Bitcoin’s (BTC) Price Under Pressure as Whales Boost Short Positions
TL;DR Bitcoin’s price is under pressure as whales increase their short positions, with the price slipping below $70,000 and raising concerns about potential downward pressure. The
Latest news from: Carrillo J.M.
Carrillo J.M.
Carrillo J.M, is a seasoned writer with over six years of experience, is a passionate advocate for blockchain and cryptocurrencies. He is convinced that these technologies will play a significant role in our future. Currently, José dedicates his time to producing news stories and conducting in-depth analyses of various crypto projects, as well as performing technical analyses of different cryptocurrencies
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Is Metaverse Dying? Alibaba Reduces Operations Amid Restructuring Plans
TL;DR Alibaba announces significant layoffs in its metaverse unit, Yuanjing, as part of a broader restructuring effort, reflecting a trend among tech companies to scale back
Election Odds Tighten in Decentralized Betting Markets Amid Election Uncertainty
TL;DR As the U.S. presidential election approaches, decentralized betting markets show a tightening race between Donald Trump and Kamala Harris, with Harris’s odds surging from 33%
Paolo Ardoino Reveals the Truth About Tether’s Official Blockchain Launch
TL;DR Paolo Ardoino has clarified that Tether is not planning to build an official blockchain, emphasizing the importance of maintaining neutrality and supporting USDT integration across
Paxos Launches USDG Stablecoin Fully Backed by USD Reserves
TL;DR Paxos launched the Global Dollar (USDG) stablecoin, fully backed by USD reserves, in collaboration with Singapore’s DBS Bank, complying with the Monetary Authority of Singapore’s
Tether Reaches New Milestones with $2.5 Billion Q3 Profit and Record USDT Issuance
TL;DR Tether reports a record-breaking $2.5 billion profit for Q3 2024, bringing its cumulative profit for the year to $7.7 billion, driven by growing demand for
Spacecoin XYZ Unveils Plans for a Blockchain Network in Space
TL;DR Spacecoin XYZ plans to launch the first-ever blockchain network in outer space, using a fleet of nanosatellites to establish a decentralized physical infrastructure network (DePIN).
Is This Satoshi Nakamoto? British Businessman Faces Skepticism Amid Unproven Claims
TL;DR British businessman Stephen Mollah claimed to be Bitcoin’s creator, Satoshi Nakamoto, at a press conference in London, coinciding with the 16th anniversary of the Bitcoin
1inch Hit by Supply Chain Attack! Users’ Funds and Data at Risk – Here’s What to Know
TL;DR 1inch has fallen victim to a significant supply chain attack, compromising its website and posing severe risks to users’ funds and personal data. The breach
Base Mainnet Introduces Fault Proofs, Unlocking a New Era of Decentralization
TL;DR Base, Coinbase’s Layer 2 blockchain, introduces fault proofs on its mainnet, marking a significant step towards full decentralization and enhancing network security. Fault proofs allow
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