The orange Mercedes was parked along the Promenade in Davos. Nobody in the vicinity saw who parked it there. The license plate says “Kuna” on it, which is the name of a Ukrainian cryptocurrency exchange. Michael Chobanian, the founder of Kuna, confirmed that the car belongs to him. Arjun Kharpal | CNBC DAVOS, Switzerland — The mystery of the orange bitcoin car, that was first spotted by CNBC on Monday at the Alpine resort of Davos, Switzerland, has been solved and the owner is not impressed… Source link

Data shows the Litecoin mining hashrate has hit a new all-time high, can this signal be positive for the price of the crypto? Litecoin Mining Hashrate Sets New All-Time High At 683.52 TH/s Litecoin, much like Bitcoin, is a cryptocurrency that works on a consensus mechanism based on Proof-of-Work (PoW), meaning that network validators called miners handle the transactions on the network. These miners have to compete with each other using computing power to be able to get a chance at hashing… Source link

Peter Thiel’s fund made $1.8 billion cashing out its crypto positions last year, according to the Financial Times.Marco Bello/Getty Images Peter Thiel’s fund closed almost all of its crypto positions shortly before prices crashed last year, according to the Financial Times. Founders Fund made $1.8 billion cashing out its bet on digital assets, the publication said. Thiel predicted bitcoin’s price would surge 100 times around the same time his fund was reportedly selling its crypto… Source link

Peter Thiel’s fund made $1.8 billion cashing out its crypto positions last year, according to the Financial Times.Marco Bello/Getty Images Peter Thiel’s fund closed almost all of its crypto positions shortly before prices crashed last year, according to the Financial Times. Founders Fund made $1.8 billion cashing out its bet on digital assets, the publication said. Thiel predicted bitcoin’s price would surge 100 times around the same time his fund was reportedly selling its crypto… Source link

“It’s important because DVT is becoming a major focus for Ethereum,” Alon Muroch, technical lead, SSV Network, said to CoinDesk in a note. “More funds, companies, DAOs are getting involved. It’s going to be as widespread as layer 2s, and Maximal Extractable Value after the tech hits the Ethereum mainnet in 2023. The funds involved are at the ground level supporting this change.” Source link

“It’s important because DVT is becoming a major focus for Ethereum,” Alon Muroch, Technical Lead, SSV Network, said to CoinDesk in a note. “More funds, companies, DAOs are getting involved. It’s going to be as widespread as Layer-2s, and Maximal Extractable Value after the tech hits the Ethereum mainnet in 2023. The funds involved are at the ground level supporting this change” Source link

KYN Capital Group Inc. Corporate Goal to Onboard Greater Than 250,000 Users by Q4 2023 CARSON CITY, NV, Jan. 19, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – KYN Capital Group (OTC: KYNC) is pleased to announce that Koinfold 2.0, the number one feature laden wallet app, has taken the next step and added many new features and a new fresh design to make Koinfold 2.0 even easier to use and more functional. The updated release has been uploaded to the Apple App and Google Play stores and is… Source link

Crypto analytics firm Santiment reports that whale activity on three altcoins has surged since the start of 2023. Starting with the liquidity protocol Aave (AAVE), Santiment says that the 42nd-largest crypto asset by market cap has seen the number of transactions valued at over $100,000 increase by more than 1,100% year-to-date. Next up is Litecoin (LTC). According to the crypto analytics firm, the 16th-largest digital asset by market cap has recorded an over 75% increase in… Source link

Bitcoin and Ethereum fell on Thursday afternoon in Asia, along with all other top 10 non-stablecoin cryptocurrencies on market concerns that the U.S. Federal Reserve may increase interest rates further to tackle inflation. See related article: Why crypto crashes are just like Nascar collisions Fast facts Bitcoin fell 2.19% to US$20,832 on Thursday at 4 p.m. in Hong Kong, after gaining 14.89% over the past seven days, according to data from CoinMarketCap. Ethereum lost 3.37% to US$1,529 but… Source link

Bitcoin (BTC) may gain another 50% before seeing a mass sell-off to complete its bear market, new research predicts. In the latest edition of its regular markets newsletter, “The Crypto Circular,” trading firm QCP Capital delivered a grim warning to those who believe that crypto winter is over. Research warns of “final Wave 5 sell-off” Bitcoin has surprised by retaining new support levels abruptly reclaimed in its week-long bull run, so far topping out at $21,650. Despite widespread… Source link