Bitcoin Marks First Green Weekly Close After Two Months In The Red
[ad_1] Bitcoin has been marking multiple weeks of consecutive red closes. This has been the case for the last two months when the leading cryptocurrency had seen 9 consecutive weeks of red closes. Unsurprisingly, this had pained a very bearish image for the digital asset. However, it seems the...
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Scaling Container Technologies at Coinbase with Kubernetes | by Coinbase | Jun, 2022
[ad_1] Tl;dr: Our recent evaluation of Kubernetes underscored its suitability for scaling Coinbase into the future. In the past, a migration to Kubernetes raised concerns due to the operational burden of running and securing the control plane in-house. We’ve now concluded that managed Kubernetes offerings reduce this operational burden...
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Blockchain-based move-to-earn app Stepn under DDoS attacks after upgrade
[ad_1] Solana-based move-to-earn application Stepn has reported multiple denial-of-service (DDoS) attacks in the aftermath of the platform proceeding with a major anti-cheating upgrade. Stepn took to Twitter on June 5 to report that the platform has suffered a number of DDoS attacks causing recovery maintenance and associated improper performance....
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Bitcoin long-term hodlers begin ‘distribution’ which preceded BTC price bottoms
[ad_1] Bitcoin (BTC) stayed wedged in a tight range on June 4 as traders’ demands for a new macro low persisted. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Long-term holders begin ‘distribution’ Data from Cointelegraph Markets Pro and TradingView showed BTC/USD stuck between $29,000 and $30,000 into the weekend. The...
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Crypto Investors Lost $1 Billion in Scams during the Last 15 Months, Says FTC
[ad_1] Crypto scams are on the rise, according to the latest report published by the US Federal Trade Commission (FTC). Since the start of 2021, more than $1 billion worth of digital assets have been lost in cryptocurrency scams. The fraudulent activities affected approximately 46,000 people. According to the...
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Arthur Hayes Says Bitcoin And Ethereum May Not Be Ready To Recover Drastically
[ad_1] The recent crash in the crypto markets took everyone by surprise, especially Bitcoin. Many coins lost value drastically and very fast at that. Even the number one crypto Bitcoin took a big hit when investors kept selling out in panic. While many are hoping for a recovery, the...
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3 reasons why Ethereum price is pinned below $2,000
[ad_1] Ether’s (ETH) market structure continues to be bearish despite the failed attempt to break the descending channel resistance at $2,000 on May 31. This three-week-long price formation could mean that an eventual retest of the $1,700 support is underway. Ether/USD 4-hour price at Bitstamp. Source: TradingView On the...
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Update on Hiring Plans. By L.J Brock, Chief People Officer | by Coinbase | Jun, 2022
[ad_1] By L.J Brock, Chief People Officer I shared an update with our employees today that I want to also share publicly here. TL;DR: In response to the current market conditions and ongoing business prioritization efforts, we will extend our hiring pause for both new and backfill roles for...
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Kraken Launches Pro Mobile Staking Feature
[ad_1] On Wednesday, Kraken, a US-based cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a generalized financial exchange, a crypto exchange’s core function is to permit and encourage the buying and selling...
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Bitcoin Rests Tentatively Above $31,000, Bull Rally Or Trap?
[ad_1] The price of bitcoin has been doing significantly well compare to where it was about a week ago. It has now recovered above a highly coveted point, returning some faith back into the market. However, the position where the digital asset currently resides is one that is unstable....
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