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Market Wrap: Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy
26.8.2022
The first cryptocurrency dipped 4.3% to around $20,549, its lowest point since July 16, after the head of the U.S. central bank said the Fed would maintain its restrictive monetary course. This article originally appeared in Market Wrap, CoinDesk’s daily newsletter diving into what happened...
Bitcoin Tumbles Below $21K After Powell’s Hawkish Remarks
26.8.2022
The Federal Reserve Chairman said households and businesses should prepare for pain as the central bank works to bring down inflation
Tezos (XTZ) Consolidates After Failing to Turn Positive!
26.8.2022
The change in a scenario within a short interval has affected the positive outlook of XTZ in recent weeks. From a probable breakout towards 200 EMA, the token has succumbed significantly below 100 EMA. Tezos’s fundamental grounds are stronger as its blockchain can support dApps, DeFi,...
Time to Go All Guns Blazing for Faster ETH 2.0 After the Mega ‘Merge’
26.8.2022
The Merge upgrade is joining the execution layer (mainnet) with the proof of stake consensus layer (Beacon Chain), which eliminates energy-intensive mining for sustainable crypto infrastructure growth. Now the ETH holders can stake their holding to become validators instead of miners. Investors...
Lower costs, higher speeds after Ethereum’s Merge? Don’t count on it
25.8.2022
There’s a lot of hype surrounding Ethereum’s Merge. But in reality, most users aren’t going to notice much change
Tornado Cash Saga Fuels Protest After Developer's Arrest
25.8.2022
Open source development, free speech and privacy are all under fire with the arrest of an alleged Tornado Cash developer. Plus: interviews from the #FreeAlexPertsev protest
'Atozy you've won' — Bitboy drops lawsuit after $200K defense raised
25.8.2022
“So we are gonna drop the lawsuit, 100% and I'm sorry this became public,” said Ben Armstrong
It's a go! Uniswap Foundation becomes reality after 86M votes in favor
25.8.2022
The foundation aims to streamline Uniswap's grants program and "reinvigorate governance."
Destiny 2 Disables Heavy Grenade Launchers After Glitch Makes Them OP
25.8.2022
Season of Plunder is off to a fun but rocky start, and there’s no better example of that then Destiny 2's heavy grenade launchers. Almost all of them have been temporarily disabled just a day into the new update after a glitch was discovered that was making them output more than double their...
Celsius Countersues Keyfi Founder, Company Claims Millions Were Stolen From Crypto Lender’s Wallets
24.8.2022
Roughly seven weeks after Keyfi founder Jason Stone filed a lawsuit against the crypto lender Celsius, the company has filed a countersuit against Stone claiming that he stole millions from Celsius wallets and allegedly “pocketed seven-figure returns.” Stone’s attorney Kyle...
Waves Undergo Pump and Dump After Growth Over the Years!
24.8.2022
2022 has been a crazy year for Waves blockchain and its cryptocurrency; when a majority of cryptocurrencies were under strong selling pressure since hitting their peaks in November of 2021, Waves maintained consistent growth and went almost double their November peak in March of 2022. The outlook...
Anomalous Ether Futures Pricing Condition Is Likely to Revert After the Merge
24.8.2022
"The current state of backwardation reflects the general market view that ETH will fall following the Merge, but this could be short-lived," one observer said
Dead Island 2 Is Finally Coming After A Decade Of Development Hell
23.8.2022
Eight years later, Dead Island 2 has made its triumphant return to Gamescom. The beleaguered zombie RPG showcased a fancy new CGI trailer and a sizzle reel of characters smashing zombies like Gallagher going to town on a pallet of rotting watermelons. It comes out on February 3, 2023, almost...
What Is The Merge? A Brief Explanation of Ethereum’s Transition From Proof-of-Work to Proof-of-Stake
23.8.2022
In 23 days the Ethereum network will transition to a proof-of-stake (PoS) consensus algorithm after operating as a proof-of-work (PoW) blockchain since July 30, 2015. While the change may not mean much to ethereum users and traders, what’s changing under the hood is a very big deal....
Steam Players Pay Their Respects In Reviews Section After Dev Passes Away
23.8.2022
Rob Hale, the solo developer behind twin-stick shooter series Waves, passed away earlier this month. Fans of the series have since flooded the series’ reviews sections with a community-wide outpouring of support, condolences, and other messages praising Hale’s work.Read more
Also-Ran EOS Token Now Hottest Cryptocurrency After Switch to Antelope
23.8.2022
The token’s 28% price surge over the past seven days follows an announcement that Antelope will be used as the supporting protocol for EOSIO-based blockchains
Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Following Monday’s Declines
23.8.2022
Crypto markets were back in the green on Tuesday, as bearish pressure marginally eased during today’s session. Ethereum rallied back above $1,600 earlier in the day, less than 24 hours after nearing a breakout below $1,500. Bitcoin was also higher, moving past the $21,000 level. Bitcoin...
Crypto Markets Stabilize After Steep Weekly Declines, Traders Show Near-Term Bearish Bias
23.8.2022
Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against ‘Unacceptable Depreciation of the Cedi’
23.8.2022
After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In addition to the rate hike, the central bank said it will gradually raise banks’ primary reserve requirements. One expert has said...
Valve Bans Steam Dev From Forums After 'Abusive' Behavior
22.8.2022
Facing criticism of your own creative work can be challenging. I should know. But when responding to criticism involves, well, punching down on marginalized communities, or going on random, unrelated, political tirades that recklessly bash people trying to stay healthy and safe during on-going...