Crypto News

Lyft to Leverage Solana DePIN Project Hivemapper Through Bee Maps

Lyft, a ride-sharing company with over 2 million drivers, will leverage Hivemapper, a Solana-based DePIN application, as a low-level, street-focused mapping solution. Lyft will implement solutions provided by Bee Maps, a company that utilizes Hivemapper-based software. Lyft Partners With Bee Maps to Capture Street-Level Mapping Data Lyft, a ridesharing company with over 2 million driversSource link

Bitcoin Bulls Face $120M Challenge in Extending ‘Stair-Step’ Uptrend

Bitcoin BTC bulls face a $120 million resistance challenge as they look to extend the classic "stair-step" uptrend, or periodic controlled move higher, order book data show.Since April 9, bitcoin has climbed about 38%, advancing from around $75,000 to $104,000 as trade tensions eased and major market participants deployed capital.This rally can be described as a classic stair-step pattern: Initial bullish impulses are followed by periods of consolidation, which set the stage for the next upward move.For example, the initial increase from $75,000 encountered range-bound trading between $83,000 and $85,000. The subsequent step higher faced consolidation between $92,000 and $96,000.Similarly, since May 10, prices have oscillated mainly between $101,000 and $105,000, marking consolidation following the step into six figure territory.From...

dYdX Unveils Isolated Markets and Margin for Enhanced Trading Flexibility

dYdX introduces isolated markets and isolated margin in its latest software update, expanding market options and improving risk management for traders. (Read More)Source link

Enhancing Cloud-Based Data Science with NVIDIA CUDA-X and Coiled

Explore how NVIDIA CUDA-X and Coiled streamline cloud-based data science, offering significant computational speedups and simplifying infrastructure management for data scientists. (Read More)Source link

DOJ Charges 12 With $263M Crypto Theft Linked to Genesis Creditor

U.S. Department of Justice (DOJ) has charged 12 individuals for stealing over $263 million in crypto. The individuals are linked to an earlier investigation where scammers were able to siphon off over $243 million from a Genesis creditor. According to blockchain sleuth ZachXBT, last year one of the creditor of defunct trading firm Genesis was spoofed by a group of scammers, who were able to steal $243 million worth of digital assets and then redirect it through crypto mixers.Several of the individuals charged, which includes U.S. nationals and foreign, were arrested in California this week, the DOJ said in a press release on Thursday. The remaining two individuals live abroad. The charges on the individuals range from racketeering, wire fraud...