Crypto markets to see ‘explosive volatility’ soon: Arcane Research
Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term.
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Bitcoin Falls Under $10,700 as Top Cryptos See Mixed Movements
Monday, June 17 — Most of the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as bitcoin (BTC) trades under the $10,700 mark.Market visualization courtesy of Coin360Bitcoin is currently down over 4.65% on the day, trading around $10,644 at press time, according to Coin360. Looking at its weekly chart, the…
Manta aims to bring a private decentralized exchange to Polkadot with $1.1M raise
Manta Network has closed a $1.1 million funding round to create a fully private decentralized exchange on Polkadot.Announced on Tuesday, the round was led by Polychain Capital and joined by Hypersphere Ventures, Three Arrows Capital, Defiance Capital, Multicoin Capital, Alameda Research, BTC12 Capital, Genblock Capital, Rarestone Capital and AU21 Capital.Manta wants to create an automated…
Brave Browser Delivers on Promise, Files GDPR Complaint Against Google
Earlier today, March 16, Brave filed a formal complaint against Google with the lead General Data Protection Regulation (GDPR) enforcer in Europe.In a February Cointelegraph interview, Dr. Johnny Ryan, Brave’s chief policy and industry relations officer, explained that Google is abusing its power by sharing user data collected by dozens of its distinct services, creating…
Sam Bankman-Fried’s legal team turns over docs related to NYT story, requests they be sealed
Lawyers claimed there was a “need to avoid” the public dissemination of documents Sam Bankman-Fried had shown a New York Times reporter that led to a story on Caroline Ellison. 223 Total views 3 Total shares Lawyers representing former FTX CEO Sam Bankman-Fried, also known as ‘“SBF,” have requested the court seal documents related to…
Akoin Co-Founder Explains How $6B Futuristic Akon City Will Work
Akoin president Jon Karas says Akon’s crypto city could be the proving ground African economies need. The businessman behind Akon City, the 2,000-acre crypto project in Senegal ‘powered by’ Akoin tokens, has explained how the futuristic $6 billion city will work.Co-founded with singer Akon, the whitepaper for the Akoin cryptocurrency published in March, says it…
US miner raises $105M to recycle waste coal into crypto
The Pennsylvania-based Stronghold Digital Mining has announced the completion of two private equity securities raises worth $105 million.According to an announcement shared with Cointelegraph, the firm’s first power generation facility, the Scrubgrass Generation Plant in Venango County, converts waste coal into energy on a scale equivalent to “a large-scale hydropower plant” that is then used…
Ethereum Merge to ‘swamp’ other coins with miners — Mining CEO
The Ethereum Merge could force many crypto miners to give up and abandon their expensive mining rigs amid a race to the bottom for profits. 6716 Total views 22 Total shares The Ethereum network’s transition from a proof-of-work (PoW) consensus is likely to flood the crypto industry with out-of-work Ether (ETH) miners, causing severe disruption to…
Animoca becomes largest validator of Telegram’s TON blockchain
Animoca Brands invests in Telegram’s TON blockchain protocol and becomes its largest validator as it eyes GameFi development on the platform. 384 Total views 13 Total shares Web3 investment firm Animoca Brands is set to become the largest validator of Telegram’s TON (The Open Network) blockchain and plans to deliver blockchain-based games to the messaging