Finance Redefined: AWS turns crypto exchanges offline, and Sushi CTO resigns, Dec. 3–10
An AWS outage sent shockwaves around the crypto industry, Delong left his role as Sushi CTO, and Coinbase opened a cryptography library — all coming to you in this week’s Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized …
Former SushiSwap CTO writes short reflection about leadership failures at blockchain DEX
“In the end, ultimately, I failed to deliver because of my compounding failures and will incorporate this knowledge into my next project,” said Delong. On Friday, Joseph Delong, former chief technology officer of decentralized exchange, or DEX, SushiSwap, published a …
South Africa’s financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: Report
“What we want to be able to do is to intervene when we think that what is provided to potential customers are products that they don’t understand that are potentially highly risky,” said Unathi Kamlana. Unathi Kamlana, the commissioner of …
Blockchain folk hero Nandy Martin hopes to build a better community for Haitians in Miami
So far, Martin has the support of both Cardano’s founder Charles Hoskinson and Miami’s District Commissioner Jeffrey Watson. Haiti, a Western Caribbean country torn by a tragic past, natural disasters, poor leadership and ineffective foreign aid, is not a country …
Nifty News: Pepsi’s debut drop, 1inch expands P4 Metaverse and Tom Brady gifts NFTs
Pepsi and VaynerNFT drop free genesis collection, 1inch and Parts of Four partner to expand the P4 Metaverse, Tom Brady gifts NFTs on Autograph and Pantone releases the Color of the Year 2022 with Tezos Cointelegraph has had a lot …
Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’
Bitcoin’s drop to $42,000 obliterated its open interest and liquidated a large swath of leveraged traders, but analysts say OI resets typically provide great buying opportunities. The weekend is upon us and fear remains the dominant short-term sentiment in the …
Altcoin Roundup: 3 metrics that traders can use to effectively analyze DeFi tokens
DeFi presents a wealth of opportunity for investors, but there are also risks. Here are three metrics investors use to analyze decentralized finance tokens and their associated protocols. Much to the chagrin of cryptocurrency proponents who call for the immediate …
Reelected Miami mayor to take 401k retirement savings partly in Bitcoin
Miami Mayor Francis Suarez also receives a part of his salary in Bitcoin with the help of a third-party payment processor Strike. The long-standing mayor of Miami Francis Suarez has now announced plans to take a part of his 401(k) …
Crypto market eyes recovery ahead of key US inflation data release
The Asia Pacific and European markets slide in caution ahead of key U.S. inflation data. Growing inflation has become a mounting concern for nations around the world, especially the United States. The U.S. has seen one of the sharpest rises …
Bitcoin jumps past $50K as US CPI data shows highest inflation in nearly 40 years
CPI data is in line with forecasts but still shows a huge spike, while the long-term consequences for Bitcoin are far from universally positive. Bitcoin (BTC) surged over $1,000 in seconds on Dec. 10 as the United States Consumer Price …