The largest exchange in Brazil, Mercado Bitcoin is facing a second round of layoffs and this time they will lay off 15 percent of their employees, which represents approximately 100 workers.The first round of layoffs last June had to lay off 12 percent of its employees, which translates to approximately 90 workers.The environment of digital assets continues to go through a bad patch, since despite some good news, the truth is that theThe effects of the crypto winter continue to be felt in various companies, thus reducing their work capacity or forcing them to restructure themselves in favor of survival.The…
Author: Ferret Weasels
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Although Lightning emerged as a cheap alternative for transfers, its capacity is much greater since classic concepts such as credits, settlement in other blockchains or databases could be implemented in the network.Lightning Network has a peer-to-peer architecture, in which it makes all its users important, which makes it very decentralized. Bitcoin was, is and always will be the definition of cryptocurrency. More powerful, usable and scalable cryptos may come onto the market, but BTC will never lose its leading role. It won’t even do it if it drops from first place in market capitalization, since it has never even been…
In an interview with Noah Smith, Vitalik Buterin pointed out that he was struck by the fact that the crypto market crash did not happen sooner, in addition to noting that this phenomenon “is good” for the industry, since it allows weaknesses to be exposed.Vitalik pointed out that previously the price of the main cryptocurrencies tended to present a growth of approximately “6 to 9 months” before it collapsed, however, this time the bull run lasted for a year and a half.Buterin is bullish, noting that the volatility of crypto assets will drop in the “medium-term future” to a level…
On August 28 and 29, the movement of 1000 BTC that were mined 7 or 10 years ago was recorded.JA Maartun, an analyst at CryptoQuant pointed out that throughout 2022 there have been four movements of bitcoins mined more than seven years ago, causing the price of BTC to go back every time a movement was presented.That a number of BTC from the Satoshi Nakamoto era are moving indicates that great whales and hodlers older ones are being activated and could affect the price of the asset. In 2009 the first Bitcoin block was mined. From that day until today,…
According to trading analytics platform TipRanks, 62% of current wallets have held their BTC for a year or more, while another 32% have held crypto for a month to a year.This shows that most Bitcoin investors stick to a simple trading strategy. hodl showing great confidence in the long-term profitability of crypto.Despite no widespread loss in confidence from the Hodlers, the bulls have failed to exert the necessary pressure to execute a meaningful uptrend.Despite the bearish context that has engulfed Bitcoin (BTC) for a year, most investors seem confident in the possibility of a better future for the value of…
The trustee of Mt. Gox stated that the creditors and former users of Mt. Gox. They will have until September 15 to file a complaint or claim in a rehabilitation process.In February 2014, the Mt.Gox exchange went bankrupt after three attacks that led to losses equivalent to 850,000 BTC stolen from its accounts.The reimbursement procedure will be divided into two phases, although their dates are still unknown.After a good time has passed, it seems that justice will finally be done for all the creditors and former clients of the defunct crypto firm Mt. Gox who were affected by the closure…
From October 5 to 7 at Cintermex, Monterrey, a new edition of Blockchain Land will take place.The event that plans to receive 10 thousand people in person and that more than 500 thousand follow it by streaming.The most important part is not only linking and being able to bring together the talent of people who want to undertake with startups or companies in the region, but also that we are training the talent of the future, said José Rodríguez, Director of the event.Blockchain Landreturns to a new edition but this time it will be the state of Nuevo León that…
Check Point Research released a report uncovering crypto mining malware that has invaded hundreds of thousands of computers since 2019 under the guise of an app that mimics Google Translate.This particular malware turns computers into Monero (XMR) miners.One of the reasons this scam took so long to discover is that the malware runs for the first time almost a month after the program is installed.The cybersecurity provider, Check Point Research (CPR) has published a report where a crypto mining malware was found to have invaded hundreds of thousands of computers since 2019 under the guise of an app imitating Google…
Venture capital firm Framework Ventures conducted a survey of 18 crypto companies looking to take a look at start-up salaries to benefit both founders and job seekers by improving transparency in the ecosystem.The data reveals both base salaries and allocations of capital and/or crypto tokens for four key groups: founders, executive engineers, and non-engineer operators such as sales, marketing, recruiting, etc.The companies consulted work with the Framework and come from different areas: they are decentralized finance (DeFi) projects based on Ethereum, companies dedicated to gaming, the Aave loan protocol, the famous Play-to-Earn Illuvium and the project behind the currency stable…