Shibarium Launch Proves Positive As Shiba Inu-Based BONE Celebrates New Milestone
Following its temporary shutdown, Shibarium has made a comeback and relaunched. This release of the layer 2 blockchain has pushed the BONE
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Proves
Chainlink ‘Proof of Reserve’ Proves Little Beyond Data Going In, Coming Out
Archblock (previoustly TrustToken), the company behind the U.S. dollar-backed TrueUSD (TUSD) stablecoin, uses Chainlink to prove that each of its TUSD tokens is backed by a dollar in reserves. Instead of self-attesting to its reserves, it reports them to Chainlink’s oracles via The Network Firm, a third-party accountant. Source
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Why the collapse of CeFi institutions proves crypto’s core pillars
The crypto space endured a series of unfortunate events in 2022, beginning with the Terra debacle and ending with FTX’s chaotic death spiral. These events heightened consumer skepticism and hesitancy toward crypto platforms; yet, the industry is holding steady today. The market is even trending upwards at the time of writing. Crypto’s
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The ‘Skull of Satoshi’ Proves Bitcoin Mining Discourse Isn’t Dead
Without getting into too much detail, the conversation about moving Bitcoin from proof-of-work to something else, like proof-of-stake (PoS), which doesn’t use much energy, is generally a nonstarter. Bitcoin will almost certainly never move away from proof-of-work. That isn’t obvious from the outside, so that’s exactly where Von Wong began
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Bitcoin Bulls Get Rejected As $16,700 Proves Too Strong; Here Is What To Expect
BTC’s price is rejected from breaking above $16,700 as this region is too strong for bulls. BTC’s price remains bearish in the high timeframe as most traders and investors remain cautious. BTC’s price bounces from a low of $15,500 on the daily timeframe as the price reclaims $16,500 as price struggles to
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Bitcoin (Magic Internet Money!) Again Proves Less Volatile Than Stocks
What’s more, the S&P 500 got whipped around even more than bitcoin (BTC) – you know, the famously volatile Magic Internet Money. The Fed press release came out at 2 p.m. ET. The S&P 500’s gain peaked at 0.7% about a half hour later, but it ended the day down
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Bitcoin Miners Start Selling Their Holdings As a BTC Bottom Proves Elusive
Key takeaways: Bitcoin miners sold 4,411 BTC in May as compared to 1,115 in April. Will Clemente of Blockware Intelligence has identified that Bitcoin miners are going offline as energy costs pressure margins. Veteran Bitcoin analyst, Will Woo, has pointed out that the typical signs of a BTC bottom are yet to show. The
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January Proves Turbulent For Investors But NFT And GameFi Seems To Be Eating Good
NFTs existed prior to 2021, but it was last year that digital art exploded in the blockchain space, and digital artists shone in the NFT spotlight. While the crypto world became an exciting place to be, a new generation of NFT artists entered the world’s largest artistic movement to date. Crypto
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DeFi proves that charities could be doing more with their money
Most of the stories coming out of the crypto industry this past year have centered around enormous numbers flowing in and out of the space. From stablecoins topping over $100 billion, with Circle raising $440 million in private investment in the spring, to decentralized finance (DeFi) projects like Solana completing a
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Inflation winds stiffen as Bitcoin ballast on balance sheets proves its value
As corporate finance leaders prepare to set sail into the post-COVID-19 world amid inflation storm warnings, an increasing number of corporations are taking stock of their treasury reserve holdings. If the worst happens, and the dollar and other reserve currencies weaken, are they sure that all their balance-sheet cash is
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