Coinbase CEO Announces 18% Layoff Amid Impending Recession - BitcoinEthereumNews.com

TeknolohiyaCoinbase CEO Anounces 18% Layoff Amid Impending Recession06 / 14 / 2022Balita ng Ethereum ng Bitcoin  Brian Armstrong – CEO of Coinbase – today anounced his decision to reduce the size of the company‘s team by 18%. Every Coinbase employee has now been issued a letter informing them of whether they’ve been laid off.  The Bear Market Strikes  Ayon sa isang blog post from Armstrong on Tuesday, the CEO explained that the recent macroeconomic downturn has forced his company to consider cutting its costs. “We appear to be entering a recession after a 10+ year economic boom,” he predicted.  Mas maaga sa buwang ito, data from the Atlanta Federal Reserves GDP tracker showed that the U.S. may be on the brink of recession – defined as two consecutive quarters of negative GDP growth. Meanwhile, the market is bracing for further impact from incoming pagtaas ng rate ng interes from the Federal Reserve, which may come faster than expected in response to red-hot inflation.  These pressures have spurred investors to abandon their positions in perceived “risk assets”, such as tech stocks and cryptocurrency. That‘s bad news for crypto-centric companies like Coinbase, which tend to perform in tandem with the digital asset market. At present, the company’s

2022-06-14Industriya

Tron DAO Reserve Buys $50M BTC, TRX

Tron DAO Reserve announced through Twitter that it bought $50 million worth of Bitcoin and Tron (TRX) to “safeguard the overall blockchain industry and crypto market.”  Tron DAO Reserve manages algorithmic stablecoin USDD, which went live on the blockchain on May 5. Earlier in June, Tron announced that it would significantly increase the amount of capital backing USDD after witnessing the collapse of Terras algorithmic stablecoin in May, according to The Block.  The Block reported that Tron DAO Reserve has created a reserve comprising cryptocurrencies and other stablecoins amassing to overcollateralise USDD.  The reserve has been guaranteed to be maintained at a minimum of 130% of the total amount of USDD in issuance.  Tron has already begun publishing real-time updates on the collateral ratio on the Tron DAO Reserve website since June 5. The ratio on June 12 was almost 193%.  Since its launch, the USDD decentralised stablecoin was pegged to the US dollar at a ratio of 1:1 through the Tron DAO Reserve in cooperation with top blockchain institutions.  The USDD protocol runs on the TRON network with an initial total supply of 100 million. It has been launched on decentralised exchanges such as Sunswap, Sun.io, Curve, Uniswap, Ellipsis, Pancakeswap, and Kyberswap.  In addition, USDD connects

2022-06-14Malalim na Pagsisid

Binance.US Sued for Selling Unregistered LUNA Securities

Binance.US has been sued in a class-action lawsuit for selling unregistered security tokens from the Terra blockchain protocol.  The class-action lawsuit was filed in the Northern District of California, dragging the exchange for misleading investors with the sale of LUNA and UST tokens, both of whose collapse led to the loss of over $40 billion of investors money globally.  The lawsuit, filed by the plaintiffs, represented by law firms Roche Freedman and Dontzin Nagy & Fleissig, blames Binance.USs business model “premised on illegally enabling the sale of unregistered securities to as many US investors as possible, as often as possible.”  The Plaintiffs are asking for a Jury trial where it deems necessary as the exchange was also accused of promoting the airdrops of tokens in a bid to facilitate trading volume.  Since the collapse of UST and LUNA, several groups of investors, including those from South Korea, have been plotting lawsuits as they explore avenues to cut back on their losses, despite the emergence of Luna 2.0.   In a bid to aid those seeking to explore legal options in pursuit of all parties they deemed guilty in the Terra mishap, Kyle Roche from Roche Freedman posted an update back in May, which seems to

2022-06-14Malalim na Pagsisid

Bitcoin Falls to the Lowest Level since Dec 2020

Bitcoin has fallen to its lowest level for a year and a half, trading around $25,344 at the time of writing, according to data from CoinGecko.  Prior to that, the cryptocurrency had fallen even further to $24,903.49 - levels not seen since December 2020.  The dip in the value of Bitcoin shows a loss of more than 62.9% since its all-time high set last November at $69,044.77.  The overall estimated current market value of the crypto market is around $1.07 trillion, following a loss of $2 trillion eight months ago.  The crypto market is likely to remain bearish as investors fear that the Federal Reserve (Fed) will be more aggressive with its monetary policy, aggravating the blow from last month when the Fed raised interest rates. Investors worry that the central bank will raise its rates sharply to fight inflation - which is at its highest in 40 years.   The fall of bitcoin has also affected other digital currencies. Ethereum, the second cryptocurrency by market value, has fallen to around $1,320, far from the $4,878.26 level from November. The digital currency has lost 72.6% of its value since November 10.  Meanwhile, two up-and-coming decentralized finance ecosystem tokens Cardano and Solana were down 9.4% and 12.7%

