Bitcoin 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 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 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 […]
Continue ReadingJustin Sun’s Steemit has been accused of censoring content about the upcoming Hive hard fork. In the latest development in the Steem (STEEM) saga, Justin Sun has come under fire for censoring posts on the platform related to the community-driven ‘Hive’ hard fork. On March 19, cryptocurrency influencer Girl Gone Crypto Tweeted a clip to […]
Continue ReadingBanco Sella is now allowing their customers to buy, sell and store Bitcoin without interacting with exchanges. Growing crypto adoption and the COVID-19 outbreak has encouraged Italy’s Banco Sella to launch a Bitcoin trading service The trading is conducted via the bank’s Hype platform, with the bank acting as an intermediary to mitigate against potential […]
Continue ReadingVitalik Buterin tweeted out a roadmap for the next 5-10 years of ETH 2.0 development and the community responded. Ethereum co-founder, Vitalik Buterin, revealed his personal roadmap for ETH 2.0 in a tweet on March 18. The post covers the next 5 to 10 years of the project’s development. Progress is in action In the […]
Continue ReadingSGA token users can now hold their funds in ZenGo’s keyless wallet, thanks to a partnership between the two. Saga Monetary Technologies’ SGA stablecoin is now compatible with keyless wallet ZenGo, thanks to a recent partnership between the two companies. “ZenGo provides guaranteed access, meaning that even if we stop operating, user funds will remain […]
Continue ReadingAn evolving list of finance policies and practices suspended due to Coronavirus and their meaning for cryptocurrencies. By this point, everyone knows that Coronavirus, also known as COVID-19, has wreaked havoc on the world economy. The ongoing pandemic On March 13, crypto markets saw an unprecedented collapse alongside the worst day in the traditional markets […]
Continue ReadingQuantum computing could potentially break much of the encryption algorithms and protocols that currently secure the internet and computational industry as they are. Back in the 2000s, when I worked for PricewaterhouseCoopers (PwC), I was the director of technology and innovation. Part of that role was not only helping the company and some of our […]
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