Wells Fargo analyst Mike Mayo predicts that technology will enable efficiency and greater returns for banks this decade. Wells Fargo analyst Mike Mayo announced during a Dec. 30 CNBC news segment that “this is the golden decade of banks and technology.” Mayo explained that while the 1990’s had record bank consolidation (banking businesses merge with each […]
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An overview of the worst and most outrageous Bitcoin price predictions of 2019. To prophesize is a natural human tendency. Humanity applauds those who make the right prediction and also love to hate on people when they miss the mark, especially by ridiculously large amounts. For many years, the crypto industry has been prone to […]
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‘Shitcoin Wallet,’ an Ethereum wallet available as a Chrome Browser extension, is injecting malicious javascript to steal user’s data. An Ethereum (ETH) wallet known as “Shitcoin Wallet” is reportedly injecting malicious javascript code from open browser windows to steal data from its users. On Dec. 30, cybersecurity and anti-phishing expert Harry Denley warned about the […]
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A French tech entrepreneur has been nabbed for allegedly stealing over 1 million euros in Bitcoin from his former colleagues in what is purported to have been an “act of revenge.” A French tech entrepreneur has been nabbed for allegedly stealing over 1 million euros in Bitcoin (BTC) from his former colleagues in what is […]
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The Ethereum network was reportedly the target of an attacking focusing on Parity Ethereum nodes. The Ethereum (ETH) network was apparently the target of a coordinated attack, according to several analysts. Following reports that some Parity Ethereum nodes lost sync with the network, on Dec. 31, core blockchain infrastructure company Parity Technology said it believed […]
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Ripple’s XRP token had a dismal 2019, losing half its value in USD and two-thirds of its value against Bitcoin, but will 2020 finally break the downtrend? Bitcoin (BTC) price has seen a significant increase in 2019 (by more than 100%), while altcoins are actually down significantly from the beginning of the year. Moreover, most […]
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Turkish Takasbank has launched its BiGA Digital Gold platform to provide banks with a blockchain-based system for digital gold transfers. Turkey’s Istanbul Clearing, Settlement and Custody Bank (Takasbank) announced that its blockchain-based, physical gold-backed transfer system is now live. Turkish Takasbank launched BiGA Digital Gold to provide banks with a blockchain-based system for the issuance, […]
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BitMEX’s insurance fund now holds nearly 0.2% of all Bitcoin in circulation after growing 61% in 2019, but what exactly is it for? The BitMEX Insurance Fund has added nearly 13,000 BTC in 2019, reaching a total of just over 33,491 BTC as of Dec. 30. This is equivalent to 0.19% of the total Bitcoin […]
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Blockchain funding has decreased substantially in 2019 when compared to 2018, even though adoption is increasing. Blockchain has become a buzzword in the startup ecosystem and multinationals alike. Numerous benefits provided by the technology has incentivized businesses and governments to adopt, explore or invest in it. However, a surprising turn of events took place in […]
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TRON CEO Justin Sun explains how cryptocurrency will help reduce carbon footprints after pledging $1 million to Greta Thunberg campaign. On Dec. 18 Cointelegraph reported that Tron (TRX) founder Justin Sun publicly pledged to donate $1 million to Swedish activist Great Thunberg to raise global awareness of the climate crisis. Following the COP25 UN Climate Conference […]
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