US bank losses hit record levels

Unrealized losses at U.S. banks have reached a record $512 billion, raising concerns about the stability of the financial system. This phenomenon has persisted for 11 consecutive quartersnoting that problems in the banking sector have lasted longer than expected, according to a comment from The Kobeissi Letter. Unrealized losses are those that a bank has … Read more

$43 million in different cryptocurrencies were stolen

Cryptocurrency exchange BingX suffered a hack that resulted in the loss of $43 million in various crypto assets, including thousands of ether (ETH), BNB, and millions of MATIC tokens, among others. Cybersecurity firm PeckShield was the first to report about this attack, highlighting that most of the funds stolen were extracted from the Ethereum and … Read more

Pre-sale starts next week

Key facts: Each purchase will come with an NFT, according to the creators. It is a portable Web3 gaming device that emulates Nintendo’s GameBoy. Solana has decided to enter the video game market with the launch of its portable console, Play Solana. Pre-orders for this device, which emulates the iconic design of Nintendo’s GameBoy, will … Read more

Bitcoin transaction fees hit their lowest levels in a year

Transaction fees on the Bitcoin network are at an extremely affordable point, as shown by Mempool.space. Low, medium and high priority transactions are between 4 and 5 satoshis per byte (sat/vB), which is equivalent to less than a dollar. This means that the rates are at 0.35, 0.44 and 0.44 dollars respectively for each priority … Read more

MicroStrategy beat the S&P 500 with its bitcoin investment

MicroStrategy has outperformed the S&P 500 index thanks to its investment in bitcoin (BTC), according to data revealed by Michael Saylor, the company’s CEO. Since adopting BTC as part of its corporate strategy in August 2020, the company has seen over 1,000% growth in its stock performance. MicroStrategy’s performance not only outperformed the S&P 500. … Read more

Bitcoin over $63,000 after capital inflows into ETFs and options expiry

Key facts: BTC is trading around $63,100, according to data from CoinMarketCap. A rebound in the Bitcoin price was expected after the options expired. Bitcoin (BTC) remains above $63,000 on Saturday, September 21, trading at around $63,100 according to data from CoinMarketCap. This follows a day marked by the inflow of capital into Bitcoin exchange-traded … Read more

¿Qué es Lido y cuál es su rol en el staking de Ethereum? 

Hechos clave: Lido aparece en el mercado en 2020 y logra recaudar 2 millones de dólares. El servicio opera con dos tokens: el token stETH y la criptomoneda LDO. El stETH representa los depósitos de los usuarios y sus recompensas de staking. Lido DAO permite la gobernanza descentralizada y los miembros pueden votar por propuestas. … Read more

With Bitcoin Beach and Bitcoineta Inka, the use of BTC grows in Peru

Key facts: The most vulnerable people and sectors of the South American country are adopting bitcoin. Bitcoin stands out in the South American country as a tool for financial inclusion. The adoption of bitcoin (BTC) and other cryptocurrencies is gaining momentum in Peru. In one year, the country has climbed six places in the global … Read more

Bitcoin is up and not just because of the rate cut, find out in the news summary

This week ends with the clearing of expectations that have been held for months regarding interest rates. The Federal Reserve (Fed) finally announced a cut and the bitcoin (BTC) market responded with a price increase that reached USD 63,000. In this way, the hope that the price of the digital currency will rise The economy … Read more

The Internet of the future will revoke the right to lie (and to tell the truth)

Key facts: It is a mistake to equate the fight for individual privacy with the State’s fight for security. What matters about technologies is not their purpose, but the scope of their fair applicability. The Internet of the future could be regulated by a global database that links people’s real-world identity to their virtual identity … Read more