Deus Finance Suffers $3M Oracle Exploit
A new frontier with permissionless trading: Interview with OpenLeverage CEO Jackie
admin2022-03-15T16:45:48+00:00Leverage trading is a lucrative trading strategy gaining popularity among crypto traders. Trading on centralized exchange platforms has a lot of barriers, such as costs and maintenance. While decentralized exchanges provide an alternative to users, many are still permissioned or provide minimal trading pairs. OpenLeverage is a permissionless decentralized platform that aims to solve this issue. It provides users with an infrastructure that requires no permission to create markets for any trading pair and to margin trade. Any user can...
Ethereum Gas Fees Are Cheap Again. Why?
admin2022-03-15T16:03:55+00:00
Key Takeaways
The amount of Ethereum needed to process transactions has dropped 94% since January. The low gas fees on Ethereum result from less demand for block space. Historical patterns indicate that when the median cost of using the Ethereum network reaches record lows, the price of Ethereum often increases.Share this article
Gas fees on Ethereum have reached lows not seen in over nine months. While decreasing network activity is the main reason for the decline, the number of unique active users...
VC Firm Andreessen Horowitz Hires “Crypto Czar” Michele Korver
admin2022-03-15T15:11:00+00:00Venture capital firm Andreessen Horowitz on Tuesday said it had hired Michele Korver to head its crypto regulatory compliance division. Korver’s work in the crypto space, when she had served as the first digital currency counsel for the U.S. Justice Department’s Criminal Division, had earned her the moniker “Crypto Czar.” The firm, which is also known as a16z, announced the appointment in a blog post. Prior to joining the firm, Korver served as the Chief Digital Currency Advisor at the...
Will BTC investors face losses again amid choppy price action
admin2022-03-15T12:30:43+00:00Bitcoin has been in a price action rut for the last couple of weeks. Its effects are now visible with investors’ behavior. For the first time in weeks, the king coin led the bearishness and assisted in flipping the ongoing trend.
Bitcoin outflows
After recovering from an almost month-long slump of outflows, the overall net flows changed around mid-January, and assets began bringing in capital instead of losing them. After a good run, the net flows flipped into outflows again as...
NFT Project Spotlight: Anata, the Metaverse’s Anime VTuber NFTs
admin2022-03-15T11:42:56+00:00
Key Takeaways
Anata is a collection of Live2D VTuber NFTs. NFT owners will be able to create their own online identity and preserve their privacy with one of the unique Anata characters. The project looks to evolve on the avatar trend that took the NFT space by storm in 2021.Share this article
Anata is a collection of 2,000 Live2D VTuber NFTs that allow holders to bring their online identities to life. Crypto Briefing sat down with Big D Senpai, one...
Abra CEO Explains Why He Thinks Bitcoin Is Going to $250,000 and Ethereum to $40,000
admin2022-03-15T11:10:27+00:00Last Friday (March 11), Bill Barhydt, the CEO of investment and trading platform Abra, shared his medium and long term outlook for Bitcoin ($BTC) and Ethereum ($ETH). The Arba CEO made his comments during an interview — on CNBC’s “Crypto World” — with reporter Tanya Macheel. Regarding Bitcoin, he...
Bitcoin Price (BTC) Sticks To $38k Ahead Of Federal Reserve Rate Hike
admin2022-03-15T10:40:23+00:00Bitcoin held at around $38,000 on Tuesday, with most major cryptocurrencies seeing little movement as caution kicked in ahead of a two-day U.S. Federal Reserve meeting. The central bank is widely expected to hike interest rates, marking an end to the easy monetary policy that had boosted crypto assets through 2021. The meeting will begin later in the day, with a decision and a press conference due on Wednesday afternoon. Chairman Jerome Powell recently said he strongly supports the case...
Acta Finance enters Avalanche ecosystem after rebranding from ADA Finance
admin2022-03-15T08:15:55+00:00ADA Finance, pioneering decentralized finance (DeFi) ecosystem which will operate on Avalanche initially, has successfully completed a rebrand, changing its name to Acta Finance (ActaFi). In addition to this rebrand, the ActaFi team has also been developing their own native Automated Market Maker (AMM) protocol, ActaFi Swap. The ActaFi team took the name ‘Acta’ from the Latin phrase ‘Acta non verba’, which translates to ‘deeds, not words’ reflecting the team’s focus on substantive development and community building within the crypto...