Switzerland-based crypto exchange Smart Valor listed major gold-backed stablecoin PAX Gold for trading against the Swiss franc and the British pound. While global stock markets are experiencing extreme turmoil, cryptocurrency projects keep introducing more ways to trade gold-backed assets twenty-four hours a day. PAX Gold (PAXG), a major cryptocurrency pegged to physical gold, has now […]
Continue ReadingBitcoin sees $7,150 for a fleeting moment before climbing down to the mid-$6,000s, but traditional markets remain in deep trouble. Bitcoin (BTC) was gearing up to crack $7,000 on March 20 as the cryptocurrency’s miraculous turnaround produced almost 90% weekly gains. Cryptocurrency market daily overview. Source: Coin360 Data from Coin360 and Cointelegraph Markets showed BTC/USD […]
Continue ReadingDoes Bitcoin have no intrinsic value? Blockchain experts and government officials seem to disagree vastly on the issue. In early March, the Bank of England’s governor-designate, Andrew Bailey, said that Bitcoin has no intrinsic value. He controversially stated that any investor that holds Bitcoin should be prepared to lose all of the money. Bailey said, […]
Continue ReadingBidders in the first MakerDAO debt auction have already committed $2 million of Dai in return for freshly minted MKR tokens. Bidders have already committed to buying Maker (MKR) tokens for a total of $2 million in Dai (DAI) as the first phase of the MakerDAO debt auction reaches its final stages. The majority of […]
Continue ReadingThe open-source Baseline Protocol allowing private systems to be built on the public Ethereum blockchain has been made publicly available on GitHub. The open-source Baseline Protocol code allowing private systems to be built on the Ethereum public blockchain has now been published to GitHub, as of March 19. This means that the EY, Microsoft and […]
Continue ReadingBitcoin’s rejection of coronavirus bear movements sees it near $6,700 as traditional markets, devoid of trust, fall far behind. Bitcoin (BTC) is now turning the ongoing coronavirus disaster into a cause for gains — the cryptocurrency is up 80% in just one week. As the effects of the pandemic on traditional markets intensify, Bitcoin has […]
Continue ReadingThe former Bakkt CEO and current Republican senator Kelly Loeffler has been criticized for dumping stock immediately after a private Senate hearing on coronavirus. Kelly Loeffler, the former CEO of Intercontinental Exchange subsidiary Bakkt and current Republican senator from Georgia, reportedly sold millions in stock within days of a Senate Health Committee hearing on the […]
Continue ReadingBitcoin price rallied to rebound above $6,000 and to the highest level since its 50% record plunge last week amid coronavirus fears. After rallying 21.6% to a new seven-day high at $6,375, Bitcoin (BTC) traders now seem intent on pushing the price higher to $7,200. The digital asset has made an impressive 66% recovery since […]
Continue ReadingTSG announced Q3 2019 had been particularly good to them, with investors like Square Enix giving $2.01 million to the blockchain-based game. After recently announcing a third presale of their coveted game’s virtual spaces, The Sandbox (TSB) revealed they have quite a number of big-name backers. According to a March 20 press release by Animoca […]
Continue ReadingThe cybercriminals behind the crypto mining Stantinko botnet have devised some ingenious methods to evade detection. The cybercriminals behind the crypto mining Stantinko botnet have devised some ingenious methods to evade detection. Malware analyst Vladislav Hrčka from cybersecurity firm ESET sounded almost impressed as he unveiled the firm’s latest findings, and potential countermeasures, in a […]
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