Cyptocurrency
Kraken Daily Market Report for May 22 2022
Overview Daily spot trading volume: $320.1 million, 30 day average spot: $1.03 billion. Total futures notional: $119.8 million. The top five traded coins were, respectively, Bitcoin (+3.0%), Tether (+0%), Ethereum…
Targeted phishing scam nets $438K in crypto and NFTs from hacked Beeple account
Digital artist and popular non-fungible token (NFT) creator Mike Winkelmann, more commonly known as Beeple, had his Twitter account hacked on Sunday, May 22 as part of a phishing scam.Harry…
Interest in Ethereum Name Service reaching ‘critical mass’
The Ethereum Name Service is having its best month on record for new registrations, account renewals, and revenue thanks to community awareness and low gas fees.Lead developer at Ethereum Name…
Top 5 cryptocurrencies to watch this week: BTC, BNB, XMR, ETC, MANA
The Dow Jones Industrial Average has declined for eight consecutive weeks, the first such losing streak since 1923. On May 20, the S&P 500 briefly fell into bear market territory,…
What is total value locked (TVL) in crypto and why does it matter?
In 2022, Ethereum appeared as the largest network by DeFi TVL, accounting for over half of the total DeFi volume worldwide. To give some perspective, the Ethereum DeFi network includes…
Dollar Cost Averaging or Lump-sum: Which Bitcoin strategy works best regardless of price?
Bitcoin (BTC) has declined by more than 55% six months after it reached its record high of $69,000 in November 2021. The massive drop has left investors in a predicament…
Cointelegraph Store: Introducing Bitcoin Pizza Day merch for crypto OGs
Twelve years ago today, on May 22, 2010, programmer and early Bitcoin (BTC) miner Laszlo Hanyecz made history when he traded 10,000 BTC for two large pizzas. It was the…
Terra’s meltdown highlights benefits of CEX risk-management systems
The collapse of Terra’s ecosystem — namely, native coin LUNA and algorithmic stablecoin TerraUSD (UST) — rocked the wider blockchain and cryptocurrency ecosystem. Not only did Terra-ecosystem tokens (such as…
6 Questions for Sonali Giovino of Defiyield
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!This week,…
NFTs: Empowering artists and charities to embrace the digital movement
Depending who you ask, NFTs are either a new and exciting way to invest, or a bearish, overhyped sector. Regardless, journalists, investors and collectors have paid significant attention to the…
Bitcoin targets record 8th weekly red candle while BTC price limits weekend losses
Bitcoin (BTC) gave bears little joy over the weekend as the May 22 weekly close looked set to revolve around $30,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWaiting for Bitcoin to…
Bitcoin Pizza Day rewind: A homage to weird and wonderful BTC purchases
Happy Bitcoin Pizza Day! Before you dial for a Margherita to commemorate the world’s first real-world Bitcoin transaction, here’s a slice of trivia:What do a family holiday to Japan, a…
Bitcoin stands apart from other crypto, and what that means for US public policy
United States President Joe Biden’s executive order on digital assets has kickstarted an interagency mission to support financial innovation while protecting American consumers and interests. While many industry leaders welcome…
Kraken Daily Market Report for May 21 2022
Overview Daily spot trading volume: $207.6 million, 30 day average spot: $1.04 billion. Total futures notional: $75.9 million. The top five traded coins were, respectively, Bitcoin (+0.8%), Tether (+0%), Ethereum…
The truth behind the misconceptions holding liquid staking back
Blockchains have relied on proof-of-work (PoW) validation since their inception. Yet the PoW consensus proved to be unsustainable with its high energy usage and its need for fast, powerful hardware…
Why is Ethereum used for NFTs?
When choosing any blockchain for minting NFTs, such as Ethereum for NFT development, ensure the robustness of its smart contracts, check the blockchain’s fee structure, security measures and transaction speed,…
Crypto gaming and the monkey run: How we should build the future of GameFi
You’ve seen it before. An amazingly talented gaming founder teams up with a top-tier studio, promising to create a wondrous game experience built on the industry’s most powerful engines. But…
Do Kwon faces legal trouble in South Korea, China remains Bitcoin mining powerhouse, and Ethereum 2.0 eyes ‘huge testing milestone’: Hodler’s Digest, May 15-21
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions…
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