2022-06-14Malalim na Pagsisid

Nakikita ng Tagapagtatag ng BitMex ang Pagpatay Kung Nilabag ng Bitcoin, Ethereum ang Mga Antas na Ito - BitcoinEthereumNews.com

Bitcoin EthereumNakikita ng Tagapagtatag ng BitMex ang Pagpatay Kung Lumabag ang Bitcoin, Ethereum sa Mga Antas na Ito06 / 14 / 2022Balita ng Ethereum ng Bitcoin  Ang tagapagtatag ng BitMex na si Arthur Hayes ay nagsabi na ang Bitcoin at Ethereum ay maaaring ihanda para sa matinding pagkalugi kung bumaba ang mga ito sa isang partikular na antas.  Para sa Bitcoin, nakakakita si Hayes ng pagbaba sa ibaba ng $20,000 na nagdudulot ng spot-selling cascade. Nakikita niya ang isang katulad na senaryo na naglalaro para sa Ethereum kung bumaba ito sa ibaba $1,000. Sinabi ni Hayes na ang bukas na interes at pagpoposisyon sa merkado ng mga pagpipilian ay nagtutulak sa kanyang hula.  Ang Bitcoin ay kasalukuyang nakikipagkalakalan sa paligid ng $22,000, habang ang Ethereum ay nasa itaas lamang ng $1,200. Ang parehong mga token ay sumuko nang husto sa nakalipas na 24 na oras, at malamang na nahaharap sa karagdagang kahinaan.  Ang mga alalahanin sa pagtaas ng rate ng Federal Reserve sa linggong ito, ang pagtaas ng inflation at potensyal na kaguluhan sa merkado ng mga opsyon ay nagtulak sa kamakailang pagkatalo ng crypto.  Bakit mahalaga ang $20K at $1K para sa Bitcoin at Ethereum?  Sa isang Twitter thread, Hayes said that if Bitcoin and

2022-06-14Ethereum

Ethereum developers delay difficulty bomb by two months - BitcoinEthereumNews.com

EthereumInaantala ng mga developer ng Ethereum ang paghihirap na bomba ng dalawang buwan06 / 13 / 2022Balita ng Ethereum ng Bitcoin  The Ethereum networks long-awaited transition from a proof-of-work network to proof-of-stake is expected to happen with The Merge. Developers on the Ethereum network have anounced they will delay the difficulty bomb for two months to ensure everything goes as planed.  Ethereum difficulty bomb delayed  The difficulty bomb is one of the crucial steps leading up to The Merge. It is a process designed to lower the mining profitability so that miners can no longer be incentivized before The Merge happens.  Tim Beiko, a core Ethereum developer, kilala, “in short, we agreed to the bomb delay. We were already over time, and want to be sure that we sanity check all the numbers before selecting an exact delay and deployment time, but we are aiming for a ~2 month delay, and for the upgrade to go live in late June.”  Bumili ng Ethereum NgayonAng iyong kapital ay nasa peligro.  The difficulty bomb increases miners difficulty in verifying transactions on the network, thereby lowering profits. Once the process goes live, it will become impossible for miners to validate transaction blocks. The difficulty bomb was adopted in 2016

2022-06-14Ethereum

Will ETH Price Break Under $1000? - BitcoinEthereumNews.com

EthereumMababawas ba ang Presyo ng ETH sa ilalim ng $1000?06 / 13 / 2022Balita ng Ethereum ng Bitcoin  Nai-publish 9 oras na ang nakakaraan  Ang Ethereum (ETH) price is highly affected by the sell-off observed over the global market as it has fallen 34% over the past week. The death spiral tumbles the market value to under the $1300 mark and approaches the upcoming support at $1000, Will Ethereums market price dive under $1000, or is a bullish reversal possible?  Pangunahing puntos:  The ETH price nosedive below the $1300 mark.  The selling pressure grows over the weekend, which fuels the downtrend.  The intraday trading volume in Ethereum is $44 Billion, indicating a 92% gain.  Pinagmulan- Tradingview  The April-May downfall in ETH/USDT pares took a breather near the $1800 mark. Thus, amid the widespread uncertainty in the crypto market during the second half of May, the altcoin showcased a slow yet steady fall which plunged to a low of $1700.  However, the market witnessed high selling pressure last week, pulling the ETH price below $1700. This support breakdown signaled the continuation of the prevailing downtrend and triggered another three days of sell-off.  Furthermore, the falling ETH price has violated another significant support of $1400 as it currently trades at the $1236

2022-06-14Ethereum

Cardano Resists Downward Pressure, Can ADAs Price Push Bears Away? - BitcoinEthereumNews.com

