Analysis
Dreams of Rebooting FTX Face Cold Reality That Its Technology Wasn’t Well-Regarded
Woefully high latency, bugs in the API traders use to interface with FTX and coding mishaps plagued the exchange, according to several former clients who spoke to CoinDesk.
Short-Term BTC Holders, Stablecoin Supplies Could Indicate Cryptos' Future Price Direction
The two data points may show whether bitcoin moves higher or declines further in the aftermath of the U.S. central bank's 25 basis point rate increase Wednesday.
Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too
Federal Reserve Chair Jerome Powell says the speed of the Silicon Valley Bank run was “very different from what we’ve seen in the past.” However, Treasury Secretary Janet Yellen said she is not considering a "blanket" deposit guarantee.
Hacker vs. Hacker: North Koreans Attempt to Phish Euler Exploiter of $200M in Crypto, Experts Say
An unlikely exchange played out on the Ethereum blockchain, sparking confusion and alarm.
On-Chain Indicator Suggests Bitcoin, Ether Are Trading at a Discount
Traditionally, higher NVT ratios indicate that an asset is becoming more expensive, while lower NVT ratios indicate the opposite.
Bitcoin, Ether Trade Lower After Breaching Technical Indicator
The proximity of the breach to the upcoming Federal Reser ve rate decision could stymie activity in the short term. BTC is also showing an increasingly inverse relationship to the U.S. dollar ahead of the announcement
Bitcoin, Ether Swing From Cold to Hot in Event-Filled Week
The two largest cryptocurrencies have risen 31% and 26%, respectively, even as bank failures, inflation concerns and ETH selling pressure have roiled traditional asset markets.
Bitcoin, Ether Shrug Off U.S. Jobs Data
The two largest cryptocurrencies by market capitalization also recently appear to have decoupled from equity indexes.
Trading Ranges for Bitcoin, Ether Reflect Diverging Views About the Assets
Bitcoin’s higher low suggests investors in the largest crypto by market value are upbeat, but ether’s increased trading range compared to the previous days may reflect bearish concerns.
KuCoin Has Closed a $10M Funding Round Into CNHC, but Is the Offshore Yuan Right for a Stablecoin?
Circle Ventures, the venture arm of the USDC-issuer, and IDG Capital also joined the round.
