Bitcoin Slides as U.S. Inflation Exceeds Estimates at 8.3%

Key Takeaways U.S. inflation hit 8.3% in August, the latest Consumer Price Index print has revealed. The price of goods rose 0.1% on a month-on-month basis. The print exceeded expectations of a... Read more »

Ethereum Layer 2 Soars to $5B in Locked Value. Here’s Why 

Key Takeaways Ethereum’s Layer 2 networks have cumulatively surpassed $5 billion in total value locked. Optimistic Rollup solutions Arbitrum One and Optimism account for over 80% of the locked value. zkSync, which... Read more »

Bitcoin, Ethereum Turn Volatile Ahead of the Merge

Key Takeaways Bitcoin lost over 2,000 points in market value in the last 24 hours. Likewise, Ethereum took a 7.5% nosedive, erasing recent gains. The downturn put BTC and ETH at risk... Read more »

Bitcoin Risks Major Selloff as Miner Woes Continue

Key Takeaways Bitcoin mining company Argo Blockchain announced today it may have to wind down its operations.. Core Scientific, a rival operation, declared last week it could face bankruptcy. If adverse conditions... Read more »

ETHW Hasn’t Launched Yet—But You Can Already Trade It

Key Takeaways ETHW is a token due to launch as part of EthereumPoW’s plans to preserve a Proof-of-Work version of Ethereum following “the Merge.” EthereumPoW is not yet live, but a token... Read more »

Why Do Solana DeFi Protocols Keep Getting Exploited?

Key Takeaways Solend, another Solana DeFi protocol, has been exploited through a price oracle attack for $1.26 million. The attack follows last month’s Mango Markets exploit that saw $100 million stolen. Protocols... Read more »

Algorand Is Outperforming After a 15% Jump. Here’s Why

Key Takeaways Algorand has rallied 15% after revealing its appointment of Michele Quintaglie as its new Chief Marketing Officer. Quintaglie boasts experience at some of the world’s top firms, including Visa, Fidelity,... Read more »

Art Gobbler NFTs Are Producing GOO Tokens. Should You Buy Them?

Key Takeaways Art Gobbler NFTs have started producing GOO tokens. GOO can be used to produce more GOO or generate Gobbler NFTs, among other things. Despite its utility, the token is unlikely... Read more »

The Dollar Is at a 20-Year High. That’s Bad News for Bitcoin

Key Takeaways The dollar index has jumped to 20-year highs above 112 thanks to the Federal Reserve’s economic tightening policy. While the dollar is soaring, Bitcoin and other cryptocurrencies are struggling due... Read more »

Is Crypto Whale Alameda Research in Financial Trouble?

Key Takeaways Alameda Research, the quantitative trading firm co-founded by Sam Bankman-Fried, reportedly had $14.6 billion in assets and $8 billion in liabilities last June. A close look at the numbers, however,... Read more »
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