Author: Yeek.io
Over the last 24 hours, the price of Hbar has been witnessing a strong recovery rally toward $0.26; however, it failed to move above $0.26. As a result, the price of Hbar declined and recorded a drop of nearly 2.6%, touching the low around $0.2431. Additionally, Hedera’s trading volume has dropped 4.93% in the last 24 hours, reaching $890 million. Looking at a longer timeline, Hedera’s price dropped below $0.39 on December 3 and has been decreasing since then. On February 3, the price of HBAR crashed heavily as it dropped below $0.2. Additionally, the recent hack in Bybit pushed…
Bitcoin (BTC) gained 6.8% between March 5 and March 6, briefly reclaiming $92,000. However, the trend reversed after the S&P 500 fell 1.3%, triggered by a warning from Philadelphia Federal Reserve President Patrick Harker about the US economy. Other factors also kept Bitcoin’s price below $95,000, such as rising tensions in Ukraine and uncertainty over potential US digital asset strategic reserves.S&P 500 futures (left) vs. Bitcoin/USD (right). Source: TradingView / CointelegraphPhiladelphia Fed president Harker said there is growing evidence that the consumer sector is “under stress,” especially for lower-income groups, according to YahooFinance. Harker backed a “pragmatist” approach for the…
Este artículo también está disponible en español. Bitcoin took center stage again as Mt. Gox moved 12,000 BTC, valued at over $1 billion, to an unknown wallet. This occurs at a time when Bitcoin is trading at approximately $92,000, a level that has caused market volatility. The actions of the defunct exchange have sparked debate regarding whether this movement indicates imminent creditor repayments or something else entirely. Related Reading Large Bitcoin Transfer Raises Eyebrows Mt. Gox collapsed in 2014 following a major attack, and for years it has been in the process of reimbursing debtors. Regarding the trade, the movement…
Co-founder of BR Capital and blockchain entrepreneur Vlad Martynov joins us for a special episode of the crypto.news show. In part 1, Martynov discusses his role within the Ethereum ecosystem, the future of venture capital in crypto, and how the current system of tokenomics is broken. Martynov also expands upon his role within the decentralized Zuzalu “network state” community, as well as new regulatory climates from the US, Europe, Asia, and beyond. In part 2, Martynov conducts a one-on-one with Ethereum co-founder Vitalik Buterin, in a crypto.news show exclusive. Turn on, tune in, Zuzalu out! You can also listen to…
Opinion by: Arunkumar Krishnakumar, head of institutional growth at Marinade FinanceThe rise of the internet and social media has redefined how brands reach out to billions of users worldwide. There is constant competition for users’ attention, to the extent that the digital ecosystem is meticulously engineered for distraction. Welcome to the attention economy, where engagement metrics are prioritized over meaningful user experiences. People are bombarded with notifications, advertisements and content optimized to capture clicks rather than fulfill needs. A 2020 study by The Economist Intelligence Unit found that 28% of working hours in the US in knowledge work are lost to…
Conveo, a Belgian AI startup, is making strides in the research industry by developing the first AI-powered research coworker, enabling deep customer insights at scale through AI-powered video interviews. The funds will help fuel Conveo’s aggressive push into the US and European markets. CEO and co-founder Dieter De Mesmaeker told TFN, “Straight out of Y Combinator’s 2024 summer batch, the startup raises $5 million in seed funding less than a year since its launch.” The capital will be used mainly to speed up product development and deepen AI-powered research integration into organizations, making real-time customer insights more accessible than ever…
The total crypto market capitalization reached a new all-time high of $3.73 trillion on Dec. 14, 2024, but since then, the metric has dropped 21% to $2.91 trillion. Despite the current drawdown, one analyst believes the metric could reach new highs in Q2 2025.Total market cap and global liquidity index are correlatedMark Quant, a crypto markets researcher, presented a study that indicated that a rising Global Liquidity Index (GLI) could pave the recovery path for the crypto market, potentially pushing the total crypto market cap to new all-time highs above $4 trillion in the second quarter of 2025. The Global Liquidity Index…
Superstate, an on-chain asset management firm, has announced that it has registered its blockchain-based transfer agent, Superstate Services LLC, with the U.S. Securities and Exchange Commission. The registration of the digital transfer agent aligns with Superstate’s goal of using blockchain technology to advance the integration of tokenized securities. Ensuring compliance with existing regulatory frameworks while bringing real-world assets on-chain is Superstate Services LLC’s top priority, the company said in a blog post. The tokenized securities market benefits from transfer agents, whether issuers or markets, in tracking the ownership, issuance, and redemption of shares. With transfer agents in place, issuers can…
White House crypto czar David Sacks has criticized the US government’s sale of confiscated Bitcoin over the years, referring to it as a strategic mistake that has cost taxpayers billions.In a March 6 social media post, Sacks said the US government generated $366 million in proceeds from its Bitcoin (BTC) sales over the past decade. “If the government had held the bitcoin, it would be worth over $17 billion today,” said Sacks. “That’s how much it cost American taxpayers not having a long-term strategy.”Source: David SacksThe folly of treating Bitcoin as a short-term trade was highlighted by Joe Burnett, the head…
The developer of SafeWallet has released a post-mortem report detailing the cybersecurity exploit that led to the $1.4 billion hack against Bybit in February.According to a forensic analysis conducted by SafeWallet and cybersecurity firm Mandiant, the hacking group hijacked a Safe developer’s Amazon Web Services (AWS) session tokens to bypass the multifactor authentication security measures put in place by the firm.SafeWallet’s AWS settings required team members to reauthenticate their AWS session tokens every 12 hours, which prompted the hacking group to attempt a breach by registering a multifactor authentication (MFA) device.Following several failed attempts at registering an MFA device, the…