• markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin sees $3,000 daily losses in test for FOMO investors

    Lows of $16,300 appear with Bitcoin then recovering to around $17,000 support, but higher levels must return for a bullish continuation

    Bitcoin saw a drop which only rivals its March crash on November 26 as selling pressure resulted in a landslide to near $16,000. Data from price trackers including CoinMarketCap and TradingView showed BTC/USD falling dramatically in Thursday trading, losing $17,000 support and bottoming out only near $16,300.

  • Kadena to launch DEX
    Innovators,  Technology

    ‘Ethereum 2.0 has lost credibility’: Kadena launches rival DEX

    President Stuart Popejoy says Kadenaswap will be able to handle 480,000 transactions per second—and offer a safer smart contract language

    Ethereum 2.0 has lost credibility as a project that will ship in any kind of predictable timeframe,” Kadena President Stuart Popejoy told Modern Consensus. “Ethereum’s congestion and high gas prices are providing a strong incentive for DeFi projects to consider other platforms."

  • Enron the play in London—will there be one about a stablecoin one day? (via Wiki Commons)

    Former Enron CEO seeks to transition from jail to blockchain

    Jeffrey Skilling is reportedly working on creating a blockchain-based business aimed at connecting investors with oil and gas firms

    Former Enron CEO Jeffrey Skilling is working on creating a blockchain-based company in the oil and gas industry, according to an article in the Wall Street Journal. Skilling was recently released after serving more than 12 years in prison for his role in the Enron scandal, which saw the energy-trading firm collapse in 2001 due to an enormous accounting fraud scheme.