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High-speed oracles disrupting $50B finance data industry — Web3 Exec


Michael James, the head of institutional business development at Douro Labs — the company that developed the Pyth high-speed blockchain oracle network — told Cointelegraph that oracle networks like Pyth are disrupting the $50 billion financial data industry that provides critical price...

High-speed oracles disrupting $50B finance data industry — Web3 Exec


Michael James, the head of institutional business development at Douro Labs — the company that developed the Pyth high-speed blockchain oracle network — told Cointelegraph that oracle networks like Pyth are disrupting the $50 billion financial data industry that provides critical price...

High-speed oracles disrupting $50B finance data industry — Web3 Exec


Michael James, the head of institutional business development at Douro Labs — the company that developed the Pyth high-speed blockchain oracle network — told Cointelegraph that oracle networks like Pyth are disrupting the $50 billion financial data industry that provides critical price...

Bitfarms clocks $36M net loss amid shift from Bitcoin mining to AI


Bitfarms clocked a first-quarter net loss of $36 million, widening from a $6 million loss in the same period a year earlier, as the Bitcoin miner pivots from mining to high-performance computing for artificial intelligence applications. The miner posted $67 million in sales for the quarter...

DeFi lender Aave reaches $40B in value locked onchain


Aave, a decentralized finance (DeFi) protocol, has reached a new record of funds onchain, according to data from DefiLlama.In an X post, Aave said it topped $40.3 billion in total value locked (TVL) on May 12. Onchain data reveals that Aave v3, the latest version of the protocol,...

Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high


Key points:Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news.Nearby order book liquidity forms potential targets for traders, which now include $102,000.A classic moving average retest suggests that a new all-time high should result.Bitcoin...

Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high


Key points:Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news.Nearby order book liquidity forms potential targets for traders, which now include $102,000.A classic moving average retest suggests that a new all-time high should result.Bitcoin...

Hyperliquid Hits $5.6B Open Interest High Amid Hyperbridge Debut


Layerzero has launched Hyperbridge, a new interoperability solution connecting external blockchain assets to Hyperliquid’s decentralized trading ecosystem, which recently saw its open interest hit a record $5.6 billion. Cross-Chain Trading Boosted as Layerzero Rolls Out Hyperbridge for Hyperliquid...

How high can Bitcoin price go?


Key takeaways:Bitcoin was up 4.3% on May 9, after breaking $100,000  for the first time since February.BTC price gains trigger $800 million in short liquidations, the largest since 2021.A bull flag on the weekly chart suggests a $182,200 target, with analysts predicting Bitcoin’s price...

Germany seizes $38M in crypto from Bybit hack-linked eXch exchange


German law enforcement seized 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform allegedly used to launder funds stolen after Bybit’s record-breaking $1.4 billion hack.The seizure, announced on May 9 by Germany’s Federal Criminal Police Office (BKA)...

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