Sam Bankman-Fried provides bailouts, ‘Bitcoin dead’ searches soar, and debate over hidden themes behind BAYC continues: Hodlers Digest, June 19–25

[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week  SBF and Alameda step in to prevent crypto collapse contagionSam Bankman-Fried stated on June 20 that his firms Alameda Research and FTX would be “stepping in”

Bitcoin may still see ‘wild’ weekend as BTC price avoids key $22K zone

[ad_1] Bitcoin (BTC) focused on $21,000 into the weekend amid warnings that volatility could still consume the market before June 27.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewS&P 500 sees second best week of 2022Data from Cointelegraph Markets Pro and TradingView showed BTC/USD broadly higher in its recent trading range after United States stocks ended the week strong.As noted by markets commentators Holger Zschaepitz, the S&P 500 sealed its second best week

Bitpanda announces layoffs citing no compromise on product quality

[ad_1] Austrian crypto and stock trading platform Bitpanda joins the growing list of companies to announce a mass layoff as it aims to “get out of it financially healthy” amid an unforgiving bear market.Over the past several weeks, the bear market resulted in numerous catastrophic outcomes for many ecosystems such as TerraUSD Classic (USTC) and Abracadabra’s Magic Internet Money (MIM) de-pegging fiasco. Witnessing the crashes from a front-row seat, Bitpanda made

What is StrongBlock (STRONG) and how does it work?

[ad_1] The digital financial environment continues to develop almost every second, which is no surprise to those in the crypto sector. Among such technological advancements, a new project called StrongBlock has popularized the concept of the node as a service (NaaS) on the blockchain. NaaS is an alternative to running entire blockchain nodes on your own; it provides developer infrastructure and tools for setting up and managing blockchain nodes.Connected blockchain