By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Treasury Secretary Janet Yellen warned the U.S. could breach its debt limit by June 1, potentially setting off a recession in the event of default.Publish at: May 16, 2023 at 10:21PM
Bitcoin Slides Below $27K as Investors Eye Debt Ceiling Negotiations
Balancer Proposes ‘Permissioned Arbitrage’ to Rescue Inverse Finance’s Frozen Crypto
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Automated market maker Balancer is working with a trio of DeFi protocols to rescue crypto frozen since Euler’s massive hack.Publish at: May 16, 2023 at 08:40PM
Bitcoin is a threat to the energy-use status quo – and that’s a good thing
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Banning or taxing crypto mining out of existence isn’t going to solve this country’s issues around power consumption and grid stability – but supporting Bitcoin just might.Publish at: May 16, 2023 at 08:36PM
Serial Phishing Scammer Uses a Mix of Laundering Techniques, Including Coin Swaps and a Mysterious OTC
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Attacker behind a fake HitBTC website might have stolen $15M worth of crypto from multiple scams and phishing attacksPublish at: May 16, 2023 at 08:34PM
Ledger Bats Back Criticism of New Wallet Recovery Service
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data “You’re saying this is not what customers want. Actually, this is what future customers want,” said Ledeger CEO Pascal Gauthier.Publish at: May 16, 2023 at 07:30PM
Optimism, Scaling Solution for Ethereum, Sets June Date for Biggest Ever Upgrade, ‘Bedrock’
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The Bedrock hard fork, proposed earlier this year and approved by the Optimism community in April, is supposed to bring a “new level of modularity, simplicity and Ethereum equivalence.”Publish at: May 16, 2023 at 06:11PM
Origin Protocol Enters Competitive Ether Yield Market With OETH Offering
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data OETH is a yield-bearing, ether-pegged token, offering an easy way to maximize yield from ETH staking using protocols such as Curve Finance.Publish at: May 16, 2023 at 05:00PM
Bitcoin Miner Cormint Raises $30M Series A to Build Texas Data Center
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Executives of Nasdaq-listed semiconductor firm Silicon Laboratories participated in the round.Publish at: May 16, 2023 at 04:19PM
Bitcoin Miner Marathon Digital-Linked Startup Auradine Raises $81M
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The Bitcoin miner backed the web infrastructure startup, and CEO Fred Thiel sits on the board.Publish at: May 16, 2023 at 02:36PM
Bitcoin’s Realized Price on Cusp of Flashing Major Bullish Signal
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Bitcoin’s realized price looks set to cross above the average on-chain acquisition price of long-term holders, indicating a prolonged bullish period ahead.Publish at: May 16, 2023 at 02:06PM