The post A ‘soft landing’ is still on the table, economists say appeared on BitcoinEthereumNews.com. Traders on the floor of the New York Stock Exchange during afternoon trading on Aug. 02, 2024. Michael M. Santiago | Getty Images Recession fears led to a sharp stock-market selloff in recent days, with the S&P 500 index posting […]

The post Craig Wright fails to appeal UK ruling in Bitcoin case appeared on BitcoinEthereumNews.com. Craig Wright has not filed an appeal against his UK court verdict despite two online accounts under his name claiming he had.  Wright had 21 days to ask the UK appellate courts for permission to appeal after injunctions were imposed […]

The post Solana ‘memecoin frenzy’ prompts uptick in Rust dev demand appeared on BitcoinEthereumNews.com. Rust is also becoming an increasingly popular programming language for blockchain firms building “performant distributed systems,” says CryptoJobsList CEO. The Solana memecoin mania that began in the first half of 2024 has contributed to an increase in demand for Rust engineers, […]

Chainlink price rebounds to $10 during Asian trading hours on Wednesday amid a broader cryptocurrency market recovery. The Bitcoin price surge to $57000 has sparked a fresh relief rally among altcoins, prompting them to form a fresh bottom. Moreover, a detailed analysis of the on-chain data reveals significant activity among whales, indicating a continued buy-the-dip […]

The post Additional Interest vs. Additional Insured – What’s the Difference? appeared on BitcoinEthereumNews.com. Navigating the terms used in the insurance industry can be very confusing for a layperson. If you have ever encountered the terms “additional interest” and “additional insured” and aren’t sure what the difference between the two is, you’re certainly not alone.  […]

The post Empire Newsletter: The suspects behind this weekend’s crash appeared on BitcoinEthereumNews.com. Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter. Gox Watch If the price of bitcoin were a murder mystery, there would be several key suspects. It was macro factors that […]

The post BoJ Comments Offer Relief to Crypto appeared on BitcoinEthereumNews.com. Cryptocurrencies continued their recovery from Monday’s crash, with bitcoin trading above $57,000, over 4% higher in the last 24 hours. Bank of Japan deputy governor Shinichi Uchida said that the central bank would not hike borrowing costs, which may have provided some relief for […]

The technology giant Intel has encountered a significant setback recently, falling behind rivals Nvidia and Advanced Micro Devices (AMD). The tech firm’s initial decision to ignore tapping into generative AI has presented it with a stockpile of setbacks in today’s AI-driven era. Reportedly, Intel constantly declined opportunities to hold a significant stake in OpenAI, a […]

TL;DR Nexera Protocol Hacked: A hacker exploited a vulnerability in Nexera’s system on August 7, stealing $1.8 million worth of NXRA tokens by manipulating a proxy contract. Market Impact: The value of NXRA tokens plummeted by 48% following the attack, with stolen tokens being converted to Ether and bridged to Binance Smart Chain. Ongoing Investigation: […]

The post GBP/JPY trades around 187.00 following a rebound from six-month lows appeared on BitcoinEthereumNews.com. GBP/JPY holds gains following unexpected dovish comments from BoJ Deputy Governor Shinichi Uchida. BoJ’s Uchida emphasized to maintain its current level of monetary easing for the time being. The Japanese Yen may appreciate due to increased risk aversion amid heightened […]