Highly skilled crypto users have reportedly lost an estimated $10 million in stolen funds since December, MyCrypto founder Taylor Monahan said.
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Crypto Investors Unmoved by Revised Jobless Data
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.
Bitcoin Shorts Take on 87% of Futures Liquidations as BTC Crosses $30K
Over $145 million in shorts against bitcoin prices were liquidated since early Asian morning hours on Tuesday.
Avalanche’s Cortina Upgrade Goes Live on Protocol’s Testnet; AVAX Token Rallies
The change improves support for exchanges and may bring faster development, Avalanche says.
Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried
A new 45-page report detailing accounting failures at the failed crypto exchange says that at one point employees were instructed by an unnamed higher-up to “come up with some numbers? Idk.â€
Ether’s Post-Shanghai Rally Knocks Bitcoin Dominance From 21-Month High
ETH’s share of the total crypto market capitalization rose to a one-month high, according to TradingView data.
Intel Discontinues Bitcoin Mining Chip Series
The production of the so-called Blocksale chips was announced about a year ago.
Bitcoin’s 'Store-of-Value' Narrative Is Real but Not a Price Mover
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.
The Future of Web3 Animation
In a CoinDesk interview, Colin Brady, chief creative officer at AMGI Studios, talks about how Web3 and AI will change movie-making, and why big studios fail to adopt new technologies.
Former BitMEX CEO Arthur Hayes Calls His Maelstrom Capital a ‘Very Patient’ Fund
Hayes wants Maelstrom to outperform bitcoin and ether, which won’t be easy.