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Litecoin on the Brink of Third Halving: Record Hashrate and Profitable Mining Despite 17% Value Dip
17.7.2023
In a mere fortnight, the Litecoin network is poised for its third reward halving event, a seismic shift that will slash the LTC miners’ block rewards from 12.5 LTC per block down to 6.25 LTC. Data illustrates an intensified dedication of hashrate to the Litecoin blockchain as the critical...
SEC's Gensler Says AI Could Play Big Role in Future Financial Crises
17.7.2023
Artificial intelligence “may heighten financial fragility as it could promote herding,” the regulator said in a speech
Ron DeSantis Promises to Ban CBDCs if Elected President
17.7.2023
DeSantis in March signed a bill as Florida’s governor to prohibit the use of CBDC’s within his state
Binance Slashes Worker Benefits as Profit Falls: WSJ
17.7.2023
Binance has stopped offering certain benefits to its employees on June 19 as the company’s profits continue to decline, according to former employees and internal company messages viewed by the Wall Street Journal
BlockFi Bet Big on FTX and Alameda Even After Seeing Infamous Balance Sheet, Creditors Say
17.7.2023
The crypto lender saw “the exact same balance sheet” later published by CoinDesk but still put clients' money in Sam Bankman-Fried’s companies, a scathing new report claims
Hector Network Votes to Liquidate $16M Treasury Following Multichain, Fantom Losses
17.7.2023
Hector Network's HEC and TOR tokens, and its treasury, suffered major losses related to Multichain. The project is based on Fantom
Chainlink's Interoperability Protocol, Connecting Blockchains to ‘Bank Chains,’ Goes Live
17.7.2023
This is the launch of the standard that could connect all of the blockchains and all of the bank chains, Sergey Nazarov said in an interview with CoinDesk
Binance US Records Massive Discrepancies as USD Exchange Rates Plummet by 16% in July
17.7.2023
As of July 17, 2023, fresh data indicates a concerning rise in discrepancies between Binance US’ exchange rates and the global average. Initially, at a mere 2% to 5% in late June, the disparity sharply soared to an astonishing 16% by mid-July. Even though bitcoin lingered just above $30,000...
Celsius Moves $59M of Altcoins in Possible Prelude to Converting Into BTC, ETH
17.7.2023
The U.S. bankruptcy court granted the crypto lender permission to sell its altcoin holdings for BTC and ETH starting in July
Lightning Network Bitcoin Deposits Now Live on Binance
17.7.2023
Bitcoin holders that want to deposit their assets to crypto exchange Binance using the lightning network, a bitcoin scaling solution
A New Uniswap Feature Aims to Eliminate DeFi Pain Points
17.7.2023
UniswapX, announced at EthCC in Paris, offers better prices by aggregating liquidity sources, gas-free swaps, and protection against MEV
=nil; Foundation and Semiconductor Startup Partner to Collaborate on ZK Proofs Software, Hardware
17.7.2023
The effort will accelerate the deployment of zero-knowledge proofs, one of the hottest trends in blockchain technology, they said
Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate, Following Recent Gains
17.7.2023
Bitcoin started the week trading around the $30,000 mark, as the cryptocurrency market continued to consolidate following last week’s gains. The global market was down 1.19% at the time of writing, as sentiment remains uncertain following a weekend of profit taking. Ethereum was also down...
First Mover Americas: BNB Is Being Heavily Shorted
17.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
The golden crossover in XRP will also pump TOADS to new 2023 highs
17.7.2023
In the crypto market, the “golden crossover” is a powerful indicator that signals a bullish market trend when a shorter-term moving average crosses over a longer-term one. Ripple (XRP), a cryptocurrency asset that transfers funds efficiently across borders, has experienced a golden...
Crypto Crime Plummets in 2023, Down 65% Overall, Chainalysis Says
17.7.2023
Cryptocurrency-related crime is down significantly this year, according to data by Chainalysis. Specifically, the blockchain analytics firm explained that crypto inflows to known illicit entities are down 65% compared to the previous year while inflows to risky entities are down 42%. Crypto Crime...
A Staggering Bull Run for Arbitrum (ARB), Monero (XMR), and DigiToads (TOADS) in 2023
17.7.2023
Investors in crypto are always looking to zero in on the next big opportunity as early as possible. Three cryptocurrencies that have shown tremendous potential for a bullish run in 2023 include Arbitrum (ARB), Monero (XMR), and DigiToads (TOADS). Among these, DigiToads stands out as a memecoin with...
Justbit: Why Many Players Win or Lose at the Casino and How RTP Works
17.7.2023
The surge in online gaming platforms has marked a transformative era in the casino industry, providing gaming enthusiasts with the opportunity to experience their favorite games from the comfort of their homes. Amidst this digital revolution, JustBit emerges as a distinctive platform that...
EU's Data Act Final Draft Still Contains Controversial Smart Contract Kill Switch
17.7.2023
Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the kill-switch, according to a final version of the text seen by CoinDesk
SEC Launches Review of Latest Bitcoin ETF Applications
17.7.2023
The U.S. Securities and Exchange Commission (SEC) has launched its review of the latest bitcoin exchange-traded-fund (ETF) applications