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Australian cryptocurrency exchange Digital Surge appears to have narrowly avoided collapse, despite having millions of dollars in digital assets tied up in the now-bankrupt FTX crypto exchange.On Jan. 24 local time, Digital Surge creditors approved a five-year bailout plan, which aims to eventually refund its 22,545 customers who had their
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The popular messaging app Telegram announced on Oct. 26 the official launch of its new marketplace built on the Telegram Open Network (TON) blockchain. The marketplace will serve as an auction platform on which rare Telegram handles will be up for grabs.The idea was first mentioned back in August on app
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Cash-margined contracts are relatively concise and not mathematically convex, making them easier for retail investors to understand and easier for exchanges to liquidate, one volatility trader said. Source
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The David Bowie estate partnered with top NFT marketplace OpenSea to sell “Bowie on the Blockchain,” a 15-piece NFT collection to commemorate the British pop legend and the colorful motifs used throughout his career. The collection, initially listed on the marketplace on September 30, features artwork from nine artists across
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The investor-turned-DJ told CoinDesk that he was running low on liquidity and wanted to spark movement during crypto winter. Original Source
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The bitcoin mining difficulty ribbon, comprising short and long-duration simple moving averages on the mining difficulty, has compressed for the first time in over a year, indicating miner capitulation. The previous bear markets, including the one seen in 2014, ended with the ribbon compression, data provided by analytics firm Glassnode
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The Tuesday sale was the fifth-largest in the collection’s history. Source
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Bitcoin (BTC) is facing a rare chart phenomenon that has historically resulted in 50% price drawdowns, new data shows.In a tweet on April 25, popular account Nunya Bizniz noted a fresh warning sign from two key moving averages on BTC/USD.Analyst: BTC could spend 6 months recovering from dipFor only the
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On April 7th and 8th, 2022, approximately five bitcoin block rewards mined in 2009 were spent in a concession of transfers. The last time a 2009 block was spent was 1.10 years ago on May 20, 2020. The 250 bitcoin from the latest 2009 spends sat idle for 12.4 years,
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Recently launched nonfungible token (NFT project), “Rare Bears,” was hit with an attack, after a hacker posted a phishing link in the project‘s Discord channel, stealing nearly $800,000 in NFTs.Analysis from blockchain security firm Peckshield detailed that the attacker was able to steal 179 NFTs including “Rare Bears” and other
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