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” Data suggests Avalanche’s (AVAX) rally was a buy the rumor, sell the news event “ Avalanche (AVAX) came into the spotlight early at the beginning of 2023 by adding its blockchain support to Amazon Web Services (AWS) cloud. However, empirical and on-chain analysis suggests that Avalanche’s price surge is likely due to a broader…
” DeFi problems and opportunities in 2023. Market Talks “ On this week’s episode of Market Talks, Cointelegraph welcomes Grant Shears, founder of Blocmates — an educational and consultancy company that aims to create crypto, DeFi and Web3 content that anyone can understand. This week, to kick things off, we take a look at the…
” Raydium exploiter moves $2.7M to crypto mixer Tornado Cash “ In an alert, blockchain security firm CertiK reported that the Raydium protocol exploiter had sent 1,774.5 Ether (ETH) to the mixer. The amount is worth around $2.7 million at the time of writing. While security teams from various exchanges continue to combat the efforts…
” DeFi should complement TradFi, not attack it: Ava Labs CEO | Davos 2023 “ Decentralized finance (DeFi) is on its way from becoming a small niche within the financial industry to something traditional finance (TradFi) is trying to incorporate. In an interview with Cointelegraph at the World Economic Forum (WEF) in Davos, Switzerland, Emin…
” Number of devs increased during crypto winter: Electric Capital report “ The notion that bear markets are good for builders appears to be true with the total number of monthly active Web3 developers increasing 5.4% to more than 23,300 over the last 12 months despite a near 70% drop in crypto prices. According to…
” Are we still mad at MetaMask and ConsenSys for snooping on us? “ The cryptocurrency community has a tendency to fixate on a new issue every few weeks and then promptly forget about it. The limited attention span of this community misses the ultimate resolution of important issues. Over the Thanksgiving holiday in November…
” DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds “ Non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and decentralized finance (DeFi) are redefining how charities raise donations and distribute funds to those most in need. Through ever-evolving crypto and blockchain-related technology, crypto philanthropists told Cointelegraph that they’ve witnessed “new wealth distribution mechanisms” never seen…
” SushiSwap’s new DEX aggregator will ’10x our market share’ — Head Chef “ Just a month after warning of a “significant deficit” in its treasury, the CEO of decentralized exchange (DEX) SushiSwap has shared several planned updates to the platform which it says is intended to “10x” its market share in 2023. Sushi CEO…
” How crypto tokens (not Bitcoin) will outperform stocks in 2023, Arca’s CIO explains “ Digital assets will largely decouple from traditional equity markets in 2023, says Chief Investment Officer at Arca, Jeff Dorman. Discussing his outlook for 2023 in a recent interview with Cointelegraph, Dorman argues that as the global economy enters a recession…
” Binance, Huobi team up to recover $2.5M from Harmony One hackers “ Security teams at crypto exchanges Binance and Huobi worked together to freeze and recover 121 Bitcoin (BTC) from hackers behind the Harmony bridge exploit. In a tweet, Binance CEO Changpeng Zhao announced that the hackers have tried to launder their funds through…