The cybersecurity millionaire and former presidential candidate sees new additions to his legal woes. On Monday, the U.S. Securities and Exchange Commission filed suit against John McAfee for allegedly promoting initial coin offerings (ICOs) without disclosing that the ICO issuers were paying him, a violation of U.S. securities law. Per the complaint: “From at least […]
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Discover the intricacies of short and long positions in crypto trading. These principles can be applied by both new and experienced traders. How can margin trading amplify the targets of long and short positions? Margin trading can magnify the potential results of long and short positions thanks to leverage — i.e., borrowed funds. Going long […]
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Venezuela may have the most crypto volume, but this country bests all of Latin America when it comes to retail crypto transactions. A recent study showed that Latin America represents 7% of the entire global cryptocurrency economy. Out of that segment, Mexico has captured almost 11% of all retail crypto payments since July 2019. El […]
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Bitcoin may take twice as long to get to $100,000 than previously surmised. In its latest crypto newsletter, Bloomberg observes that Bitcoin (BTC) “has had a tendency of adding zeroes to its price,” noting that the asset previously went from $1,000 to $10,000 in less than four years. Maturation may have slowed this trend somewhat, […]
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Some UniCats users saw their entire token balances drained due to a malicious contract. Yield farmers looking for a quick profit were recently taken in by a dubious DeFi protocol called UniCats — a yield farming scheme reminiscent of other, more famous protocols like SushiSwap or Yam Finance. According to ZenGo researcher Alex Manuskin, at […]
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Is risk in the eye of the beholder? Canada’s central bank, the Bank of Canada, recently put out a report on the risks and benefits of a central bank digital currency. “An anonymous token-based central bank digital currency (CBDC) would pose particular security risks,” the Bank of Canada wrote in its Oct. 5 report. “These risks arise from […]
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Traders are attempting to kickstart a new trending move in Bitcoin and altcoins by attacking overhead resistance levels. A recent report by ARK Investment Management LLC presents a strongly bullish case for Bitcoin’s (BTC) future value. The group projects that Bitcoin’s network capitalization will rise to $1-$5 trillion over the next five to ten years. […]
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Scaling solutions sometimes come at the cost of decentralization. Most of DeFi’s potential scaling options come at the cost of decentralization, according to Kosala Hemachandra, founder and CEO of crypto wallet solution MyEtherWallet. “From a perspective of fully decentralized blockchains, there’s no blockchain that has a good enough scaling solution to support this many transactions,” Hemachandra told […]
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Whale clusters show three critical support levels Bitcoin must protect in order to see a larger rally in the near term. Bitcoin (BTC) whale clusters point toward three critical price levels to maintain a bullish market structure in the near term. Whale clusters form when large investors purchase Bitcoin and do not move it, making […]
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Developing self-sovereign identity should be a leading priority for every company, legislator and investor engaged in the security industry. To navigate well in a digital world, we must be able to easily and securely establish our digital identity. Traditionally, a username, password and some trivial arcana like our first pet’s name have been key pieces […]
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