Ethereum launches new testnet ‘Holešky,’ allocates 1.6B ETH for devs

    Holešky testnet had a 1.6 billion ETH supply at launch, making it potentially more accessible than the older Goerli network. Ethereum developers launched a new testnet on Sept. 15. Called “Holešky,” the network is expected to be used for staking, infrastructure and protocol development, according to its developer documents. Sepolia will remain the dominant network for application…

    Bitcoin energy value metric puts BTC’s ‘fair value’ at $47K — Analyst

    Charles Edwards of Capriole Investments says that despite the current headwinds, Bitcoin’s fair value sits at $45,000. Bitcoin’s price is trading in a frustratingly tight range between $25,500 and $26,500, leaving traders unsure of the next direction that the asset could take. However, Charles Edwards, founder of Capriole Investments, believes that Bitcoin’s current price presents a low-risk…

    DeFi 3.0 introduces a new way to hedge crypto assets against volatility

    Bumper removes downside volatility for protected assets, making it a reliable alternative to crypto options trading. Price volatility is one of the biggest deterrents of the crypto market, dissuading newcomers from trading or investing in cryptocurrencies like Bitcoin or Ether. Extreme market conditions can trigger billions of dollars in liquidations, making it less than ideal for…

    Persistent macro headwinds could delay Bitcoin bull market — ARK Invest

    Several macroeconomic indicators suggest that bearish headwinds could strengthen during the remainder of 2023 and possibly negatively impact the crypto market. It’s been a whipsaw 2023 for investor sentiment, and even though equities markets have defied expectations, a recent report from ARK Invest highlights reasons why the remainder of 2023 could present several economic challenges. ARK manages…

    Shibarium hits 1M wallets amid meteoric growth, SHIB yet to catch up

    Shibarium network activity has soared despite the price of SHIB falling more than 20% since the tumultuous launch of the layer-2 network. The total number of wallets on Shiba Inu’s newly launched layer-2 blockchain, the Shibarium network, has surpassed the one million mark in a meteoric rise since its relaunch. The milestone — announced in…

    Sensitive data leaked in Kroll cybersecurity breach — Report

    The FTX bankruptcy claims agent reportedly confirmed that users’ personal data were leaked, contrary to earlier claims. It appears that a data breach involving FTX bankruptcy claims agent Kroll has resulted in the leak of sensitive information, contrary to earlier reports. In an alleged Kroll Q&A summary published on Aug. 30, FTX users’ email addresses, mailing…