Leading Chinese DeFi protocol has lost 99.95% of locked funds in a nearly $25 million hack. Chinese decentralized finance, or DeFi, protocol dForce has been exploited in a $24.95 million hack that has resulted in its Lendf.Me lending platform going offline. According to DeFi data aggregator DeFi Pulse, the total value of funds locked in […]
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Stablecoin holds are at a record high totaling over $7.6bn does this make you bullish or bearish? It’s been another bullish week for Bitcoin (BTC) as the price surged past the critical $7,200 resistance, as mentioned in last week’s analysis, all the way to $7,300. However, the price has corrected slightly and is now sitting […]
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With an undercurrent of crypto funding in indie film projects, is there enough potential to disrupt the entire industry? From its obscure beginnings over a decade ago to its current status as the leading cryptocurrency in the world, Bitcoin’s (BTC) tale on its own can make up for a pretty entertaining movie. With the prevalence […]
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As blockchain-focused jobs increase, universities offer blockchain courses that could help students find job opportunities this year. Blockchain, a term once only familiar to Bitcoin (BTC) enthusiasts, is becoming one of the most in-demand business skills for 2020. According to a recent LinkedIn blog post, blockchain technology is the most sought-after hard skill this year. […]
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Bitcoin price surged within a few dollars reach of $7,300 before cooling off near the $7,100 support, meaning traders will be keeping a close eye on today’s weekly close. On Saturday Bitcoin (BTC) price punched a hole through the $7,200 resistance, rallying all the way to $7,293 to briefly escape the resistance cluster the price […]
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Bitcoin Cash advocate, Roger Ver, claims he spent thousands of dollars on individual Bitcoin transaction costs in the past. Bitcoin Cash (BCH) proponent, Roger Ver, claims he paid thousands of dollars in Bitcoin (BTC) fees on multiple occasions. “I paid a thousand dollars in fees for a single transaction on the Bitcoin network, more times […]
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Data suggests that a portion of the American population may be spending their coronavirus stimulus check on cryptocurrency. A chart published by Brian Armstrong, CEO of United States crypto exchange, Coinbase, suggests that a small portion of the American population may be using their coronavirus stimulus checks to purchase cryptocurrency. A tweet, published by Armstrong […]
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The members of the Joint Chiefs of Global Tax Enforcement are updating their crypto laws to prevent financial crimes and money laundering. Cybercriminals are taking full advantage of the COVID-19 pandemic, which has forced life into a digital realm, by leveraging increased fear and uncertainty to steal money and launder it through the complex cryptocurrency […]
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Bitcoin price remains range-bound as the upcoming halving is being overshadowed by the coronavirus pandemic and global economic fallout. The cryptocurrency and equity markets have seen a relatively stable week, as the volatility and volume drained away from both markets. Bitcoin (BTC) has been moving between $6,600 and $7,300 and hasn’t been showing direction. On […]
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The seemingly highly lucrative Medallion Funds will be able to target CME Group’s cash-settled Bitcoin futures, according to a filing. A secretive yet reportedly highly lucrative hedge fund now has the green light to invest in Bitcoin (BTC) futures markets. In a brochure originally dated March 30, the United States regulator the Securities and Exchange […]
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