TeknolohiyaPinipigilan ni Cardano ang Pababang Presyon, Mababawasan ba ang Presyo ng ADA?06 / 13 / 2022Balita ng Ethereum ng Bitcoin  Cardano (ADA) has been following the general sentiment in the market. The fifth cryptocurrency in terms of market capitalization has been trending to the downside but at a slower pace than larger cryptocurrencies.  Mga Kaugnay na Pagbabasa | Napagtatanto ng Mga Pangmatagalang May hawak ng Bitcoin ang Marso 2020-Tulad ng mga Pagkalugi Habang Bumagsak ang BTC  At the time of writing, Cardano (ADA) trades at $0.48 with a 6% and 14% loss in the 24-hour and 7-day chart, respectively. The second crypto by market cap Ethereum (ETH) records a 30% loss over the same period, Binance Coin (BNB) a 24%, Solana (SOL) a 24% loss, and XRP an 18% loss in the past 7-days.  BTC trends sa downside sa 4 na oras na chart. Pinagmulan: Tradingview ng BTCUSD  Cardano‘s developer Input Output Global (IOG) recently anounced two products that could contribute to ADA’s price short-term strength. The company revealed a new wallet called Magkabit ng puntas, and the deployment of a new Ethereum Virtual Machine (EVM).  Lace is aimed at being Cardanos new light wallet and to help it gain more adoption. The wallet will provide

2022-06-14Industriya

Music Legends Mick Jagger, Ringo Starr Kinansela ang Mga Konsyerto Dahil Sa Covid - BitcoinEthereumNews.com

KabuhayanMusic Legends Mick Jagger, Ringo Starr Kinansela ang Mga Konsyerto Dahil Sa Covid06 / 13 / 2022Balita ng Ethereum ng BitcoinTopline  Ang frontman ng Rolling Stones na si Mick Jagger ay nagpositibo sa Covid-19 noong Lunes, dahil nahawa rin ang dalawang miyembro ng banda ni Ringo Starr, kaya napilitan ang dalawang rock legends na kanselahin ang mga concert.  Si Mick Jagger ng The Rolling Stones ay gumaganap sa entablado sa panahon ng SIXTY tour, sa Anfield Stadium noong ... [+] Hunyo 09, 2022 sa Liverpool, England.  Mga Redfernsn  key Katotohanan  Starr, 81, sinabi nitong weekend na ang kanyang banda ay magpapaliban ng 12 palabas sa North American sa Setyembre sa gitna ng mga pagsusuri.  Ang mga matatanda ay nasa mas mataas na panganib na magkasakit ng malubha mula sa Covid-19, at 81% ng mga pagkamatay ng Covid ay nangyayari sa mga taong higit sa 65 taong gulang, ayon sa ang Centers For Disease Control and Prevention.  Pangunahing background  Iniulat ng US ang pitong araw na average ng 108,548 bagong kaso ng Covid-19 noong Biyernes, ayon sa CDC. Habang ang mga kaso ay tumaas o nanatiling hindi nagbabago sa buong bansa mula noong Abril, ang pagtaas ay hindi malapit sa dami ng mga kaso na iniulat araw-araw sa taglamig

2022-06-13Industriya

Humigit-kumulang 2,000 Terra Investors Naghain ng Demanda Laban sa US Subsidiary ng Binance - BitcoinEthereumNews.com

Ang usapin ay tila pinangangasiwaan ng Roche Freedman LLP.  Inakusahan si Binance ng panlilinlang sa mga namumuhunan tungkol kay Terra sa isang 72-pahinang reklamo.  UST at LUNA, dalawa sa kay Terra asset, nasira noong nakaraang buwan, na nagdulot ng malaking pinsala sa merkado. Ang mga palitan ng Cryptocurrency ay kailangang magbayad ng presyo para sa pagsubaybay at pagsisiyasat sa lahat ng kasangkot sa inisyatiba. Binance, ang pinakamalaking sa mundo cryptocurrency exchange, tila nadulas sa ilalim ng abiso ng mga awtoridad, ngunit ang mga customer ay gumaganti na ngayon.  Mga Mapanlinlang na Namumuhunan na Singilin  Humigit-kumulang 2,000 na namumuhunan sa Terra ang piniling idemanda ang subsidiary ng Binance sa US. Ang unang kaso laban kay Terra na dinala sa korte ng US ay sa North California noong inilunsad ang isang class action complaint. Ang usapin ay tila pinangangasiwaan ng Roche Freedman LLP, isang kumpanya ng batas na nakabase sa US.  Inakusahan si Binance ng panlilinlang sa mga namumuhunan tungkol kay Terra sa isang 72-pahinang reklamo. Ang maling pag-advertise ang pangunahing dahilan ng pagkawala ng pera ng mga mamumuhunan sa kasong ito. Maraming tao ang nagulat nang malaman na ang LUNA ay may malapit sa zero na rate ng tagumpay. Ayon sa Binance.US, ang auction ng stablecoins

2022-06-13Industriya
1
...
784786
...
1000