From oil nearing $10 to stocks trading near all-time highs despite millions of unemployed, Bitcoin has a lot to consider this week. Bitcoin (BTC) maintained $7,000 despite strong resistance on April 20 as oil crashed through fresh support levels towards $10. Heading into what promises to be a choppy week for traditional markets, here are […]
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Crypto derivatives exchange BitMEX has become the latest industry actor to join philanthropic efforts to fight the COVID-19 global health crisis. Seychelles-registered crypto derivatives exchange BitMEX has become the latest industry actor to join philanthropic efforts to fight the COVID-19 global health crisis. On April 20, the exchange’s operator, HDR Global Trading, launched a dedicated […]
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DYdX’s billion-dollar milestone comes amid a challenging period for DeFi, with MakerDAO recently completing its debt auction and dForce suffering a 99.95% loss to hackers. Decentralized finance — of DeFi — lending protocol dYdX has produced more than $1 billion in loans since launching one year ago. The milestone was driven by consecutive monthly all-time […]
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From dwindling numbers of Twitter users in Q1 to large-scale liquidations in 2019, reduced engagement has affected the price of XRP. According to a quarterly report, online engagement towards XRP on Twitter fell in Q1 2020, while Ripple was forced to liquidate many of its holdings to stay cash flow positive. The report, by social […]
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Arrano Capital, the blockchain arm of Venture Smart Asia, announced they had met the regulatory requirements in HK to launch a crypto fund. Venture Smart Asia has launched Hong Kong’s first approved cryptocurrency fund with a target of $100 million under management for its first year. According to an April 20 Bloomberg report, Arrano Capital, […]
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Content creators on popular streaming apps in Japan may soon find it easier to have their work recognized thanks to Dentsu and Kadosawa. One of the largest advertising companies in Japan is making it easier to recognize content creators on popular apps as a market force, even if they use copyrighted material in their work. […]
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Brave New Coin analyst Josh Olszewicz used the Ichimoku Cloud to predict a “once in a quarter” buy opportunity for Bitcoin. Crypto analyst at Brave New Coin Josh Olszewicz says Bitcoin (BTC) is about to see a buy signal the cryptocurrency only goes through once a quarter. In a Tweet on April 19th, Olszewicz shared […]
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A survey found twice as many people use central bank digital currencies than decentralized cryptocurrencies. Crypto.com and The Economist teamed up to survey more than 3,000 consumers on issues concerning crypto assets. The survey found far greater trust in central bank digital currencies, or CBDCs, than decentralized cryptocurrencies — indicating that crypto is still yet […]
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Leading ConsenSys developer, John Wolpert, discussed the potential security flaws with Apple and Google’s contact tracing proposal. Developers contributing to the Github of Baseline Protocol, an open-source blockchain project launched by Microsoft, EY, and ConsenSys, recently offered suggestions for a Baseline Protocol-based COVID-19 contact tracing system. The project aims to address security flaws noted in […]
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The FBI’s Tonya Ugoretz estimated cybercrime reports have more than tripled amid the coronavirus pandemic. Speaking as part of an online panel hosted by think tank, Aspen Institute, Federal Bureau of Investigations, or FBI, deputy assistant director, Tonya Ugoretz, revealed that the number of cybercrime reports received by the agency has more than tripled amid […]
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