost $0.80 in fees
[ad_1] The Bitcoin network facilitated a transaction worth over $500 million on Oct. 27, transferring around 24,530 BTC. The entire transaction was sent, processed, and confirmed for a fee of just $0.83. According to data from mempool.space, the 24.5 sat/vB fee was significantly overpaid, as only around 10 sat/vB would have been enough to include…
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World’s largest Bitcoin mining firm Core Scientific on the verge of insolvency
[ad_1] Core Scientific, one of the world’s largest publicly traded Bitcoin mining companies, is on the verge of insolvency. In an Oct. 26 SEC filing, the company said its operating performance and liquidity had been severely impacted by rising electricity costs and falling Bitcoin prices. The increase in hash rate has also drastically impaired the…
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Is Ethereum now under U.S. control? 99% of latest relay blocks are censoring the network
[ad_1] Following OFAC sanctions on Ethereum addresses related to Tornado Cash and other global entities, many were concerned with the precedent set by the bans. Vitalik Buterin, the founder of Ethereum, called for validators to be slashed if censorship were to occur at the protocol layer. However, over the past month, there has been an…