Traders have turned bullish on Ethereum again and the strong break above $400 could pull Bitcoin and other altcoins higher. Data from Grayscale Investments shows that the firm’s assets under management soared from about $1.9 billion at the end of 2019 to over $3.5 billion by the end of June 30, 2020. The correction in […]
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ETC’s bad month isn’t over yet. ETC is facing delisting from OKEx in the wake of a 51% attack that cost the exchange $5.6 million. According to a report recently released by OKEx, the perpetrators registered five accounts between June 26 and July 9, 2020, subsequently depositing 68,230.02 ZEC (worth more than $5 million) on […]
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The NCSC has gone scorched earth on crypto scams. Over the past four months, the National Cyber Security Centre, or NCSC, removed over 300,000 URLs pertaining to fake celebrity-endorsed investment opportunities. More than a half of these sites belonged to fraudulent cryptocurrency investment schemes. Per an announcement published by the NCSC on August 14, an […]
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Loyalty can be so rewarding. Gamified shopping loyalty platform StormX will now let its users earn cashback in cryptocurrencies when shopping at Walmart. According to an announcement shared with Cointelegraph on August 14, StormX users can now earn up to 4% cashback in crypto for purchases made at Walmart. Users who achieve a “Diamond” rank […]
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There are multiple ways to approach digital payments, and Facebook wants to cover them all. Despite regulators across the board giving a cold shoulder to Facebook’s ambitious plan to install a worldwide crypto-based payment system called Libra, the company’s enthusiasm for moving into the digital payments space is only mounting. Earlier this week, reports emerged […]
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The saga continues… After the original Yam Finance protocol collapsed due to a single line of code, its developers are planning to relaunch the project on new, audited smart contracts. In a blog post published on Friday, the developers outlined a migration plan that will see the already existing tokens get transferred on a new […]
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Diversity and inclusion are valued higher in the crypto space than in traditional finances, but there are some cultural obstacles we need to overcome. When we talk about financial inclusion, we have to think about inclusion for whom, in what context, and what inclusion itself means. One of the common answers when thinking about who […]
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Wall Street firms are waking up to the prospect of holding Bitcoin as a hedge against uncertainties in the mainstream equities market. Bitcoin (BTC) adoption by big-money players is once again on the agenda following the recent $250 million BTC purchase by MicroStrategy. Industry commentators have also stated that corporations plugging into Bitcoin will provide […]
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The supply of Tether has surpassed $12 billion and this will likely only make traders more bullish on the price of Bitcoin and alternative cryptocurrencies. The market capitalization of Tether (USDT) surpassed $12 billion as of Aug. 14, according to cryptocurrency market analytics firm Coinmetrics. Meanwhile, some believe the rapidly-rising valuation of the dominant stablecoin […]
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“Decentralized technology that creates programmatic consensus to seamlessly fix inefficiencies and increase opportunity? I think it may prove to be unstoppable.” Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This […]
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