Category: Crypto News
Michael Saylor will step down as MicroStrategy CEO but will remain executive chair
Bitcoin maximalist Michael Saylor has announced that he will step down as the chief executive officer of MicroStrategy, the business intelligence firm [...]
Ethereum Developers Address Potential Glitch Ahead of the Merge
Other developers also suggested that a third-party dashboard could watch over the relays. The Flashbots team, the developers behind MEV-boost, are alr [...]
MicroStrategy Reports $918M Impairment Charge on Bitcoin Holdings in Q2
The company's 129,699 bitcoins held at the end of June 30, 2022, were acquired for approximately $4 billion, reflecting an average cost per bitcoin of [...]
Bitcoin Wavers in Narrow Range as Cryptos Trade Weaker
On a technical basis, bitcoin breached its 10-day exponential moving average (EMA), indicating short-term weakness. The 10-day EMA is a moving average [...]
The Smart Contract Platform Sector Explained
While there are 80 digital assets inside the Smart Contract Platform sector, the sector is highly concentrated with ETH1 representing more than half t [...]
MicroStrategy Replaces Saylor as CEO With Company’s President, Saylor to Become Executive Chairman
Business software firm MicroStrategy (MSTR) has appointed Phuong Le, the company's president, as its new CEO, replacing Michael Saylor, who had served [...]
Crypto miner Digihost plans to move rigs from New York to Alabama
Digihost, a United States-based cryptocurrency mining company, has announced plans to move part of its fleet from New York to Alabama in an effort to [...]
Here’s How $200M in Crypto Was Drained From Nomad Protocol, According to a Security Expert
Halborn Chief Information Security Officer Steven Walbroehl joined CoinDesk TV’s “First Mover” to discuss how Nomad’s bridge lost $200 million in less [...]
CoinShares reports $21.7M loss tied to Terra implosion
On Tuesday, European cryptocurrency investment firm CoinShares posted its interim Q2 2022 results. Compared to the prior year's quarter, the firm's re [...]
Crypto users spent $2.7B minting NFTs in first half of 2022: Report
According to new market research published by blockchain data firm Nansen, crypto users spent 963,227 Ether (ETH), worth $2.7 billion, minting nonfung [...]
Bitcoin derivatives show a lack of confidence from bulls
Bitcoin (BTC) has been trending up since mid-July, although the current ascending channel formation holds $21,100 support. This pattern has been holdi [...]
Web3 Development Remains Strong Despite Crypto Downturn: Report
Titled “Blockchain Open-Source Developers Signal Strength of Web3 Community,” the report examined developer activity on the Ethereum, Bitcoin and Sola [...]
As China Miner Contests Ethereum Merge, BitMEX Offers Strategy on Potential 'ETHPoW' Split
BitMEX analysts have penned a blog post arguing that a threatened fork from the Ethereum blockchain might generate some interest from market participa [...]
Hedge fund billionaire Steve Cohen exits crypto startup Radkl amid bear market: Report
Steve Cohen, the founder of hedge fund Point72 Asset Management, has reportedly exited his investment in crypto trading firm Radkl.According to a Tues [...]
Polkadot ‘cup and handle’ setup sees DOT price 50% higher by September
Polkadot (DOT) looks ready to extend its ongoing price recovery due to a classic bullish pattern forming on its daily chart.DOT paints "cup and handle [...]