advertisement Katie Haun’s Haun Ventures has led a $32 million fundraising round for Euler, a non-custodial protocol that allows users to lend and borrow digital assets.  Euler, which is built on top of the Ethereum blockchain, says it’s able to mitigate the risk of lending and borrowing assets through a framework that assigns each investment a tier depending on its risk.  “Euler takes a unique approach to address the risks associated with lending and borrowing crypto assets that… Source link

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists. The cryptocurrency universe is graced with unique projects and opportunities for investors and businesses alike. Still, in the sea of digital assets, there are only a few crypto projects that are worth your time and money. Finding the best one can be tasking and very much exhausting, and sometimes it might end up being a guessing… Source link

June 7 (Reuters) – As the crypto winter creeps into June, the first signs of a thaw are emerging. Some investors are now betting that bitcoin is bottoming out, judging by the money heading into listed cryptocurrency funds, which represent just a slice of the market yet are popular among institutional and retail players alike. Overall flows into such funds turned positive last month, with a weekly average inflow of $66.5 million, a reversal from a dismal April when they saw a weekly average… Source link

The prices of Bitcoin (BTC) and Ethereum (ETH) shed 6% and 7%, respectively, over the past 24 hours, wiping out recent gains. The swift and bearish price action also resulted in roughly $133 million in Bitcoin and Ethereum positions liquidated, according to Coinglass. The majority of these positions were longs. Currently, Bitcoin is changing hands at $29,587, down 5.85% over the day, according to data from CoinMarketCap. This also puts the largest cryptocurrency with a market capitalization… Source link

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Litecoin [LTC] is known as silver to Bitcoin’s gold for a reason. Since the former was built on the latter’s code, both tokens share a similar mechanism of the proof-of-work (PoW) consensus and limited supply. But, here’s the catch, Litecoin’s supply is quadruple of Bitcoin’s; set at 84 million LTC, it is soon coming to an end. Know this Before Litecoin runs out of LTC, the token can be minted for approximately 120 years. Primarily, the token will take a vast amount… Source link

Bitcoin (BTC) firmly recommitted to its trading range on June 7 after a fresh move higher was met with a swift sell-off. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Some of the best chop we’ve seen” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rejecting decisively at resistance it last encountered on June 1. The pair had delivered daily gains in excess of 6%, but the approach to $32,000 changed the mood, and Bitcoin gave back almost $2,500 in a matter… Source link

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The paper, “Cooperation among an anonymous group protected Bitcoin during failures of decentralization,” is interesting and valuable work, including the team’s discovery of a new way of tracking Bitcoin activity through a mining data stream dubbed the “extranonce.” But it is also highly technical and nuanced, and the topics it touches on, including Bitcoin security, privacy, and distribution, are highly contentious. This makes it quite vulnerable to misinterpretation (or… Source link

Coinbase’s decision to pull existing job offers is straightforwardly heinous. Imagine Coinbase offered you a job a week ago. You immediately put in your two weeks’ notice at the box factory where you’ve been grinding to feed your family while spending nights and weekends immersed in crypto. On Thursday you woke up excited to start a new gig in the exciting world of digital assets. Then you got a god-damned form email titled “Update to your Coinbase offer” and the update was… Source link