Ether/USD

Crypto peaked a year ago — investors have lost more than  trillion since
World

Crypto peaked a year ago — investors have lost more than $2 trillion since

An attendee wears a “Will Work for NFTs” shirt during the CoinDesk 2022 Consensus Festival in Austin, Texas, US, on Thursday, June 9, 2022. The festival showcases all sides of the blockchain, crypto, NFT, and Web 3 ecosystems, and their wide-reaching effect on commerce, culture, and communities. Jordan Vonderhaar | Bloomberg | Getty Images A […]

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Binance backs out of FTX rescue, leaving the crypto trade on the brink of collapse
World

Binance backs out of FTX rescue, leaving the crypto trade on the brink of collapse

Binance is backing out of its programs to receive FTX, the corporation claimed Wednesday, leaving Sam Bankman-Fried’s crypto empire on the verge of collapse. The reversal will come a person working day right after Binance CEO Changpeng Zhao declared that the world’s greatest cryptocurrency organization had reached a non-binding deal to obtain FTX’s non-U.S. enterprises for an […]

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In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as  is now worth 15 cents
World

In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents

Aerial view during landing of the seafront Manara district near downtown Beirut. Bilwander | Getty Images When Georgio Abou Gebrael first heard about bitcoin in 2016, it sounded like a scam. But by 2019, as Lebanon plunged into a financial crisis following decades of expensive wars and bad spending decisions, a decentralized and borderless digital […]

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Dogecoin surges 40% as Elon Musk’s Twitter deal methods near
Technology

Dogecoin surges 40% as Elon Musk’s Twitter deal methods near

Tesla CEO Elon Musk photographed in Austin, Texas, on April 7, 2022. The electric powered motor vehicle agency has also designed forays into battery storage. Suzanne Cordeiro | AFP | Getty Photographs Dogecoin, the cryptocurrency branded just after a viral dog meme from 2013, is up additional than 40% considering that Monday as Elon Musk’s […]

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FTX is shelling out  million in dollars for Voyager property, courtroom records show
Technology

FTX is shelling out $51 million in dollars for Voyager property, courtroom records show

Sam Bankman-Fried, founder and main executive officer of FTX Cryptocurrency Derivatives Trade, speaks for the duration of an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Jeenah Moon | Bloomberg | Getty Pictures Sam Bankman-Fried, FTX’s founder, has pursued an aggressive purchasing spree throughout […]

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The ‘merge’ has arrived — Wednesday is your last possibility to acquire ether in advance of historic makeover
Technology

The ‘merge’ has arrived — Wednesday is your last possibility to acquire ether in advance of historic makeover

It is really time for the “merge.” The many years-in-the-building, systemwide upgrade to the ethereum blockchain is set to roll out on Wednesday, marking a single of the crypto sector’s most historic events to day. Primary up to the overhaul, traders have been jumping into ether, the indigenous token to ethereum. In the past 3 […]

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Voyager customer lost  million saved over 24 years and is one of many now desperate to recoup funds
Technology

Voyager customer lost $1 million saved over 24 years and is one of many now desperate to recoup funds

Voyager said it has roughly $1.3 billion of crypto on its platform and holds over $350 million in cash on behalf of customers at New York’s Metropolitan Commercial Bank. Justin Sullivan | Getty Images During a five-hour Chapter 11 bankruptcy hearing earlier this month for crypto firm Voyager Digital, a customer named Magnolia was the […]

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Ethereum just wrapped the final dress rehearsal for one of the most important events in crypto
Technology

Ethereum just wrapped the final dress rehearsal for one of the most important events in crypto

Ethereum is the world’s second-biggest cryptocurrency, and it’s giving bitcoin a run for its money. Getty Ethereum, the second-largest cryptocurrency by market value, just ran a final dress rehearsal ahead of a years-awaited upgrade that’s been billed as one of the most important events in the history of crypto. Since its creation almost a decade […]

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Hackers have stolen .4 billion this year using crypto bridges. Here’s why it’s happening
Finance

Hackers have stolen $1.4 billion this year using crypto bridges. Here’s why it’s happening

Mining the Worlds Second-most-valuable Cryptocurrency at Evobits I.T SRL An engineer inspects Sapphire Technology Ltd. AMD graphics processing units (GPU) at the Evobits crypto farm in Cluj-Napoca, Romania, on Wednesday, Jan. 22, 2021. The worlds second-most-valuable cryptocurrency, Ethereum, rallied 75% this year, outpacing its larger rival Bitcoin. Photographer: Akos Stiller/Bloomberg via Getty Images Photographer: Akos […]

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Bohemian noble family redefines modern aristocracy by selling NFTs to preserve and share a 700-year-old legacy
Technology

Bohemian noble family redefines modern aristocracy by selling NFTs to preserve and share a 700-year-old legacy

CNBC’s MacKenzie Sigalos and William Rudolf Lobkowicz in the Family Chapel of the Lobkowicz Palace depicting an early 18th-century altarpiece painting of St. Wenceslas, patron saint of the Czech nation. House of Lobkowicz PRAGUE — It is past midnight on a Friday at the Lobkowicz Palace in the Prague Castle complex. A 27-year-old Czech prince, […]

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