ArkotNews

Fabian Vogelsteller is launching his new project, a layer 1 blockchain “LUKSO,” and validators will be able to join the network through the Genesis Validator Smart Contract Deposit.

Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.

The platform, now in public beta, allows groups of people to share non-fungible tokens (NFT) for expanded access and utility.

Washington’s “war on crypto” continues to occupy minds in the crypto industry. This week, CoinDesk Chief Content Officer Michael Casey tackles the apparent rise in hostility from U.S. regulators from a different angle: revenge.

Among the positions available are digital pound security architect and digital pound solutions architect.

Longer-term narratives matter, argues Noelle Acheson, but they don’t set the price. That is set by short-term sentiment, which is both contagious and fickle.

Jobless claims beat expectations by an even wider margin than in the initial report, after a revision Thursday. Crypto investors largely ignored the change, although the increasing jobless figures bode well for the market.

Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, and it had more than 200 employees. Behind the scenes, though, staff took paid trips to music festivals, bosses fought, dismissals reportedly occurred on a whim, and the smell of cannabis permeated the office.

The exchange will close all of its customers' open derivatives positions by April 21.

Liquidations refer to the forced closure of bullish long and bearish short positions in leveraged perpetual futures markets. They often exacerbate price moves.