New data from Whalemap reveals three whale clusters around $12K that should act as support and resistance areas for Bitcoin price in the short term. According to Whalemap, there are three major Bitcoin (BTC) whale clusters in the near term that might serve as key technical levels. The $11,857, $12,256 and $12,868 levels would likely […]
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The platform got hacked not once, but thrice, putting the team through a trial by fire. Decentralized finance platform bZX has frequently been in the spotlight this year, only not for the right reasons. Most DeFi platforms popular today, including bZX, began their journey around 2018, at the tail-end of the initial coin offering boom. […]
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He doesn’t seem to think China is that far ahead of the USA when it comes to blockchain development — at least for now. Wu Zhongze, China’s former vice-minister for Science and Technology and a well-known digital economics expert, believes that blockchain technology is still quite young. During an interview with The Paper, the former […]
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Decentralized ecosystems still need a way to deal with nefarious files. The InterPlanetary File System, or IPFS, helps decentralize the internet by making files available across multiple locations instead of through a single centralized point of failure. What happens if someone reports a problematic IPFS file, however? Dietrich Ayala, ecosystem lead for IPFS, explained the process: “Let’s say […]
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Bad actors allegedly tried to brute force their way into accounts belonging to Paxful’s users in an ongoing series of attacks. Paxful, a peer-to-peer cryptocurrency marketplace, has successfully defended against a number of serious threats, including 220,000 bot attacks and a variety of social engineering ploys — all in the span of two months. During […]
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While Hoskinson is not a fan of “the Orange Goblin”, he still does not appreciate unsolicited pro-Biden emails from paid service providers. “My first thought was he must have been hacked”, said Hoskinson, reflecting on opening an email he received from David Barrett, the CEO of Expensify, urging him to vote for Joe Biden: Source: […]
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They said that real adoption of the asset class “hasn’t even started.” Gemini crypto exchange founders Tyler and Cameron Winklevoss said that Bitcoin (BTC) will eventually hit $500,000 per coin during a recent interview with podcast host Peter McCormack. “The question in our mind is not so much does it get to $500,000, but how […]
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The proposed change would cut down FinCEN’s longstanding $3,000 threshold. The Financial Crimes Enforcement Network (FinCEN) and Federal Reserve are looking to get more information on smaller transactions than ever before. According to a notice of proposed rulemaking published on Friday, the agencies want to lower the $3,000 threshold established in 1995 to $250 for international transactions, […]
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Can anyone hold North Korea responsible for its attacks on the crypto industry? There has been a hot political debate underway on who should take responsibility for countering North Korean hacks targeting South Korean cryptocurrency exchanges. Recently, South Korea’s financial watchdog made it clear that they do not see this issue as any of their […]
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Retail investors are buying into Bitcoin, says CryptoQuant CEO. In the days preceding Bitcoin’s latest rise in price, stablecoins went wild, exhibiting some largely unprecedented behavior. Stablecoins: all stablecoins inflow transaction and address count of all exchanges. Source: CryptoQuant. On October 18, stablecoins moving to exchanges reached record highs of 60,000 and 56,000 respectively, according […]
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