Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

What does ‘bypass the Ethereum mempool’ mean?

From the Harmony hack: https://etherscan.io/tx/0x2f259dec682ccd6517c09b771d6edb439f1925e87b562a72649a708fdd0511e1 The info on top 'Private transaction' says: This transaction bypassed the Ethereum mempool and was sent directly to miners. What does this mean? submitted by /u/fap_fap_fap_fapper [link] [comments]

Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It Paid

According to reports, the Russian Federation has defaulted on its foreign debt for the first time since 1918. Bondholders told the press that they had not received payments from the transcontinental country. However, Russia’s finance ministry denies the allegations and says the country made the payments via the Euroclear monetary system. Russia Is Accused of […]

Fintech services platform Colendi acquires enterprise blockchain company SETL

Colendi, the fastest-growing embedded fintech services platform in Turkey and surrounding regions, today announced it has acquired London-based blockchain settlements and payments provider SETL. Launched in 2015, SETL is an enterprise blockchain company known for its high-profile work with selected central banks and T1 financial institutions. In December SETL announced a collaboration with SWIFT in…
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We are having rising Crypto prices while the volume is rapidly going down. Yeah, this is no reversal.

Many have been looking very enthusiastic in the recent price rally of Crypto where even went above $1T market temporarily. For some it's even the reversal after a capitulation at 17.6k but honestly many indicators are not looking good and basic out of all those is trading volume. Right now the trading volume is rapidly…
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Why applications like AAVE don’t capture MEVs officially and share with their users?

E.g make liquidation only callable from their official bot contract, capture these values and share it with AAVE token holders? submitted by /u/FatPandaFat [link] [comments]

Are we close to decentralized news / media in Web3.0?

submitted by /u/astrophoto19 [link] [comments]

Crypto Liquidations Settle As Bitcoin Recovers Above $21,000

Crypto liquidations had ramped up following the market crash. Even with the recovery had come more liquidations as short calls had also taken a hit. However, with the recovery moving over the last week, the market has begun to regain some semblance of balance and so the liquidations have begun to settle. Crypto Market Liquidations Relaxes Although liquidations cannot entirely stop, the liquidations have begun to subside. It had fallen from over $1 billion in liquidations at the height of the market crash and has slowly but surely returned to normal levels. This is obvious in liquidations for the past 24 hours which continue to trend at around $150 million liquidated. Mostly, it has skewed towards long traders given that the market had recorded a dramatic dip in the early hours of Monday morning. Related Reading | Market Wallows In Extreme Fear As Bitcoin Struggles To Hold $20,000 As expected, bitcoin and Ethereum take the lead for the digital asset with the most liquidations in this time period. Bitcoin alone has recorded more than $43 million in liquidations while Ethereum liquidations have come out to more than 24K ETH liquidated, amounting to more than $29 million in liquidations in the past 24 hours.  Total market cap below $1 trillion | Crypto Total Market Cap on TradingView.com More than 74,000 traders have been liquidated in this time though, of which 69.73% were long trades. Okex and Binance exchanges have seen the highest liquidations. However, the largest single liquidation for the last day came from the Bitmex exchange on the XBTUSD with the trade coming out to $2.48 million. Market Takes A Nosedive Just as feared, the crypto market has lost most of the gains that it made last week. The swift decline in price had come following the return of faith in the market, indicating that the recent recovery had been a bull trap. Related Reading | Bitcoin May Not Reclaim All-Time High For Another Two Years, Binance CEO In this decline, Bitcoin had fallen sharply from above $21,000 where it had trended for the better part of the week and had fallen back to the $20,000 territory once more. The dip resulted in more than $500 lost from bitcoin’s value in a matter of minutes. As expected, this has triggered liquidations across various exchanges which brings the total value to $156 million liquidated. Bitcoin liquidations are ramping up on the one-hour chart with $28 million recorded over the same time period, coming out to 1,360 BTC liquidated. Featured image from Business Today, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…

How Pionex’s Trading Bots Can Help Manage Risk

Last month was a crypto rollercoaster. Bill Gates said crypto is based on greater fool theory. The market has lost more than $1 trillion dollars since November, and there are still signs of further damage, including Celsius’ pause on withdrawals. The wild west of finance is clearly suffering, and the whiplash pace of recent headlines […]

Terra's LUNA2 skyrockets 70% in nine days despite persistent sell-off risks

LUNA2 may have bottomed in June but who just who is buying this controversial token?