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20 May 3K+ Bit Digital hosting partner’s crypto miners go offline after explosion and fire

Posted at 20:28h in CRYPTO WORLD by Cointelegraph By Turner Wright 0 Comments
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The company said it will be seeking reimbursement for the lost revenue from mining crypto, with operations at Niagara Falls "hoped to resume within a few weeks." Read More? Post is imported from RSS feed, by one of our guest editors. G6 does...

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20 May Finance Redefined: Lifeline for Terra projects, proposed Terra hard fork and more

Posted at 20:28h in CRYPTO WORLD by Cointelegraph By Prashant Jha 0 Comments
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Binance comes to the rescue of Terra projects, Chainalysis introduces new tools to track stolen crypto funds, Do Kwon's new proposal for a Terra hard fork and more in this week's DeFi newsletter. Read More? Post is imported from RSS feed, by one of...

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20 May Investors Continue To Trade LUNA Despite Massive Crash

Posted at 20:28h in CRYPTO WORLD by Saeed Hassan 0 Comments
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Investors continue to trade the LUNA token despite its enormous fall, seeing the coin lose 99% of its value from $62 on May 9 down to less than a cent by May 14. However, on May 20, LUNA remains the most trending cryptocurrency searched on...

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20 May Optimism Introduces Bedrock as Layer 2 Upgrade

Posted at 20:28h in CRYPTO WORLD by Jay Zhuang 0 Comments
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Ethereum layer-two (L2) scaling solution Optimism announced an upgrade called Bedrock on its network, with the benefits of lower fees and faster speed for transactions completed through the Optimistic Rollup. The new feature is designed to be the first EVM-based rollup with Ethereum’s level of...

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20 May Jamie Dimon, Carl Icahn, and other market experts are sounding the alarm about a recession. Here’s what they’ve all said

Posted at 20:28h in News by Will Daniel 0 Comments
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Eighty-one percent of U.S. adults believe a recession will hit this year. Many economic experts and Wall Street titans agree. Read More Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not edit or moderate the...

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20 May Meta quietly banned abortion talk among Facebook workers in 2019. Is that even legal?

Posted at 20:28h in News by Colin Lodewick 0 Comments
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The First Amendment only applies to the government, an expert tells Fortune. But that's not the whole legality story. Read More Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not edit or moderate the content....

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20 May Republicans on IRS funding are ‘like the guy in the hot dog suit,’ top Democrat says, likening their complicity in gutting the agency to a viral Netflix comedy sketch

Posted at 20:28h in News by Tristan Bove 0 Comments
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An underfunded IRS has led to billions in lost tax revenue. Read More Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not edit or moderate the content. G6 is not responsible for your actions. No...

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20 May Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions

Posted at 19:28h in CRYPTO WORLD by Cointelegraph By Marcel Pechman 0 Comments
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Declining demand for Tether and negative futures premiums for altcoins reflect a growing disinterest from crypto investors. Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not edit or moderate the content. G6 is not...

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20 May Bitcoin NUPL Touches Lows Not Seen Since COVID Crash, Rebound Soon?

Posted at 19:28h in CRYPTO WORLD by Hououin Kyouma 0 Comments
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On-chain data shows the Bitcoin NUPL metric has now declined to lows not seen since the COVID-19 crash back in 2020. Bitcoin Net Unrealized Profit And Loss Plunged Down Recently As explained by an analyst in a CryptoQuant post, the NUPL past trend may suggest that current...

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20 May Anonymous Allegedly Hacks Sberbank, Russia’s Largest Bank

Posted at 19:28h in CRYPTO WORLD by Lubomir Tassev 0 Comments
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Hacktivist collective Anonymous has allegedly breached the systems of one of the largest financial institutions in Russia, Sberbank. The attackers announced on social media they have published thousands of emails, phone numbers, and addresses. Anonymous Hackers Reportedly Gain Access to Sberbank Database Decentralized hacking group Anonymous...

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