MasihGoogle Cloud adds 11 blockchains to data warehouse ‘BigQuery’
In 2018, Google launched a Bitcoin data set as part of the service, and later that year, it added Ethereum as well. It continued to expand its blockchain coverage in February 2019, adding Bitcoin Cash, Dash, Dogecoin, Ethereum Classic, Litecoin and Zcash. The Sept. 21 announcement means that BigQuery now carries data from a total of 19 blockchain networks. In addition to adding these new blockchains, Google has also implemented a new feature intended to make blockchain queries easier to execu...
MasihDeFi activity on the decline, but investment rolls in: Finance Redefined
The team behind Balancer, an Ethereum-based automated market maker, believes a social engineering attack on its DNS service provider led to its website’s front end being compromised on Sept. 19, leading to an estimated $238,000 in crypto stolen. “After investigation, it is clear that this was a social engineering attack on EuroDNS, the domain registrar used for .fi TLDs,” the firm explained in a Sept. 20 X (formerly Twitter) post. Approximately eight hours after the first warning of the attac...
MasihHow is DeFi margin trading getting safer with this cross-chain protocol?
Earlier this month, a project called Miss Universe Coin was announced at PBW. Donald Lim, the founder of the organization managing the PBW, said during the event that the PBW will “launch the Miss Universe Coin.” However, weeks after the announcement, the official organization behind Miss Universe denied any association with the coin project and called it a fraud. “There is currently no Miss Universe cryptocurrency or blockchain offering, and these products are in no way involved with the vot...
I work in Web 3
MasihGoogle Cloud adds 11 blockchains to data warehouse ‘BigQuery’
In 2018, Google launched a Bitcoin data set as part of the service, and later that year, it added Ethereum as well. It continued to expand its blockchain coverage in February 2019, adding Bitcoin Cash, Dash, Dogecoin, Ethereum Classic, Litecoin and Zcash. The Sept. 21 announcement means that BigQuery now carries data from a total of 19 blockchain networks. In addition to adding these new blockchains, Google has also implemented a new feature intended to make blockchain queries easier to execu...
MasihDeFi activity on the decline, but investment rolls in: Finance Redefined
The team behind Balancer, an Ethereum-based automated market maker, believes a social engineering attack on its DNS service provider led to its website’s front end being compromised on Sept. 19, leading to an estimated $238,000 in crypto stolen. “After investigation, it is clear that this was a social engineering attack on EuroDNS, the domain registrar used for .fi TLDs,” the firm explained in a Sept. 20 X (formerly Twitter) post. Approximately eight hours after the first warning of the attac...
MasihHow is DeFi margin trading getting safer with this cross-chain protocol?
Earlier this month, a project called Miss Universe Coin was announced at PBW. Donald Lim, the founder of the organization managing the PBW, said during the event that the PBW will “launch the Miss Universe Coin.” However, weeks after the announcement, the official organization behind Miss Universe denied any association with the coin project and called it a fraud. “There is currently no Miss Universe cryptocurrency or blockchain offering, and these products are in no way involved with the vot...
I work in Web 3
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The worst week for the cryptocurrency market since November 2022 is coming to an end as its capitalization attempts to stay above $1 trillion.
The major down-move this week occurred on Aug. 17 following Elon Musk's SpaceX reportedly writing off its Bitcoin stash as well as several other major reasons.
Bitcoin, which controls nearly 50% of the total cryptocurrency market, reacted negatively to the SpaceX news as the selloff worsened amid a "bloodbath" of mounting liquidations across the crypto derivatives market.
Related: Why did Bitcoin drop? Analysts point to 5 potential reasons
As of Aug. 18, around 176,300 traders had liquidated $1.04 billion worth of contracts, with long exits making almost 80% of it. In other words, a long squeeze forced traders to sell at a loss to avoid even bigger losses.
The decline across the crypto market mirrored losses in the global stock market.
Notably, the MSCI World Index, which includes large and mid-cap stocks from twenty-three developed countries, dropped sharply on Aug. 17, as shown in the chart below. This coincided with mounting worries about China's economy and higher interest rates.
The economic slump in China has raised concerns that their central bank will weaken the yuan to boost its economy — something that could negatively impact the crypto market, particularly in the short term.
The last time China devalued the yuan in August 2015, BTC price dropped by 23% in the following two weeks, while the crypto market lost 27% in the same period.
https://cointelegraph.com/news/why-is-the-crypto-market-down-today
The worst week for the cryptocurrency market since November 2022 is coming to an end as its capitalization attempts to stay above $1 trillion.
The major down-move this week occurred on Aug. 17 following Elon Musk's SpaceX reportedly writing off its Bitcoin stash as well as several other major reasons.
Bitcoin, which controls nearly 50% of the total cryptocurrency market, reacted negatively to the SpaceX news as the selloff worsened amid a "bloodbath" of mounting liquidations across the crypto derivatives market.
Related: Why did Bitcoin drop? Analysts point to 5 potential reasons
As of Aug. 18, around 176,300 traders had liquidated $1.04 billion worth of contracts, with long exits making almost 80% of it. In other words, a long squeeze forced traders to sell at a loss to avoid even bigger losses.
The decline across the crypto market mirrored losses in the global stock market.
Notably, the MSCI World Index, which includes large and mid-cap stocks from twenty-three developed countries, dropped sharply on Aug. 17, as shown in the chart below. This coincided with mounting worries about China's economy and higher interest rates.
The economic slump in China has raised concerns that their central bank will weaken the yuan to boost its economy — something that could negatively impact the crypto market, particularly in the short term.
The last time China devalued the yuan in August 2015, BTC price dropped by 23% in the following two weeks, while the crypto market lost 27% in the same period.
https://cointelegraph.com/news/why-is-the-crypto-market-down-today
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