The rally in cryptocurrency markets started in early January with a spike in heavily-shorted altcoins and Ethereum (ETH) liquid staking derivative (LSD) tokens due to the upcoming network upgrade in March. Soon gains started to show across the board as buyers started to play catch up. The improving macroeconomic conditions, such as reduced inflation and
Month: January 2023
According to a Jan. 31 post by Ethereum Foundation developer Parithosh Jayanthi, the “Zhejiang” public withdrawal testnet will launch on Feb. 1 at 3:00 pm UTC. Six days after Zhejiang, the Shanghai and Capella testnets will also be triggered at epoch 1350. Jayanthi noted: “This is also a great opportunity for all tools to test
Several United States senators have reportedly penned a letter requesting answers from Silvergate Capital — the parent company of Silvergate Bank — related to the collapse of cryptocurrency exchange FTX. According to a Jan. 31 Bloomberg report, U.S. senators including Elizabeth Warren, Roger Marshall and John Kennedy said Silvergate had not fully answered questions in
Even though the legal battle between Ripple and the U.S. Securities and Exchange Commission was not heard yesterday, Ripple, XRP, and the entire crypto industry won an important partial victory in its fight against the SEC’s overreaching regulation by enforcement, thanks to attorney John E. Deaton. In yesterday’s appeal hearing, the SEC sought an affirmation
Cybersecurity researchers have identified a new malware that is said to be targeted at Ukraine. The malicious software, spotted by cybersecurity firm ESET, is intended to overwrite files used by Microsoft’s Windows operating system. The security researchers blamed the attack on a group dubbed “Sandworm” that has been repeatedly accused of conducting cyberattacks. The hacking
Fire-Boltt Cobra rugged outdoor smartwatch has been launched by the company in India. The smartwatch sports a 1.78-inch (368×448 pixels) AMOLED screen with a 60Hz refresh rate. It features Bluetooth calling, over 120 sports modes, and up to 15 days of battery life. The Fire-Boltt Cobra also offers health monitoring via SpO2 and heart rate
We can’t blame Elon Musk for dreaming of moving to Mars — the human race has always been curious about finding a better life somewhere else. But not everyone in crypto is looking up to the stars to find new worlds; others stay on earth and attempt to build a new micronation, or a crypto
Marvel Snap, the popular online collectible card battle game, has been a phenomenon since its launch in October last year. Fans of the game, which lets you battle your deck of cards featuring popular Marvel heroes and villains against other players, have been clamouring for a PvP mode where they can battle their friends, and the
Traffic passes around the Old Street roundabout, also referred to as “Silicon Roundabout,” in the area known as “Tech City” in London, U.K. Chris Ratcliffe | Bloomberg | Getty Images Tech Nation, the U.K. startup accelerator program, is set to close its doors after failing to renew its funding from the government, the organization said
The highly anticipated iPhone 15 series of smartphones is expected to launch later this year. The lineup is expected to feature the base iPhone 15 and iPhone 15 Plus variants,as well as the high-end iPhone 15 Pro and iPhone 15 Pro Max — or iPhone 15 Ultra. From haptic buttons to RAM expansion, a number
TikTok Chief Executive Shou Zi Chew will appear before the US Energy and Commerce Committee in March, as lawmakers scrutinize the Chinese-owned video-sharing app. Chew will testify before the committee on March 23, which will be his first appearance before a congressional committee, said Representative Cathy McMorris Rodgers, the Republican chair of the panel, in
Do you know where your secrets are? If not, I can tell you: you are not alone. Hundreds of CISOs, CSOs, and security leaders, whether from small or large companies, don’t know either. No matter the organization’s size, the certifications, tools, people, and processes: secrets are not visible in 99% of cases. It might sound
Bitcoin fell below $23,000 on Jan. 31, following a recent move to a five-month high over the weekend. Market volatility has since increased, as traders prepare for a big few days of economic data from the United States. The conference board will release its consumer confidence report later today, with the Federal Reserve holding its
Bitcoin (BTC) swapped bullish gains for chop into Jan. 31 as the end of the month saw nervous price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $46 million of longs liquidated Data from Cointelegraph Markets Pro and TradingView tracked a less confident BTC/USD as it briefly wicked to just above $22,500 on Bitstamp overnight.
Blockchain-powered fantasy sports firm Sorare has sealed a deal with the English Premier League to mint Ethereum-based digital player cards on its platform. Sorare has driven an interesting use case for Ethereum-based fantasy sports and digital card trading in recent years, offering fans the ability to mint, collect and trade various player cards with other
Authorities in the Hainan province in southern China have vowed to increase oversight on the nonfungible token (NFT) space to “promote the healthy development” of the sector and to stomp out fraud and other associated risks. Separately, the People’s Bank of China (PBoC) has announced that it is working on new features for its central
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