US stocks lose $1.25T in a day — more than entire crypto market cap
Risk assets take a major blow as Fed Chair Jerome Powell stays firmly hawkish on inflation and monetary policy. Bitcoin (BTC) and altcoins lost big on Aug. 26 after the United States Federal Reserve delivered hawkish remarks on economic policy. Across …
Pro-blockchain narratives hinder Bitcoin adoption, says StackinSat founder
Josselin Tonnellier, the founder of crypto investment banking firm StackinSat, said that while organizing an event during the bear market was difficult, seeing attendees from abroad was very rewarding. Over a decade-long evolution later, for self-justified personal reasons, a handful …
Bear market uncertainty is the perfect time to build and learn, says Sato exec
Fanny Philip, COO of Sato Technology, doubled down on believing that bear markets should be considered a builder’s market for mining companies. The decisions made by companies during bear markets play a pivotal role in determining their longevity in the …
Hetzner anti-crypto policies: A wake-up call for Ethereum’s future
The terms of services, laid down by Ethereum’s second-biggest host Hetzner, prohibits customers from running nodes, mining and farming, plotting, storage of blockchain data and trading. Just when the Ethereum ecosystem reached its final stages in preparing for the much-anticipated …
Hacker tries to exploit bridge protocol, fails miserably: Finance Redefined
Majority of the DeFi tokens in the top-100 had a mixed week as several tokens traded in red while a few others managed to make double-digit gains. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights …
Coinbase says it will ‘evaluate any potential forks’ following the Merge
“Should an ETH PoW fork arise following The Merge, this asset will be reviewed with the same rigor as any other asset that is listed on our exchange,” said Coinbase. Cryptocurrency exchange Coinbase has updated its information related to Ethereum …
Crypto Biz: Step aside, Warren Buffett; stablecoin issuers hold more US debt than Berkshire Hathaway
Stablecoin issuers Tether, Circle and others hold more short-term U.S. Treasury Bills than Berkshire Hathaway. Warren Buffett raised eyebrows this week when his firm, Berkshire Hathaway, upped its exposure to United States Treasury bills. If you’re one of the few …
Price analysis 8/26: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC
Bitcoin and altcoins followed stocks lower after hawkish statements from the Federal Reserve confirmed that the central bank remains serious about reducing inflation. Federal Reserve Chairman Jerome Powell warned that the central bank will continue to use the “tools forcefully” …
Binance froze $1M corporate account due to law enforcement request
The crypto exchange accused a Tezos tool contributor of “mislead[ing] the community” by claiming it was unaware of the reason Binance blocked access to its corporate account. Major crypto exchange Binance has confirmed it restricted account access to $1 million …
Millions of dollars in ETH lie unclaimed in presale wallets — but there’s a way to get them back
Did you know that over 500 Ethereum presale wallets are yet to be recovered… and collectively, they have a value of several billion dollars? Out in the cryptosphere, there’s a vast amount of wealth that’s seemingly out of reach. A …